CMR Green Technologies IPO Lists at 43% Premium on BSE
- 10th June 2026
- 10:30 AM
- 2 min read
Summary
CMR Green Technologies made a strong market debut on 10 June 2026, listing at Rs 275.40 on the BSE, a 43.44% premium over its IPO price of Rs 192. The non-ferrous metal recycler's Rs 631-crore issue was subscribed 127 times during its June 3-5 offering, beating grey market expectations of a 35% premium.Mumbai | 10 June 2026
CMR Green Technologies shares opened trading on Wednesday at Rs 275.40 on the BSE and Rs 268 on the NSE, clearing grey market forecasts of a 35% premium and delivering listing gains of 43.44% and 39.58% respectively over the IPO price of Rs 192 per share.
The company’s market capitalisation stood at Rs 6,032.79 crore on BSE at the time of listing. By mid-morning, the stock was trading at Rs 253.10 on BSE as at 11:09 and Rs 252.24 on NSE as at 11:19.
How did the CMR Green Technologies IPO perform?
The Rs 631-crore issue attracted bids 127 times the shares on offer during its three-day subscription window from June 3 to June 5, 2026. The price band was set at Rs 182 to Rs 192 per share, with a minimum lot size of 78 shares.
The listing performance exceeded grey market expectations, with the stock delivering gains above the anticipated 35% premium on both exchanges.
What does CMR Green Technologies do?
CMR Green Technologies is a non-ferrous metal recycler operating 13 recycling facilities across India. The company has built a procurement network spanning domestic markets as well as Asia, Africa, the Middle East, Europe and the Americas.
Its customer base comprises primarily automotive original equipment manufacturers and Tier-I suppliers, including Honda Cars India, Bajaj Auto, Hero MotoCorp, Royal Enfield Motors, Endurance Technologies, Rockman Industries and Craftsman Automation.
CMR Green Technologies IPO key details
| Detail | Information |
| Issue size | Rs 631 crore |
| Price band | Rs 182 to Rs 192 per share |
| Lot size | 78 shares |
| Subscription | 127 times |
| Subscription period | June 3 to June 5, 2026 |
| BSE listing price | Rs 275.40 (43.44% premium) |
| NSE listing price | Rs 268 (39.58% premium) |
| Market capitalisation (BSE) | Rs 6,032.79 crore |
| BSE price (11:09) | Rs 253.10 |
| NSE price (11:19) | Rs 252.24 |
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