CMR Green Technologies IPO Review 2026: Dates, Price Band, GMP, Financials & Should You Apply?

CMR Green Technologies IPO is a book-built issue worth ₹630.88 crore, consisting entirely of an offer for sale of ₹630.88 crore. The IPO opens on June 3, 2026, and closes on June 5, 2026, with tentative listing on BSE and NSE on June 10, 2026.

The IPO is priced in the range of ₹182 to ₹192 per share, with a minimum investment of ₹14,976 for retail investors. CMR Green Technologies Ltd. is a non-ferrous metal recycler and a participant in the secondary aluminium market, specialising in aluminium and zinc die-casting alloys.

Let us understand the CMR Green Technologies IPO in detail.

CMR Green Technologies IPO – Key Details

The following are some of the important and key details about the CMR Green Technologies IPO:

CMR Green Technologies IPO Timeline

The following table explains the tentative IPO schedule.

CMR Green Technologies IPO Lot Size & Investment

The following table shows the minimum and maximum investment required.

About CMR Green Technologies Business Operations

Incorporated in 2006, CMR Green Technologies Ltd. is a non-ferrous metal recycler and secondary aluminium market participant specialising in aluminium and zinc die-casting alloys. The company manufactures:

• Recycled aluminium alloys (ingot and liquid form)
• Zinc alloy ingots
• Segregated furnace-ready scrap of stainless steel
• Copper scrap
• Brass scrap
• Aluminium billets

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
• Jindal Stainless
•  

Product Portfolio of CMR Green Technologies

The following are the major products manufactured by the company:

• Aluminium Ingots: Used across automotive and industrial applications.
• Liquid Metal: Supplied to customers requiring molten aluminium alloy solutions.
• Aluminium Billets: Cater to automotive and non-automotive sectors.
• Copper Scrap: Processed and supplied for industrial use.
• Brass Scrap: Part of the company's diversified recycled metal portfolio.

Workforce & Operations

The following highlights the company’s operational scale:

• 784 permanent employees as of December 31, 2025
• 3,956 contractual workmen as of December 31, 2025
• Presence in aluminium and zinc alloy recycling
• Supplies major OEMs and automotive component manufacturers

Competitive Strengths of CMR Green Technologies

The following are the key strengths of the company:

• Leading recycler in the domestic aluminium recycling industry in India
• Positioned as a critical enabler of aluminium industry decarbonization
• Leading supplier of liquid aluminium alloy
• Strong and diversified supplier base for raw material sourcing
• Long-standing customer relationships
• Strategic alliances through joint ventures
• Established facilities, technology, quality processes and engineering expertise

CMR Green Technologies – Financial Performance

The following table shows restated consolidated financials. (Amount in ₹ Crore)

Key Performance Indicators (KPI)

The following table highlights important valuation and profitability metrics:

IPO Structure

The IPO consists entirely of an offer for sale.

Valuation Snapshot

The following table shows EPS and P/E comparison:

Risks to Consider

Investors should be aware of the following risks:

• Dependence on the availability and sourcing of recyclable raw materials
• Exposure to fluctuations in metal prices
• Dependence on automotive sector customers
• Competitive environment within the metal recycling industry

Summary

CMR Green Technologies Ltd. operates in the non-ferrous metal recycling industry and manufactures recycled aluminium alloys, zinc alloy ingots, aluminium billets, and other recycled metal products. The company serves major automotive OEMs and Tier-1 component manufacturers across India.

The company has established customer relationships, a diversified supplier network, and manufacturing capabilities focused on recycled metal products. It also operates as a supplier of liquid aluminium alloy and aluminium billets, catering to various industries. The IPO is entirely an offer for sale of ₹630.88 crore and is scheduled to list on BSE and NSE on June 10, 2026.

Frequently Asked Questions

What is the CMR Green Technologies IPO?

CMR Green Technologies IPO is a main-board IPO of ₹630.88 crore, consisting entirely of an offer for sale, priced at ₹182–₹192 per share.

When does the CMR Green Technologies IPO open?

CMR Green Technologies IPO opens on June 3, 2026, and closes on June 5, 2026.

What is the lot size of CMR Green Technologies IPO?

The minimum lot size of CMR Green Technologies IPO is 78 shares.

Is CMR Green Technologies profitable?

CMR Green Technologies reported a profit after tax of ₹155.04 crore in FY25 and ₹162.39 crore for the period ended December 31, 2025.

Who are the promoters of CMR Green Technologies?

The promoters of CMR Green Technologies are Mohan Agarwal, Pratibha Agarwal, Akshay Agarwal and Raghav Agarwal.

What does CMR Green Technologies do?

CMR Green Technologies manufactures recycled aluminium alloys, zinc alloy ingots, aluminium billets, and recycled metal products while serving automotive OEMs and industrial customers.

Disclaimer

This content is for informational and educational purposes only and does not constitute investment advice. UnlistedKraft is not responsible for any losses arising from investment decisions based on this content. Readers should conduct their own research and consult qualified professionals before investing. IPO is expected to list on Jun 10, 2026, on BSE and NSE.

Author: Komal Bhatt

Komal Bhatt is a finance content writer at InvestKraft, specialising in well-researched articles on financial products, stock markets, and investment opportunities, with a particular focus on unlisted shares.

She holds a Master’s degree in Commerce from the University of Delhi, which gives her a solid academic foundation in finance and business. With over three years of hands-on experience in creating digital finance content, Komal has developed a clear understanding of investor needs through her work on wealth management, NISM certification programs, and market education materials.

Komal is passionate when it comes to breaking down complex financial concepts into simple, accurate and actionable insights. Her goal is to help everyday investors understand markets better and make more informed decisions based on reliable, research-backed information.