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