Highlights

  • Fresh issue of equity shares aggregating to ₹300 crore
  • A pre IPO placement maybe considerd for an amount aggregation up to ₹ 600.00 million (60 crore) for cash.

incorporated in New Delhi, 2005 as Grand Metal Industries Private Limited.

It currently operates through 12 manufacturing facilities. Out of which 10 are aluminium recycling operations targeted towards the automotive manufacturing sector in India and overseas.

Objective of the Issue

  • To repay certain debts
  • For general corporate purposes

Competitive strengths

Risk Factor

  • Limited number of customers for significant portions of our revenues and heavily dependent on the automotive sector.
  • The company do not have any long agreements with their customers.
  • High degree of competitiveness. (As per the CRISIL Report, the metal recycling industry is highly fragmented and unorganised, with most companies being run as family enterprises/proprietorships having regional presence.)
  • Urgo Capital has initiated legal proceedings against the company

CMR Green Technologies IPO Details, Price, Market Lot

CMR Green Technologies IPO Details
IPO Open Datewill be updated
IPO Close Datewill be updated
IPO Issue Size
Fresh Issue₹300 crore
Offer for Sale33,414,138 equity shares
Retail PortionNot more than 10% of the Offer
NII PortionNot more than 15% of the Offer
QIB PortionNot less than 75% of the Offer
Listing AtNSE, BSE
CMR Green Technologies IPO Price
Face Value₹2
IPO Price Band
Employee Discount
IPO Issue Type



CMR Green Technologies IPO Market Lot
No. of Shares Per Lotwill be updated
Minimum Lot Sizewill be updated
Maximum Lot Sizewill be updated
Minimum Amount (Cut-off price)will be updated
Maximum Amount (Cut-off price)will be updated

CMR Green Technologies IPO Date, Listing Date, Allotment Date

CMR Green Technologies IPO Time Table (Tentative)
IPO Open Datewill be updated
IPO Close Datewill be updated
Basis of Allotment Datewill be updated
Initiation of Refundswill be updated
Credit of Share to Demat Accountwill be updated
IPO Listing Datewill be updated



Financial Report




YearTotal Assets
(₹ in Million)
Total Revenue
(₹ in Million)
Profit After Tax
(₹ in Million)
31 March 2019395.300.070.49
31 March 20201,216.651.23
31 March 202129,246.1929,272.96407.29

Company Promotor

GAURI SHANKAR AGARWAL, MOHAN AGARWAL, KALAWATI AGARWAL, PRATIBHA AGARWAL are the promoter’s of CMR Green Technologies.

Top shareholders of CMR Green Technologies

 

 

ShareholderEquity Shares (%)
Grand Metal Recycling Private Limited20.91
Global Scrap Processors Limited13.42
Suvridhi Financial Services Limited11.92
Mohan Agarwal10.31
Gauri Shankar Agarwala8.72
Sanjivani Non Ferrous Trading Private Limited8.72
Pratibha Agarwal6.99
Forever Multimedia Private Limited6.54
Kalawati Agarwal5.19

 

IPO Promotors Holding

Pre Issue Promotor’s Holding
Post Issue Promotor’s Holding

Company Address

Unit Nos. 802-803, 8th Floor, SSR Corporate Park, Sector 27 B, Faridabad 121 003, Haryana, India

  • Telephone: +91 129 422 3050
  • E-mail: complianceofficer@cmr.co.in
  • Website: www.cmr.co.in

IPO Registrar, Lead Manager, Prospectus

CMR Green Technologies IPO Prospectus
CMR Green Technologies IPO Registrar
KFin Technologies Private Limited

  • E-mail: cmr.ipo@kfintech.com
  • Website: www.kfintech.com
  • Telephone: +91 40 6716 2222
CMR Green Technologies IPO Lead Manager
  • ICICI Securities Limited
  • Axis Capital Limited
  • JM Financial Limited



CMR Green Technologies IPO Review (Apply or Avoid)

Brokerage Firm’s Review
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FAQ

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