Whalesbook
CMR Green Technologies apna ₹630 crore ka IPO laane ke liye ready hai, aur ye pura Offer For Sale (OFS) hai. Aisa time hai jab market mein kaafi fluctuations chal rahe hain, jiski wajah se kai companies ne apne IPOs postpone kar diye hain. Aur upar se, recent mein jin IPOs mein OFS zyada tha, unpar investors ne zyada interest nahi dikhaya.
Management ka confidence!
Is sab tension ke beech, CMR Green Technologies ke CMD, Mohan Agarwal ne kaha, "Hum apne business par confident hain. Humne kaafi toofan dekhe hain aur unko cross kiya hai." Unhone bataya ki roadshows mein institutional investors se achha response mila hai, jiski wajah se unhone launch karne ka decide kiya.
Expansion ke liye Debt hi best?
Company ne ₹630 crore ke IPO mein fresh issue component nahi rakha hai, bhale hi unke paas capacity badhane ke plans hain. Management ka kehna hai ki jab leverage control mein ho toh debt funding zyada efficient hoti hai. CMR ka current debt-equity ratio 0.76 hai. Unka kehna hai, "Humara business cash generate karta hai, aur us generation se hum apne expansion plans ko fund kar paate hain."
Market mein position aur financials
CMR Green Technologies India ke aluminium recycling sector mein sabse bada naam hai, lagbhag 45% market share ke saath. Ye apne sabse kareebi competitor se 4 guna bade hain. Haan, listed peers ke compare mein inke EBITDA aur profit margins thode kam hain. Management iska reason aluminium recycling ki volume-driven nature ko batata hai, aur bolta hai ki return on capital employed aur operational efficiency zyada important metrics hain. "Aluminium recycling mein scale matter karta hai. Hum process control, sourcing efficiency aur technology adoption par focus karte hain taaki yields aur margins badha sakein," company ne bataya.
Company mainly automobile manufacturers aur tier-1 auto ancillaries ko serve karti hai, aur ab beverage can recycling aur solar & electric vehicles mein bhi expand kar rahi hai.
Shareholding aur Subscription Details
Shuru mein promoters 4.29 crore equity shares sell karne wale the, par ab ise kam karke 3.28 crore shares kar diya gaya hai. Promoters Mohan Agarwal, Gauri Shankar Agarwala HUF, aur Mohan Agarwal HUF milkar 64.59 lakh shares offload karenge. Investor Global Scrap Processors bhi ek bada hissa 2.6 crore shares offer kar raha hai.
IPO anchor book ke liye 2 June ko khulega aur general public ke liye 5 June ko band hoga.