New Delhi, Feb. 23 -- Clean Max Enviro Energy Solutions IPO: The initial public offering (IPO) of Clean Max Enviro Energy Solutions, which kicked off for bidding on Monday, February 23, saw a lukewarm response from investors even as the qualified institutional buyer (QIB) quota sailed through on the first day itself.

Clean Max Enviro Energy Solutions IPO subscription status as of 5 pm stood at 34% as the offer garnered bids for 75,07,654 shares compared with 2,18,23,329 shares on offer.

Clean Max Enviro Energy Solutions IPO's QIB segment was fully booked at 1.03 times, even as the response from other investors remained weak. The non-institutional investor (NII) quota was subscribed 20%, while the retail and employee quotas garnered just...