National, May 29, 2026: CMR Green Technologies Limited will open its Initial Public Offering (IPO) for subscription on June 3, 2026, with the issue set to close on June 5. The Anchor Investor bidding window will open and close on June 2.
The company has fixed the price band at ₹182 to ₹192 per equity share. Eligible employees applying under the reserved category will receive a discount of up to ₹18 per share. Investors can bid for a minimum of 78 equity shares and in multiples thereafter.
The IPO is entirely an Offer for Sale (OFS) of up to 32.85 million equity shares by promoter, promoter group, and investor selling shareholders. The offer also includes a reservation portion worth up to ₹25 million for eligible employees.
The equity shares are proposed to be listed on BSE Limited and National Stock Exchange of India Limited. The issue is being conducted through the Book Building Process in compliance with SEBI regulations, with allocations reserved for Qualified Institutional Buyers (QIBs), retail investors, non-institutional investors, and employees.
ICICI Securities Limited, Motilal Oswal Investment Advisors Limited and Equirus Capital Limited are acting as the Book Running Lead Managers to the issue.
