CMR Green Technologies IPO opens on 3 June 2026 with a price band of ₹182–₹192 per share. Check the latest GMP, IPO dates, lot size, financial performance, peer comparison, and key details.
CMR Green Technologies IPO: CMR Green Technologies is set to launch its IPO and the company has filed a Red Herring Prospectus (RHP) with SEBI for an issue size of ₹630.88 crore. The public issue is completely an Offer for Sale (OFS), which means the company will not receive any fresh funds from the IPO. Here are the key dates and important details investors should know about the upcoming IPO in 2026.
Founded in 2006, CMR Green Technologies is one of India's leading non-ferrous metal recycling companies. It recycles aluminium, zinc, copper, brass, stainless steel, and other non-ferrous metals to produce value-added products such as aluminium alloys, zinc alloys, aluminium billets, and metal scrap.
The company supplies its products to major automobile manufacturers and auto component companies, including Maruti Suzuki, Bajaj Auto, Hero MotoCorp, Honda Cars India, Royal Enfield, and Endurance Technologies.
With recycling facilities across India, CMR Green Technologies plays an important role in converting metal waste into reusable raw materials, supporting sustainable manufacturing and the circular economy.
CMR Green Technologies’s IPO is worth ₹630.88 cr and is entirely an offer for sale.
CMR Green Technologies’s IPO will open for subscription on 3 June 2026 and close on 5 June 2026. And the price band is set between ₹182-₹192.
CMR Green Technologies’s allotment is likely to take place on 8 June 2026, and the shares are expected to be listed on BSE and NSE on 10 Jun 2026.
Promoters currently hold 86.95%, which will come down after IPO listing to 84%. The company’s market cap stands at around ₹4,205.87 crore.
Kfin Technologies will be the registrar for CMR Green IPO.
|
Parameter |
Detail |
|
IPO Open Date |
3 June 2026 |
|
IPO Close Date |
5 June 2026 |
|
Expected Listing Date |
10 June 2026 (BSE & NSE) |
|
Price Band |
₹182 – ₹192 per share |
|
Lot Size |
78 shares |
|
Minimum Investment |
₹14,196 |
|
Fresh Issue |
Nil |
|
Offer for Sale (OFS) |
₹630.88 crore |
|
Total Issue Size |
₹630.88 crore |
CMR Green Technologies IPO GMP today (30 May 2026) is ₹27.5 per share, indicating an estimated premium of around 14.32% over the upper end of the IPO price band in the grey market. However, GMP fluctuates daily depending on investor sentiment, subscription demand, and overall market conditions.
Investors should remember grey market operates outside the regulatory framework of SEBI. As a result, GMP should be viewed only as an indicator of current market expectations and not as a reliable predictor of listing performance or future returns.
GMP figures are for news purposes only. GMP data is sourced from various media houses. We neither trade in the grey market nor recommend trading based on GMP trends.
For CMR Green Technologies IPO, 35% of the issue has been reserved for retail investors. The table below shows the allocation across different investor categories.
|
Investor Category |
Shares Offered |
|
QIB Investors |
50% |
|
Retail Investors |
35% |
|
NII (HNI) Investors |
15% |
Retail investors can apply for a minimum of 1 lot, which includes 78 shares costing ₹14,976. The maximum investment allowed for retail investors is 13 lots, which totals 1,014 shares and costs ₹194,688.
|
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 |
CMR Green Technologies reported a PAT of ₹155 crore in FY25, compared with a net loss of ₹839 crore in FY24. Over the last three years, the company's profitability and PAT margins have seen fluctuations, detailed financials are provided in the table below.
|
Period Ended |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Revenue from Ops (₹ Cr) |
66,66.48 |
59,52.44 |
58,68.50 |
|
Total Income (₹ Cr) |
6,696.66 |
5,968.44 |
5,889.85 |
|
EBITDA (₹ Cr) |
303.72 |
217.40 |
207.01 |
|
EBITDA Margin (%) |
4.56% |
3.65% |
3.53% |
|
PAT (₹ Cr) |
1,55.04 |
-838.56 |
104.51 |
|
PAT Margin (%) |
2.32 |
(14.05) |
1.77 |
|
ROE (%) |
0.11 |
0.47 |
0.05 |
|
ROCE (%) |
11.04 |
0.10 |
13.28 |
|
Debt-to-Equity Ratio |
0.59 |
0.36 |
0.16 |
Source: CMR Green Technologies RHP
CMR Green Technologies has poor EPS compared to its peers. Higher EPS is always considered better. Below is a brief comparison of CMR Green Technologies.
|
Company |
Total Income (₹ Cr) 31 March 2025 |
EPS (Diluted, ₹)31 March 2025 |
P/E as on 12 May2026 |
|
CMR Green Technologies |
66,96.66 |
6.50 |
- |
|
Jain Resource Recycling |
64,65.44 |
7.11 |
76.20 |
|
Baheti Recycling Industries |
5,24.54 |
17.37 |
34.59 |
|
Gravita India |
39,80.61 |
45.11 |
37.36 |
|
Pondy Oxides and Chemicals |
20,59.16 |
21.08 |
62.64 |
Source: RHP
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CMR Green Technologies IPO will open for subscription from 3 June to 5 June 2026 with a price band of ₹182–₹192 per share. The ₹630.88 crore issue is entirely an Offer for Sale (OFS). Investors can check financials, subscription status, and allotment updates before applying. Shares are expected to be listed on BSE and NSE on 10 June 2026.