CMR Green Technologies IPO Opens Today: Should You Subscribe Or Skip?

India’s primary market is heating up as the CMR Green Technologies IPO opens today with a price band of ₹182-₹192 and closes on June 5. In this discussion, Business Today TV’s Sakshi Batra discussed with Pawan, Business Today TV, whether CMR Green Technologies' strong industry positioning and anchor investor confidence outweigh the operational and margin-related challenges, and whether the IPO offers a compelling opportunity for investors. This ₹631 crore pure Offer for Sale has already received strong anchor backing from Goldman Sachs, BNP Paribas, SBI Mutual Fund, HDFC Mutual Fund, and other institutional investors. As India’s largest non-ferrous metal recycler, the company converts scrap into alloys mainly supplied to Maruti Suzuki, Bajaj Auto, Hero MotoCorp, and Honda. While market leadership, industry tailwinds, and attractive valuations are positive, thin profit margins below 3%, commodity price volatility, and capital-intensive operations remain key risks.