New Delhi, Feb. 24 -- Clean Max Enviro Energy Solutions IPO Day 2: The initial public offering (IPO) of Clean Max Enviro Energy Solutions, which opened for public subscription yesterday, February 23, has witnessed muted demand. It was subscribed just 36% on Day 1.

The issue will close on Wednesday, February 25 and has set a price band of Rs.1,000 to Rs.1,053 per equity share.

Ahead of the opening, Clean Max Enviro shares are witnessing a flat trend in the grey market. As per market trackers, the IPO GMP currently stands at Rs.1 per share, indicating an estimated listing price of around Rs.1,054, which translates to a modest premium of about 0.09% over the upper issue price of Rs.1,053. The GMP has declined from Rs.14 on February 17, Rs....