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IPO GMPs: Clean Max Enviro IPO vs Shree Ram Twistex IPO — what grey market premium reflects about listing gain

Clean Max Enviro and Shree Ram Twistex IPOs reveal negative grey market premiums, suggesting potential discount listings. The Clean Max IPO price is set between ₹1,000 and ₹1,053, while Shree Ram Twistex aims to generate ₹110.24 crore through its offering.

Feb 27, 2026 &02072727202628; 07:07 UTC www.livemint.com Trending 3/5

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Negative for markets

Sentiment score: -70/100

Moderate impact Immediate effect (hours)

WHAT THIS MEANS

The IPOs of Clean Max Enviro and Shree Ram Twistex are showing negative grey market premiums, indicating market expectations of listing below the issue price. This reflects weak investor sentiment and potential losses for subscribers upon listing. Clean Max Enviro's price band is ₹1,000-1,053, while Shree Ram Twistex aims to raise ₹110.24 crore.

AI CONFIDENCE

80% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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CLEANMAX.NS

CLEANMAX.NSStock

Expected to decline

Negative grey market premium suggests the IPO may list at a discount to the issue price, indicating poor market reception.

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SHRERAM.NS

SHRERAM.NSStock

Expected to decline

Negative grey market premium implies potential listing losses due to weak investor demand and discount expectations.

PRICE HISTORY

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⚡ SUGGESTED ACTION

Avoid subscribing to these IPOs given the negative grey market premiums; consider waiting for post-listing price corrections before evaluating entry points.

KEY SIGNALS

Negative grey market premiumsPotential discount listingsWeak IPO investor sentiment

SECTORS INVOLVED

Environmental ServicesTextiles

Analysis generated on Feb 27, 2026 at 07:13 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

IPO GMPs: Clean Max Enviro IPO vs Shree Ram Twistex IPO — what grey market premium reflects about listing gain

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