CMR Green Technologies Limited, incorporated in 2006, is India’s leading non-ferrous metal recycler. It operates 13 strategically located manufacturing facilities across major industrial clusters in India, delivering an impressive combined production capacity of 615,150 MTPA as of March 2026. Backed by a promoter team with decades of industry experience, the company maintains a strong focus on sustainable ESG practices, securing top global sustainability rankings within the aluminum sector.

The company specializes in manufacturing recycled aluminum alloys in both ingot and liquid forms, alongside aluminum billets and various segregated metal scraps like copper and brass. Utilizing patented technology, CMR pioneered the direct supply of liquid aluminum to optimize fuel consumption and minimize melting losses for its clients. Its prominent customer base primarily features major automotive original equipment manufacturers (OEMs) and Tier-1 suppliers, including Maruti Suzuki, Hero MotoCorp, Bajaj Auto, and Jindal Stainless. Positioned to expand across the recycling value chain, the company is capturing new growth via the extrusion and rolled alloy segments.

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• Leading recycler in the domestic aluminum recycling industry in India with significant entry barriers, also positioned as a critical enabler of the aluminum industry’s decarbonization imperative.
• Leading supplier of liquid aluminum alloy
• Strong and diversified supplier base for sourcing raw materials
• Long-standing relationships with our customers
• Strategic alliances through joint ventures
• Facilities, technology, quality processes and engineering expertise

The Company CMR GREEN TECHNOLOGIES LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• To carry out the offer for sale
• Achieve the benefits of listing the equity shares on the stock exchanges

At the upper band of IPO Rs. 192, the stock is valued at 19.42 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.