The grey market premium (GMP) of CMR Green Technologies IPO soared high on the third and final day of subscription as the initial share sale has been attracting whopping bidding interest from investors. The Rs 630 crore IPO, which opened for subscription on June 3, has received over 32 times or 3,200 per cent bids as compared to the total issue shares.
CMR Green Technologies GMP Today
According to Investorgain--a grey market tracker, CMR Green Tech GMP surged to Rs 70.5 (last updated on 11:31 AM). This hints at a potential listing gain of 36.7 per cent. The unlisted shares are trading at Rs 262.5 in the grey market as compared to the IPO's price band of Rs 192 per share. Earlier, on May 29, the GMP for the IPO was at Rs 25.
CMR Green Technologies Subscription Status
According to NSE data, the initial share sale has been subscribed 32.92 times till 12:48 PM on Friday, receiving bids for 75,85,38,378 shares as compared to 2,30,43,930 total offered shares.
IPO Details: Bidding Dates, Listing Dates, Price Band
The initial share sale opened for subscription on June 3, and bidding will close today, June 5, 2026. The Price Band for the IPO was fixed at Rs 182-192, and investors have to place an order by buying a minimum of 78 equity shares in multiples thereof.