CMR Green Technologies Share Price Slips Near Lower Circuit After Bumper Listing at 43% Premium — Should You Hold or Book Profits?

CMR Green Technologies share price: BSE listing Rs 275.40 (+43.44%); NSE listing Rs 268 (+39.58%). NSE CMP Rs 241.20 = LOWER CIRCUIT HIT. Open Rs 268, High Rs 268.96, Low Rs 241.20. Issue price (prev close) Rs 192. Issue size Rs 630.88 Cr (100% OFS). Subscription: 127.04x. FY25 PAT Rs 155 Cr. MCap ~Rs 5,500-5,900 Cr.

The CMR Green Technologies share price made a spectacular stock market debut on Wednesday, June 10, 2026, listing at Rs 275.40 on the BSE, a 43.44% premium over the IPO issue price of Rs 192. On the NSE, the CMR Green Technologies share price opened at Rs 268, reflecting a 39.58% listing gain. However, as is common with heavily subscribed IPOs that list at large premiums, profit booking set in quickly, with the NSE price crashing to the lower circuit limit of Rs 241.20, exactly 10% below the listing price. Despite the intraday pullback, the CMR Green Technologies share price remains approximately 31-43% above the IPO price of Rs 192, keeping all allottees in profitable territory. The critical question for investors now: hold for medium-term potential, or lock in these listing gains?

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CMR Green Technologies Share Price: Listing Day Data

Why Is CMR Green Technologies Share Price Falling Post-Listing?

The CMR Green Technologies share price pullback from listing highs is primarily driven by profit booking from short-term IPO applicants. With 127.04 times overall subscription, a significant portion of the applicant pool included traders and HNIs who applied exclusively for listing gains and are now exiting. The 100% OFS structure of the IPO is a critical factor investors should weigh: since the entire Rs 630.88 crore raised in the IPO went to selling shareholders (promoters and investor Global Scrap Processors), no fresh capital flows to the company for growth or operations. This reduces the near-term fundamental catalyst for the CMR Green Technologies share price once the listing premium normalises.

Should You Hold CMR Green Technologies Shares?

For IPO Allottees

If you received CMR Green Technologies share price allotment at Rs 192, you are currently sitting on gains of 25.6% (at Rs 241.20 lower circuit). The stock is locked in lower circuit, meaning sell orders cannot be executed at current prices until the circuit releases. A partial profit booking strategy when the circuit releases locking in 25%+ gains at current levels is prudent given the typical post-listing volatility. Hold the remaining portion if you believe in the secondary aluminium recycling growth story over a 2-3 year horizon.

For Fresh Investors

At Rs 241.20, the CMR Green Technologies share price implies a market capitalisation of approximately Rs 5,270 crore. At FY25 PAT of Rs 155 crore, this is a P/E of approximately 34x, which is a reasonable but not a compelling valuation for a recycling/secondary aluminium business without a higher-growth premium. Fresh investors should wait for the stock to stabilise post-listing volatility and assess Q1 FY27 results for revenue and margin sustainability before entering.

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About CMR Green Technologies

CMR Green Technologies is one of India’s largest non-ferrous metal recyclers and secondary aluminium producers, headquartered in Faridabad, Haryana. The company processes automotive and industrial scrap into secondary aluminium alloys used in the automobile sector. Revenue for FY25 stood at Rs 6,696.66 crore, and the company returned to profitability with PAT of Rs 155.04 crore after a Rs 838.56 crore loss in FY24, representing a sharp operational turnaround. The business operates in the circular economy space, which benefits from India’s growing automotive production and rising demand for sustainable raw materials.

Conclusion

The CMR Green Technologies share price has delivered a 43% listing gain from the IPO price of Rs 192, but the post-listing profit booking is bringing the price toward Rs 251-254 on NSE, approaching the lower circuit of Rs 241.20. IPO allottees should consider partial profit booking to lock in gains. Long-term investors should focus on FY27 earnings progression and whether the company can sustain and grow its FY25 PAT of Rs 155 crore. Track the live CMR Green Technologies share price and post-listing analysis on Univest.

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Frequently Asked Questions

What happened to CMR Green Technologies share price on listing day?

Ans. CMR Green Technologies share price made a strong debut on June 10, 2026, listing at Rs 275.40 on the BSE, a 43.44% premium over the issue price of Rs 192, and at Rs 268 on the NSE, a 39.58% premium. However, profit booking set in quickly after the opening, with the NSE price falling from Rs 268-275 toward Rs 251-254 by midday, a decline of 6-9% from the listing price. Despite this intraday pullback, the CMR Green Technologies share price is still well above the issue price, meaning all IPO allottees are in profit.

Should you hold or sell CMR Green Technologies shares after listing?

Ans. IPO allottees who received CMR Green Technologies shares at Rs 192 are sitting on gains of 31-43% (at Rs 251-275). Given the 100% OFS nature of the IPO (no fresh capital raised for the company), partial profit booking at current levels of Rs 251-268 is a prudent strategy. The company reported revenue of Rs 6,696 crore in FY25 and a PAT of Rs 155 crore after a loss of Rs 838 crore in FY24. At Rs 251-268, the market cap of Rs 5,500-5,900 crore implies a price-to-earnings ratio of approximately 35-38x FY25 earnings, which is a moderate valuation for a recycling company. Long-term holders should track Q1 FY27 results for revenue and margin sustainability.

What does CMR Green Technologies do?

Ans. CMR Green Technologies is a Faridabad-based non-ferrous metal recycling company and secondary aluminium producer. The company processes scrap metal and produces secondary aluminium alloys used primarily in the automotive sector. CMR Green is one of India’s largest secondary aluminium manufacturers, with revenue of Rs 6,696 crore in FY25. The company operates in the growing circular economy space, recycling non-ferrous metals from automotive and industrial scrap into usable secondary aluminium. Its customers include major Indian automobile manufacturers.

Why did CMR Green Technologies share price fall after the bumper listing?

Ans. The CMR Green Technologies share price fell 6-9% from the listing price due to profit booking by investors who had applied for the IPO purely for listing gains. This is a common pattern for heavily subscribed IPOs (127 times overall) where a significant portion of applicants intend to sell on listing day. The 100% OFS structure also means promoters and investors were selling shares in the IPO, which can create additional supply pressure post-listing. Additionally, the stock was trading above its grey market premium estimate of Rs 260, making it natural for traders to sell.