CMR Green Technologies IPO Details
CMR Green Technologies IPO Summary

CMR Green Technologies IPO opens for subscription on 03 Jun 2026 and closes on 05 Jun 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 10 Jun 2026.
CMR Green Technologies IPO price band has been fixed at ₹182 – ₹192 per share. The face value is ₹2 per share with a lot size of 78.
CMR Green Technologies IPO total issue size comprises 3,28,58,323 shares (aggregating up to ₹630.88 Cr). Offer for Sale consists of 3,28,58,323 shares (aggregating up to ₹630.88 Cr). Pre-issue shareholding stands at 21,90,55,489, which will increase to 21,90,55,489 post-issue.
CMR Green Technologies IPO carries a ₹66.5 (34.64%) GMP, reflecting investor sentiment.
CMR Green Technologies IPO Lot Size :Retail Minimum is 1 lot (78 shares) amounting to ₹14,976. Retail Maximum is 13 lots (1,014 shares) amounting to ₹194,688. SHNI Minimum is 14 lots (1,092 shares) amounting to ₹209,664. SHNI Maximum is 66 lots (5,148 shares) amounting to ₹988,416. BHNI Minimum is 67 lots (5,226 shares) amounting to ₹1,003,392.
CMR Green Technologies IPO Details
CMR Green Technologies IPO Subscription
CMR Green Technologies IPO Application Wise Breakup (Approx)
CMR Green Technologies IPO Dates
- 03 Jun 2026Opening dateOpen
- 05 Jun 2026Closing dateClose
- 08 Jun 2026Allotment Date Allotment
- 09 Jun 2026Initiation of RefundsRefund
- 09 Jun 2026Credit of SharesCredit
- 10 Jun 2026Listing dateListing
CMR Green Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 78 | ₹14,976 |
| Retail Maximum | 13 | 1014 | ₹194,688 |
| SHNI Minimum | 14 | 1092 | ₹209,664 |
| SHNI Maximum | 66 | 5148 | ₹988,416 |
| BHNI Minimum | 67 | 5226 | ₹1,003,392 |
CMR Green Technologies IPO Reservation
Promoter Holding
Documents
CMR Green Technologies IPO Valuations
CMR Green Technologies Financial Information
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 3,650.58 | 2,815.86 | 2,194.41 | 3,351.66 |
| Total Income | 6,291.00 | 6,696.66 | 5,968.44 | 5,889.00 |
| 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 and Surplus | 1,464.64 | 1,328.84 | 1,187.99 | 2,064.76 |
| Total Borrowing | 1,303.22 | 894.03 | 498.65 | 368.19 |
| Amount in ₹ Crore | ||||
About CMR Green Technologies IPO
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.
Strength Of CMR Green Technologies IPO
- 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.
- Key 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.
- Our facilities, technology, quality processes and engineering expertise.
- Experienced and qualified management team with people focused culture.
- Environment friendly business supported by green technologies and processes with focus on ESG.
Risk Of CMR Green Technologies IPO
- We depend on a limited number of customers for significant portions of our revenues. For December 31, 2025, 20.93% of our consolidated revenue from operations was derived from our top 3 customers, and 32.53% was contributed by our top 5 customers. The loss of one or more of our top customers or significant reduction in production and sales of, or demand for our production from our significant customers may adversely affect our business, financial condition, result of operations and cash flows.
- We derive a substantial portion of our revenue from the sale of key products such as liquid aluminium alloys and aluminium alloy ingots which contribute 81.85%, 78.42%, 76.95% and 73.13% of our revenue from operations excluding export incentives, government subsidy/ other incentive for the nine months period ended December 31, 2025, Fiscal 2025, Fiscal 2024 and Fiscal 2023 respectively and any loss of sales due to reduction in demand for these products could adversely affect our business, financial condition, results of operations and cash flows. In addition, we may not be able to diversify into new product lines which may adversely affect our business, revenue from operations, cash flows and financial condition.
- We have experienced losses amounting to Rs.8,382.25 million in the Fiscal 2024 and we may continue to incur losses in the future which could have an adverse effect on our business, results of operations and cash flows.
- We have experienced negative cash flows from operating activities in previous Fiscals/ period where our operating cash flows reduced by 224.16% in Fiscal 2024 to Fiscal 2025 and we cannot assure you that we will not experience negative cash flows in future periods. Negative cash flows may adversely affect our financial condition, results of operations and prospects.
- We have an outstanding proceeding initiated by Enforcement Directorate, Mumbai.
- Conflicts of interest may arise out of common business objects shared by our Company and some of our Group Companies. Additionally, our Promoters may have in the past been associated with other companies which may have similar names and may be in the same line of business as that of our Company.
- Our Statutory Auditors have included certain matters of emphasis in connection with the Companies (Auditor's Report) Order, 2020 in the examination report issued in respect of the Restated Consolidated Financial Statements.
- CCIIPL, CMRC and KAPL which have been identified as a group company of the Company and CCIIPL and CMRC which have been identified as a joint venture of the Company in terms of the SEBI ICDR Regulations, have not provided information or any confirmations or undertakings pertaining to itself that are required to be disclosed in relation to a company identified as a group company and/or joint venture in this Red Herring Prospectus.
- As on December 31, 2025, we had total borrowings comprising non-current borrowings and current borrowings aggregating to Rs.13,032.17 million, on a consolidated basis. Our indebtedness and the conditions and restrictions imposed on us by our financing agreements could adversely affect our ability to conduct our business.
- There is outstanding litigation against our Company, our Subsidiaries, our Directors, our Promoters, our KMPs and SMPs, which if determined adversely, could affect our business, cash flows and results of operations.
Objectives CMR Green Technologies IPO
1. BRLM’s fees and commissions (including underwriting commission)
2. Commission/ processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs
3. Fees payable to the Registrar to the Offer
4. Fees payable to the other advisors to the Offer
5. Statutory Auditors, for issuing the Restated Consolidated Financial Information, for providing the statement of special direct and indirect tax benefits available to our Company and to our Shareholders, Material Subsidiaries and to verify the details and provided certifications with respect to certain information included in the DRHP
6. Independent chartered engineer, in respect of the installed capacity, production and capacity utilization of the manufacturing operations of our Company
7. Industry Report provider for preparing the industry report, commissioned and paid for by our Company
8. Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses
9. Printing and distribution of issue stationery
10. Advertising and marketing expenses
11. Fee payable to legal counsels
12. Miscellaneous
Company Contact Details
CMR Green Technologies Ltd.
7th Floor,
Tower 2, L & T Business Park,
12/4 Delhi, Mathura Road,
Faridabad, Haryana, 121003
Phone: +91 129 4223050
Email: complianceofficer@cmr.co.in
Website: http://www.cmr.co.in/
Registrar Contact Details
CMR Green Technologies FAQs
The CMR Green Technologies IPO is a MAINBOARD public issue comprising 32858323 equity shares with a face value of ₹2 each, aggregating to a total issue size of ₹630.88 Cr. The issue price has been fixed at ₹192 per equity share, and the minimum application size is 78 shares.
The IPO opens for subscription on 03 Jun 2026, and closes on 05 Jun 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹66.5 (34.64%).

