Is this an IPO growth story or promoter’s exit plan?

CMR Green Technologies’ September 2025 filing is its second attempt to go public, following a failed IPO attempt in 2021. Market participants say repeat filings are nothing new, but they usually warrant closer scrutiny – especially if a company’s financial performance has suffered significantly between attempts. With the resumption of IPOs and no change in promoter exit dynamics, scrutiny of offerings has intensified.

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