CMR Green IPO: Price, GMP, Allotment Insights and 2026 Profit Projections Revealed!
CMR Green, a leading non-ferrous metal recycler in India, is set to launch its IPO from June 3 to June 5, 2026, with an issue price range of INR 182 to 192 per share. The total IPO size is estimated to be between INR 598.02 to 630.88 crore, based on an offer for sale of 32,858,323 shares. With a minimum bid lot size of 78 shares, the retail allocation is pegged at 35%. Investors should note that the listing will occur on both the NSE and BSE on June 10, 2026. This IPO represents a significant opportunity for investors to participate in the growing market for recycled aluminium, which is expected to see substantial growth leading to an estimated 11.2% CAGR in India through FY2030.
The grey market sentiment surrounding the CMR Green IPO appears optimistic, with a current GMP (Grey Market Premium) of INR 35 per share. This suggests strong demand from investors, indicating a favorable outlook for the stock post-listing. The company’s impressive financial performance and its dominant market share, especially in the automotive cast alloy segment, provide a solid foundation for investor confidence. The strategic partnerships and focus on sustainability further enhance CMR Green’s appeal in the eyes of socially conscious investors and institutional buyers alike.
For Indian investors, CMR Green’s upcoming IPO represents an opportunity to tap into a thriving segment of the metals market, characterized by increasing demand for sustainable and recycled materials. Given the company’s substantial installed capacity and technological advancements, CMR Green is well-positioned to leverage the structural transition towards environmentally-friendly practices within the industry. However, investors are advised to conduct thorough due diligence and consider their risk appetite before participating in this IPO, especially given the recent struggles reflected in the FY 2024 financial performance.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova IPO team.)