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CMR Green Technologies IPO: 10 key points to consider before ₹631 crore offer opening

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox
By Kamal Joshi

2 min read | Updated on June 01, 2026, 16:09 IST

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SUMMARY

CMR Green Technologies IPO: The ₹630.88 crore offer is exclusively an offer for sale (OFS) of 3.29 crore shares. There is no fresh issue component.

CMR Green Technologies is non-ferrous metal recycler and secondary aluminium market. | Image: cmr.co.in

CMR Green Technologies is non-ferrous metal recycler and secondary aluminium market. | Image: cmr.co.in

CMR Green Technologies IPO: The initial public offering of non-ferrous metal recycler CMR Green Technologies will hit the primary market on Wednesday, June 3. The price band has been fixed at ₹182 to ₹192 per share.

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The company's shares will make their debut on the NSE and the BSE on June 10.

CMR Green Technologies IPO: 10 key points to know

  1. CMR Green Technologies IPO subscription period: The issue will be open from June 3 to June 5.
  2. Anchor investors' bidding: The bidding for anchor investors will take place on Tuesday, June 2.
  3. IPO offer structure: The ₹630.88 crore offer is exclusively an offer for sale of 3.29 crore shares. There is no fresh issue component.
  4. Objectives: As there is no fresh issuance of shares, the company will not get any proceeds from the issue. The money will go to selling shareholders. Under the OFS, those offloading their stake include Gauri Shankar Agarwala HUF, Mohan Agarwal HUF, Mohan Agarwal, and investor Global Scrap Processors.
  5. CMR Green Technologies IPO price band: The price range has been set at ₹182 to ₹192 per unit.
  6. Reservation: The company has reserved half of the net issue for qualified institutional buyers (QIBs), 35% for retail individual investors, and 15% for non-institutional investors (NIIs).
  7. CMR Green Technologies IPO lot size: The minimum investment for a retail investor is 78 shares.
  8. Book-running lead manager and registrar: Equirus Capital, ICICI Securities and Motilal Oswal Investment Advisors are the book-running lead managers, while KFin Technologies is the registrar for the issue.
  9. CMR Green Technologies IPO allotment date: The basis of allotment is likely to be finalised on June 8.
  10. CMR Green Technologies IPO listing date: The listing on the stock exchanges will occur on June 10.

CMR Green Technologies IPO GMP

According to investorgain.com and media reports, CMR Green Technologies' unlisted shares were trading at ₹234 per share, reflecting a grey market premium (GMP) of 21.88% over the upper price band of ₹192.

Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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