Clean Max Enviro IPO Subscribed 3% on Day 1

The ₹3,100 crore IPO of Clean Max Enviro Energy Solutions was subscribed 3% on its opening day. By 11:45 am, bids were received for 6.6 lakh shares against 2.18 crore shares on offer, as per NSE data. Retail investors subscribed 1%, while QIBs booked 9% of their allotted quota. The company had earlier raised ₹921 crore from anchor investors. The issue closes on February 25, with a price band of ₹1,000–₹1,053 per share. #IPO #CleanMaxEnviro #StockMarket #PrimaryMarket #MarketUpdate