CMR Green Technologies: Check IPO Date, Live Subscription and Key Details
CMR Green Technologies Limited, incorporated in 2006, is one of India's leading non-ferrous metal recyclers and a dominant player in the secondary aluminium industry. The company specializes in manufacturing high-quality aluminium and zinc die-casting alloys in both ingot and liquid metal form, alongside aluminium billets for automotive and non-automotive industrial segments. Positioned as a critical enabler of the manufacturing sector's decarbonization imperative, the company serves as a strategic supplier to premier blue-chip OEMs and Tier-1 auto component giants, including Maruti Suzuki, Bajaj Auto, Hero MotoCorp, Honda Cars India, Royal Enfield, and Jindal Stainless.
Price Range
₹182.0 - ₹192.0
Issue Size
₹630.88 Cr
Lot Size
78 shares
IPO Type
Mainboard
GMP
₹67(+34.90%)
Est. Listing Price
₹259
Estimate Profit
₹5,226
Retail Portion
35.00%
Key Metrics
Check Live GMPGMPFace Value
₹2
EPS
9.88
P/E Ratio
19.42
RoNW
31.08%
ROE
0.11%
Debt to Equity
0.59
Advertisement
Timeline
IPO Opens
3 Jun
IPO Closes
5 Jun
Allotment
8 Jun
Listing
10 Jun
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 3 June 2026 | Subscription starts |
| IPO Close Date | 5 June 2026 | Subscription ends |
| Allotment Date | 8 June 2026 | Allotment |
| Listing Date | 10 June 2026 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,976 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,94,688 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,09,664 |
SHNI (Max)Below ₹10,00,000 | 66 | ₹9,88,416 |
BHNIAbove ₹10,00,000 | 67 | ₹10,03,392 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50.00% |
| NII (Non-Institutional Investor) | 15.00% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.00% |
| Retail | 35.00% |
| Total | 100.00% |
IPO Objectives
- The IPO is entirely an Offer for Sale (OFS) of 3,28,58,323 equity shares by the existing promoter and investor selling shareholders. The company will not receive any direct capital proceeds from the issue.
- To achieve the benefits of listing the equity shares on the stock exchanges (BSE and NSE) to enhance brand visibility and provide liquidity to shareholders.
Strengths
- The company commands a Market Leadership Position as one of India's largest non-ferrous metal recycling platforms, holding peak market share within the secondary aluminium landscape.
- It serves as a critical Decarbonization Enabler, optimally positioned to benefit from structural automotive transitions as a provider of low-carbon, recycled alloys that assist OEMs in meeting ESG targets.
- The business is a pioneer in Liquid Metal Delivery Capabilities, supplying molten liquid aluminium directly to manufacturing lines via specialized insulated transport to drastically reduce casting re-melting costs for major clients.
- It maintains Deep Institutional Linkages, leveraging long-standing, high-volume supply networks with prominent Tier-1 auto manufacturers and elite automotive engineering groups.
- The firm utilizes an Advanced Technology Infrastructure, operating scaled, state-of-the-art smelting and automated alloy sorting infrastructure to back efficient capacity utilization metrics.
Weaknesses
- The public issue is structured as a Pure Offer for Sale (OFS) of ₹630.88 Cr, consisting entirely of shares sold by existing shareholders, which results in 0% fresh capital infusion into the core business operations.
- The company shows Vulnerability to Exceptional Items, having recorded a deep consolidated net loss of -₹838.56 Cr in FY24 due to significant adjustments on exceptional accounts, indicating notable historical bottom-line volatility.
- It faces High Cyclical Sector Exposure, being deeply reliant on the domestic and international automotive production cycles, where any widespread slowdown in vehicle manufacturing directly impacts raw consumption demand.
- The business carries an Expanding Debt Sizing, with total outstanding borrowings growing sharply to ₹1,303.22 Cr as of late 2025, putting upward pressure on corporate interest servicing and cash flow pipelines.
Advertisement
Financial Performance
| Period Ended | 31 Dec 2025 (9M) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 3,650.58 | 2,815.86 | 2,194.41 | 3,351.66 |
| Revenue (₹ Cr.) | 6,291 | 6,696.66 | 5,968.44 | 5,889 |
| PAT (₹ Cr.) | 162.39 | 155.04 | -838.56 | 104.51 |
| Net Worth (₹ Cr.) | 594.18 | 458.38 | 317.54 | 1,195.19 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| CMR Green Technologies Ltd. | 9.17 | 19.42 | 0.11% | 594.18 |
| Jain Resource Recycling Ltd. | 8.26 | 37.1 | 22.25% | 725.02 |
| Baheti Recycling Industries Ltd. | 6.58 | 22.76 | 28.89% | 59.11 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.03x | 3.45x | 270.46x |
| NII | 5.68x | 21.85x | 172.35x |
| S-HNI | 6.24x | 24x | 142.61x |
| B-HNI | 5.39x | 20.77x | 187.21x |
| RII | 2.47x | 8.01x | 27.08x |
| EMP | 3.19x | 6.89x | 18.53x |
| Total | 2.46x | 9.66x | 127.07x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 65,42,929 | 1,76,96,11,272 | 33,976.54 |
| NII | 49,07,197 | 84,57,31,614 | 16,238.05 |
| Small NII | 16,35,732 | 23,32,76,550 | 4,478.91 |
| Big NII | 32,71,464 | 61,24,55,064 | 11,759.14 |
| RII | 1,14,50,126 | 31,01,19,420 | 5,954.29 |
| EMP | 1,43,678 | 26,62,842 | 51.13 |
| Total | 2,30,43,930 | 2,92,81,25,148 | 56,220 |
Advertisement
Company Details
- CMR Green Technologies Ltd.
- 7th Floor, Tower 2, L & T Business Park, 12/4 Delhi, Mathura Road, Faridabad, Haryana, 121003
- +91 129 4223050
- complianceofficer@cmr.co.in
- https://www.cmr.co.in/
Registrar Details
- Kfin Technologies Ltd.
- 04067162222, 04079611000
- cmr.ipo@kfintech.com
- https://ipostatus.kfintech.com/
Frequently Asked Questions
What does CMR Green Technologies do?
CMR Green Technologies is a metal recycling company that processes non-ferrous scrap into secondary aluminium alloys, liquid aluminium, and zinc alloys for automotive and industrial customers.
What are the IPO dates for CMR Green Technologies IPO?
The CMR Green Technologies IPO will open for subscription on June 3, 2026, and close on June 5, 2026.
What is the price band and minimum investment for CMR Green Technologies IPO?
The IPO price band is fixed at ₹182 to ₹192 per share. Retail investors need to apply for a minimum of 1 lot (78 shares), requiring an investment of ₹14,976 at the upper price band.
What is the Grey Market Premium (GMP) of CMR Green Technologies IPO today?
As of May 31, 2026, the Grey Market Premium (GMP) of CMR Green Technologies IPO is around ₹35 per share, indicating an estimated listing price of about ₹227.
Is there any employee discount in CMR Green Technologies IPO?
Yes, eligible employees applying under the employee reservation category will receive a discount of ₹18 per share on the final IPO price.
Where will CMR Green Technologies IPO be listed?
CMR Green Technologies IPO is proposed to be listed on both BSE and NSE, with the tentative listing date set for June 10, 2026.
Loading comments...