📋 CMR Green Technologies Ltd IPO 2026 — Date, Price Band, GMP & Allotment
CMR Green Technologies Ltd IPO is a mainboard book-built issue opening on 3 June 2026 and closing on 5 June 2026. The company is raising ₹630.88 Crore entirely through an Offer for Sale (OFS) of 3,28,58,323 equity shares at a price band of ₹182–₹192 per share. The CMR Green Technologies IPO allotment is scheduled for 8 June 2026 and shares are expected to list on both NSE and BSE on 10 June 2026. The IPO is currently showing a GMP of ₹24 — implying a potential 12.5% listing premium. Check all 2026 IPOs on IPOView.
🏢 About CMR Green Technologies Ltd — Company Overview
Originally incorporated as Grand Metal Industries Private Limited in 2005, CMR Green Technologies Ltd is India's leading non-ferrous metal recycler — specializing in processing and manufacturing secondary aluminium alloys (in both ingot and liquid forms), zinc alloy ingots, aluminium billets, and furnace-ready scrap of copper, brass, stainless steel, magnesium, and lead.
The company is a critical enabler of India's aluminium industry's decarbonization — recycled aluminium requires only 5% of the energy needed to produce primary aluminium from bauxite ore. CMR Green's customer base reads like a who's who of Indian automotive manufacturing — including Bajaj Auto, Hero MotoCorp, Honda Cars India, Royal Enfield Motors, Rockman Industries, Endurance Technologies, and Craftsman Automation. With ₹6,696.66 Crore revenue in FY25 and PAT of ₹155.04 Crore — a dramatic turnaround from a ₹838.56 Crore loss in FY24 — the company commands a market cap of approximately ₹4,205 Crore.
📊 CMR Green Technologies IPO Details at a Glance
🔹 Exchange: NSE and BSE (Mainboard)
🔹 Issue Type: Book Built Mainboard IPO (100% OFS)
🔹 Price Band: ₹182 – ₹192 per share
🔹 Face Value: ₹2 per share
🔹 Lot Size: 78 shares
🔹 Minimum Retail Investment: ₹14,976 (1 lot = 78 shares at ₹192)
🔹 Issue Size: ₹630.88 Crore (100% OFS)
🔹 QIB Quota: 50% | NII: 15% | Retail: 35%
🔹 Employee Reservation: ₹25 Crore (at ₹18 discount)
🔹 Lead Managers: Equirus Capital, ICICI Securities, Motilal Oswal
🔹 Registrar: Kfin Technologies Ltd.
🔹 Anchor Date: 2 June 2026
🔹 FY25 Revenue: ₹6,696.66 Crore | FY25 PAT: ₹155.04 Crore
🔹 Market Cap: ~₹4,205 Crore
🔹 GMP Today: ₹24 (+12.5%) — Check live on IPOView
📅 CMR Green Technologies IPO Timeline — Important Dates
🗓️ Anchor Investor Date: 2 June 2026 (Monday)
🗓️ IPO Open Date: 3 June 2026 (Tuesday)
🗓️ IPO Close Date: 5 June 2026 (Thursday)
🗓️ Allotment Date: 8 June 2026 (Monday)
🗓️ Demat Credit: 9 June 2026 (Tuesday)
🗓️ Listing Date: 10 June 2026 (Wednesday) — NSE & BSE
📈 CMR Green Technologies IPO GMP Today
The CMR Green Technologies IPO GMP today stands at ₹24 above the issue price of ₹192 — implying an expected listing price of approximately ₹216 and a potential listing gain of 12.5%. Track live CMR Green GMP updates on IPOView. Check all 2026 IPO GMP on IPOView.
✅ CMR Green Technologies IPO — Strengths
✔️ ₹6,697 Crore Revenue — Substantial Large-Cap Scale: CMR Green Technologies is a genuinely large business — its revenue scale of ₹6,697 Crore in FY25 positions it as a significant player in India's industrial materials sector with the operational depth to serve major automotive OEMs consistently.
✔️ India's Green Economy and Circular Economy Positioning: Recycled aluminium requires only 5% of the energy of primary production — placing CMR Green Technologies at the heart of India's circular economy and green manufacturing transition, a sector receiving increasing policy support and ESG investment focus.
✔️ Blue-Chip Automotive Customer Base: Supplying to Bajaj Auto, Hero MotoCorp, Honda Cars, and Royal Enfield provides CMR Green with long-term, sticky revenue from India's most creditworthy manufacturing companies.
✔️ Dramatic Financial Turnaround: Moving from a ₹838.56 Crore loss in FY24 to ₹155.04 Crore PAT in FY25 represents a remarkable financial turnaround — demonstrating management's ability to restructure operations and restore profitability at scale.
✔️ GMP of ₹24 — Positive Listing Signal: The ₹24 GMP implies ~12.5% listing gains — a positive and credible signal given the company's fundamentals and mainboard listing profile for CMR Green Technologies.
⚠️ CMR Green Technologies IPO — Risks
❌ 100% OFS — No Capital to Company: The entire ₹630.88 Crore raised goes to selling shareholders including promoters Mohan Agarwal and investor Global Scrap Processors — CMR Green Technologies receives zero IPO proceeds for business investment.
❌ Recent Massive Loss in FY24: A ₹838.56 Crore loss in FY24 raises questions about what triggered such a large impairment or write-off — and whether the FY25 profit recovery is structurally sustainable or a one-time normalization for CMR Green.
❌ Aluminium Scrap Price Volatility: As a recycler, CMR Green Technologies is exposed to both aluminium scrap input costs and finished alloy pricing — both of which are driven by global LME metal prices, creating margin volatility that is largely outside management control.
🎯 Should You Apply for CMR Green Technologies IPO?
CMR Green Technologies IPO is compelling for investors who believe in India's circular economy story and are comfortable with the 100% OFS structure. The large revenue scale, blue-chip auto customer base, GMP of ₹24, and green metal recycling positioning create a credible investment thesis. However, the massive FY24 loss, 100% OFS, and aluminium price exposure require careful evaluation. Best suited for a medium-term investment of 18–24 months. Check all upcoming IPOs in 2026 on IPOView.
🔍 Conclusion
Track CMR Green Technologies IPO GMP, subscription status, allotment date and listing price on IPOView. Also check all upcoming 2026 IPOs on IPOView.