CMR Green Technologies IPO
CMR Green Technologies IPO — date, price band, GMP & allotment 2026
CMR Green Technologies IPO is scheduled to open for subscription from 3 June 2026 to 5 June 2026. Incorporated in 2005, CMR Green Technologies is one of India’s leading non-ferrous metal recycling companies, engaged in manufacturing recycled aluminium alloys, aluminium billets, zinc alloy ingots and other value-added metal products. The company primarily serves automotive OEMs and industrial customers through its recycling-based business model. It has a strong manufacturing and distribution presence across India and is a key supplier to major automobile and engineering companies.
Stock price
CMR Green Technologies is listed — here is the live share price.
Timetable
Key dates from opening to listing. Today is 13 September.
- Open 03 Jun 2026
- Close 05 Jun 2026
- Allotment 08 Jun 2026
- Refund/credit 09 Jun 2026
- Listing 10 Jun 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 3 to 5 Jun, 2026 |
|---|---|
| Price Band | ₹182 – ₹192 |
| Face Value | ₹2 |
| Lot Size | 78 Shares |
| Issue Size | ₹631 Cr |
| Sale Type | Bookbuilding IPO |
| Listing On | BSE, NSE |
| Employee Discount | Rs 18.00 per share |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,976 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 78 shares at the ₹192 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 78 | ₹14,976 |
| Retail (max) | 13 | 1,014 | ₹1,94,688 |
| S-HNI (min) | 14 | 1,092 | ₹2,09,664 |
| S-HNI (max) | 66 | 5,148 | ₹9,88,416 |
| B-HNI (min) | 67 | 5,226 | ₹10,03,392 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Leading player in India’s non-ferrous metal recycling industry.
- 02Strong customer base comprising major automotive OEMs and manufacturers.
- 03Environment-friendly business model aligned with sustainability trends.
- 04Multiple manufacturing facilities providing wide geographic reach.
- 05Experienced management team with long industry track record.
Risks · 5
- 01Revenue heavily dependent on the automotive sector's performance.
- 02Fluctuations in metal scrap and commodity prices can impact margins.
- 03Intense competition from organized and unorganized recyclers.
- 04Dependence on continuous availability of quality scrap materials.
- 05Regulatory and environmental compliance requirements may increase costs.
Three years of numbers
All figures in ₹ crore, as reported in the CMR Green Technologies offer document.
| Metric | Dec 31, 2025 | Mar 31, 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 6,291.00 | 6,696.66 | 5,968.44 |
| EBITDA | 316.62 | 328.62 | -705.98 |
| Net Profit | 162.39 | 155.04 | -838.56 |
| Debt | 1,303.22 | 894.03 | 498.65 |
| Assets | 3,650.58 | 2,815.86 | 2,815.86 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the CMR Green Technologies RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
CMR Green Technologies IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹7.08 | ₹9.88 |
| P/E Ratio (x) | 27.13 | 19.42 |
| Market Cap at Offer Price (₹ Cr) | ₹4,206.00 | ₹5,283.62 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹192 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
How the company intends to use the proceeds of the issue.
About the company
The company manufactures a wide range of products including recycled aluminium alloys, aluminium billets, zinc alloy ingots, and other value-added metal products. Its business model is based on sourcing metal scrap, processing it through advanced recycling technologies, and supplying finished products to OEMs and industrial customers. With multiple manufacturing facilities across India, CMR Green Technologies serves sectors such as automotive, electrical, consumer durables, and engineering, benefiting from increasing demand for sustainable and cost-efficient metal solutions.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
+91 129 4223050
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Equirus Capital Pvt.Ltd.
5 issues handledBest listing: Lalithaa Jewellery Mart (+31.8%). Weakest: Omnitech Engineering (-9.7%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of CMR Green Technologies?
The current Grey Market Premium is ₹67, or 35% over the issue price.
What is the CMR Green Technologies IPO price band?
₹182 to ₹192, on a face value of ₹2.
When is the allotment?
The basis of allotment is 8 June 2026, with listing on 10 June 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.