CMR Green Technologies, India's largest non-ferrous metal recycling company, is concluding its IPO subscription with strong investor interest. The issue has attracted robust demand, notably from non-institutional investors, and is accompanied by a 37% grey market premium, indicating expectations of a positive listing. Analysts have highlighted the company's leadership and sustainability focus as strengths, while also pointing out risks such as customer concentration. The IPO's performance is being closely monitored by investors anticipating potential listing gains, reflecting confidence in the company's market position and growth prospects within the recycling industry. CMR Green Technologies' IPO is on its final subscription day with a strong grey market premium. The issue has seen robust investor demand, particularly from non-institutional investors.
CMR Green Technologies IPO sees strong demand with 37% grey market premium
by Riddra Markets Desk · 5 June 2026
Updated 6 Jun 2026, 9:48 pm
Strong IPO demand and grey market premium highlight investor confidence in India's recycling sector.