CSM Technologies has opened its initial public offering to public subscription, launching a ₹146 crore issue that will list on the Bombay Stock Exchange and the National Stock Exchange on July 2.
The company intends to use the proceeds for working capital requirements, repayment of debt, and general corporate purposes, including expansion.
The offering comes as the Indian primary market experiences a surge in activity following a period of relative quiet.
Multiple mainboard and SME IPOs are currently open for subscription, signaling renewed investor appetite for new listings.
CSM Technologies joins a wave of companies seeking to tap public markets, with the subscription window remaining open through Wednesday before the listing date.
This development adds to a busy week for Indian IPOs.