CSM Technologies' IPO is nearing its close with a modest grey market premium of around 4%, suggesting limited listing gains. The issue, aiming to raise Rs 145.78 crore, was 66% subscribed by Day 2, with retail investors showing strong interest. The company, a digital transformation and GovTech solutions provider, operates in a growing sector but faces valuation concerns and competition.
CSM Technologies' IPO is in its final subscription day, with a grey market premium of 4% indicating potentially modest listing gains. The company aims to raise Rs 145.78 crore and was 66% subscribed by Day 2, driven by strong retail investor interest. Despite operating in a…
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