Mumbai, June 24 -- CSM Technologies received bids for 28,52,784 shares as against 1,11,30,880 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (24 June 2026). The issue was subscribed 0.26 times.

The issue opened for bidding on 24 June 2026 and it will close on 29 June 2026. The price band of the IPO is fixed between Rs 107 and 113 per share. An investor can bid for a minimum of 132 equity shares and multiples thereof.

The IPO is 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 requirements, Rs 22.63 crore will be utilised towards repaymen...