CMR Green Technologies IPO GMP

CMR Green Technologies, a Metal recycling company has filed preliminary papers with SEBI to raise funds through an initial share sale of fresh issue of equity shares worth ₹300 crores and an offer for sale (OFS) of 3.34 crore equity shares by promoters and investors.

CMR Green Technologies is one of the leading metal recyclers in the domestic aluminuim recycling industry. It mainly focuses on the recycling of aluminium, which involves the processing of aluminium-based metal scrap to manufacture aluminium alloys and supplying them in liquid form as well as solid form.

It has a huge demand in the automotive industry where it forms a large number of total volumes of secondary aluminium. The demand for secondary aluminium is expected to grow at 15% CAGR between FY2021 and FY2025. The company also manufactures zinc alloys.

CMR Green Technologies IPO

CMR Green Technologies Promoter

  • Gauri Shankar Agarwala.
  • Kalawati Agarwal.
  • Mohan Agarwal.
  • Pratibha Agarwal.

Company Financials

Particulars (Cr)

FY21

FY20

FY19

Revenue

2913.19

0.00

0.01

EBITDA

336.53

-0.01

-0.01

PAT

40.73

0.12

0.05

EPS (basic in Rs.)

0.98

0.05

0.02

ROE

0.23%

0.57%

2.84%

ROCE

23.59%

21.52%

24.27%

CMR Green Technologies IPO Timeline

CMR Green Technologies IPO issue date, issue price, allotment date, and the listing date, and all the details will be announced soon.

IPO Opens To be announced
IPO Ends To be announced
Allotment Begins To be announced
Refund Initiation To be announced
Allotment Date To be announced
Listing Date To be announced

CMR Green Technologies IPO GMP

CMR Green Technologies IPO GMP will give an estimation of how the IPO will be listing in the exchanges. It has not yet started trading in the grey market. We will update the GMP once it starts trading in the grey market.

CMR Green Technologies IPO Book Running Lead Manager(s)

  • ICICI Securities.
  • Axis Capital.
  • JM Financial.

CMR Green Technologies IPO Registrar

KFin Technologies Private Limited
E-mail: cmr.ipo@kfintech.com
Website: www.kfintech.com
Phone: +91 406-716-2222

Company Contact Details

Unit no. 802-803,
8TH Floor, SSR Corporate Park,
Sec 27 B, Faridabad,
Haryana – 121003
Website: www.cmr.co.in

Leave a Comment