Key facts
- CMR Green Technologies IPO fully subscribed on Day 1.
- Strong retail investor interest drove Day 1 subscription.
- The IPO enters its second day of bidding.
- The Grey Market Premium (GMP) has increased to Rs 60.
- The issue was booked 2.46 times on Day 1.
The Initial Public Offering (IPO) for CMR Green Technologies has experienced a robust start, achieving full subscription on its first day of bidding, largely fueled by significant interest from retail investors. As the IPO enters its second day, the Grey Market Premium (GMP) has seen a notable increase, climbing to Rs 60. This rise in GMP suggests a positive market sentiment and strong demand for the company's shares. The issue was booked 2.46 times on Day 1.