CSM Technologies' IPO is nearing its close with a modest grey market premium of around 4%, suggesting limited listing gains. The issue, aiming to raise Rs 145.78 crore, was 66% subscribed by Day 2, with retail investors showing strong interest. The company, a digital transformation and GovTech solutions provider, operates in a growing sector but faces valuation concerns and competition.

CSM Technologies' IPO is nearing its close with a modest grey market premium of around 4%, suggesting limited listing gains. The issue, aiming to raise Rs 145.78 crore, was 66%…

The public issue, which was open for subscription between June 24 and June 29, was subscribed 1.37 times overall. The retail investor portion was booked 1.63 times, while the…