CMR Green Technologies Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹182 - ₹192
- Lot size
- 78 shares
- Issue amount
- ₹630.62 cr
- Total subscription
- 127.04×
- Opens
- 3 Jun 2026
- Closes
- 5 Jun 2026
- Allotment
- 8 Jun 2026
- Listing
- 10 Jun 2026
Offer at a glance
Issue overview
- Issue size
- 3,28,58,323 shares
- Face value
- ₹2 Per Share
- Minimum investment
- ₹14,196
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹630.62 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,976
- Issue type
- Bookbuilding IPO
- Shares before issue
- 21,90,55,489
- Shares after issue
- 21,90,55,489
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 78 | ₹14,976 |
| sHNI | 14 | 1,092 | ₹2,09,664 |
| bHNI | 67 | 5,226 | ₹10,03,392 |
Share reservation
Subscription & GMP
Subscription by category
Reported 5 Jun 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 2,996 | 1,13,263 |
| HNIs (2-10L) | 1,498 | 1,99,951 |
| RETAIL | 1,46,796 | 29,97,831 |
| Employee | 0 | 19,229 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 125.62 | 33,976.54 |
| FIIs | 0 | 8,037.16 |
| FIs | 0 | 14,721.67 |
| Mutual Funds | 0 | 2,353.86 |
| Others | 0 | 8,863.85 |
| RETAIL | 219.84 | 5,943.15 |
| HNIs 2+ | 31.41 | 4,478.91 |
| HNIs 10+ | 62.81 | 11,759.14 |
| EMPLOYEES | 2.76 | 51.13 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 6.76 | 6.5 | -38.32 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 24.92 | 31.08 | -265.9 |
| PRE IPO(PE) | 0 | 27.13 | 0 |
| POST IPO(PE) | 19.42 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Pondy Oxides and Chemicals Limited | 62.64 | 0 | 5 | 210.82 | 9.79 | 22.03 |
| Gravita India Limited | 37.36 | 0 | 2 | 280.44 | 15.12 | 45.11 |
| Baheti Recycling Industries Limited | 34.59 | 0 | 10 | 57.02 | 30.46 | 17.37 |
| Jain Resource Recycling Limited | 76.2 | 0 | 2 | 22.44 | 30.55 | 7.11 |
| CMR Green Technologies Limited | 27.13 | 0 | 2 | 20.93 | 31.08 | 6.5 |
Company information
Company profile
Incorporated in 2006, CMR Green Technologies Limited is a non-ferrous metal recycling company operating in the secondary aluminium market, with a focus on aluminium and zinc die-casting alloys. The company manufactures recycled aluminium alloys in ingot and liquid form, zinc alloy ingots, aluminium billets, and furnace-ready scrap of metals such as copper, brass, zinc, lead, magnesium and stainless steel, serving both automotive and non-automotive industries. Its customers include leading OEMs and Tier-1 automotive component manufacturers like Honda Cars India, Bajaj Auto, Hero MotoCorp, Royal Enfield, Maruti Suzuki, Endurance Technologies and Jindal Stainless. As of June 30, 2025, the company employed 760 permanent staff along with 3,796 contractual workers.
Strengths
- Strong Presence in Metal Recycling Business: Focuses on recycling and manufacturing non-ferrous metal products, benefiting from growing sustainability trends.
- Diverse Industry Exposure: Supplies recycled metal products to automotive, electrical, and industrial sectors, reducing dependency on a single segment.
- Growing Demand for Sustainable Materials: Increasing preference for recycled and environmentally friendly materials supports long-term growth opportunities.
Risk factors
- Raw Material Price Volatility: Fluctuations in scrap and metal prices can directly impact margins and profitability.
- Working Capital Intensive: Requires continuous investment in raw material procurement, inventory, and operations.
- Dependence on Industrial Demand: Business performance is closely linked to manufacturing and automotive sector cycles.
Promoters
Mohan Agarwal
Pratibha Agarwal
Akshay Agarwal
Raghav Agarwal
Registrar & documents
Lead manager
Equirus Capital Private Limited, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
7th Floor, Tower 2, L & T Business Park, 12/4 Delhi, Mathura Road, Faridabad, Haryana, 121003
+91 129 4223050
[email protected]Company website ↗Understanding CMRGREEN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.