New Delhi, June 3 -- CMR Green Technologies IPO in focus: The initial public offering of CMR Green Technologies witnessed a solid demand from both retail and non-institutional investors on its first day of bidding, June 03.

The IPO, which remains open until Friday, June 05, received bids for 5.67 crore shares against the total offer of 2.30 crore shares, resulting in an overall subscription of 2.46 times by the end of Day 1, according to exchange data.

Among the investor segments, the non-institutional buyer's category saw the highest interest, as it booked 5.68 times, followed by retail buyers at 2.47 times. The QIB was subscribed modestly 0.03 times, as per the exchange data.

Ahead of issue, the company raised Rs.188.4 crore from anc...