Hello viewers, today we have come with the latest update regarding CMR Green Technologies IPO. If you are interested to acquire IPO shares with a profit margin. Then, you just need to be aware of Company’s upcoming plans regarding IPO date, Price, Form & Market lot size. According to the sources, the company soon issues its IPO shares publicly. The company hasn’t revealed the opening date of issuing shares or closing date. So, we could estimate exactly how much fund they want to raise through IPO shares.
Although, the corporation has decided to issue fresh shares of ₹300 crores and offer for sale up to 33,414,138 equity shares of ₹2 each. The benefit for retail investors would be 10% while QIB and HNI get 75% and 15%.
CMR Green Technologies IPO Review & All Details
Now, we are going to discuss the company’s important details and its background. CMR Green Technologies is India’s preferred producer of Aluminium and Zinc die-casting alloy.
The company has usually a combined annual production capacity of over approx 310,700 MT. They have gained experience in this market for a long period.
According to the sources, the company was initiated in 2006 by launching its first plant in Tatarpur, which is located in New Delhi.
There is 12 manufacturing unit are working under the company. Along with it, they have organized the 12th plant in Gujarat in the year 2020. Check IPO details of CMR Green Technologies below.
CMR Green Technologies IPO Date, Price Band, & GMP
| IPO Opening Date | 2022 |
| IPO Closing Date | 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | [.] to [.] per equity share |
| Market Lot | N/A |
| Min Order Quantity | N/A |
| Listing At | BSE, NSE |
| Issue Size | N/A |
| Fresh Issue | [.] Eq Shares of ₹2 (aggregating up to ₹300.00 Cr) |
| Offer for Sale | 33,414,138 Eq Shares of ₹2 (aggregating up to ₹[.] Cr) |
CMR Green Technologies IPO Market Lot Size
TheCMR Green Technologies IPO minimum market lot size is – shares with the ₹-application amount. The retail investors can apply up to 13 lots-share with the ₹-application amount.
| APPLICATION | LOTS | SHARES | AMOUNT (CUT-OFF) |
|---|---|---|---|
| Minimum | 1 | – | – |
| Maximum | 13 | – | – |
CMR Green Technologies IPO Date, Time Table, Allotment & Listing
CMR Green Technologies IPO Open Date is 2022, and the close date is 2022. The issue may list in 2022.
| IPO Open Date | 2022 |
| IPO Close Date | 2022 |
| Basis of Allotment Date | 2022 |
| Initiation of Refunds | 2022 |
| The credit of Shares to Demat Account | 2022 |
| IPO Listing Date | 2022 |
CMR Green Technologies Company Financial Report
| ₹ in crores | |||
| Income | Expense | Profit After Tax | |
| 2019 | ₹0.01 | ₹0.02 | -₹0.01 |
| 2020 | ₹- | ₹0.01 | -₹0.01 |
| 2021 | ₹2927 | ₹2647 | ₹280.18 |
Since CMR Green Technologies hasn’t revealed further information regarding issuing of shares, we couldn’t get you any review. We have to wait until they will announce the opening date of issuing shares. Till then, For further updates and fresh reviews of IPO shares keep following us on our official site All Social Updates.