CMR Green Technologies IPO: Big Preparations for Non-Ferrous Metal Recycler
Waiting for a new IPO is always an emotional and exciting moment for every investor. Whenever a strong and reputed company comes with its Initial Public Offering in the market, both curiosity and confidence are generated among the investors. Similarly, now CMR Green Technologies IPO has once again made headlines. This Haryana-based company has come with a new strategy for its IPO, which can be very important for the market and investors.
The complete structure of CMR Green Technologies IPO
The complete structure of CMR Green Technologies IPO is completely different this time. This IPO will be completely an offer-for-sale (OFS), in which the company itself will not raise any fresh funds. This means that the money that will come through the IPO will go directly to the selling shareholders, not to the company.
In this IPO, Global Scrap Processors, which holds 13.05% share of the company, will sell its stake. The remaining 86.95% share is still with the promoters. In this way, the entire fund will go to the promoters and investors through OFS. The company will not invest any money from this IPO directly in its own business.
Earlier filings and SEBI approval

This is not the first time papers have been filed for CMR Green Technologies IPO. Earlier in September 2021, the company had filed its draft which had a combination of both fresh issue and OFS. At that time the company had planned 3.34 crore OFS shares along with fresh shares worth 300 crore. SEBI also approved this plan in February 2022, but the IPO could not be launched within a year.
Now on August 29, 2025, the company has again filed its papers with SEBI, but this time the entire IPO is based on an OFS model.
CMR Green Technologies business model and market position
CMR Green Technologies IPO is also special for investors today because this company is the market leader in its sector. The company has the largest share in the secondary aluminium market and in terms of revenue, it has moved ahead of its peers in fiscal 2025.
The company makes recycled aluminium alloys which are available in ingot and liquid form. It also produces zinc alloy ingots and various types of furnace-ready scrap materials, which include stainless steel, copper, brass, zinc, lead and magnesium.
The company also supplies aluminium billets for the automobile sector and there is a lot of demand for it in the non-automotive sector as well.
Financial performance that brings hope for investors
If we look at the financials, CMR Green Technologies IPO paints a positive picture for investors. In fiscal year 2025, the company recorded a profit of 155 crores, while in the previous year the company had a loss of 838.6 crores. This loss was due to an exceptional item, in which there was a loss of 1,239.6 crores.
The revenue numbers are also impressive. “During Fiscal 2025, the company’s revenue increased by 12% to ₹ 6,666.5 crore, whereas last year it was ₹ 5,952.4 crore. This steady growth shows that the company has handled its operations in an excellent manner and has taken full advantage of the market demand.”
Competition and market dynamics

CMR Green Technologies IPO also has competitors in the market like Pondy Oxides and Chemicals, Gravita India and Baheti Recycling Industries. But CMR Green’s revenue share and growth trajectory are different from it. The company started its journey in 2005 and today it has become a strong brand that builds trust and confidence for investors.
IPO advisors and merchant bankers
The company has appointed big merchant bankers to handle this IPO. Reputed names like Equirus Capital, ICICI Securities and Motilal Oswal Investment Advisors will bring this IPO to the market. This makes it clear that the company has planned every professional step for its IPO in the right manner.
What is the message for investors?

Whenever an OFS based IPO comes in the market, it is important for investors to understand that the funds of that IPO will not be used directly in the company’s operations. But this does not mean that the IPO is weak. CMR Green’s strong financials, market share and sustainable recycling business model make this IPO a solid opportunity.
For those who believe in metal recycling, sustainability and long-term growth potential, CMR Green Technologies IPO can be a worth-watching option.
Disclaimer:
This article is for informational purposes only. I am not giving any kind of financial advice or stock recommendation. Investors should take investment decisions only after consulting their financial advisor.
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