CMR Green Technologies
India's largest aluminium recycler; aluminium & zinc die-casting alloys.
Last updated 6 Aug 2026, 9:21 am IST
- Price band
- ₹182 – ₹192
- Lot size
- 78 shares
- Issue size
- ₹631 Cr (pure OFS)
- Opens
- 3 Jun 2026
- Closes
- 5 Jun 2026
- Exchange
- Both
The numbers
- GMP
- ₹71 (~37%)
- Subscription
- 127.07×
- Listing gain
- +43% (BSE) / +40% (NSE)
- Listing date
- 10 Jun 2026
- Model prediction
- Listing ~ +37% (GMP-implied)
Anil Singhvi's take
Must apply — good listing gains and long-term; low-risk investors keep a stop-loss below the issue price after listing.
View on X →The Ticker Tales take
India's largest aluminium recycler came cheap for a pure-OFS issue, drew a blockbuster 127× subscription, and Anil Singhvi's 'must apply' call played out — it listed ~43% up on BSE (~40% NSE), beating its ~37% GMP. He flagged keeping a stop-loss below the issue price for the longer haul.
More details
- Risks
- Pure OFS (no fresh capital); aluminium-price cyclicality; auto-OEM client concentration
- Promoters
- Mohan Lal Agarwal & family
- Strengths
- India's largest aluminium recycler; 13 plants; JVs with Toyota Tsusho, Nikkei MC & Nippon Light Metal
- Anil source
- @AnilSinghvi_ X review video (5 Jun)
- Subscription detail
- QIB 270.46x · NII 172.35x · Retail 27.08x
- Anil Singhvi - Long-term call
- Subscribe (long term)
- Anil Singhvi - Listing-gain call
- Reasonable listing gains
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.