CMR Green Technologies IPO Details

Bookbuilding IPO | ₹631 Cr | Listing at BSE, NSE | Wed, Jun 3, 2026 - Fri, Jun 5, 2026 P

CMR Green Technologies IPO Logo

CMR Green Technologies IPO is a book build issue of ₹630.88 crores. The issue is entirely an offer for sale of 3.29 crore shares of ₹630.88 crore.

CMR Green Technologies IPO bidding opened for subscription on Jun 3, 2026 and will close on Jun 5, 2026. The allotment for the CMR Green Technologies IPO is expected to be finalized on Jun 8, 2026. CMR Green Technologies IPO will list on NSE and BSE with a tentative listing date fixed as Jun 10, 2026.

CMR Green Technologies IPO is set final issue price at ₹192 per share. The lot size for an application is 78 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,976 (78 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,092 shares), amounting to ₹2,09,664, and for bNII, it is 67 lots (5,226 shares), amounting to ₹10,03,392.

The issue includes a reservation of up to 1,43,678 shares for employees offered at a discount of ₹18.00 to the issue price.

Equirus Capital Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Refer to CMR Green Technologies IPO RHP for detailed Information.

IPO Open

Wed, Jun 3, 2026

IPO Close

Fri, Jun 5, 2026

Issue Price

₹192 per share

Market Cap (Pre-IPO)

₹4,205.87 Cr

IPO Details

IPO Date3 to 5 Jun, 2026
Listing DateWed, Jun 10, 2026T
Face Value2 per share
Price Band₹182 to ₹192
Issue Price₹192 per share
Lot Size78 Shares
Sale TypeOFS only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Employee Discount18.00

Total Issue Size3,28,58,323 shares
(agg. up to ₹631 Cr)
Offer for Sale3,28,58,323 shares of ₹2
(agg. up to ₹631 Cr)
Share Holding Pre Issue21,90,55,489 shares
Share Holding Post Issue21,90,55,489 shares

IPO Timetable (Tentative)

Issue 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.

Investor Category Shares Offered % of Net Issue% of Total Issue Max Allottees
QIB Shares Offered 1,63,57,32250.00%49.78%NA
  − Anchor Investor Shares Offered 98,14,39329.87%NA
  − QIB (Ex. Anchor) Shares Offered 65,42,92919.91%NA
NII (HNI) Shares Offered 49,07,19715.00%14.93%NA
  − bNII > ₹10L 32,71,4649.96%2,995
  − sNII < ₹10L 16,35,7324.98%1,497
Retail Shares Offered 1,14,50,12635.00%34.85%1,46,796
Preferential Reservations
Employee Shares Offered 1,43,6780.44%NA
Total Shares Offered 3,28,58,323100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 78 shares and in multiples thereof. 

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
IPO Subscription Details

IPO Anchor Investors

CMR Green Technologies IPO raises ₹188.44 crore from anchor investors. CMR Green Technologies IPO Anchor bid date is June 2, 2026.
📝 Anchor Investors Letter (PDF)

Bid DateTue, Jun 2, 2026
Shares Offered98,14,393
Anchor Portion (₹ Cr.)188.44
Anchor lock-in period end date for 50% shares (30 Days)Thu, Jul 30, 2026
Anchor lock-in period end date for remaining shares (90 Days)Mon, Sep 28, 2026

Investor Category Reservations

CategoryLimitCut-off
RIIUp to ₹2 LakhsYes
sNII₹2 Lakhs – ₹10 LakhsNo
bNIIAbove ₹10 LakhsNo
Employee (EMP)Up to ₹5 LakhsYes
Employee + RII/NIIUp to ₹5Lakhs (EMP) + RII/NII limitsYes (EMP/RII)

About CMR Green Technologies Ltd.

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

Company Financials (Restated Consolidated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets3,650.582,815.862,194.413,351.66
Total Income6,291.006,696.665,968.445,889.00
Profit After Tax162.39155.04-838.56104.51
EBITDA316.62328.62-705.98229.26
NET Worth594.18458.38317.541,195.19
Reserves and Surplus1,464.641,328.841,187.992,064.76
Total Borrowing1,303.22894.03498.65368.19
Amount in ₹ Crore

Recently Listed IPOs in Diversified Metals

Company Issue Type Issue Size Issue Price Listing Day Close Listing Gain/Loss % LTP
Jain Resource Recycling Ltd. Mainboard ₹1,250.00 Cr ₹232 ₹318.06 +37.09% ₹344.00 (-3.75%)

Key Performance Indicator (KPI)

KPIDec 31, 2025Mar 31, 2025
ROE0.10%0.11%
ROCE9.30%11.04%
Debt/Equity0.760.59
RoNW24.92%31.08%
PAT Margin2.59%2.32%
EBITDA Margin5.17%4.56%
Price to Book Value9.17
Pre IPOPost IPO
EPS (₹)7.089.88
P/E (x)27.1319.42
Promoter Holding86.95%84%
Market Cap4,205.87 Cr.
Mohan Agarwal, Pratibha Agarwal, Akshay Agarwal and Raghav Agarwal.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
CGTL is one of the leading non-ferrous metal recyclers enjoying highest market share in secondary aluminium market. It has the largest capacities among the industry players and enjoys most preferred partner status. The company marked losses for FY24 following adjustments of exceptional item. It posted growth in its top lines for the reported periods. The issue appears fully priced based on its recent financial data. Investors can park funds for medium to long term.
Read detail review...

CMR Green Technologies IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers8250
Members0000

IPO Subscription Status

The CMR Green Technologies IPO is subscribed 127.07 times on June 5, 2026 6:54:51 PM (Day 3). The public issue subscribed 27.08 times in the retail category, 270.46 times in the QIB category, and 172.35 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for
QIB (Ex Anchor)270.4665,42,9291,76,96,11,272
NII 172.3549,07,19784,57,31,614
    bNII (> ₹10L)187.2132,71,46461,24,55,064
    sNII (< ₹10L)142.6116,35,73223,32,76,550
Retail27.081,14,50,12631,01,19,420
Employee18.531,43,67826,62,842
Total127.072,30,43,9302,92,81,25,148

Total Applications: 33,77,379

IPO Registrar

Kfin Technologies Ltd.

Contact Details

CMR Green Technologies Ltd. Address
7th Floor,
Tower 2, L & T Business Park,
12/4 Delhi, Mathura Road,
Faridabad, Haryana, 121003
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IPO FAQs

CMR Green Technologies IPO is a main-board IPO of 3,28,58,323 equity shares of the face value of ₹2 aggregating up to ₹631 Crores. The issue is priced at ₹192 per share. The minimum order quantity is 78.

The IPO opens on Wed, Jun 3, 2026, and closes on Fri, Jun 5, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in CMR Green Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in CMR Green Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in CMR Green Technologies IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'CMR Green Technologies IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The CMR Green Technologies IPO opens on Wed, Jun 3, 2026 and closes on Fri, Jun 5, 2026.

CMR Green Technologies IPO lot size is 78, and the minimum amount required for application is ₹14,976.

You can apply in CMR Green Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for CMR Green Technologies IPO will be done on Monday, June 8, 2026, and the allotted shares will be credited to your demat account by Tue, Jun 9, 2026. Check the CMR Green Technologies IPO allotment status.

The CMR Green Technologies IPO listing date is not yet announced. The tentative date of listing is Wed, Jun 10, 2026.

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