CMR Green Technologies IPO

Listed Mainboard
Min Investment
₹14,976
78 Shares
Min Investment
₹14,976 · 78 Shares
Open Jun 03
Close Jun 05
Allotment Jun 08
Refund Jun 09
Listing Jun 10

Market Sentiment

+Rs 66
+34.4%
Est. Listing: Rs 258
Updated: Jun 07, 2026 7:08 am
Subscription Status
QIB
270.46x
NII
172.32x
bNII (>10L)
187.21x
sNII (2-10L)
142.54x
Retail
26.97x
Employee
18.50x
Total
127.00x
Updated: Jun 05, 2026 5:01 pm IST
Analysis Score 83 / 100
Strong Subscribe
Data: 80%
GMP Score 80
Subscription Score 100
Financial Health 57
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹182-192 per equity share
Face Value₹2 Per Equity Share
Lot Size 78 shares (Min ₹14,976)
Total Issue Size ₹631.00 crore
Issue TypeBook Build Issue
Lead ManagerEquirus Capital Pvt. Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd.
RegistrarKfin Technologies Ltd.
Listing atBoth
BSE Code544777
NSE SymbolCMRGREEN
ISININE00WV01027
Listing Price₹275.40
Listing Gain+43.44%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 78 ₹14,976
Retail Maximum 13 1,014 ₹1,94,688
S-HNI Minimum 14 1,092 ₹2,09,664
S-HNI Maximum 66 5,148 ₹9,88,416
B-HNI Minimum 67 5,226 ₹10,03,392
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB65,42,92950.00%
NII (HNI)49,07,19715.00%
bNII > ₹10L32,71,46510.00%
sNII < ₹10L16,35,7325.00%
Retail1,14,50,12635.00%
Employee1,43,678
Anchor98,14,39329.87%
Total3,28,58,323

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

Financial Analysis

Financial Data
ROE
31.08%
NAV/Share
Rs 20.93
Revenue Growth
12.20%
Profit Margin
2.32%
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
Values in Crores (₹)
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

Strengths
  • Heavily oversubscribed — 127.0x overall (so far).
  • Strong institutional (QIB) demand — 270.5x.
  • Strong return on equity — 31%.
Risks & Concerns
  • Thin profit margin — 2.3%.

Auto-generated from live GMP, subscription, valuation and financial data. 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.

Resources & Documents

Anchor Investors
Anchor Bidding Date
June 02, 2026
Shares Offered to Anchors
98,14,393
Lock-in End (30 Days, 50%)
July 30, 2026
Lock-in End (90 Days, 50%)
September 28, 2026
Company Contact Information

CMR Green Technologies Ltd., 7th Floor,, Tower 2, L & T Business Park,, 12/4 Delhi, Mathura Road,, Faridabad, Haryana, 121003

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.

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.

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.

Grey market is quoting a premium of +Rs 66 (+34.4% over issue price), up Rs 33 from the previous session. Final subscription data records overall subscription at 127.00x, retail at 26.97x, QIB at 270.46x, NII at 172.32x.

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 are trading.

Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of CMR Green Technologies IPO is Rs 182 to Rs 192 per share. Face value is Rs 2 per share.

The total issue size of CMR Green Technologies IPO is Rs 631 crore.

Retail investors must apply for a minimum of 1 lot of 78 shares, requiring an investment of Rs 14,976. Maximum retail application is 13 lots (1014 shares, approx Rs 1,94,688).

CMR Green Technologies IPO opens for subscription on June 03, 2026 and closes on June 05, 2026. Anchor investor bidding is scheduled for June 02, 2026.

The expected allotment date for CMR Green Technologies IPO is June 08, 2026. Refunds for unsuccessful applicants are expected on June 09, 2026.

CMR Green Technologies IPO is scheduled to list on June 10, 2026 on both BSE and NSE. BSE script code: 544777, NSE symbol: CMRGREEN, ISIN: INE00WV01027.

The current GMP (Grey Market Premium) of CMR Green Technologies IPO is +Rs 66 (+34.4% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

CMR Green Technologies IPO is currently subscribed 127.00 times overall — retail at 26.97x, QIB at 270.46x, NII at 172.32x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 26.97x for CMR Green Technologies IPO, the estimated retail allotment probability is approximately 4.2%. This is a low probability — approximately 4 out of every 100 retail applications may receive allotment.

The registrar for CMR Green Technologies IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for CMR Green Technologies IPO are Equirus Capital Pvt. Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd..

The promoter(s) of CMR Green Technologies are Mohan Agarwal, Pratibha Agarwal, Akshay Agarwal and Raghav Agarwal.

CMR Green Technologies IPO GMP — What It Means

The latest grey market premium for CMR Green Technologies IPO is ₹66 (+34.4%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For CMR Green Technologies it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

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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