CMR Green Technologies IPO Day 2: GMP signals 31% upside; Issue sees strong subscription. Should you subscribe?
CMR Green Technologies' Rs 631 crore IPO is attracting significant investor attention. The issue is oversubscribed, with a strong grey market premium indicating potential listing gains. The company is a leader in non-ferrous metal recycling. Investors are showing interest in this manufacturing and sustainability-linked business. The IPO remains open for subscription.