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  5. CMR Green Technologies share price: Stock lists at 40% premium on NSE; here's how much investors made

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CMR Green Technologies share price: Stock lists at 40% premium on NSE; here's how much investors made

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

2 min read | Updated on June 10, 2026, 10:06 IST

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SUMMARY

CMR Green Technologies IPO was an offer for sale of equity shares totalling ₹630.88 crore by promoters and an investor selling shareholder. The price range was set at ₹182 to ₹192 per share.

Faridabad-based CMR Green Technologies had raised ₹188.44 crore from anchor investors before IPO. | Image: cmr.co.in

Faridabad-based CMR Green Technologies had raised ₹188.44 crore from anchor investors before IPO. | Image: cmr.co.in

Shares of non-ferrous metal recycler CMR Green Technologies Ltd made a robust debut on the stock exchanges on Wednesday, June 10, 2026.

The stock started trading at ₹268 per share, reflecting a premium of 39.58% over the IPO issue price of ₹192 per share.

On the BSE, it listed at ₹275.40 apiece, up 43.44% from the issue price.

CMR Green Technologies IPO: Here's how much investors made per lot

A lot consisted of 78 shares. Investors who received the CMR Green Technologies IPO allotment made ₹20,904 per lot.
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The initial share sale was subscribed a total of 127.04 times. It secured bids for 2,92,75,44,594 shares compared to 2,30,43,930 equity shares on offer, as per the stock exchanges data.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers65,42,9291,76,96,11,272270.46
Non-Institutional Investors49,07,19784,57,31,614172.35
Retail Investors1,14,50,12630,95,38,86627.03
Total2,30,43,9302,92,75,44,594127.04

CMR Green Technologies IPO was an offer for sale of equity shares totalling ₹630.88 crore by promoters and an investor selling shareholder. The price range was set at ₹182 to ₹192 per share.

Before the IPO, the firm raised ₹188.44 crore from anchor investors, including HDFC Mutual Fund, SBI Mutual Fund, Nippon India Mutual Fund, Kotak Mutual Fund, ICICI Prudential Mutual Fund, Goldman Sachs, 360 One Equity Opportunity Fund, Citigroup Global Markets Mauritius, BNP Paribas, Susquehanna Pacific and Abakkus Growth Fund.

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Faridabad-based CMR Green Technologies Ltd processes and manufactures zinc alloys, aluminium alloys (ingot and liquid), and furnace-ready scrap of lead, stainless steel, copper, brass, and magnesium, among others.

The company operates 13 recycling units across India. Its customer base majorly comprises automotive original equipment manufacturers and Tier-I suppliers.

Its clients include Royal Enfield Motors, Bajaj Auto, Hero MotoCorp, Honda Cars India, Rockman Industries, Craftsman Automation and Endurance Technologies.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox news
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. 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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