CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recycled aluminium, faces commodity price volatility and customer concentration risks. Despite revenue growth and margin expansion, negative operating cash flow and increased debt warrant caution for investors.

CMR Green Technologies raised Rs 188 crore from anchor investors before its IPO opening, attracting strong participation from mutual funds, insurers and global institutions. The…

CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recycled aluminium, faces commodity price…