CSM Technologies IPO ends with 1.36x subscription
Mumbai, June 30 -- CSM Technologies received bids for 1,51,27,068 shares as against 1,11,30,880 shares on offer. The issue was subscribed 1.36 times.
The retail category led the subscription with 1.62 times, followed by the non-institutional investor (NII) portion at 1.54 times, while the qualified institutional buyers (QIB) segment was subscribed 1.02 times.
The issue opened for bidding on 24 June 2026 and it closed on 29 June 2026. The price band of the IPO was fixed between Rs 107 and 113 per share.
The IPO was entirely a fresh issue of shares worth Rs 145.78 crore at upper price band of Rs 113. The fresh issuance is of 1,29,01,000 shares.
The funds raised to the tune of Rs 56.0 crore will be used towards funding working capital re...
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