CMR Green Technologies IPO Day 1: Check GMP, Subscription Status & Key Highlights

03 June 2026
2 min read
CMR Green Technologies IPO Day 1: Check GMP, Subscription Status & Key Highlights
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The ₹630.88 crore CMR Green Technologies IPO opened for subscription today, June 3, 2026, with a price band of ₹182-192 per share. As of 10:15 AM on Day 1, the issue was subscribed 0.09 times, while the grey market premium (GMP) stood at around ₹63 per share.

CMR Green Technologies Limited is one of India’s leading metal recycling companies that manufactures recycled aluminium and zinc alloy products. The company primarily caters to the automotive sector and promotes sustainable metal recycling through its nationwide manufacturing network.

The issue will remain open until June 5. The basis of allotment is expected to be finalised on June 8, 2026, and the shares are tentatively scheduled to list on the NSE and BSE on June 10, 2026.

CMR Green Technologies IPO - Issue Details

  • Issue Type: Book Building IPO
  • Total Issue size: Up to 3.29 crore equity shares 
  • Offer for sale (OFS): Agg up to ₹630.88 crore
  • Face Value: ₹ 2 per equity share
  • Price Band: ₹182 to ₹192 per share
  • Lot Size: 78 shares
  • Listing: NSE, BSE
  • Book Building Lead Managers: Equirus Capital Limited, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited. 
  • Registrar: KFin Technologies Limited 

Explore other Upcoming IPOs on BSE and NSE.

CMR Green Technologies IPO Day 1 Subscription Status

[June 3, 2026, 10:15 AM]

Category 

Subscription (x times)

Qualified Institutional Buyers (QIBs)

-

Non-Institutional Investors (NIIs)

0.22x

Retail Individual Investors (RIIs)

0.08x

Total 

0.09x

CMR Green Technologies IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event

Tentative Date

IPO Opens

June 3, 2026

IPO Closes

June 5, 2026

Basis of Allotment

June 8, 2026

Initiation of Refunds

June 9, 2026

Credit of Shares to Demat Accounts

June 9, 2026

Listing on BSE and NSE

June 10, 2026

Note - The allotment and listing dates are tentative and may be revised

CMR Green Technologies IPO GMP Today

According to media reports, the Grey Market Premium (GMP) of CMR Green Technologies IPO is ₹63 per share today. 

About CMR Green Technologies Limited

Established in 2006, CMR Green Technologies Limited is a leading non-ferrous metal recycling company that produces recycled aluminium and zinc alloy products. The company operates in the secondary aluminium market and manufactures aluminium alloys, zinc alloy ingots, aluminium billets, and furnace-ready scrap materials, catering to diverse industrial applications.

CMR Green Technologies primarily serves the automotive sector and counts several leading OEMs and Tier-1 component manufacturers among its customers, including Hero MotoCorp, Maruti Suzuki, Honda Cars India, Bajaj Auto, Jindal Stainless, Endurance Technologies, and Royal Enfield.

For the nine months ended December 31, 2025, the company reported revenue from operations of ₹6,275.5 crore, EBITDA of ₹324.4 crore and PAT of ₹162.4 crore

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