Clean Max Enviro's ₹3,100-crore IPO is expected to see a muted debut on the exchanges, according to a report by Moneycontrol. The company had fixed a price band of ₹1,000 to ₹1,053 per equity share. Shivani Nyati, Head of Wealth at Swastika Investmart, said, "Based on current signals, the stock is likely to list flat...implying roughly 0% to –2% performance."