CSM Technologies IPO: A New Chapter in Indian Tech Markets
CSM Technologies, a Bhubaneswar-based IT and GovTech company, is gearing up for its debut on the Indian stock market with an Initial Public Offering (IPO) that has grabbed investor attention. The company has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), signalling its intention to raise fresh capital by issuing up to 1.29 crore equity shares — and notably, without any offer-for-sale component.
Founded in 1998 (originally as Cybertech Software & Multimedia Pvt Ltd) and converted into a public company in 2025, CSM Technologies specialises in digital transformation, IT consulting and GovTech solutions for governments and enterprises both in India and abroad. With a presence in markets including the USA, UAE, Canada, Kenya and Rwanda, the firm has positioned itself as a global technology partner in public sector digitalisation.
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