CMR Green Technologies IPO Day 3: 37% GMP signals strong listing premium; issue sees robust demand
CMR Green Technologies' IPO is on its final subscription day with a strong grey market premium. The issue has seen robust investor demand, particularly from non-institutional investors. The company is India's largest non-ferrous metal recycling firm. Analysts have mixed views, citing leadership and sustainability themes alongside risks like customer concentration. Investors are watching for potential listing gains.