CMR Green Technologies IPO Day 3: Check GMP, Subscription Status & Key Highlights
The ₹630.88 crore CMR Green Technologies IPO entered its final day of subscription on June 5, 2026. The issue continued to attract strong investor interest, with the public offering subscribed 11.59 times as of 11:00 AM. Meanwhile, the grey market premium (GMP) was reported at around ₹70 per share.
Investors can bid for the issue until the close of subscription on June 5, 2026. Allotment is expected to be finalised on June 8, 2026, with the tentative listing on the BSE and NSE set for 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): Aggregating 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 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 Day 3 Subscription Status
[June 5, 2026, 11:00 AM]
|
Category |
Subscription (times) |
|
Qualified Institutional Buyers (QIBs) |
0.42x |
|
Non-Institutional Investors (NIIs) |
36.65x |
|
Retail Individual Investors (RIIs) |
7.30x |
|
Employees |
6.82x |
|
Total |
11.59x |
CMR Green Technologies IPO GMP Today
According to media reports, the Grey Market Premium (GMP) for the CMR Green Technologies IPO was ₹70 per share on June 5, 2026.
About CMR Green Technologies Limited
Established in 2006, CMR Green Technologies Limited is a leading entity in the non-ferrous metal recycling sector. The company concentrates on manufacturing recycled aluminium and zinc alloy products tailored for the secondary aluminium market. Its diverse product line comprises aluminium alloys, zinc alloy ingots, aluminium billets, and furnace-ready scrap, all designed to meet a range of industrial requirements.
The company primarily serves the automotive sector, supporting a client list that includes prominent original equipment manufacturers (OEMs) and Tier-1 component producers. Among its significant clients are Maruti Suzuki, Royal Enfield, Hero MotoCorp, Honda Cars India, Jindal Stainless, Bajaj Auto, and Endurance Technologies.
CMR Green Technologies’ revenue from operations rose to ₹6,666 crore in FY25 from ₹5,952 crore in FY24. During the same period, EBITDA saw a notable recovery, shifting from a loss of ₹705 crore in FY24 to a profit of ₹328 crore in FY25, resulting in an EBITDA margin of 4.56%. Similarly, profit after tax (PAT) rebounded to ₹155 crore in FY25, compared to a net loss of ₹838 crore recorded in the previous fiscal year.
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