IPO Details

IPO Logo
IPO Logo
CMR Green Technologies Ltd
MainboardOpen
Open:Wed, 03 Jun 2026
Close:Fri, 05 Jun 2026
Lot Size:78 Shares
Price Band:₹ 182 - ₹ 192
Listing:NSE, BSE
Fresh Issue:-
OFS:630.88 Cr
Total IPO Size:630.88 Cr
QIB : 50.00%
Retail : 35.00%
Total HNI : 15.00%

EventDate
Open Date03-06-2026 , Wednesday
Close Date05-06-2026 , Friday
Tentative Allotment08-06-2026 , Monday
Tentative Listing Date10-06-2026 , Wednesday
Retail Appl. Cut Off Time05-06-2026 , Friday 05:00 PM
Non Retail Appl. Cut Off Time05-06-2026 , Friday 04:00 PM
Anchor Allotment02-06-2026 , Tuesday
Initiation Of Refund09-06-2026 , Tuesday
Credit Of Share To Demat09-06-2026 , Tuesday

IPORupee Business Overview

CMR Green Technologies Limited IPO

Business overview, IPORupee insight and IPORupee education for retail investors based on the company RHP.

Issue Type
100% Book Built Offer
Fresh Issue
Not Applicable
Offer for Sale
Up to 32,858,323 shares
Listing
BSE and NSE

Company Overview

CMR Green Technologies Limited is a metal recycling and aluminium recycling company engaged mainly in recycling aluminium scrap and producing aluminium alloys. The company primarily manufactures and supplies liquid aluminium alloys, aluminium alloy ingots, stainless steel scrap and other scrap metals including copper, brass, zinc and magnesium.

The company was originally incorporated as Grand Metal Industries Private Limited on August 23, 2005. It was later converted into a public limited company as Grand Metal Industries Limited on May 28, 2020. Subsequently, its name was changed to CMR Green Technologies Limited on August 11, 2021.

Registered and Corporate Office

7th Floor, Tower 2, L & T Business Park, 12/4 Delhi, Mathura Road, Faridabad – 121003, Haryana, India.

Promoters

Mohan Agarwal, Pratibha Agarwal, Akshay Agarwal and Raghav Agarwal.

Important IPO point: This IPO is fully an Offer for Sale. There is no Fresh Issue. Therefore, CMR Green Technologies will not receive IPO proceeds from the offer.

What Does CMR Green Technologies Do?

The company converts aluminium scrap and other metal scrap into usable recycled metal products. Its main commercial products are liquid aluminium alloys and aluminium alloy ingots.

Product / ActivityMeaning
Liquid aluminium alloysMolten aluminium alloy supplied directly to customers for manufacturing use.
Aluminium alloy ingotsSolid blocks of aluminium alloy used by manufacturing customers.
Stainless steel scrapScrap metal generated, segregated and supplied for recycling use.
Other scrap metalsCopper, brass, zinc, magnesium and similar metals handled through recycling or segregation.
Aluminium billetsNewer product line for diversification.
Used beverage can recyclingRecycling opportunity connected with aluminium cans.

Liquid aluminium alloys and aluminium alloy ingots are the key revenue drivers. Together, these two products contributed 78.42% of revenue from operations excluding export incentives and government subsidy / other incentive in FY 2025.

Business Model

1. Sourcing of Scrap Metal

CMR Green Technologies sources metal scrap from domestic and international suppliers. Because domestic aluminium scrap availability is limited, the company imports a large portion of its raw material requirement.

PeriodImported Raw Materials and Traded Goods% of Total Purchases
9M ended Dec 31, 2025Rs. 44,005.84 million74.82%
FY 2025Rs. 44,497.04 million73.15%
FY 2024Rs. 42,622.66 million80.31%
FY 2023Rs. 41,204.41 million80.63%

2. Scrap Sorting and Processing

After sourcing scrap, the company sorts, segregates and processes metal scrap. Quality of scrap is very important because recycled aluminium alloy must match customer specifications. Poor sorting or contaminated scrap can affect the final product quality.

3. Melting and Alloy Manufacturing

The company melts aluminium scrap in furnaces and converts it into aluminium alloys. These alloys are supplied in liquid form or cast into ingots.

4. Liquid Aluminium Supply Model

Liquid aluminium alloy supply is an important part of the company’s business. Liquid aluminium must be delivered safely and quickly because it is transported at high temperature. The company supplies liquid aluminium through units located near customer premises and through specially designed trucks.

5. Customers and Repeat Orders

The company sells to OEMs, tier 1 auto component suppliers, channel partners and industrial customers. Repeat customers contributed 97.40% of revenue from operations excluding incentives in FY 2025.

Particular9M ended Dec 31, 2025FY 2025FY 2024FY 2023
Revenue from repeat customersRs. 59,909.25 millionRs. 64,907.72 millionRs. 57,111.91 millionRs. 53,360.26 million
Repeat customer revenue ratio96.23%97.40%96.04%91.13%

Manufacturing Facilities

CMR Green Technologies has multiple recycling and manufacturing facilities across India. This multi-location network is important because aluminium alloy supply, especially liquid aluminium supply, needs proximity to customers.

TatarpurHaridwarBhiwadiManesarHalolBawalChennaiVallamVanod Unit IVanod Unit IITirupatiOdishaPune

Financial Performance

Particular9M ended Dec 31, 2025FY 2025FY 2024FY 2023
Revenue from OperationsNot separately shown hereRs. 66,664.85 millionRs. 59,524.42 millionRs. 58,685.07 million
Total IncomeRs. 62,910.03 millionRs. 66,966.63 millionRs. 59,684.44 millionRs. 58,898.95 million
EBITDARs. 3,244.38 millionRs. 3,037.17 millionRs. 2,174.04 millionRs. 2,070.14 million
EBITDA Margin5.17%4.56%3.65%3.53%
Profit After TaxRs. 1,623.94 millionRs. 1,550.38 millionRs. (8,385.57) millionRs. 1,045.07 million
PAT Margin2.59%2.32%(14.05%)1.77%
FY 2024 note: The company reported a loss in FY 2024 mainly due to exceptional non-cash goodwill impairment of Rs. 12,396.27 million.

Operating Cash Flow and Working Capital

Metric9M ended Dec 31, 2025FY 2025FY 2024FY 2023
Net Cash from / used in Operating ActivitiesRs. (3,877.04) millionRs. (920.03) millionRs. 741.02 millionRs. 6,108.95 million
Receivable Days38 days43 days38 days34 days
Inventory Days51 days45 days38 days38 days
Payable Days11 days13 days11 days20 days
Net Working Capital Days79 days76 days66 days53 days
Total BorrowingsRs. 13,032.17 millionRs. 8,940.33 millionRs. 4,986.52 millionRs. 3,681.86 million
Net Debt to Equity Ratio0.760.580.360.15

Objects of the IPO

The IPO is entirely an Offer for Sale. There is no Fresh Issue. Therefore, the company will not receive any proceeds from the IPO. The offer proceeds will go to the selling shareholders.

Selling ShareholderShares Offered
Mohan AgarwalUp to 4,959,428 equity shares
Gauri Shankar Agarwala HUF through its kartaUp to 1,000,000 equity shares
Mohan Agarwal HUF through its kartaUp to 500,000 equity shares
Global Scrap Processors LimitedUp to 26,398,895 equity shares

Key Strengths

Leading recycling position

The company is among the leading non-ferrous metal recyclers in India in terms of installed capacity.

Large aluminium recycling capacity

Aluminium recycling capacity was 4,61,000 tonnes per annum as of March 31, 2025.

Liquid aluminium capability

Liquid aluminium supply needs technical capability, proximity, safety systems and specialised transport.

Strong repeat customer revenue

Repeat customers contributed 97.40% of revenue from operations excluding incentives in FY 2025.

Global supplier base

The company procured scrap from around 198 global suppliers from 73 countries excluding India in FY 2025.

Circular economy theme

Aluminium recycling supports resource efficiency, lower energy use and decarbonisation.

Key Risks

1. Entire IPO is OFS: There is no Fresh Issue, so IPO money will not come into the company.
2. Product concentration: Liquid aluminium alloys and aluminium alloy ingots contributed 78.42% of FY 2025 revenue from operations excluding incentives.
3. Customer concentration: Top 10 customers contributed 52.78% of FY 2025 revenue from operations.
4. Import dependency: Imported raw materials and traded goods accounted for 73.15% of total purchases in FY 2025.
5. Working capital and cash flow: Net working capital days increased and operating cash flow was negative in FY 2025 and 9M ended Dec 31, 2025.
6. Increasing borrowings: Total borrowings increased from Rs. 3,681.86 million in FY 2023 to Rs. 13,032.17 million as of Dec 31, 2025.
7. Safety risk: Melting and transporting high-temperature liquid aluminium involves safety and operational risks.
8. Regulatory and litigation risk: The RHP discloses ED proceeding, litigation, related party and group company matters.

IPORupee Insight

CMR Green Technologies Limited is an interesting IPO because it belongs to the metal recycling and circular economy theme. The company is not merely a scrap trader; it is a recycling-led aluminium alloy manufacturer with large installed capacity, multiple facilities and long customer relationships.

The strongest point is its position in aluminium recycling. Aluminium is used in automobiles, industrial products, construction, packaging and electrical applications. Recycled aluminium can support lower energy use and lower carbon footprint compared with primary aluminium production.

The second strong point is the liquid aluminium alloy business. Liquid aluminium supply is not easy because it requires customer proximity, specialised transport, safety systems, timing discipline and technical reliability. If a customer depends on regular liquid aluminium supply, switching suppliers can be operationally difficult.

However, retail investors should not ignore the risk side. The IPO is fully OFS, there is no Fresh Issue, and the company will not receive IPO proceeds. Product concentration, customer concentration, import dependency, increasing working capital days, negative operating cash flow and increasing borrowings are important areas to study.

IPORupee view: CMR Green Technologies has scale, repeat customer strength and a strong recycling theme, but investors should evaluate valuation along with OFS structure, cash flow quality, debt levels, import risk and concentration risk before making any IPO decision.

IPORupee Education

What is metal recycling?

Metal recycling means collecting, sorting, melting and processing used metal scrap to make usable metal again.

What is aluminium recycling?

Aluminium recycling means converting aluminium scrap into reusable aluminium products such as alloys, ingots or billets.

What is liquid aluminium alloy?

Liquid aluminium alloy is aluminium alloy supplied in molten form and used directly in customer manufacturing processes.

What is aluminium alloy ingot?

An aluminium alloy ingot is a solid block of aluminium alloy that customers can later melt and use in manufacturing.

What is secondary aluminium?

Secondary aluminium is aluminium produced by recycling aluminium scrap, unlike primary aluminium produced from bauxite and alumina.

What is circular economy?

Circular economy means reusing and recycling materials instead of only extracting new resources.

What is commodity price risk?

Commodity price risk means metal prices can change due to global demand, supply, currency and market movement.

What is hedging?

Hedging is a risk management method used to reduce the impact of price or currency fluctuation.

What is working capital?

Working capital is money required for daily operations such as scrap purchase, imports, inventory, receivables and logistics.

What is Offer for Sale?

Offer for Sale means existing shareholders sell their shares through the IPO. The company does not receive proceeds from OFS.

Full Forms

Short FormFull Form
IPOInitial Public Offering
RHPRed Herring Prospectus
OFSOffer for Sale
BSEBSE Limited
NSENational Stock Exchange of India Limited
SEBISecurities and Exchange Board of India
QIBQualified Institutional Buyer
NIINon-Institutional Investor
RIIRetail Individual Investor
ASBAApplication Supported by Blocked Amount
UPIUnified Payments Interface
OEMOriginal Equipment Manufacturer
EVElectric Vehicle
UBCUsed Beverage Can
LMELondon Metal Exchange
MTPAMillion Tonnes Per Annum
EPRExtended Producer Responsibility
ESGEnvironmental, Social and Governance
EBITDAEarnings Before Interest, Tax, Depreciation and Amortisation
PATProfit After Tax
EPSEarnings Per Share
NAVNet Asset Value
DSCRDebt Service Coverage Ratio
EDEnforcement Directorate
RoCRegistrar of Companies
Disclaimer: This content is for educational and informational purposes only. It is based on the company’s Red Herring Prospectus and publicly available IPO-related information. This is not investment advice, recommendation, research report or a call to apply or avoid the IPO. We are not SEBI registered investment advisors. Investors should read the RHP, check valuation, offer structure, full OFS nature, risk factors, product concentration, customer concentration, raw material import dependency, foreign exchange risk, working capital cycle, borrowings, cash flows, litigation, regulatory proceedings, related party transactions, market conditions and consult their financial advisor before making any investment decision.

Subscription Data

CategorySize
(In Cr)
Subscribed
(In Cr)
No of Times
(x)
QIB125.62433.563.45
bNII (Above 10L)62.811,304.5320.77
sNII (2L to 10L)31.41754.8524.04
NII Total94.222,059.3821.86
Retail219.841,760.518.01
Employee2.5017.266.90
Total442.184,270.719.66

CategoryPercentageNo. of Shares OfferedAmount
QIB
50.00 %
1,63,57,322
314.06 Cr
Retail
35.00 %
1,14,50,126
219.84 Cr
Total HNI
15.00 %
49,07,197
94.22 Cr
SHNI
5.00 %
16,35,732
31.41 Cr
BHNI
10.00 %
32,71,465
62.81 Cr
Employee
0.00 %
1,43,678
2.50 Cr

CMR Green Technologies Ltd allotted 98,14,393 equity shares to anchor investors at ₹192 per share on 02 Jun 2026 before the IPO opening. The total anchor allocation stood at 188.44 Cr across 18 anchor investors.

Mutual funds received 61,31,016 shares worth 117.72 Cr, representing 62.47% of the total anchor investor allocation. Within the mutual fund portion, SBI Mutual Fund had the highest fund-house level allocation with 10,41,690 shares worth 20.00 Cr across 1 scheme. Other leading fund houses by allocation included ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund and Kotak Mahindra Mutual Fund.

At scheme level, the largest mutual fund allocations included SBI COMMA FUND, ICICI PRUDENTIAL MULTICAP FUND, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND, KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES FUND and HDFC MUTUAL FUND - HDFC CHILDRENS FUND.

The largest anchor investor received 10.61% of the anchor portion. The top five anchor investors together received 52,08,450 shares, representing about 53.07% of the total anchor allocation.

Top 5 Anchor Investors

RankAnchor Investor NameShares AllocatedAllocation %Allocation Amount
1SBI COMMA FUND10,41,69010.61 %20.00 Cr
2ICICI PRUDENTIAL MULTICAP FUND10,41,69010.61 %20.00 Cr
3NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND10,41,69010.61 %20.00 Cr
4KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES FUND10,41,69010.61 %20.00 Cr
5GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO10,41,69010.61 %20.00 Cr

Top 5 Mutual Fund Scheme Investors

RankMutual Fund SchemeAMCShares AllocatedAllocation %Allocation Amount
1SBI COMMA FUNDSBI Mutual Fund10,41,69010.61 %20.00 Cr
2ICICI PRUDENTIAL MULTICAP FUNDICICI Prudential Mutual Fund10,41,69010.61 %20.00 Cr
3NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUNDNippon India Mutual Fund10,41,69010.61 %20.00 Cr
4KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES FUNDKotak Mahindra Mutual Fund10,41,69010.61 %20.00 Cr
5HDFC MUTUAL FUND - HDFC CHILDRENS FUNDHDFC Mutual Fund8,41,3868.57 %16.15 Cr

The figures are based on the company’s stock exchange anchor allotment intimation. Anchor allocation is only an informational disclosure and does not indicate future listing performance.


ApplicationDiscountQty (Lot)Total
Retail MIN
-
78 (1)
₹ 14,976
Retail MAX
-
1014 (13)
₹ 1,94,688
SHNI MIN
-
1092 (14)
₹ 2,09,664
SHNI MAX
-
5148 (66)
₹ 9,88,416
BHNI MIN
-
5226 (67)
₹ 10,03,392
Employee MIN
₹ 18
78 (1)
₹ 13,572
Employee MAX
₹ 18
2808 (36)
₹ 4,88,592

Profit & Loss (Values In Crore)


Particulars
December 31, 2025
March 31, 2025
March 31, 2024
March 31, 2023
Revenue from
operations
6,275.52
6,666.49
5,952.44
5,868.51
Other income
15.48
30.18
16.00
21.39
Total income
6,291.00
6,696.66
5,968.44
5,889.90
Total expenses
6,074.51
6,486.67
5,838.39
5,751.70
Profit before share
in loss of Joint
ventures, exceptional
item and tax
216.50
209.99
130.06
138.19
Share in (loss) of
Joint Ventures (net
of tax)
-3.30
-4.93
-0.52
-0.32
Exceptional item
-
-
1,239.63
-
Profit Before Tax
213.20
205.06
-1,110.09
137.88
Tax Expense
50.81
50.02
-271.54
33.37
Net Profit
162.39
155.04
-838.56
104.51
Basic EPS In Rs.
0.68
0.65
-3.83
0.44
Diluted EPS In Rs.
0.68
0.65
-3.83
0.44

Balance Sheet (Values In Crore)


Particulars
December 31, 2025
March 31, 2025
March 31, 2024
March 31, 2023
Property, plant and
equipment
699.05
601.89
548.84
426.11
Capital work in
progress
69.77
149.83
26.01
42.80
Investment property
-
-
-
0.28
Goodwill
-
-
-
1,239.63
Intangible assets
2.12
2.48
1.77
0.27
Intangible assets
under development
-
-
-
0.72
Right-of-use assets
64.29
64.71
62.57
46.47
Investments in Joint
ventures
27.68
30.95
35.86
36.38
Investments
1.62
0.96
0.77
0.01
Loans
0.57
0.44
0.20
0.08
Other financial
assets
10.05
7.75
8.57
6.66
Deferred tax assets
(net)
100.67
2.42
0.03
0.56
Non-current tax
assets (net)
16.29
21.59
25.10
18.54
Other non-current
assets
100.19
61.11
62.78
56.07
Total Non Current
Assets
1,092.31
944.12
772.49
1,874.58
Inventories
1,191.53
827.22
619.84
616.98
Trade receivables
885.04
787.57
627.20
553.56
Cash and cash
equivalent
1.38
1.77
3.00
31.95
Bank balances other
than (ii) above
4.26
6.20
4.10
5.12
Loans
1.50
0.64
0.59
0.44
Other financial
assets
166.09
66.44
27.84
83.04
Current tax asset
(net)
2.14
1.02
0.37
5.63
Other current assets
305.10
180.38
138.91
180.22
Total Current Assets
2,557.05
1,871.23
1,421.84
1,476.93
Assets held for sale
1.22
0.51
0.08
0.16
Total Assets
3,650.58
2,815.86
2,194.41
3,351.66
Equity Share capital
43.81
43.81
43.81
43.81
Other equity
1,464.64
1,328.84
1,187.99
2,064.76
Equity attributable
to equity holders of
parent
1,508.45
1,372.65
1,231.80
2,109.01
Non - Controlling
Interest
201.85
148.64
134.60
128.80
Total Equity
1,710.30
1,521.29
1,366.40
2,237.82
Borrowings
129.15
214.26
136.62
50.09
Lease liabilities
23.92
25.45
28.96
12.96
Other financial
liabilities
0.64
0.64
0.26
0.26
Deferred tax
liabilities (net)
78.40
19.50
21.85
329.82
Provisions
13.89
11.80
6.94
5.25
Total Non Current
Liabilities
245.99
271.63
194.61
398.38
Borrowings
1,174.07
679.78
362.04
318.10
Lease liabilities
7.02
5.53
7.62
6.00
Trade payables
246.52
231.28
177.88
314.78
Other financial
liabilities
170.34
50.88
38.74
30.76
Current tax
liabilities (net)
23.68
12.72
11.66
5.15
Provisions
4.24
3.34
5.96
5.94
Other liabilities
68.43
39.43
29.51
34.73
Total Current
Liabilities
1,694.29
1,022.94
633.39
715.46
Total Liabilities
1,940.28
1,294.57
828.01
1,113.84
Total Equity and
Liabilities
3,650.58
2,815.86
2,194.41
3,351.66

Cash Flow Statement (Values In Crore)


Particulars
December 31, 2025
March 31, 2025
March 31, 2024
March 31, 2023
Cash Flow From
Operating Activities
-387.704
-92.003
74.102
610.895
Cash Flow From
Investing Activities
-95.443
-234.833
-133.766
-96.34
Cash Flow From
Financing Activities
482.755
325.602
30.72
-484.343
Net Cash Flow
-0.392
-1.234
-28.944
30.212

ObjectiveNo Of SharesAmount
Offer for Sale
3,28,58,323
630.88 Cr

DocumentAction
DRHPView
RHPView
Anchor AllotmentView

#TitlePublished Date
1CMR Green Technologies IPO opening announcement with IPO details, OFS structure, business overview, financials, management discussion, risks, IPORupee Insight and education02-06-2026 , Tuesday

IPO Contact Details
Registered Office
7th Floor, Tower 2, L & T Business Park, 12/4 Delhi, Mathura Road, Faridabad- 121003, Haryana, India
Corporate Office
7th Floor, Tower 2, L & T Business Park, 12/4 Delhi, Mathura Road, Faridabad- 121003, Haryana, India
Contact Person
Srishti Saxena - Company Secretary and Compliance Officer
Registrar to Issue Details
Registrar Name
KFin Technologies Limited
Contact Person
M. Murali Krishna

Lead Managers

NameContact PersonTelephoneEmailWebsite
Equirus Capital Limited
Mrunal Jadhav / Rahul Wadekar
+91 22 43320734
cmr.ipo@equirus.com
www.equirus.com
ICICI Securities Limited
Kishan Rastogi / Ashik Joisar
+91 22 68077100
cmripo@icicisecurities.com
www.icicisecurities.com
Motilal Oswal Investment Advisors
Limited
Sukant Goel / Shashank Pisat
+91 22 71934380
cmr.ipo@motilaloswal.com
www.motilaloswalgroup.com
IPO Details

CMR Green Technologies Ltd IPO Details FAQs

Understand company details, IPO size, price band, lot size, exchange listing, fresh issue and Offer for Sale (OFS) in simple language for retail investors.

Which company's IPO is this?

This IPO is of CMR Green Technologies Ltd. The issue is scheduled to open on Wednesday, 03 June 2026 and closes on Friday, 05 June 2026.

After the IPO process is completed, the shares are proposed to be listed on both NSE and BSE.

What is the IPO size?

IPO size means the total amount offered to investors through the public issue.

For CMR Green Technologies Ltd IPO, the total issue size is Rs 630.88 crore, consisting of an Offer for Sale (OFS) of Rs 630.88 crore.

What is the price band or issue price?

Price band is the price range within which investors can bid for shares in a book-built IPO.

For this IPO, the lower price band is Rs 182 per share and the upper price band is Rs 192 per share.

What is the lot size?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For CMR Green Technologies Ltd IPO, the minimum lot size is 78 shares. At the upper price band of Rs 192 per share, the minimum application amount is Rs 14,976. Applications must be made in multiples of 78 shares.

What is Offer for Sale (OFS) in this IPO?

Offer for Sale (OFS) means existing shareholders sell their shares to the public through the IPO.

For CMR Green Technologies Ltd IPO, the Offer for Sale (OFS) size is Rs 630.88 crore. In an OFS, the selling shareholders receive the money, and the company usually does not receive funds from that portion.

IPO Timeline

CMR Green Technologies Ltd IPO Timeline FAQs

Understand the important IPO dates, allotment process, refund schedule and listing timeline in a retail-friendly format.

What is the IPO opening date?

The IPO opening date is the first day on which investors can apply for the public issue.

For CMR Green Technologies Ltd IPO, the IPO opens on Wednesday, 03 June 2026.

What is the IPO closing date?

The IPO closing date is the last day on which investors can submit, modify, or cancel their IPO applications.

CMR Green Technologies Ltd IPO closes on Friday, 05 June 2026.

When is the tentative allotment date?

The tentative allotment date is the expected date on which the registrar finalizes the share allotment for valid IPO applications.

For CMR Green Technologies Ltd IPO, the tentative allotment date is Monday, 08 June 2026.

When is the tentative listing date?

The tentative listing date is the expected date on which IPO shares begin trading on the stock exchanges.

CMR Green Technologies Ltd IPO is expected to list on Wednesday, 10 June 2026.

When do refunds and demat credit happen?

After allotment, funds are unblocked or refunds are initiated for non-allotted investors, while allotted shares are credited to investors' demat accounts before listing.

For CMR Green Technologies Ltd IPO, refund initiation is expected on Tuesday, 09 June 2026, and credit of shares to demat accounts is expected on Tuesday, 09 June 2026.

IPO Structure

CMR Green Technologies Ltd IPO Structure FAQs

Understand IPO category-wise reservation, QIB quota, retail quota, HNI allocation, shareholder reservation and the meaning of structure columns in a simple format.

What is the IPO structure?

IPO structure shows how shares are divided among different categories of investors, such as QIB, Retail, NII/HNI, Employees, and Shareholders.

For CMR Green Technologies Ltd IPO, the available categories in the structure table include QIB, Retail, Non-Institutional Investors (NII/HNI), Employees. The NII/HNI category includes SHNI and BHNI sub-categories. Investors can use this table to understand category-wise allocation before applying.

What is the QIB category?

QIB stands for Qualified Institutional Buyers. This category includes mutual funds, banks, insurance companies, and other large financial institutions.

In CMR Green Technologies Ltd IPO, 50% shares are reserved under the QIB category, with 1,63,57,322 shares offered, and an allocation amount of ₹314.06 crore.

What is the Retail category?

The Retail category is reserved for individual investors and HUFs applying for up to Rs 2 lakh within the retail investment limit allowed under IPO rules.

In CMR Green Technologies Ltd IPO, 35% shares are reserved under the Retail category, with 1,14,50,126 shares offered, and an allocation amount of ₹219.84 crore.

What is the NII/HNI category?

NII/HNI stands for Non-Institutional Investors / High Net-Worth Individuals. This category generally includes investors applying for more than Rs 2 lakh, above the retail investment limit.

In CMR Green Technologies Ltd IPO, 15% shares are reserved under the NII/HNI category, with 49,07,197 shares offered, and an allocation amount of ₹94.22 crore.

What is the SHNI category?

SHNI stands for Small HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 2 lakh but not exceeding Rs 10 lakh.

In CMR Green Technologies Ltd IPO, 5% shares are reserved under the SHNI sub-category, with 16,35,732 shares offered, and an allocation amount of ₹31.41 crore.

What is the BHNI category?

BHNI stands for Big HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 10 lakh.

In CMR Green Technologies Ltd IPO, 10% shares are reserved under the BHNI sub-category, with 32,71,465 shares offered, and an allocation amount of ₹62.81 crore.

What is employee reservation?

Employee reservation is a special quota reserved for eligible company employees, if applicable.

In CMR Green Technologies Ltd IPO, 1,43,678 shares are offered under the Employee Reservation category, and an allocation amount of ₹2.50 crore.

Lot Size Details

CMR Green Technologies Ltd IPO Lot Size FAQs

Understand retail lot size, HNI application limits, employee category, shareholder category and investment amount calculations using the IPO lot table.

What is lot size in an IPO?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For CMR Green Technologies Ltd IPO, the minimum lot size is 78 shares. At the upper price band of Rs 192 per share, the minimum application amount is Rs 14,976. Applications must be made in multiples of 78 shares.

What is Retail minimum application?

Retail minimum application shows the minimum application size for retail investors.

For CMR Green Technologies Ltd IPO, the Retail minimum application is 78 shares (1 lot) for about Rs 14,976.

What is Retail maximum application?

Retail maximum application shows the maximum application size generally available under the retail category.

For CMR Green Technologies Ltd IPO, the Retail maximum application is 1,014 shares (13 lots) for about Rs 1,94,688.

What is SHNI minimum application?

SHNI minimum application shows the minimum application size for the Small HNI category.

For CMR Green Technologies Ltd IPO, the SHNI minimum application is 1,092 shares (14 lots) for about Rs 2,09,664.

What is SHNI maximum application?

SHNI maximum application shows the maximum application size available under the Small HNI category, when provided.

For CMR Green Technologies Ltd IPO, the SHNI maximum application is 5,148 shares (66 lots) for about Rs 9,88,416.

What is BHNI minimum application?

BHNI minimum application shows the minimum application size for the Big HNI category.

For CMR Green Technologies Ltd IPO, the BHNI minimum application is 5,226 shares (67 lots) for about Rs 10,03,392.

What is Employee minimum application?

Employee minimum application shows the minimum application size under the employee category, if this category is available in the IPO.

For CMR Green Technologies Ltd IPO, the Employee minimum application is 78 shares (1 lot) for about Rs 13,572 with a discount of Rs 18 per share.

What is Employee maximum application?

Employee maximum application shows the maximum application size under the employee category, if provided in the lot size table.

For CMR Green Technologies Ltd IPO, the Employee maximum application is 2,808 shares (36 lots) for about Rs 4,88,592 with a discount of Rs 18 per share.

Financial Highlights

CMR Green Technologies Ltd IPO Financial FAQs

Understand important financial figures in simple language using the financial statement data available for the IPO.

What are Financial Highlights?

Financial Highlights show important numbers from the company's financial statements. These may include income, expenses, profit, assets, liabilities, cash flow and other financial information, depending on the data available for the IPO.

The table displays available financial data based on the IPO information currently available. Fields may differ from company to company depending on disclosures and reporting format.

How should investors read the Financial Highlights table?

Investors should read the table to understand the company's financial performance and financial position over different periods.

The table may help users review income, expenses, profitability, balance sheet position, cash movement or other financial information, depending on the available data.

Why can financial line items differ between IPOs?

Financial statement line items may differ because companies operate in different industries and may follow different reporting formats.

Some companies may provide detailed financial breakup, while others may present broader financial categories.

What should investors check in financial data?

Investors should review income, expenses, profitability, debt position, asset base, liabilities and cash flow position together.

A single financial figure should not be used alone to judge the company.

Why is profit not enough to judge an IPO?

Profit is important, but it does not show the full financial picture.

Investors should also review revenue quality, expenses, debt, assets, liabilities, cash flow, valuation and business risks.

Why is cash flow important in financial analysis?

Cash flow helps investors understand how money moves in and out of the business.

A company may report profit but still face cash flow pressure, so cash flow should be reviewed along with profit, debt and balance sheet information.

Should investors rely only on Financial Highlights?

No. Financial Highlights are useful, but investors should also review valuation, peer comparison, KPI data, business risks, IPO pricing, management discussion and official offer documents such as the RHP or DRHP.

Peer Comparison

CMR Green Technologies Ltd IPO Peer Comparison FAQs

Understand how the company may be compared with similar businesses using the peer comparison data available for the IPO.

What is Peer Comparison?

Peer Comparison means comparing the IPO company with businesses operating in a similar sector or industry.

It helps investors understand the company in a broader industry context.

Why is Peer Comparison useful?

Peer Comparison helps investors understand how the company can be compared with similar businesses using available financial or valuation metrics.

It is useful for context, but it should not be treated as a final investment conclusion.

Why can peer comparison metrics differ?

Peer comparison metrics may differ depending on the companies selected, accounting format, business model and available public information.

Investors should compare only relevant and similar metrics.

How should investors read a Peer Comparison table?

Investors should use the peer comparison table as a reference point.

Available metrics should be read together with business model, scale, profitability, margins, debt, growth, valuation and IPO pricing.

Can Peer Comparison decide whether an IPO is good or bad?

No. Peer Comparison does not directly decide whether an IPO is good or bad.

It only provides context for comparison. Final analysis should include financial statements, KPI data, valuation, risk factors and official offer documents.

Should investors rely only on Peer Comparison?

No. Peer Comparison is only one part of IPO analysis.

Investors should also review financial statements, KPI data, business risks, valuation, IPO pricing and company fundamentals.

Key Performance Indicators

CMR Green Technologies Ltd IPO KPI FAQs

Understand important KPI metrics in simple language using the key performance indicator data available for the IPO.

What are Key Performance Indicators (KPIs)?

Key Performance Indicators, or KPIs, are financial and valuation metrics used to understand profitability, efficiency, leverage, return-based ratios and earnings performance.

They help investors understand the company beyond basic financial figures.

Why are KPIs important for IPO investors?

KPIs help investors assess profitability, capital efficiency, leverage, valuation and earnings quality.

They should be reviewed together with financial statements, peer comparison and IPO pricing.

Why can KPI availability differ between IPOs?

KPI data may differ depending on the company, industry, financial disclosures and available offer document information.

Not every IPO may provide every KPI, and some metrics may not be applicable to every business.

How should investors read KPI metrics?

Investors should read KPI metrics together instead of relying on one ratio.

A single KPI may not give the full picture unless it is reviewed with financial statements, peer comparison, business model and valuation.

Can high or low KPI values directly decide investment quality?

No. High or low KPI values need context.

The meaning of a ratio may differ depending on industry, business model, debt level, growth stage, profitability and IPO valuation.

Should investors rely only on KPI data?

No. KPI data is useful, but it should not be used alone.

Investors should also review financial statements, peer comparison, business risks, valuation, IPO pricing and official offer documents such as the RHP or DRHP.