CSM Technologies files preliminary papers with SEBI for IPO
The company's proposed IPO comprises entirely a fresh issue of 1.29 crore equity shares, with no OFS component
CSM Technologies has filed its preliminary papers with markets regulator Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). The company's proposed IPO comprises entirely a fresh issue of 1.29 crore equity shares, with no offer-for-sale (OFS) component.
Proceeds from the issue will be utilised towards funding growth initiatives, strengthening technological infrastructure, payment of debt and general corporate purposes. Keynote Financial Services is the sole book-running lead manager to the issue.
CSM Technologies is a global GovTech company specialising in digital transformation, IT consulting, and providing comprehensive 360-degree IT solutions to governments and public enterprises worldwide.
