CMR Green Technologies IPO
Open Date
3 Jun 2026
Close Date
5 Jun 2026
Open Date
3 Jun 2026
Close Date
5 Jun 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2005
CEO
Akshay Agarwal
Financials of Cmr Green Technologies IPO
| Key Performance Indicators | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Operating Revenue | 5,868.51 | 5,952.44 | 6,666.49 |
| Other Income | 21.39 | 16.00 | 30.18 |
Total Income | 5,889.90 | 5,968.44 | 6,696.66 |
Total Expenses | 5,751.70 | 5,838.39 | 6,486.67 |
| Profit Before Tax | 137.88 | -1,110.09 | 205.06 |
Total Profit | 104.51 | -838.56 | 155.04 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company is conducting an offer for sale of equity shares by the selling shareholders to provide liquidity to existing shareholders through divestment of their holdings. | - |
| The company aims to list its equity shares on stock exchanges to enhance visibility and brand image while providing a public market for equity shares in India. | - |

- Leading recycler in the domestic aluminium recycling industry with significant entry barriers: The company is the leading non-ferrous metal recycler in terms of installed capacity as of March 31, 2025 with highest market share in Indian secondary aluminium market. The company has capacity advantage of around 4 times of nearest competitor with revenue growth CAGR of around 23% from FY2007 to FY2025.
- Key supplier of liquid aluminium alloy: The company commenced liquid aluminium supplies since 2008 with manufacturing facilities adjacent to customer premises. Liquid delivery offers 6-7% savings compared to solid ingots and the company saved approximately 61.20 million kilograms of greenhouse gas emissions in nine months ended December 31, 2025.
- Strong and diversified supplier base for sourcing raw materials: The company procures metal scrap from around 198 global suppliers from 73 countries for Fiscal 2025. The company has decade-long relationships with suppliers enabling favorable terms and better discounts while maintaining geographically diverse base for competitive pricing.
- Long-standing relationships with customers: The company has established long-term relationships with customers comprising Tier 1 companies and OEMs, with some relationships spanning more than 16-19 years. Revenue from repeat customers represents 96.23% of total revenue for nine months ended December 31, 2025.
- Strategic alliances through joint ventures: The company has joint ventures with Toyota Tsusho Corporation (since 2012), Nikkei MC Aluminium (since 2012) and Nippon Light Metal (since 2025). The company is the only domestic peer to have multiple Joint Ventures with global Japanese players.
- Advanced facilities, technology, quality processes and engineering expertise: The company operates 13 strategically located recycling facilities with combined installed capacity of 615,150 MTPA as of March 31, 2026. The company maintains low defect rate of 0.07% for nine months ended December 31, 2025 with extensive quality control mechanisms.
- Experienced and qualified management team with people focused culture: The company has experienced management team with Chairman and Managing Director having over 31 years of experience in aluminium alloys recycling industry. The company is ranked 60th 'Great Place To Work' in mid-sized companies in India for 2025.
- Environment friendly business supported by green technologies and ESG focus: The company has 6th highest score as per S&P Global Corporate Sustainability Assessment amongst aluminium industry companies. The company saved 1.13 million MT of bauxite, 799.27 million MT of carbon dioxide emissions during nine months ended December 31, 2025.

