Mumbai: Aluminium and non-ferrous metal recycling company CMR Green Technologies has announced its ₹630-crore initial public offering (IPO), with a price band of ₹182-192 per equity share of face value ₹2.
The IPO will open on June 3 and close on June 5, 2026.
The issue, the first major IPO after a month-long lull in the primary market, is entirely an offer for sale (OFS) by promoter shareholders and investors.
With an estimated 45 per cent market share in aluminium recycling, the Haryana-based company serves major OEMs and Tier-1 automotive component manufacturers, including Honda Cars India, Bajaj Auto, Hero MotoCorp, Royal Enfield, Endurance Technologies, Maruti Suzuki and Jindal Stainless.
Meanwhile, the Securities and Exchange Board of India has approved the IPO proposals of Renny Strips, Krishna Buildspace and Rodec Pharma.
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