CMR Green Technologies IPO 2026: Metal Recycling Company Plans Growth Amid Rising Sustainability Demand
CMR Green Technologies IPO has gained investor attention as the company plans to expand re...
Read ArticleCMR Green Technologies IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 2 June 2026 | IPO Close Date | 4 June 2026 |
|---|---|---|---|
| Basis of Allotment | 8 June 2026 | Listing Date | 9 June 2026 |
| Price Band | ₹182 - ₹192 per share | Face Value | ₹10 per share |
| Market Lot Size | 78 Shares | Min Investment (Retail) | ₹14,976 |
| Total Issue Size | ₹631 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 2 June 2026 | Confirmed |
| IPO Close Date | 4 June 2026 | Confirmed |
| Basis of Allotment | 8 June 2026 | Tentative |
| Initiation of Refunds | 9 June 2026 | Tentative |
| Credit of Shares to Demat | 9 June 2026 | Tentative |
| IPO Listing Date | 9 June 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 78 Shares | ₹14,976 |
| Retail (Max) | 13 Lots | 1,014 Shares | ₹1,94,688 |
| S-HNI (Min) | 14 Lots | 1,092 Shares | ₹2,09,664 |
| S-HNI (Max) | 66 Lots | 5,148 Shares | ₹9,88,416 |
| B-HNI (Min) | 67 Lots | 5,226 Shares | ₹10,03,392 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 4 Jun 2026 | ₹60 | ₹252.00 | +31.25% |
| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2023 | — | ₹184.81 | ₹154.97 | — |
| 2024 | — | ₹206.45 | ₹175.85 | — |
| 2025 | — | ₹322.58 | ₹261.43 | — |
| Dec 2025 | — | ₹236.50 | ₹186.96 | — |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Powerica Limited | — | 15.26 | — | — | — |
| Cummins India Limited | — | 72.15 | — | — | — |
| Kirloskar Oil Engines Limited | — | 33.71 | — | — | — |
| NTPC Green Energy Limited | — | 0.67 | — | — | — |
| Acme Solar Holdings Limited | — | 4.55 | — | — | — |
| Adani Green Energy Limited | — | 8.37 | — | — | — |
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 98,14,393 Shares | 29.87% |
| QIB (Ex. Anchor) | 65,42,929 Shares | 19.91% |
| NII Shares Offered | 49,07,197 Shares | 14.93% |
| Retail Shares Offered | 1,14,50,126 Shares | 34.85% |
| Particulars | Details |
|---|---|
| Anchor Bidding Date | June 02, 2026 |
| Shares Offered | 98,14,393 Shares |
| Anchor Size | ₹188.44 Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | July 30, 2026 |
| Lock-in Period End Date (50% Shares - 90 Days) | Sep 28, 2026 |
| Particular | Dates |
|---|---|
| IPO Open Date | 03 Jun 2026 |
| IPO Close Date | 05 Jun 2026 |
| Basis of Allotment | 08 Jun 2026 |
| Refunds | 09 Jun 2026 |
| Credit to Demat Account | 09 Jun 2026 |
| IPO Listing Date | 10 Jun 2026 |
Note: The timeline for ಸಿಎಂಆರ್ ಗ್ರೀನ್ ಟೆಕ್ನಾಲಜೀಸ್ IPO is tentative and subject to change.
The promoters of the company are Mohan Agarwal, Pratibha Agarwal, Akshay Agarwal and Raghav Agarwal.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 21,90,55,489 | 86.95% |
| Promoter Holding Post Issue | 21,90,55,489 | 84% |
To Be Updated Soon
CMR Green Technologies Limited, founded in 2006, is one of the leading companies that recycles non-ferrous metals and produces secondary aluminium and zinc die-casting alloys. Basically, the company is involved in the recycling of aluminium alloys (as ingots and in liquid form), zinc alloy ingots, and furnace-ready scrap of metals like stainless steel, copper, brass, zinc, lead, and magnesium.
Along with non-ferrous metals, the firm also offers aluminium billets serving automotive and non-automotive sectors. Honda Cars India Limited, Bajaj Auto Limited, Hero MotoCorp Limited, Royal Enfield Motors Limited, and India Yamaha Motor Private Limited are the major OEM customers of the company. Moreover, the company runs a total of 13 recycling units currently. The firm includes 760 permanent employees and 3,796 contractual workmen.
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹184.81 | ₹154.97 | - | - |
| 2024 | ₹206.45 | ₹175.85 | - | - |
| 2025 | ₹322.58 | ₹261.43 | - | - |
| Dec 2025 | ₹236.50 | ₹186.96 | - | - |
Note: Financial numbers for ಸಿಎಂಆರ್ ಗ್ರೀನ್ ಟೆಕ್ನಾಲಜೀಸ್ are in ₹ Crores unless stated otherwise.
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | -% |
| EBITDA Margin | 4.56% |
| PAT Margin | 2.32% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | 6.50 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 31.08% |
| Net Asset Value (NAV) | 20.93 |
Note: Valuation KPIs for ಸಿಎಂಆರ್ ಗ್ರೀನ್ ಟೆಕ್ನಾಲಜೀಸ್ are computed for FY2026.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Powerica Limited | 15.26 | - | - | - | - |
| Cummins India Limited | 72.15 | - | - | - | - |
| Kirloskar Oil Engines Limited | 33.71 | - | - | - | - |
| NTPC Green Energy Limited | 0.67 | - | - | - | - |
| Acme Solar Holdings Limited | 4.55 | - | - | - | - |
| Adani Green Energy Limited | 8.37 | - | - | - | - |
Note: Peer group comparisons for ಸಿಎಂಆರ್ ಗ್ರೀನ್ ಟೆಕ್ನಾಲಜೀಸ್ are sourced from DRHP filings.
CMR Green Technologies IPO opens for subscription on 2 June 2026 and closes on 4 June 2026.
The price band for CMR Green Technologies IPO is set at ₹182.00 to ₹192.00 per share.
The minimum market lot size is 78 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 78 Shares (₹14,976).
The latest Grey Market Premium (GMP) for CMR Green Technologies IPO is ₹76.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for CMR Green Technologies IPO is tentatively scheduled for 8 June 2026, and shares are expected to list on the stock exchanges on 9 June 2026.
The registrar details will be confirmed in the official prospectus.