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CSM Technologies IPO: Issue receives tepid response on Day 01, subscribed 0.26x; GMP signals flat listing

As reported by mint - markets
CSM Technologies' IPO opened on June 24 but saw low demand, being subscribed 0.26 times on the first day. The ₹146-crore offering comprises fresh equity shares, with a valuation of approximately ₹583 crore expected post-issue. Allotment details will be finalized by June 30.
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CSM Technologies' IPO opened on June 24 and received a tepid response on Day 01, being subscribed only 0.26 times. The ₹146-crore offering consists entirely of fresh equity shares, valuing the company at approximately ₹583 crore post-issue. Allotment details for this IPO are…

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