CSM Technologies' IPO successfully crossed the finish line, fully subscribed on its final day, driven by strong retail investor interest. The issue, aiming to raise Rs 145.78 crore, is expected to offer modest listing gains with a grey market premium around 4%. The company, a digital transformation and GovTech solutions provider, has shown consistent financial growth, though analysts note a premium valuation and reliance on government contracts.
CSM Technologies' IPO closed fully subscribed on its final day, primarily due to robust retail investor demand. The company aimed to raise Rs 145.78 crore and is projected to see a modest 4% listing gain, according to grey market premium. While the digital transformation…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.