• IPO listing performance: CMR Green Technologies debuted at a 32% premium above ₹250 against an issue price of ₹192, supported by an overall subscription of 127 times. Demand was driven heavily by QIBs subscribing 270 times, HNIs at 172 times, and retail investors at 27 times.
• Aluminum recycling focus: Management emphasized that recycling is a critical industry theme for the future, with the company positioning its primary focus on aluminum recycling to drive ongoing growth.
• Serviceable market expansion: The company recently nearly doubled its serviceable market, which management expects will support continued and robust business growth moving forward.