CMR Green Technologies IPO

CMR Green Technologies, also recognized as CMR Group, is preparing for its forthcoming Initial Public Offering (IPO), expected to launch in the near future, although the exact date is yet to be confirmed. The CMR Green Technologies IPO is poised to secure substantial funds, estimated at approximately ₹[.] crores. The financial endeavor encompasses a fresh issue of ₹300 crores and an offer for sale of up to 33,414,138 equity shares, each priced at ₹2. The IPO subscription allocation is projected at 10% for retail investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs).

Operational under the umbrella of CMR Group, CMR Green Technologies holds a prominent position as a leading manufacturer of Aluminium and Zinc die-casting alloys in India. With an aggregate annual production capacity of approximately 310,700 MT, the journey began in 2006 with its debut plant near New Delhi in Tatarpur. The company has grown to 12 manufacturing sites, with ten of them dedicated to aluminum recycling. Notably, a 12th plant specializing in the recycling of End-Of-Life-Vehicles (ELVs) through disassembly, shredding, and part sorting was built in Gujarat in 2020.

Serving key sectors like automotive and engineering, the company’s clientele includes renowned names such as Maruti Suzuki, Toyota, Hero Moto Corp, and Rockman. Holding certifications like ISO 14001, TS16949, 45001, and OHSAS 18001 highlights CMR Group’s dedication to Research & Development. Employing both direct molten metal supply and road transportation, the company ensures efficient service delivery to customers.

Investors can stay informed about the CMR Green Technologies IPO’s progress, subscription status, and allotment details through the company’s dedicated pages.

Objects of the Issue: #

• Repayment / prepayment, in full or in part, of certain borrowings availed by the Company..
• Funding long-term working capital requirements.
• General corporate purposes.

CMR Green Technologies IPO Date & Price Band #

CMR Green Technologies IPO Market Lot #

The CMR Green Technologies IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

IPO Allotment & Listing Dates #

The CMR Green Technologies IPO date is 2023 and the close date is 2023.

Company Financial Report #

IPO Valuation – FY2021 #

Check CMR Green Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Company Promoters #

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

IPO Registrar #

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: cmr.ipo@kfintech.com
Website: https://karisma.kfintech.com/

IPO Lead Managers #

• ICICI Securities Limited (Past IPO Performance)
• Axis Capital Limited (Past IPO Performance)
• JM Financial Consultants Private Limited (Past IPO Performance)

Company Address #

CMR Green Technologies Ltd
Unit Nos. 802-803,
8th Floor, SSR Corporate Park,
Sector 27 B, Faridabad 121 003
Phone: +91 129 422 3050
Email: complianceofficer@cmr.co.in
Website: https://www.cmr.co.in/

FAQs #

When is the IPO date for CMR Green Technologies? #

CMR Green Technologies’ IPO date has not yet been set.

What details are covered in the CMR Green Technologies IPO review? #

The review covers various aspects such as IPO price, lot size, financial results, valuations, and IPO allotment status.

Where can I find the latest Grey Market Premium (GMP) and Kostak Rates for IPOs? #

You can find the latest Grey Market Premium (GMP) and Kostak Rates for IPOs on platforms that provide such information.

What procedures must be followed while bidding for CMR Green Technologies’ initial public offering? #

The steps typically involve selecting the IPO, entering your UPI ID, specifying the quantity and price, and then submitting the bid.

Is there a specific way to calculate the estimated listing price using Grey Market Premium (GMP)? #

The calculation involves adding the Grey Market Premium (GMP) rate to the IPO price to estimate the listing price.

Is there a method to estimate the potential performance of CMR Green Technologies IPO? #

Assessing factors like valuations, financial results, and market trends can provide insights into the potential performance of the IPO.

What is the significance of Kostak Rates in the IPO market? #

Kostak Rates are the premiums that an investor pays to a current shareholder in exchange for guaranteed allotment of IPO shares.

How can I stay updated about the latest IPO news and investment opportunities? #

To stay updated, follow reputable financial news sources, investment platforms, and stock market websites.

Please keep in mind that for more accurate and up-to-date information, please consult official sources and sites.