CMR Green Tech’s Rs 630 Crore IPO from June 3
Mumbai: Aluminum and non-ferrous metal recycling company CMR Green Technologies has announced its ₹630 crore initial public offering (IPO) at a price range of ₹182-192 per equity share with face value of ₹2.
The IPO will open on June 3 and close on June 5, 2026.
This issue, the first major IPO after a month-long lull in the primary market, was entirely an offer for sale (OFS) by the supporting shareholders and investors.
The Haryana-based company, which has an estimated 45 percent market share in aluminum recycling, serves major OEMs and Tier-1 automotive component manufacturers, including Honda Cars India, Bajaj Auto, Hero MotoCorp, Royal Enfield, Endurance Technologies, Maruti Suzuki and Jindal Stainless.
Meanwhile, the Securities and Exchange Board of India has approved IPO proposals of Renny Strips, Krishna Buildspace and Rodec Pharma.
