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CMR Green Technologies IPO

Metals Recycling (Non-Ferrous) - Listed on 06 October 2026

+39.6% listing gain
Issue Price (Upper)
Rs 192
Listing Price
Rs 268
Closing Price (NSE)
Rs 241.2
Total Subscription
127.03x

CMR Green Technologies IPO listing summary

CMR Green Technologies (Metals Recycling (Non-Ferrous)) closed its IPO window in 2026 and listed on NSE and BSE on 06 October 2026 at an upper band issue price of Rs 192, opening at Rs 268 for a listing gain of +39.6% and closing day one at Rs 241.2 (+25.6% on closing basis). The IPO was subscribed 127.03x overall - QIB 270.46x, HNI/NII 172.33x, Retail 27.01x. The total issue size was Rs 630.88 Cr (Fresh Issue Rs 0 Cr, OFS Rs 630.88 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+39.58%
Listing Gain (Close)
+25.63%
Day Change After Listing
-10.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB270.46x
HNI / NII172.33x
Retail27.01x
Overall127.03x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 12.45x
Day 29.59x
Day 3 (Final)127.03x

CMR Green Technologies IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 35+32.81%
Day 2Rs 50+32.81%
Day 3Rs 63+32.20%
Day 4Rs 63+36.46%
Day 5Rs 70+34.20%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
32.2%-36.5%
IPOGyani AI Prediction
35.6%
Actual Listing Gain
+39.6%

Prediction Accuracy: 4.0 pp (Reasonably accurate)

Issue & financials

Issue SizeRs 630.88 Cr
Fresh IssueRs 0 Cr
OFSRs 630.88 Cr
IPO PE21.31
Peer / Sector PE46.67
PE vs Sector Ratio0.46
Latest EBITDA (Cr)4.56
Debt / Equity0.58

Market context at listing

How the broader market moved around the CMR Green Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.65%
Nifty 1W Return-0.81%
Nifty 1M Return-2.50%
Nifty during IPO window-0.17%

CMR Green Technologies IPO - FAQs

What was the listing gain of CMR Green Technologies IPO?

CMR Green Technologies IPO listed at +39.6% versus the upper issue price of Rs 192 on 06 October 2026.

How many times was CMR Green Technologies IPO subscribed?

CMR Green Technologies IPO was subscribed 127.03x overall. QIB portion was subscribed 270.46x, HNI / NII 172.33x and Retail 27.01x.

What was the IPO GMP for CMR Green Technologies?

IPO GMP started at Rs 35 on Day 1 and moved to Rs 70 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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