CMR Green Technologies IPO
Price band
₹182 – ₹192
Lot size
78 shares
Min investment
₹14,976
Issue size
₹630.88 Cr
IPO schedule
| Open date | 3 Jun 2026 |
| Close date | 5 Jun 2026 |
| UPI mandate cut-off | 5 Jun 2026 |
| Allotment finalisation | 8 Jun 2026 |
| Refund initiation | 9 Jun 2026 |
| Shares credited to demat | 9 Jun 2026 |
| Listing date | 10 Jun 2026 |
| Mandate end date | 20 Jun 2026 |
| Anchor lock-in (50%) | 7 Jul 2026 |
| Anchor lock-in (remaining) | 5 Sept 2026 |
Issue size
Grey Market Premium (GMP)
GMP is an unofficial, unregulated indicator and not a reliable predictor of listing price. Source: IPO Watch.
About CMR Green Technologies
CMR Green Technologies Limited is a non-ferrous metal recycling company engaged in processing, manufacturing and selling recycled aluminium alloys in ingot and liquid form, zinc alloy ingots, aluminium billets, dross, and segregated furnace-ready scrap of metals such as stainless steel, copper, brass, zinc, lead and magnesium. The company generates revenue primarily from the sale of these recycled metal products, with a significant presence in the automotive sector, particularly in aluminium cast alloys. It operates a network of recycling and manufacturing facilities across India and supplies products to customers located in major automotive and industrial clusters. The company also recycles used beverage can scrap and converts metal waste into value-added products, supporting circular resource use. According to the RHP, it is among the largest aluminium recyclers by installed capacity and has joint ventures with global partners, which support its manufacturing and recycling operations.
Strengths
- Leading non-ferrous metal recycler in India by installed capacity, with the highest revenue market share in the secondary aluminium market as of FY2025.
- Strong position in liquid aluminium alloy supply, supported by specialised infrastructure and long operating experience.
- Wide manufacturing footprint across India, serving customers in major automotive and industrial clusters.
- Diverse product portfolio including recycled aluminium alloys, zinc alloys, aluminium billets, dross and recycled metal scrap.
- Strategic joint ventures with global Japanese partners, strengthening its manufacturing and recycling capabilities.
Risks
- A significant portion of revenue comes from a limited number of customers, and losing key customers could impact the business.
- The company has limited diversification across products and customers, increasing dependence on certain revenue streams.
- The business is exposed to fluctuations in raw material prices and foreign exchange rates due to imported scrap purchases.
- The company operates in a competitive recycled metals industry, and failure to compete effectively could affect performance.
- The company enters into related-party transactions, and there is no assurance that such transactions are always on the most favourable terms available.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.