CMR Green Technologies lists at 43% premium in 2026

Overview of CMR Green Technologies’ stock market debut

CMR Green Technologies made a strong entry on the Indian stock exchanges on Wednesday, June 10, 2026, after completing its initial public offering (IPO). The company, described as a non-ferrous metal recycler and secondary aluminium producer, listed at a sizable premium to the IPO issue price. Early trading indicated upbeat sentiment, though the stock also saw some profit-taking soon after listing. The debut mattered because it came with investor interest that had already been reflected in heavy IPO demand. It also provided a real-world check on grey market expectations that had pointed to a lower listing premium.

Listing prices on BSE and NSE

On the BSE, CMR Green Technologies shares started trading at ₹275.40 apiece, a premium of ₹83.40 over the issue price of ₹192. This translates to a 43.44% listing gain versus the IPO price. On the NSE, the stock opened at ₹268 per share, which is 39.58% above ₹192. The article also noted that in the pre-opening session, the stock settled at ₹275.40 on the BSE, matching the opening print and the 43.44% premium calculation. Taken together, the two exchanges showed a strong first print, with the BSE opening marginally higher than the NSE.

Early trade: gains moderate after a strong start

After the initial pop, CMR Green Technologies shares gave up part of the early gains. Around 10:10 am, the stock was cited as trading at approximately ₹255. Another update in the provided text also referenced a decline to about ₹258 on the BSE after listing. These moves still left the stock trading well above the ₹192 issue price, but they highlighted the typical volatility seen on listing day, especially after a sharp premium opening.

IPO size and structure: ₹630.88 crore offer-for-sale

CMR Green Technologies raised ₹630.88 crore through its IPO, according to the article. The public offer was entirely an offer-for-sale (OFS) of up to 3.28 crore equity shares (32,858,323 shares were also referenced in the details). Since it was an OFS, the proceeds would go to selling shareholders rather than into the company as primary capital in the same way a fresh issue would. The IPO was a book-built mainboard issue and the shares were listed on both the BSE and the NSE.

Issue price, price band, and key IPO terms

The IPO price band was ₹182 to ₹192 per share, with the final issue price set at ₹192. The minimum order quantity was stated as 78 shares. The issue also included an employee reservation of up to 1,43,678 shares, offered at a discount of ₹18 to the issue price. These details set the benchmark for measuring listing performance. With an issue price of ₹192, the BSE opening at ₹275.40 and NSE opening at ₹268 implied a clear listing gain for allotted investors at the start of trading.

Grey market premium (GMP) versus actual listing

The debut exceeded grey market expectations cited in the article. Ahead of listing, the grey market premium (GMP) for CMR Green Technologies’ unlisted shares was mentioned at ₹67. Using the upper issue price of ₹192, that indicated an expected listing level of around ₹259, or a GMP-implied premium of 34.90%. The actual BSE opening at ₹275.40 represented a higher gain than the indicated grey market level, and the text also noted the listing gain was above the anticipated 35% premium.

Subscription demand: IPO saw heavy bidding

Investor interest was also reflected in the subscription numbers mentioned in the provided content. One section stated the IPO received overall bidding of more than 127 times. While the article excerpt does not break down subscription by category, the overall figure underscores strong demand leading into listing day. That level of subscription often raises market expectations for a listing pop, which was visible in the opening prints on both exchanges.

Timeline of the IPO and listing

The IPO opened for subscription on June 3, 2026 and closed on June 5, 2026. The basis of allotment was expected to be completed on June 8, 2026. The tentative listing date was June 10, 2026, which is when the stock made its debut on both the NSE and BSE. This schedule aligns with the standard mainboard IPO process, moving from subscription to allotment and then to listing within about a week.

Key facts snapshot

Market impact and what investors tracked on debut day

The listing day price action provided two clear signals from the facts in the article. First, the opening premium suggested strong demand carried over from subscription and pre-open discovery to the live market. Second, the pullback toward about ₹255-₹258 within the first hour indicated selling pressure after the initial gap-up, a common pattern when listing gains are steep. The most concrete reference point remained the issue price of ₹192, and even after the early dip the stock was still trading above that level.

Conclusion

CMR Green Technologies began trading on June 10, 2026 at a premium of about 40%-43% versus its ₹192 IPO price, beating the grey market estimate cited in the article. After the strong open, the stock eased from the day’s early levels, highlighting listing-day volatility. The next datapoints investors typically watch after such debuts are the stock’s ability to hold above the issue price through the session and subsequent trading days, and any further company filings and exchange disclosures following the listing.