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Cmr Green Technologies Ipo


CMR Green Technologies IPO Review & Key Points

  • Review: May Apply

Objects of the Issue & Utilisation of proceeds

  • NA

IPO Lead Managers aka Merchant Bankers

  • Equirus Capital Pvt. Ltd.

  • ICICI Securities Ltd.

  • Motilal Oswal Investment Advisors Ltd.

Name of the Company Face Value (₹) EPS basic (₹)  EPS Diluted (₹) RONW (%) P/E Ratio NAV (₹)
Powerica Limited 5 15.26  15.26 15.37 %  24.45 99.76
Listed Peers
Cummins India Limited 2 72.15  72.15 26.45% 64.13  272.78
Kirloskar Oil Engines Limited 2 33.71 33.60 15.85% 43.24 212.60
NTPC Green Energy Limited 10 0.67 0.67 2.58% 129.40 21.88
Acme Solar Holdings Limited 2 4.55 4.53 5.59% 50.74  74.54
Adani Green Energy Limited 10 8.37 8.37 11.90%  101.53  76.62

IPO Open DateJune 3, 2026
IPO Close DateJune 5, 2026
Face Value₹2 Per Equity Share
IPO Price Band₹182 to ₹192 Per Share
Issue SizeApprox ₹631 Crores
Offer for Sale:Approx 3,28,58,323 Equity Shares
Issue TypeBook Build Issue
IPO ListingBSE, NSE
DRHP Draft Prospectus
RHP Draft Prospectus

ApplicationLot SizeSharesAmount
Retail Minimum178₹14,976
Retail Maximum131,014₹1,94,688
S-HNI Minimum141,092₹2,09,664
S-HNI Maximum665,148₹9,88,416
B-HNI Minimum675,226₹10,03,392

Investor CategoryShare Offered-% Shares
Anchor Investor98,14,393 Shares29.87%
QIB (Ex. Anchor)65,42,929 Shares19.91%
NII Shares Offered49,07,197 Shares14.93%
Retail Shares Offered1,14,50,126 Shares34.85%

Anchor Bidding DateJune 02, 2026
Anchor Investors List
Shares Offered98,14,393 Shares
Anchor Size188.44 Cr.
lock-in period end date 50% shares (30 Days) July 30, 2026
lock-in period end date 50% shares (90 Days) Sep 28, 2026

IPO Open Date:June 3, 2026
IPO Close Date:June 5, 2026
Basis of Allotment:June 8, 2026
Refunds:June 9, 2026
Credit to Demat Account:June 9, 2026
IPO Listing Date:June 10, 2026
IPO Bidding Cut-off Time:June 5, 2026 – 5 PM

ParticularShares% Share
Promoter Holding Pre Issue21,90,55,48986.95%
Promoter Holding Post Issue21,90,55,48984%

Period EndedRevenueExpensePATAssets
2023₹5,889.90₹5,751.70₹104.51₹3,351.66
2024₹5,968.44₹5,838.39₹838.56₹2,194.41
2025₹6,696.66₹6,486.67₹155.04₹2,815.86
Dec 2025₹6,291.00₹6,074.51₹162.39₹3,650.58

KPIValues
ROE:-%
ROCE:-%
EBITDA Margin:4.56%
PAT Margin:2.32%
Debt to equity ratio:
Earning Per Share (EPS):₹6.50 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):31.08%
Net Asset Value (NAV):₹20.93

CompanyEPSPE RatioRoNW %NAVIncome
Pondy Oxides and Chemicals Limited13.6082.709.79%210.822,059.16 Cr.
Gravita India Limited45.1139.7615.06%280.443,980.61 Cr.
Baheti Recycling Industries Limited17.3732.6930.46%57.02524.54 Cr.
Jain Resource Recycling Limited7.1176.2030.55%22.446,465.44 Cr.

Period Ended Revenue Expense PAT Assets
2023 ₹184.81 ₹154.97 ₹32.10 ₹251.58
2024 ₹206.45 ₹175.85 ₹34.44 ₹339.25
2025 ₹322.58 ₹261.43 ₹28.13 ₹455.49
Dec 2025 ₹236.50 ₹186.96 ₹38.69 ₹561.34

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