CMR Green Technologies IPO: Issue booked 127 times on Day 03; NII, QIB portions see huge demand, GMP signals 40% premium
New Delhi, June 5 -- CMR Green Technologies IPO in focus: The initial public offering of CMR Green Technologies, which was fully booked on the first day, continued to attract strong investor demand through the final day of bidding, as the issue was oversubscribed by more than 100 times.
All investor categories witnessed robust participation, with the QIB portion oversubscribed by 270 times and the NII segment booked 172 times. The retail segment also saw strong enthusiasm, with subscriptions reaching 27 times. Overall, the issue received bids for 292 crore as against 2.30 crore in offer, resulting in subscription rate of 127 times.
Ahead of the issue, the company raised Rs188.4 crore from anchor investors. Some of the marquee institutio...
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