About
CMR Green Technologies Limited is a non-ferrous metal recycling company engaged in processing, manufacturing and selling recycled aluminium alloys in ingot and liquid form, zinc alloy ingots, aluminium billets, dross, and segregated furnace-ready scrap of metals such as stainless steel, copper, brass, zinc, lead and magnesium. The company generates revenue primarily from the sale of these recycled metal products, with a significant presence in the automotive sector, particularly in aluminium cast alloys. It operates a network of recycling and manufacturing facilities across India and supplies products to customers located in major automotive and industrial clusters. The company also recycles used beverage can scrap and converts metal waste into value-added products, supporting circular resource use. According to the RHP, it is among the largest aluminium recyclers by installed capacity and has joint ventures with global partners, which support its manufacturing and recycling operations.
IPO schedule
| Issue open date | 2026-06-03 |
| Issue close date | 2026-06-05 |
| UPI mandate deadline | 2026-06-05 (5 PM) |
| Allotment finalization | 2026-06-08 |
| Refund initiation | 2026-06-09 |
| Share credit | 2026-06-09 |
| Listing date | 2026-06-10 |
| Mandate end date | 2026-06-20 |
| Lock-in end date for anchor investors (50%) | 2026-07-07 |
| Lock-in end date for anchor investors (remaining) | 2026-09-05 |
Financials
| Financial Year Ended | March 2024 | March 2025 | December 2025 |
| Total Assets | 2194.41 | 2815.86 | 3650.58 |
| Revenue | 5968.44 | 6696.66 | 6291 |
| Profit After Tax | -838.56 | 155.04 | 162.39 |
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 630.88 |
| Offer for sale - Proceeds go to the existing investors | 630.88 |
Strengths
- Leading non-ferrous metal recycler in India by installed capacity, with the highest revenue market share in the secondary aluminium market as of FY2025.
- Strong position in liquid aluminium alloy supply, supported by specialised infrastructure and long operating experience.
- Wide manufacturing footprint across India, serving customers in major automotive and industrial clusters.
- Diverse product portfolio including recycled aluminium alloys, zinc alloys, aluminium billets, dross and recycled metal scrap.
- Strategic joint ventures with global Japanese partners, strengthening its manufacturing and recycling capabilities.
Risks
- A significant portion of revenue comes from a limited number of customers, and losing key customers could impact the business.
- The company has limited diversification across products and customers, increasing dependence on certain revenue streams.
- The business is exposed to fluctuations in raw material prices and foreign exchange rates due to imported scrap purchases.
- The company operates in a competitive recycled metals industry, and failure to compete effectively could affect performance.
- The company enters into related-party transactions, and there is no assurance that such transactions are always on the most favourable terms available.
Allotment Status for CMR Green Technologies
To check your IPO allotment status:
- Visit the Kfin Technologies IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.