Clean Max, Accord Transformer, and Shree Ram Twistex Shares to List with Mixed Market Expectations

Three companies—Clean Max Enviro Energy Solutions, Accord Transformer and Switchgear, and Shree Ram Twistex—are set to debut their shares on stock exchanges on March 2. Clean Max Enviro's Rs 3,100 crore IPO saw mixed subscription with institutional interest but weak retail demand, and a negative grey market premium (GMP) suggests a cautious listing. Accord Transformer’s Rs 26 crore IPO was oversubscribed 357 times, with a positive GMP indicating a strong debut. Shree Ram Twistex’s Rs 110 crore IPO was subscribed nearly 44 times, but a flat GMP points to a listing near the issue price.