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CMR Green Technologies IPO GMP Today: Grey Market Premium Jumps, Listing Gains in Focus

The IPO of CMR Green Technologies has become one of the most talked-about public issues this week, with strong investor interest and a healthy grey market premium (GMP) boosting sentiment ahead of the share allotment.

According to market sources, the company's shares are currently commanding a GMP of around ₹70 in the unofficial market. Based on the upper price band of ₹192 per share, this indicates a potential listing price near ₹262, translating into an estimated premium of about 36-37%.

The ₹630.88 crore IPO opened for subscription on June 3 and closed on June 5. The issue received a positive response from investors across categories, reflecting confidence in the company's position within India's growing metal recycling industry.

CMR Green Technologies is a leading player in the non-ferrous metal recycling sector. The company primarily manufactures recycled aluminium products that are widely used by automotive and industrial customers. As demand for sustainable manufacturing and recycled materials continues to rise, many investors see the company as a beneficiary of this long-term trend.

Another factor supporting investor confidence is the strong participation from anchor investors before the IPO opened. Several institutional investors participated in the anchor round, helping the company raise nearly ₹188 crore.

Market experts, however, caution investors against relying solely on GMP while evaluating an IPO. Grey market premiums are unofficial and can change rapidly depending on market conditions. While a strong GMP often indicates positive sentiment, actual listing performance may differ.

Investors are now closely watching the allotment process and expected listing on the stock exchanges. If current grey market trends continue, CMR Green Technologies could witness a strong debut, although broader market conditions will also play a crucial role on listing day.

With robust subscription demand, healthy institutional participation, and a strong GMP, CMR Green Technologies remains one of the most closely watched IPOs of June 2026.