Capacite Infraprojects Limited, a Mumbai-based ISO 9001:2008 certified construction company, on Wednesday, 03 June 2026, announced that,

The Company has received a Letter of Intent (LOI) from Ten X Realty East Limited, a local entity, for a project at Wadala. Source: BSE.

Also Read – CMR Green Technologies IPO Review

Contract Details

According to the regulatory filing, Capacite Infraprojects Ltd has received a Letter of Intent (LOI) from Ten X Realty East Ltd. (A subsidiary of Raymond Realty Limited), for a civil project in Wadala, Mumbai.

The contract includes Civil Core & Shell Works for Project – The Address by GS-Wadala at Salt Pan Division, Shastri Nagar, Wadala, Sion (E), Mumbai, India.

The management confirms that neither the Promoters, the Promoter Group, nor any Group Companies hold any interest in the entity/entities issuing the LOI.

PREVIOUS ORDER: On February 26, 2026, Capacite Infraprojects received an LOI from Tenx Realty worth ₹537 Cr.

Contract Value

The total value of the newly received contract is ₹589 Crore (Rupees Five Hundred Eighty-nine Crores Only) excluding GST.

Capacite Infraprojects Received LOI From Tenx Realty

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to capacite infraprojects latest news for further details.

Management Commentary

Commenting on the same, Rahul Katyal, Managing Director, said –

We are delighted to announce that Raymond Realty Limited, through its subsidiary Ten X Realty East Limited, has once again entrusted Capacit’e with a repeat order.

This repeat mandate is a strong endorsement of our longstanding partnership and a clear reflection of the trust our clients place in our execution capabilities.

With a proven track record of timely project delivery, we remain confident in our ability to not only meet but consistently exceed client expectations.

Each order strengthens our portfolio, reinforces our leadership in project execution, and highlights our commitment to delivering quality at scale.

Company Overview & Others

Overview: Capacite Infraprojects Limited has established a reputation as a quality contractor in the construction sector. The Company planned an IPO in September 2017.

Market Cap: Capacite Infraprojects has a total market capitalization of ₹1,870 crore as of June 03, 2026, according to the NSE data.

Technical: The stock is placed below its 20-, 50-, 100-, and 200-day simple moving averages (SMAs).

Price Performance: On a year-to-date basis, Capacite Infraprojects’ share declined by 12% and by 4% over the last three-month period. However, the company’s shares have been trading 12% lower over the last month.

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Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Capacite Infraprojects Received LOI From Tenx Realty appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue NIL + OFS ₹631 Cr]

Cmr green technologies ipo price is ₹182 – ₹192 per share.

CMR Green Technologies: History

The Company was originally incorporated as Grand Metal Industries Private Limited, a private limited company, on August 23, 2005.

Thereafter, it converted into a public limited company, and the name of the Company was changed to Grand Metal Industries Limited on May 28, 2020.

Subsequently, the name was changed to CMR Green Technologies Limited, and a certificate of incorporation was issued by the Registrar of Companies, Delhi, on August 11, 2021.

CMR Green Technologies: Business

CMR Green Technologies Ltd. is the leading non-ferrous metal recycler in India (in terms of installed capacity) as of March 31, 2025.

According to the ICRA Report, it holds the highest market share in the Indian secondary aluminium market in terms of revenue from operations for FY2025 (amongst the peer companies).

The Company has a capacity advantage over domestic players, with an installed capacity of around 4 times that of the nearest competitor in the domestic recycled aluminium space, as of March 31, 2025.

It ranks among the largest players in the global aluminium recycling industry in terms of installed capacity as of March 31, 2025, according to the ICRA Report.

The Company manufactures recycled aluminium alloys (in ingot and liquid form), zinc alloy ingots, and segregated furnace ready scrap of stainless steel, copper, brass, zinc, lead, and magnesium, amongst others.

CMR Green also produces aluminium billets that cater to both automotive and non-automotive sectors.

Client List

Some of the OEM clients of the company include Honda Cars India Limited, Bajaj Auto Limited, Hero MotoCorp Limited, Royal Enfield Motors Limited, and India Yamaha Motor Private Limited.

Recycling Facilities

As of this DRHP, the company operates through 13 strategically located recycling units.

Three (3) facilities are situated at Tatarpur, Manesar, and Bawal, in the state of Haryana; two (2) facilities are situated at Vanod, and one (1) facility is situated at Halol, Pune, Chennai, Vallam, Haridwar, Bhiwadi, Sambalpur, Tirupati, Rajasthan, Odisha, and Andhra Pradesh, respectively.

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Strategies Ahead

Diversification into Other Metals and Expanded Industry Base.

Green Aluminium Focus domestically and globally.

Expansion of the supply of wrought alloys and partnership with primary players.

Leverage the focus on aluminium content in electric vehicles and the growing demand for aluminium in ICE vehicles.

Invest in higher technological capabilities in order to capitalize on future trends.

Company Promoters

1. Mohan Agarwal,
2. Pratibha Agarwal,
3. Akshay Agarwal,
4. Raghav Agarwal.

Refer to CMR Green Technologies DRHP for further information.

IPO Details

ipo date: 3 June – 5 June 2026

Minimum Amount: ₹14,976

Minimum Bid: 78 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Equirus Capital,

ICICI Securities,

Motilal Oswal Investment Advisors.

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on CMR Green Technologies IPO.

Do come back to know more about upcoming ipos.

Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post CMR Green Technologies IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.