CSM Technologies has launched its initial public offering on Indian exchanges, opening subscriptions to qualified institutional and retail investors on June 24.
The ₹146 crore issue is structured entirely as a fresh issue, with the company aiming to raise capital for growth initiatives and working capital requirements.
The public subscription window remains open until June 29, with shares scheduled to list on the Bombay Stock Exchange and the National Stock Exchange on July 2.
The price band for the offering is set between ₹107 and ₹113 per share.
Prior to the public launch, the company successfully closed an anchor investor portion on June 23, raising ₹20 crore.
This early institutional interest provides a baseline of support ahead of the broader market subscription, though final pricing will depend on demand during the five-day bidding period.