CSM Technologies Ltd - IPO

CSM Technologies Ltd IPO Details

Initial public offering of up to 1,29,01,000 equity shares of face value of Rs. 10 each (Equity Shares) of CSM Technologies Limited (Company or Issuer) for cash at a price of Rs. 107-113 per equity share (including a share premium of Rs. 97-103 per equity share) (Issue Price) aggregating up to 138.04-145.78 Crores (Issue).This issue includes a reservation of up to 1,30,000 equity shares of face value of Rs. 10 each aggregating to Rs. 1.47 Crores (constituting [*]% of the post-issue paid-up equity share capital of the company) for subscription by eligible employees (the Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as Net Issue. The issue and the net issue would constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital.Price Band: Rs. 107 to Rs. 113 per equity share of face value of Rs. 10 each.The floor price is 10.7 times the face value of the equity shares and the cap price is 11.3 times the face value of the equity shares.Bids can be made for a minimum of 132 equity share of face value of Rs. 10 each and in multiples of 132 equity shares of face value of Rs. 10 each thereafter.

Objective of issue

Funding working capital requirements of the Company. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company. General corporate purposes.

CSM Technologies Ltd Contact Details

CSM Technologies Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - secretarial@csm.tech

Website - www.csm.tech