The initial public offering (IPO) of CMR Green Technologies has been met with overwhelming interest, being subscribed 127 times, which has reignited optimism in the primary market. This ₹631-crore offering, the first IPO in over a month, attracted bids totaling nearly ₹56,000 crore despite recent market fluctuations. CMR Green, which specializes in manufacturing aluminium and zinc die-casting alloys, set its price band between ₹182 and ₹192 per share, leading to a valuation of around ₹4,206 crore at the upper limit. The strong subscription figures suggest a promising market debut, with grey market premiums indicating potential listing gains exceeding 30 percent. Additionally, the Securities and Exchange Board of India (Sebi) has granted final observations for five companies, including Oyo's parent company, Oravel Stays, to launch their IPOs. In another development, Paras Healthcare has submitted draft papers to Sebi for a ₹1,800-crore IPO, which will include a fresh issue of shares worth up to ₹500 crore and an OFS of up to ₹1,300 crore from existing shareholders. Paras operates eight hospitals across multiple states in India, with a total capacity of 2,211 beds as of March 31, 2026.