IPO details · Updated
CMR Green Technologies Limited
- Price Band
- ₹182 – ₹192
- Lot Size
- 78 shares
- Min. Investment
- ₹14,976
- Issue Size
- ₹630.62 Cr
- Offer Dates
- 3 Jun – 5 Jun 2026
- Listing
- 10 Jun 2026
Issue Details
- Total Issue Size
- ₹630.62 Cr
- 3,28,58,323 shares
- Fresh Issue
- ₹0 Cr
- Offer for Sale
- ₹630.62 Cr
- 3,28,58,323 shares
- Face Value
- ₹2 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 21,90,55,489
- Shares Post-Issue
- 21,90,55,489
IPO Timeline
Offer opens
3 Jun 2026
Offer closes
5 Jun 2026
Allotment
8 Jun 2026
Listing
10 Jun 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor29.9%98,14,393 shares
- QIB19.9%65,42,929 shares
- HNI14.9%49,07,197 shares
- Retail34.8%1,14,50,126 shares
- Employee0.4%1,43,678 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 65,42,929 | 1,76,96,11,272 | 270.46x |
| NII | 49,07,197 | 84,57,31,614 | 172.35x |
| Retail | 1,14,50,126 | 30,95,38,866 | 27.03x |
| Employee | 1,43,678 | 26,62,842 | 18.53x |
| Total | 2,30,43,930 | 2,92,75,44,594 | 127.04x |
Lot Size & Investment
1 lot = 78 shares
Retail (min)
1 lot · 78 shares
Retail (max)
13 lots · 1,014 shares
S-HNI (min)
14 lots · 1,092 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 78 | ₹14,976 |
| Small HNI (S-HNI) | 14 | 1,092 | ₹2,09,664 |
| Big HNI (B-HNI) | 67 | 5,226 | ₹10,03,392 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 3,650.58 | 2,815.86 | 2,194.41 | 3,351.66 |
| Total Income | 6,291 | 6,696.66 | 5,968.44 | 5,889 |
| Profit After Tax | 162.39 | 155.04 | -838.56 | 104.51 |
| EBITDA | 316.62 | 328.62 | -705.98 | 229.26 |
| Net Worth | 594.18 | 458.38 | 317.54 | 1,195.19 |
| Reserves & Surplus | 1,464.64 | 1,328.84 | 1,187.99 | 2,064.76 |
| Total Borrowing | 1,303.22 | 894.03 | 498.65 | 368.19 |
Key Performance Indicators
| Period | Dec-25 | Mar-25 |
|---|---|---|
| RoNW (%) | 24.92 | 31.08 |
| EPS (₹) | — | 7.08 |
| P/E (pre-issue) | — | 27.13 |
| P/E (post-issue) | — | 19.42 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Pondy Oxides and Chemicals Ltd. | 62.64 | 9.79% |
| Gravita India Ltd. | 37.36 | 15.12% |
| Baheti Recycling Industries Ltd. | 34.59 | 30.46% |
| Jain Resource Recycling Ltd. | 76.2 | 30.55% |
About CMR Green Technologies Limited
Incorporated in 2006, CMR Green Technologies Limited is non-ferrous metal recycler and secondary aluminium market, specializing in aluminium and zinc die-casting alloys. The company manufacture recycled aluminium alloys (in ingot and liquid form), zinc alloy ingots and segregated furnace ready scrap of stainless steel, copper, brass, zinc, lead and magnesium, amongst others. The company also produces aluminium billets that cater to both automotive and non-automotive sectors. The company serves major OEMs and Tier-1 automotive component manufacturers such as Honda Cars India , Bajaj Auto , Hero MotoCorp , Royal Enfield , Endurance Technologies , Maruti Suzuki , and Jindal Stainless . Products: Aluminium ingots Liquid Metal Aluminium billets Copper scrap Brass scrap As on December 31, 2025, the company have 784 permanent employees and 3,956 contractual workmen. Competitive Strengths Leading recycler in the domestic aluminium recycling industry in India with significant entry barriers, also positioned as a critical enabler of the aluminium industry’s decarbonization imperative. Leading supplier of liquid aluminium alloy Strong and diversified supplier base for sourcing raw materials Long-standing relationships with our customers Strategic alliances through joint ventures Facilities, technology, quality processes and engineering expertise
Promoters
- Mohan Agarwal
- Pratibha Agarwal
- Akshay Agarwal
- Raghav Agarwal
Company Information
- Book running lead managers
- Equirus Capital Ltd.
- ICICI Securities Ltd.
- Motilal Oswal Investment Advisors Ltd.
- Registered office
- 7th Floor, Tower 2, L & T Business Park, 12/4, Matrura Road, Faridabad, Haryana, 121003
Official Documents
Opens the source filing in a new tab
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