CMR Green Technologies IPO

Get the latest CMR Green Technologies IPO details, including issue information, financial performance, company overview, strengths, risks, subscription status, GMP updates, allotment, listing details, and expert IPO analysis.

Upcoming 630.62 BSE, NSE
Issue size 3,28,58,323 Price band ₹182 – ₹192Face value 2Lot size 78 sharesUpdated Aug 4, 2026

CMR Green Technologies IPO Details

CMR Green Technologies IPO bidding started from Jun 3, 2026 and ended on Jun 5, 2026. The allotment for CMR Green Technologies IPO was finalized on Jun 8, 2026. The shares got listed on NSE and BSE on Jun 10, 2026.

IPO Open Date
Jun 3, 2026
IPO Close Date
Jun 5, 2026
Price Band
₹182 – ₹192
Face Value
2
Lot Size
78 Shares
Listing Date
Jun 10, 2026
Total Issue Size
3,28,58,323
Fresh Issue
Offer for Sale
3,28,58,323
Issue Type
630.62
Min Investment
₹14,976
Registrar

CMR Green Technologies IPO Timeline (Tentative)

The IPO timeline provides the important milestones associated with the CMR Green Technologies IPO, including the issue opening and closing dates, basis of allotment, refunds, credit of shares to investors' demat accounts, and the proposed listing schedule. These dates will be updated after the company files the Red Herring Prospectus with the final offer details.

EventTentative Date
IPO Open DateWed, Jun 3, 2026
IPO Close DateFri, Jun 5, 2026
Basis of AllotmentMon, Jun 8, 2026
Initiation of RefundsTue, Jun 9, 2026
Credit of Shares to DematTue, Jun 9, 2026
Listing DateWed, Jun 10, 2026
IPO OpensJun 3, 2026
IPO ClosesJun 5, 2026
Basis of AllotmentJun 8, 2026
Refund InitiationJun 9, 2026
Shares Credited to DematJun 9, 2026
Listing DateJun 10, 2026

CMR Green Technologies IPO Lot Size

The lot size specifies the minimum number of equity shares that investors can apply for in the IPO. The final lot size and minimum investment amount will be announced along with the price band before the issue opens.

ApplicationLotsSharesAmount (₹)
Retail (Minimum)17814,976
Retail (Maximum)131,0141,94,688
S-HNI (Min)141,0922,09,664
S-HNI (Max)665,1489,88,416
B-HNI (Min)675,22610,03,392

CMR Green Technologies IPO Reservation

CMR Green Technologies IPO comprises a total issue size of 3,28,58,323 shares. The net offer to the public is 3,27,14,645 shares, after excluding 1,43,678 shares under a preferential allotment. Of the Net offer 1,63,57,322 (50.00%) are allocated to QIB, 49,07,197 (15.00%) allocated to NII 1,14,50,126 (35.00%) allocated to RII.

QIB 50% NII 15% Retail 35%

CMR Green Technologies IPO Subscription

The subscription status indicates investor participation across Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and other eligible categories during the IPO bidding period. These figures will be updated on a real-time basis once the public issue opens.

CategorySubscription (times)
QIBTo be Updated
NIITo be Updated
RetailTo be Updated
EmployeeTo be Updated
TotalTo be Updated

About CMR Green Technologies

Incorporated in 2006, CMR Green Technologies Limited is  non-ferrous metal recycler and secondary aluminium market, specializing in aluminium and zinc die-casting alloys.

The company manufacture recycled aluminium alloys (in ingot and liquid form), zinc alloy ingots and segregated furnace ready scrap of stainless steel, copper, brass, zinc, lead and magnesium, amongst others.

The company also produces aluminium billets that cater to both automotive and non-automotive sectors.

The company serves major OEMs and Tier-1 automotive component manufacturers such as Honda Cars IndiaBajaj AutoHero MotoCorpRoyal EnfieldEndurance TechnologiesMaruti Suzuki, and Jindal Stainless.

Products:

  • Aluminium ingots
  • Liquid Metal
  • Aluminium billets
  • Copper scrap
  • Brass scrap

As on December 31, 2025, the company have 784 permanent employees and 3,956 contractual workmen.

Competitive Strengths

  • Leading recycler in the domestic aluminium recycling industry in India with significant entry barriers, also positioned as a critical enabler of the aluminium industry’s decarbonization imperative.
  • Leading supplier of liquid aluminium alloy
  • Strong and diversified supplier base for sourcing raw materials
  • Long-standing relationships with our customers
  • Strategic alliances through joint ventures
  • Facilities, technology, quality processes and engineering expertise

Strengths

  • One of India's leading non-ferrous metal recycling companies with a strong position in the secondary aluminium market.
  • Extensive manufacturing network with recycling facilities strategically located across major automotive and industrial hubs in India.
  • Long-standing relationships with leading automotive OEMs and component manufacturers.
  • Diversified portfolio of recycled aluminium alloys, zinc alloys, liquid aluminium, extrusion billets, and other value-added metal products.
  • Strong sourcing capabilities supported by a diversified global supplier network spanning multiple countries.
  • Integrated recycling operations with advanced manufacturing processes and technical expertise.
  • Strategic joint ventures and subsidiaries that strengthen manufacturing capabilities and market reach.
  • Well-positioned to benefit from the increasing adoption of recycled aluminium and sustainability-driven demand across industries.

Risks to Consider

  • A significant portion of revenue is derived from a limited number of customers, and the loss of key customers could adversely affect business performance.
  • The business depends on the continuous availability of aluminium scrap and other raw materials, and disruptions in sourcing or price volatility may impact profitability.
  • Operations are closely linked to the automotive industry, making the company vulnerable to slowdowns in vehicle production or demand.
  • International procurement exposes the company to foreign exchange fluctuations, logistics disruptions, and global supply chain risks.
  • The metal recycling industry is highly competitive, requiring continuous investment in technology, capacity expansion, and operational efficiency.
  • Environmental, safety, and regulatory compliance requirements may increase operating costs or affect manufacturing operations.
  • Changes in government policies, import regulations, or recycling standards could impact business performance.
  • Investors should carefully review all risk factors disclosed in the Draft Red Herring Prospectus before making an investment decision.

KPIs & Valuation

The following key performance indicators and valuation metrics provide insights into CMR Green Technologies Limited's profitability, operational efficiency, capital structure, and overall financial health. These metrics help investors evaluate the company's financial performance and valuation before making an investment decision. The values should be based on the Restated Financial Information and other disclosures contained in the Draft Red Herring Prospectus.

ROE
0.10
ROCE
9.30
RoNW
24.92
PAT Margin
2.59
EBITDA Margin
5.17
Debt-to-Equity Ratio
0.76
EPS
7.08
P/E Ratio
27.13
NAV
27.12
Pre-IPO EPS
7.08
Post-IPO EPS
9.88
Pre-IPO P/E
27.13
Post-IPO P/E
19.42

Objects of the Issue

As disclosed in the Draft Red Herring Prospectus, the proposed public issue consists entirely of an Offer for Sale (OFS) by the existing selling shareholders. Investors should understand the structure of the offer and its implications before investing.

  • The IPO is entirely an Offer for Sale by the Selling Shareholders.
  • The Company will not receive any proceeds from the Offer.
  • The net proceeds from the Offer for Sale will be received by the respective Selling Shareholders after deducting applicable offer-related expenses and taxes, in accordance with the terms of the offer.

Promoters, Lead Managers & Registrar

The Promoters, Book Running Lead Managers (BRLMs), and Registrar play a vital role in the successful execution of the IPO. The Promoters have been instrumental in establishing and expanding the company's business, while the BRLMs are responsible for managing the public issue, coordinating regulatory compliance, and overseeing the book-building process. The Registrar manages IPO applications, the basis of allotment, refunds, and the credit of equity shares to successful applicants. Investors should review the details of these key participants to better understand the parties involved in the public offering.

Promoters

The Promoters, Book Running Lead Managers (BRLMs), and Registrar play a vital role in the successful execution of the IPO. The Promoters have been instrumental in establishing and expanding the company's business, while the BRLMs are responsible for managing the public issue, coordinating regulatory compliance, and overseeing the book-building process. The Registrar manages IPO applications, the basis of allotment, refunds, and the credit of equity shares to successful applicants. Investors should review the details of these key participants to better understand the parties involved in the public offering.

Lead Managers (BRLM)

Equirus Capital Ltd. (Past IPO Performance)ICICI Securities Ltd. (Past IPO Performance)Motilal Oswal Investment Advisors Ltd. (Past IPO Performance)Lead Manager ReportsLead Manager Performance SummaryLead Manager Performance Tracker

CMR Green Technologies IPO Review

CMR Green Technologies Limited is a leading metal recycling company with an established presence in recycled aluminium manufacturing and value-added metal solutions. The company benefits from a nationwide manufacturing footprint, long-standing customer relationships, and strong operational capabilities across the metal recycling value chain.

Its diversified customer base, integrated recycling operations, strategic joint ventures, and focus on sustainability position it well for long-term growth. However, investors should also consider factors such as fluctuations in metal prices, dependence on the automotive sector, raw material availability, regulatory changes, and the risks disclosed in the Draft Red Herring Prospectus before making an investment decision.

As the proposed IPO is entirely an Offer for Sale, investors should evaluate the company's financial performance, valuation, and business fundamentals in addition to overall market conditions before investing.

How to Apply

You can apply for the CMR Green Technologies IPO through any of the following methods:

  1. Log in to your internet banking account and apply using the ASBA (Application Supported by Blocked Amount) facility provided by your bank.
  2. Retail investors can also submit their IPO application through a SEBI-registered stockbroker using the UPI-based application process.
  3. Enter the required IPO details, including the bid price, bid quantity, and investor information.
  4. Approve the UPI mandate or complete the ASBA authorization before the specified deadline.
  5. Submit the application before the IPO closing date and retain the application number or acknowledgment for future reference.
  6. After the basis of allotment is finalized, successful applicants will receive the allotted equity shares in their demat accounts, while the blocked funds for unsuccessful or partially successful applications will be released in accordance with the applicable process.

Last updated Aug 4, 2026.

Frequently Asked Questions

CMR Green Technologies Limited is engaged in metal recycling and manufactures recycled aluminium alloys and value-added metal products for automotive and industrial applications.

According to the Draft Red Herring Prospectus, the proposed IPO consists entirely of an Offer for Sale (OFS).

No. Since the IPO is entirely an Offer for Sale, the company will not receive any proceeds from the issue.

The official DRHP, RHP, and Prospectus (when available) can be accessed through the Prospectus / Documents section.

The company primarily serves the automotive, manufacturing, and industrial sectors through its recycled metal products.