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Primary market • June 2026 • Risk-aware analysis

IPO Analysis: CMR Green & Hexagon Nutrition (June 2026)

A clean, conversion-ready IPO note that compares issue structure, key dates, lot sizes, and a disciplined application framework.

By Dheeraj Kumar Singh DS Wealth Advisors 8 min read Updated: 31 May 2026
IPO analysis June 2026 CMR Green Hexagon Nutrition

The primary market is getting active again in the first week of June 2026, and two names stand out in the mainboard calendar: CMR Green Technologies and Hexagon Nutrition. Public references surfaced in search results say CMR Green Technologies is a book-built IPO of about INR 630.88 crore, while Hexagon Nutrition is a book-built IPO of about INR 138.87 crore. Multiple public references also describe both issues as offer-for-sale (OFS) offerings, meaning the companies do not receive the IPO proceeds; the money goes to selling shareholders. Moneycontrol/PTI reference · CMR Green details · Hexagon details

CMR Green dates
3–5 Jun 2026
Hexagon dates
5–9 Jun 2026
Issue type
OFS in both cases

Quick IPO snapshot

IPOPrice bandLot sizeRetail minimum (upper band)Tentative listing
CMR Green Technologies INR 182–192 78 shares INR 14,976 10 Jun 2026
Hexagon Nutrition INR 42–45 333 shares INR 14,985 12 Jun 2026

The fields above are taken from public IPO references surfaced in search results. CMR Green reference · Hexagon reference

CMR Green Technologies IPO: what stands out

Public references describe CMR Green Technologies as a non-ferrous metal recycler engaged in processing and manufacturing aluminium alloys, zinc alloys, and other furnace-ready scrap materials. One public article says the company operates 13 recycling facilities across India and that its customer base primarily includes automotive OEMs and Tier-I suppliers. Public issue details surfaced in search results say the IPO is entirely an OFS of approximately 3.28 crore shares, opens on 3 June 2026, closes on 5 June 2026, and has a price band of INR 182 to 192 per share. Moneycontrol/PTI reference · Issue details

What may attract investor interest

  • Exposure to recycling and manufacturing-linked themes.
  • Documented customer orientation toward the automotive value chain.
  • Visible public-market setup with clearly outlined lot size, allocation buckets, and listing dates.

What needs caution

  • Because it is an OFS, the company is not receiving fresh capital from the IPO.
  • Any short-term listing gain expectation should be treated cautiously; GMP is not a guarantee.
Public references cited CMR Green GMP in the INR 25–30 range over the prior two sessions in one Moneycontrol/PTI piece. GMP is an unofficial sentiment indicator and may change. Reference

Hexagon Nutrition IPO: what stands out

Public IPO references say Hexagon Nutrition is a research-driven nutrition company incorporated in 1993 and engaged in micronutrient premixes, branded wellness and clinical nutrition, therapeutic formulations, and ready-to-use foods. The public issue details surfaced in search results say the IPO opens on 5 June 2026, closes on 9 June 2026, has a price band of INR 42 to 45 per share, and uses a minimum lot of 333 shares. The same references describe the issue as an OFS. Issue details · IPO calendar coverage

What may attract investor interest

  • It operates in nutrition and wellness-linked categories that many investors find understandable.
  • The issue size is meaningfully smaller than CMR Green, which sometimes attracts attention from investors looking at scarcity value.

What needs caution

  • Again, the issue is described as OFS in public references, so IPO proceeds are not going to growth capital for the business.
  • Smaller offerings can be exciting, but they can also make investors overfocus on listing buzz rather than business quality.

A disciplined application strategy

DS Wealth Advisors view: IPO investing works best when it is treated as a process, not a lottery ticket. Instead of asking “Will this double on listing?”, a more useful checklist is:

  1. Do I understand the business at a basic level?
  2. Am I comfortable that this is an OFS, not a fresh capital raise?
  3. Am I applying with clear position sizing rather than FOMO?
  4. If listing gains do not appear, would I still be comfortable with the business quality?
Nothing in this article promises allotment, subscription strength, or listing gains. Strategy suggestions here are analytical and educational.

What to watch during the IPO window

  • Subscription pattern: especially whether demand broadens beyond day-one excitement.
  • Grey market chatter: useful as a sentiment input, but never a standalone decision-maker.
  • Issue structure: both issues being OFS changes how some investors think about use of proceeds.
  • Post-listing discipline: the real test begins after listing, not before it.

Source notes

Frequently Asked Questions

What are the mainboard IPOs covered in this article?

This article covers CMR Green Technologies and Hexagon Nutrition, both scheduled for early June 2026 based on public IPO references surfaced in search results.

Are these IPOs fresh issues?

Public references surfaced in search results describe both CMR Green Technologies and Hexagon Nutrition as offer-for-sale issues, which means proceeds go to selling shareholders rather than to the company.

How should retail investors think about IPO applications?

The article suggests a disciplined, risk-aware approach. Any application strategy comments are presented as DS Wealth Advisors analysis and are not promises of allotment or listing gains.

Should IPO decisions be based only on GMP?

No. Public references show GMP is discussed, but GMP is only one signal and can change quickly. It should not be treated as a guarantee.