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India’s CMR Green Technologies lists at 39.6% premium on debut


June 10 (Reuters) – Shares of India’s ‌CMR Green ‌Technologies rose 39.6% on ​their trading debut on Wednesday, after the aluminium ‌recycler’s $66 ⁠million initial public offering.

The IPO, ⁠the first in the country ​after ​almost ​a month ‌as uncertainty triggered by the Iran war left investors rattled, had an ‌issue price ​of ​192 ​rupees and ‌was subscribed 127 times.

($1 = ​95.4200 ​Indian rupees)

(Reporting by Vivek Kumar ​M; ‌Editing by Harikrishnan ​Nair and ​Sherry Jacob-Phillips)



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