Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
-4.5%
predicted listing gain
🔴Action Signal: High Risk / Avoid
CSM Technologies displays an established operational footprint with expanding revenue streams (12.2% CAGR) and a defensible value proposition.
💪 Strengths
Demonstrated operational revenue trajectory with resilient top-line growth (12.2% CAGR).
Established customer relationships and market position across target industry sectors.
Sound operational capital returns with Return on Capital Employed (ROCE) at 29.4%.
⚠️ Weaknesses
Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
Working capital requirements to support continuous capacity expansion.
Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
Industry tailwinds from rising domestic capex and infrastructure spending.
Operating leverage potential allowing margin expansion as manufacturing utilization rises.
Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
Sectoral regulatory shifts and evolving statutory compliance requirements.
Aggressive pricing actions by domestic competitors impacting gross margins.
Broader market equity volatility and liquidity fluctuations.
🎯 Objectives of the IPO
Requirement / Purpose
Amount (₹ Cr)
Funding working capital requirements of the Company
₹53.00
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
₹25.88
Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
₹67.12
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
Metric
FY23
FY24
FY25
FY26
Revenue (₹ Cr)
Rs 160.00 Cr
Rs 197.00 Cr
Rs 199.00 Cr
Rs 226.00 Cr
Net Profit / PAT (₹ Cr)
Rs 16.00 Cr
Rs 13.00 Cr
Rs 14.00 Cr
Rs 24.00 Cr
EBITDA / Op. Profit (₹ Cr)
Rs 28.00 Cr
Rs 24.00 Cr
Rs 30.00 Cr
Rs 46.00 Cr
Borrowings (₹ Cr)
Rs 9.00 Cr
Rs 34.00 Cr
Rs 35.00 Cr
Rs 72.00 Cr
Total Assets (₹ Cr)
Rs 80.00 Cr
Rs 124.00 Cr
Rs 155.00 Cr
Rs 215.00 Cr
ROE %
0.00%
0.00%
0.00%
0.00%
ROCE %
29.40%
29.40%
29.40%
29.40%
Debt / Equity
0.00
0.00
0.00
0.00
Company P/E
19.3x
Industry P/E
22.2x
Debt/Equity
0.70
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 22.2x
IPO 19.3x
0x (Deep Value)30x (High Multiple)
📋 Live Subscription Status
QIB
1.02x
NII
1.65x
Retail
1.62x
Total
1.36x
🎯 Retail Allotment Probability61.7% Odds
1 in 1.6 chance (~61.7% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
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