Ahmedabad: CMR Green Technologies Limited shall open the Bid/Offer Period in relation to its initial public offer of Equity Shares on Wednesday, June 3, 2026, the company announced today.

As per the press statement, “The Offer comprises an offer for sale of up to 32,858,323 Equity Shares (“Offered Shares”) (face value ₹2 each) (“Equity Share(s)”) by the Selling Shareholders. The Offered Shares comprise up to 4,959,428 Equity Shares by Mohan Agarwal (the “Promoter Selling Shareholder”), up to 1,000,000 Equity Shares by Gauri Shankar Agarwala HUF (through its Karta), up to 500,000 Equity Shares by Mohan Agarwal HUF (through its Karta) (the “Promoter Group Selling Shareholders”), and up to 26,398,895 Equity Shares by Global Scrap Processors Limited (the “Investor Selling Shareholder”) (collectively, the “Selling Shareholders”) (such offer for sale of the Equity Shares by the Selling Shareholders, the “Offer” or “Offer for Sale”).”

As per the company, the offer includes a reservation of such number of Equity Shares aggregating up to ₹25.00 million for subscription by eligible employees. The Anchor Investor Bid/Offer Period will open and close on Tuesday, June 2, 2026. The Bid/Offer Period will open for subscription on Wednesday, June 3, 2026, and close on Friday, June 5, 2026.

Bids can be made for a minimum of 78 Equity Shares and in multiples of 78 Equity Shares thereafter. These Equity Shares are being offered through the Red Herring Prospectus of the company dated May 27, 2026, filed with the Registrar of Companies, Haryana, at Chandigarh.

The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on the stock exchanges, namely BSE Limited and National Stock Exchange of India Limited. DeshGujarat