CMR Green Technologies IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.03x | 3.45x | 270.46x |
| NII | 5.67x | 21.80x | 172.32x |
| bNII > ₹10L | 5.39x | 20.77x | 187.21x |
| sNII 2-10L | 6.24x | 23.85x | 142.54x |
| Retail | 2.45x | 7.91x | 26.97x |
| Employee | 3.18x | 6.79x | 18.50x |
| Total | 2.46x | 9.59x | 127.00x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 5,889.90 | 5,968.44 | 6,696.66 | 6,291.00 |
| Expense | 5,751.70 | 5,838.39 | 6,486.67 | 6,074.51 |
| Profit (PAT) | 104.51 | 838.56 | 155.04 | 162.39 |
| Total Assets | 3,351.66 | 2,194.41 | 2,815.86 | 3,650.58 |
Peer Comparison
| Company | EPS | P/E |
|---|---|---|
| Pondy Oxides and Chemicals Limited | 13.60 | 82.70 |
| Gravita India Limited | 45.11 | 39.76 |
| Baheti Recycling Industries Limited | 17.37 | 32.69 |
| Jain Resource Recycling Limited | 7.11 | 76.20 |
Promoters & Holding Pattern
Promoters: Mohan Agarwal, Pratibha Agarwal, Akshay Agarwal and Raghav Agarwal
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 21,90,55,489 | 86.95% |
| Promoter Holding Post Issue | 21,90,55,489 | 84.00% |
Strengths & Risks
- Heavily oversubscribed — 127.0x overall (so far).
- Strong institutional (QIB) demand — 270.5x.
- Strong return on equity — 31%.
- Thin profit margin — 2.3%.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About CMR Green Technologies
CMR Green Technologies Limited, founded in 2006, is one of the leading companies that recycles non-ferrous metals and produces secondary aluminium and zinc die-casting alloys. Basically, the company is involved in the recycling of aluminium alloys (as ingots and in liquid form), zinc alloy ingots, and furnace-ready scrap of metals like stainless steel, copper, brass, zinc, lead, and magnesium. Along with non-ferrous metals, the firm also offers aluminium billets serving automotive and non-automotive sectors. Honda Cars India Limited, Bajaj Auto Limited, Hero MotoCorp Limited, Royal Enfield Motors Limited, and India Yamaha Motor Private Limited are the major OEM customers of the company. Moreover, the company runs a total of 13 recycling units currently. The firm includes 760 permanent employees and 3,796 contractual workmen.
Company Contact Information
CMR Green Technologies Ltd., 7th Floor,, Tower 2, L & T Business Park,, 12/4 Delhi, Mathura Road,, Faridabad, Haryana, 121003
Resources & Documents
Anchor Investors
CMR Green Technologies IPO - Quick Take
CMR Green Technologies has set a price band of Rs 182–Rs 192 per share for an issue size of Rs 631 crore. The stock listed with a 43.44% gain versus its issue price on June 10, 2026.
The issue is promoted by Mohan Agarwal, Pratibha Agarwal, Akshay Agarwal and Raghav Agarwal with Equirus Capital Pvt. Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd. acting as lead manager.
On fundamentals, the company is posting revenue growth of 12.2%, a profit margin of 2.3%, return on equity of 31.1% in its most recent reported period. Listed peers in this segment include Pondy Oxides and Chemicals Limited (P/E 82.70x) and Gravita India Limited (P/E 39.76x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
CMR Green Technologies IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 34.4%. Of the 23 Mainboard IPOs we have tracked with a final GMP of 25% or more, 23 listed above, 0 flat and 0 below the issue price; CMR Green Technologies listed 43.4% above its issue price.
See the full CMR Green Technologies GMP history and trend, or learn how grey market premium works and how reliable it is.
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