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IPO Listed — 10 Jun 2026

Listing Price: ₹268 (+39.58% vs ₹192)

View GMP History →
CMR Green Technologies

CMR Green Technologies IPO Review

CMR Green Technologies IPO has been reviewed by 16 analysts, and the overall consensus is Strong Apply — carrying a score of 89. Out of the 16 analysts who have covered this IPO, 11 recommend subscribing while 5 advise caution or avoidance — reflecting a mixed view from the analyst community.

The issue is priced in the band of ₹182-192 per share , with a minimum application size of 78 shares (minimum investment of approximately ₹14,976 at the upper band) . Subscription ran from 03 Jun 2026 to 05 Jun 2026. As of now, the grey market premium (GMP) for CMR Green Technologies IPO is quoting at ₹67 (35%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

General Review

CMR Green Technologies is described in the notes as a leader in non-ferrous metal recycling, particularly recycled aluminium. Revenue was ₹6,696.66 crore in FY25 and ₹6,291 crore for the nine months to December 2025. Coverage leaned clearly positive: eleven of the eighteen analysts said subscribe, three stayed neutral and two advised caution.

Listing Gains

Valuation estimates vary widely, from about 19.7 to 29.5 times depending on whether FY25 or annualised FY26 earnings are used, with most clustering near 21 to 27 times on a ₹192 upper band. Several analysts call this attractive against peers, and one explicitly recommended subscribing for listing gains.

Short Term Strategy

EBITDA was broadly stable at ₹328.62 crore in FY25 and ₹316.62 crore for the nine months to December 2025, on annualised earnings of about ₹9.01 per share. Recycling margins move with metal prices, so the notes treat near-term earnings as steady rather than fast-growing.

Long Term Strategy

The long-term case in the notes is the recycling market itself. Analysts cite the recycled aluminium market expanding at about 13.2 percent CAGR to roughly 3.71 million tonnes by FY2030, and argue the company is structurally positioned to capture that. Several frame their subscribe calls as medium to long term.

Disclaimer: This review is an AI summary derived from the reviews of all analysts.

Table of Contents

Analyst Sentiment

Analytical Score

How it's calculated?
Strong Apply
89 / 100

Recommend Subscribe

Based on 16 analyst reviews

11 / 16

Higher consensus indicates broader analyst agreement.

Analyst Review

Analyst Verdict View
Canara Bank Securities
Canara Bank Securities
Apply
Arihant Capital
Arihant Capital
Apply
Adroit Financial Services
Adroit Financial Services
Apply
Anand Rathi
Anand Rathi
Apply
GEPL Capital
GEPL Capital
Apply
BP Equities
BP Equities
Apply
SBI Securities
SBI Securities
Apply
SMIFS Limited
SMIFS Limited
Apply
Sushil Finance
Sushil Finance
Neutral
DRChoksey Finserv
DRChoksey Finserv
Apply
Kantilal Chhaganlal Securities
Kantilal Chhaganlal Securities
Apply
Ventura Securities
Ventura Securities
Apply
EquiVision
EquiVision
May Apply
Swastika Investmart
Swastika Investmart
Neutral
Axis Capital
Axis Capital
Not Rated
Bajaj finance pvt ltd
Bajaj finance pvt ltd
Not Rated
Pioneer Investcorp
Pioneer Investcorp
Neutral
Master Capital
Master Capital
May Apply

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Frequently Asked Questions

Should I apply for CMR Green Technologies IPO?

Based on analyst coverage tracked on this page, the overall verdict for CMR Green Technologies IPO is Strong Apply. Out of 16 analysts who have reviewed this IPO, 11 recommend subscribing. Always cross-check with the full analyst reviews below and consult a SEBI-registered advisor before making any investment decision.

What does the score of 89 mean for CMR Green Technologies IPO?

The score of 89 is an aggregate of all analyst ratings tracked for CMR Green Technologies IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Scroll down to read individual analyst verdicts for more context.

What was the actual listing price of CMR Green Technologies IPO?

CMR Green Technologies IPO listed on June 10, 2026 at ₹268 , against the issue price of ₹192 — a gain of +39.58% (₹76 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of CMR Green Technologies IPO?

CMR Green Technologies IPO was priced at ₹182-192 per share. The minimum lot size is 78 shares, making the minimum investment approximately ₹14,976 at the upper end of the price band. Subscription ran from 03 Jun 2026 to 05 Jun 2026.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.