stock-icon

Csm Technologies Limited

Minimum Investments
₹14,124
Price Range
₹107 - ₹113
Issue Size
₹145.78 Cr
Lot Size
132shares
Proceeds of this IPO to be used for
Funding working capital requirements of the company
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Strengths & Weaknesses
Technology driven innovations

The company has developed proprietary and patented technologies, including LCNC Framework, AI Model Orchestration Platform, Document Management System, and Ore Sampling Technology. These innovations enhance efficiency, scalability, and compliance, strengthening its competitive position and long-term client engagements

High-entry-barrier industry

The IT-ITeS market has high entry barriers due to the need for proven track records, deep domain expertise, experienced talent, and sustained investments in technology and compliance. Complex integration requirements and high switching costs in sectors like e-governance further limit new competitors from gaining clients

Diversified spectrum of industries

The company is one of the few IT solutions providers to deliver pioneering projects for both government and private sectors. It operates across ten verticals, offering specialised digital solutions for public sector transformation in areas like mining, governance, agriculture, education, healthcare, and tourism

Government compliance & tender risks

The company faces the risk of disqualification, suspension, or blacklisting by government authorities, which could limit access to key projects and revenue. Non-compliance with tender or contractual obligations may lead to disciplinary actions, adversely affecting operations, cash flows, and reputation

Cybersecurity & digital infrastructure risks

The company’s operations rely heavily on digital infrastructure, making it vulnerable to cyberattacks and unauthorised access. Security breaches could disrupt operations, cause financial loss, regulatory penalties, and reputational damage, as illustrated by a past incident involving a Rs. 33.7 lakh fraudulent payment

Bank guarantee risks

The company is required to provide bank guarantees for contracts, including bid, advance, performance, and retention guarantees. Failure to arrange or honor these guarantees could negatively impact cash flows, financial condition, and business operations

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)Dec 2025Q/Q Change
Operating Revenue165.52-
Other Income1.53-
Total Income167.05-
Total Expenditure135.46-
EBIDT31.59-
Depreciation4.80-
Interest6.20-
Tax5.90-
Net Profit14.25-

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)Mar 2025
Total Current Assets89.54
Total Non-Current Assets65.00
Fixed assets59.15
Total Assets154.54
Total Current liabilities47.32
Total Non Current Liabilities30.24
Total Equity Plus Liabilities154.54
Total Shareholder Funds76.98
Total Debt to Equity42.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)Mar 2025
Cash from Operating Activity8.72
Cash from Financing Activities0.31
Cash from Investing Activities-8.96
Net Cash Flow0.07

About the Company

CSM Technologies was incorporated on July 15, 1998. The company delivers pioneering IT and GovTech solutions for government and private sectors, specializing in digital transformation across industries like mining, agriculture, education, healthcare, and tourism. With expertise in e-governance, advisory, and self-service technologies, it helps organizations streamline operations, improve decision-making, and enhance citizen-centric services

Promoter
Priyadarshi Pany
Promoter
Lagna Panda

FAQs for Csm Technologies Limited IPO

Bidding Closed
Listing Date: 02 Jul 26