CMR Green Technologies IPO description – The company is the largest metal recycler in the Indian aluminium recycling industry and amongst the largest in the world. It is primarily focused on the recycling of aluminum, which involves the processing of aluminium based metal scrap to manufacture aluminium alloys and supplying them both in liquid form as well as solid ingots, and on the manufacturing of zinc alloys. Among the major key end-use industries, demand from the automotive industry forms a large portion of total volumes of secondary aluminium in India.
Within the automotive segment of recycled aluminium industry in India, it occupied an estimated market share of 26-30% in Fiscal 2020. In addition to aluminium recycling, the company focuses on segregation and recycling of other metals such as stainless steel, copper, brass, zinc, magnesium and steel that form part of the mixed metal scrap that it procures, and recycling of end of life vehicles (ELVs) where it undertakes dismantling, shredding and sorting of ELV parts.
CMR Green Technologies currently operates through 12 manufacturing facilities of which, 10 facilities undertake aluminium recycling operations, targeted towards the automotive manufacturing sector in India and overseas. These manufacturing facilities are situated in key auto clusters in north, west and south India and are strategically located close to its customers’ manufacturing facilities. The company is also in the process of setting up a cold refining plant in Gujarat to create further operational efficiency and reduce logistics cost.
Promoters of CMR Green Technologies – Gauri Shankar Agarwala, Mohan Agarwal, Kalawati Agarwal and Pratibha Agarwal
CMR Green Technologies IPO Details
| Subscription Dates | Coming soon |
| Price Band | Coming soon |
| Fresh issue | INR300 crore |
| Offer For Sale | 33,414,138 shares |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR2 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
CMR Green Technologies Financial Performance
| Â | FY2019 | FY2020 | FY2021 |
| Revenue | – | – | 2,913.2 |
| Expenses | – | – | 2,647.1 |
| Net income | – | 0.1 | 21.6 |
| Margin (%) | – | – | 0.7 |
CMR Green Technologies IPO News
- CMR Green Technologies RHP
- CMR Green Technologies DRHP
CMR Green Technologies Valuations & Margins
| FY2019 | FY2020 | FY2021 | |
| EPS | 0.02 | 0.05 | 0.98 |
| PE ratio | – | – | – |
| RONW (%) | 0.23 | 0.57 | 2.84 |
| ROCE (%) | – | 23.59 | |
| EBITDA (%) | – | – | 11.55 |
| Debt/Equity | – | – | 0.56 |
| NAV | 9.14 | 9.19 | 34.45 |
CMR Green Technologies IPO GMP Daily Trend
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
CMR Green Technologies IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | ||||
| NII | ||||
| Retail | ||||
| Total |
CMR Green Technologies IPO Reviews – Subscribe or Avoid?
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CMR Green Technologies Offer Registrar
Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
CMR Green Technologies Contact Details
CMR Green Technologies Limited
Unit Nos. 802-803, 8th Floor,
SSR Corporate Park, Sector 27 B,
Faridabad 121 003, Haryana
Phone:Â +91 129 422 3050
Email:Â [email protected]
Website: https://www.cmr.co.in
CMR Green Technologies IPO Allotment Status
CMR Green Technologies IPO allotment will be available on KFin Tech website. Click on this link to get allotment status.
CMR Green Technologies IPO Timetable
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalisation of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
CMR Green Technologies IPO FAQs
How many shares in CMR Green Technologies IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in CMR Green Technologies Public Offer?
The best way to apply in CMR Green Technologies IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is CMR Green Technologies IPO GMP today?
CMR Green Technologies IPO GMP today is NA per share.
What is CMR Green Technologies IPO kostak rate today?
CMR Green Technologies IPO kostak rate today is NA per application.
What is CMR Green Technologies Subject to Sauda rate today?
CMR Green Technologies Subject to Sauda rate today is NA per application.
