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Clean Max Enviro IPO: Day 1 Sees 3% Subscription for Rs 3,100 Cr Issue; GMP & Investment Decision
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Clean Max Enviro IPO: 3% Subscribed on Day 1, GMP Flat. Should You Invest?
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Moneycontrol
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23-02-2026, 12:19
Clean Max Enviro IPO: 3% Subscribed on Day 1, GMP Flat. Should You Invest?
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Clean Max Enviro's Rs 3,100 crore IPO subscribed 3 percent on its first day of share sale.
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Retail individual investors' quota saw 1 percent subscription, while QIBs reached 9 percent.
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The company previously raised Rs 921 crore from anchor investors.
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IPO closes on February 25, with a price band of Rs 1,000-1,053 per share.
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Analysts highlight Clean Max as India's largest C&I renewable energy provider with an 8% market share.
Read Full Article on Moneycontrol in English
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