CMR Green Technologies IPO 2026: GMP Today, Price Band, Dates & Allotment
CMR Green Technologies IPO is open from June 3 to June 5, 2026, giving retail investors a chance to look at one of India’s leading aluminium recycling companies. Given that the company has a significant presence in the field of green manufacturing and the automobile industry, the IPO is very timely for the Indian market.
The bigger question for retail investors is simple: Does CMR Green Technologies IPO deserve a place in your IPO application list at ₹14,976 per lot?
CMR Green Technologies IPO: Key Details
What are the CMR Green Technologies IPO dates and price band?CMR Green Technologies IPO opens on June 3, 2026, and closes on June 5, 2026, with a price band of ₹182–₹192 per share.
Apply for CMR Green IPO — directly on IPO Ji.
CMR Green Technologies IPO GMP Today
(as of 29th May 2026, 18:00 )
CMR Green's GMP today is around ₹30–₹31 per share, which implies an estimated listing price of ₹222 - 223 — roughly a 16% premium over the upper price band of ₹192.
GMP, or Grey Market Premium, is the unofficial price at which IPO shares trade in the grey market before listing — it's a sentiment indicator, not a guarantee.
GMP changes daily and is purely unofficial. Never apply to an IPO based solely on GMP. Check the CMR Green IPO GMP on IPO Ji for real-time updates as they come in.
CMR Green Technologies IPO Subscription Status
CMR Green Technologies IPO opens on June 3, 2026. Subscription data will be updated here from Day 1. The IPO will be open for bidding from June 3 to June 5, 2026 across QIB, NII, and Retail categories. Check back for live category-wise subscription numbers.
| Category | Day 1 | Day 2 | Day 3 (Final) |
|---|---|---|---|
| QIB | — | — | — |
| NII / HNI | — | — | — |
| Retail | — | — | — |
| Total | — | — | — |
For live updates, track the CMR Green Technologies IPO subscription status on IPO Ji.
About CMR Green Technologies — India’s Aluminium Recycling Giant
What does CMR Green Technologies actually do? In simple terms, the company gives old metal a second life. It collects and processes scrap such as used aluminium, auto parts, and industrial waste, then converts it into recycled aluminium alloys, zinc ingots, aluminium billets, and other metal products used by manufacturers.
Its customer list is quite strong. CMR Green supplies to well-known names like Honda Cars India, Bajaj Auto, Hero MotoCorp, Royal Enfield, Maruti Suzuki, Endurance Technologies, and Jindal Stainless. So, this is not a small recycling setup selling to unknown buyers — it works with some of India’s biggest automobile and manufacturing brands.
The company also has serious scale. It operates 13 recycling units across North, West, and South India, giving it a wide manufacturing and logistics presence. As of March 31, 2025, CMR Green was the largest player in India by installed capacity, with capacity nearly 4 times higher than its nearest domestic competitor.
Another positive point is its global credibility. The company has joint ventures with Japanese strategic partners and strong ESG credentials, including one of the highest S&P Global CSA scores in the global aluminium sector. That matters because recycling is not just about cost-saving anymore — it is also becoming a key part of sustainable manufacturing.
Why is this business important now? India’s secondary aluminium market is expected to grow at 11.2% CAGR through FY2030. With automobiles, EVs, and manufacturing companies increasingly focusing on lightweight, lower-carbon materials, demand for recycled aluminium could remain strong in the coming years.
Financial Snapshot — Has CMR Green Turned the Corner?
Is CMR Green Technologies profitable?
Yes, CMR Green Technologies is profitable, with FY25 numbers showing growth and better operating performance. The improvement in PAT, EBITDA, and EPS makes the financial trend look more encouraging for investors.
9-Month Update: For the period ended December 31, 2025, CMR Green reported revenue of ₹6,291 crore, PAT of ₹162.39 crore, assets of ₹3,650.58 crore, and total borrowing of ₹1,303.22 crore.
CMR Green Technologies IPO Valuation Snapshot
Is CMR Green Technologies IPO fairly valued? At the upper price band of ₹192 per share, CMR Green Technologies is valued at a market cap of around ₹4,205 crore . The IPO is priced at a P/E ratio of 19.42, with a P/B ratio of 9.17 and RoNW of 24.92%.
The valuation looks decent when viewed alongside listed peers, especially considering CMR Green’s financials improving profitability and leadership position in India’s secondary aluminium market.
However, investors should remember that CMR Green operates in a commodity-linked business where aluminium scrap prices, energy costs, and margins can fluctuate. So, while the valuation is supported by market leadership and improving financials, it should still be compared with listed recycling and metal players before applying.
Peer Comparison — How Does CMR Green Compare?
Before applying, investors should also compare CMR Green Technologies with other listed recycling and metal companies such as Gravita India, Pondy Oxides, Baheti Recycling, and Jain Resource Recycling.
CMR Green stands out because of its strong position in India’s secondary aluminium market, wide manufacturing network, and established auto-sector client base. However, valuation should still be checked carefully because recycling and metal businesses can be affected by raw material prices, energy costs, and margin pressure.
So, along with GMP and subscription numbers, peer comparison can help investors judge whether the IPO pricing looks comfortable or expensive.
Issue Objectives — Where Does This Money Go?
Is CMR Green Technologies IPO a fresh issue or OFS?CMR Green Technologies IPO is a 100% Offer for Sale (OFS). This means the company is not raising fresh capital through this IPO; instead, existing shareholders are selling part of their stake.
The total issue size is ₹630.88 crore, and the proceeds will go to the selling shareholders. So, unlike a fresh issue, the money will not directly come into the company for expansion, debt repayment, or working capital.
CMR Green Technologies IPO Review — Key Factors to Consider
CMR Green Technologies is India's largest secondary aluminium recycler by installed capacity — nearly 4x its nearest domestic competitor — and supplies to marquee auto brands like Honda, Bajaj Auto, and Maruti Suzuki. At a P/E of 19.42x and a market cap of ₹4,205 crore, the valuation is reasonable for a market leader in a sector growing at 11.2% CAGR through FY2030.
The key concern is the 100% OFS structure — no fresh capital enters the company, and the entire ₹630.88 crore goes to selling shareholders. Combined with commodity-linked margins and customer concentration risk in the auto sector, investors should weigh these risks carefully. The GMP of around 16% reflects current grey market sentiment, but GMP is informal and can shift before listing day.
Investors should review the financials, peer valuations, and their own risk appetite before making a decision. This content is for informational purposes only and does not constitute investment advice. Please consult a SEBI-registered investment advisor before applying.
How to Apply for CMR Green Technologies IPO
What is the easiest way to apply for the CMR Green Technologies IPO online?
You can apply in two simple ways — through the IPO Ji App or through your broker’s IPO section. For most retail investors, the IPO Ji App is the quicker option.
Method 1: Via IPO Ji App
- Download the IPO Ji app on Android or iOS.
- Add your Demat Account and UPI ID. This is a one-time setup.
- Search for CMR Green Technologies IPO and tap Apply Now.
- Select the number of lots you want to apply for.
- Keep the cut-off price selected and submit your application.
- Open your UPI app, such as GPay, PhonePe, or Paytm, and approve the mandate request.
- That’s it. Your amount will be blocked in your bank account and will be debited only if you receive an allotment.
Method 2: Via Your Broker
You can also apply through any ASBA-enabled broker or bank platform, such as Zerodha, Groww, Angel One, HDFC Securities, or your net banking IPO section.
Just go to the IPO section, search for CMR Green Technologies IPO, enter your lot quantity, submit the bid, and approve the UPI mandate.
Minimum investment:1 lot = 78 shares × ₹192 = ₹14,976
CMR Green Technologies IPO Allotment Status
Date of Allotment: June 8, 2026
Three methods to check your allotment:
IPO Ji – most convenient method. You can check the status of your CMR Green Technologies IPO allotment right there without any additional effort.
Website of KFin Technologies – officially authorized registrar. Provide your PAN, Application Number, or DP/Client ID on kfintech.com.
BSE/NSE official websites – navigate to the IPO allotment status page and provide your information there.
In case of allotment, your shares will be available in your Demat account by June 9, 2026.
Contact Details
For IPO-related queries, investors can contact the company or registrar through the details below:
For allotment updates, investors can also check the CMR Green IPO allotment status on IPO Ji on the allotment date.
FAQs – CMR Green Technologies IPO
Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before investing. IPO investments are subject to market risks.
