CMR Green Technologies and Hexagon Nutrition Announce IPOs to Raise Nearly Rs 770 Crore ($93 M)

Deal Summary

India’s mainboard will see two IPOs this week as CMR Green Technologies and Hexagon Nutrition aim to raise a combined Rs 770 crore (≈$93 M). CMR’s offering opens June 3‑5, priced at Rs 182‑192 per share and managed by Equirus Capital, targeting Rs 630.9 crore. Hexagon’s offer‑for‑sale runs June 5‑9, with a price band of Rs 42‑45 per share, seeking Rs 138.9 crore, with proceeds going to existing shareholders.