CMR Green Technologies IPO Allotment 2026: Basis Finalisation on June 8 via NSE, BSE & KFin Technologies

The wait is over for CMR Green Technologies IPO applicants. The basis of allotment for the ₹630.88 crore IPO is expected to be finalized on June 8, 2026, after the issue closes with a massive 127.04x overall subscription. Total bids received: 2,927,544,594.4 shares against just 23,043,930 shares on offer. Once finalized, equity shares will be credited to successful applicants’ demat accounts, and refunds will be initiated to unsuccessful bidders on the same day, with shares expected in accounts by June 9. 

Listing on both BSE and NSE follows on June 10, 2026, at 10:00 a.m. IST. The grey market is already pricing in a strong debut GMP at ₹67.5, implying a 35.16% listing gain over the upper price band of ₹192.

Subscription Breakdown: Category by Category

The 127.04x final subscription number tells only part of the story. QIB demand was the real driver.

Category	Subscription
Qualified Institutional Buyers (QIBs)	270.46x
Non-Institutional Investors (NIIs)	172.35x
Retail Individual Investors (RIIs)	27.03x
Overall	127.04x

QIBs subscribed 270.46 times their allotted quota, the strongest institutional demand signal of any mainboard IPO in India so far in June 2026. For retail applicants at 27.03x, the odds of receiving a full lot are low; most will receive one lot at best under the lottery-based allotment system SEBI mandates for oversubscribed retail categories.

Key IPO Timeline: June 8 Onwards

• June 8: Basis of allotment finalised; check via NSE, BSE, or KFin Technologies by late evening
• June 9: Refunds initiated; shares credited to successful applicants’ demat accounts
• June 10: Listing on BSE and NSE at 10:00 a.m. IST; estimated listing price ₹259.50 based on GMP

Employees received a special reservation of up to 143,678 shares at a discount of ₹18 to the issue price, making the effective price for employee applicants ₹174 per share against the public band of ₹182–₹192.

How to Check Your IPO Allotment Status

Three official channels are live for status verification right now:

• Via KFin Technologies (Registrar): Visit ipostatus.kfintech.com → Select “CMR Green Technologies Limited” → Choose Application Number, PAN, or DP/Client ID → Submit.
• Via BSE: Visit bseindia.com → Go to Investors → Application Status → Enter PAN and Application Number → Submit.
• Via NSE: Visit nseindia.com → Select “Equity & SME IPO Bid Details” → Select “CMRGREEN” in the symbol field → Enter PAN and application number → Submit.

GMP, Listing Expectations, and What Comes Next

CMR Green Technologies’ unlisted shares are trading at ₹259.50 in the grey market, at a GMP of ₹67.50, or 35.16% over the upper price band of ₹192. A sustained GMP above ₹60 across multiple days heading into listing is historically a reliable signal of strong debut demand on mainboard NSE/BSE issues, though it remains unregulated and unofficial.

The business context supports the grey market optimism. CMR Green Technologies holds an estimated 42–45% market share in India’s cast alloy automotive segment, with 615,150 MTPA installed recycling capacity across 13 facilities. Its end customers include automotive OEMs like Maruti Suzuki (NSE: MARUTI), Tata Motors (NSE: TATAMOTORS), and Mahindra & Mahindra (NSE: M&M) companies whose EV and lightweight vehicle roadmaps structurally demand more recycled aluminum through FY27 and beyond.

Disclaimer

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.