Overview
- CMR Green Technologies will open its offer‑for‑sale for public subscription from June 3 to June 5 with a price band of Rs 182‑192 per share and up to 3.28 crore shares on sale.
- Hexagon Nutrition plans a mainboard offer‑for‑sale in early June with a price band of Rs 42‑45 and about 3.08 crore shares being sold by existing promoters.
- Both mainboard listings are structured entirely as offer‑for‑sale transactions so the companies will not receive any fresh capital from the issues.
- Unlisted market signals show firm demand for CMR Green, with grey market premiums reported around Rs 25‑35 a share and a likely listing on bourses around June 10.
- Three SME IPOs — Merritronix, Vahh Chemicals and Genxai Analytics — are also launching this week seeking about Rs 138 crore in aggregate which will test appetite across small‑cap and retail segments.