Mumbai, Maharashtra, 29th of May 2026 : Amid the rapid growth of India’s green and sustainable manufacturing sector, CMR Green Technologies Limited is bringing its much-awaited Initial Public Offering (IPO). The company’s IPO will open on June 3, 2026, and remain available for subscription until June 5, 2026. The price band for the IPO has been fixed at ₹182 to ₹192 per equity share, while eligible employees will receive a special discount of up to ₹18 per share. At a time when investors are increasingly focusing on environmentally friendly and recycling-based businesses, the CMR Green Technologies IPO is expected to attract significant market attention.
The IPO is entirely an Offer for Sale (OFS), under which more than 3.28 crore equity shares will be sold. Promoters and investor shareholders will offload part of their holdings through the issue. The offer includes shares from promoter Mohan Agrawal, HUFs associated with his group, and investor seller Global Scrap Processors Limited. The company has also reserved shares worth up to ₹25 crore for employees, reflecting positive internal participation.
The anchor investor bidding process will open for one day on June 2, 2026, while public investors can apply between June 3 and June 5, 2026. Investors can bid for a minimum of 78 equity shares and in multiples of 78 thereafter. The company proposes to list its equity shares on both BSE and NSE, with BSE acting as the designated stock exchange for the issue.
Under the book-building process, not more than 50 percent of the issue will be allocated to Qualified Institutional Buyers (QIBs). Up to 60 percent of the QIB portion may be allocated to anchor investors. The anchor investor portion also includes reservations for domestic mutual funds, life insurance companies, and pension funds, highlighting the strong institutional backing of the issue.
The IPO of CMR Green Technologies, which operates in the green metal and recycling industry, comes at a time when both the Indian government and investors are placing greater emphasis on circular economy models and sustainable industrial growth. Market experts will now closely watch the response from investors and the level of enthusiasm the stock generates at the time of listing.
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