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PNGS Reva Diamond, CMPDI, Clean Max Enviro, Omnitech Engg and more: How IPOs listed in March 2026 are performing
4 min read | Updated on April 01, 2026, 08:49 IST
SUMMARY
Of the nine initial share sales listed in March 2026, six are trading in the red, while three are in the positive territory. Key listings this month included Central Mine Planning & Design Institute (CMPDI), Clean Max Enviro Energy Solutions and PNGS Reva Diamond Jewellery.
Stock list
Clean Max Enviro Energy stock has descended 27.19% to ₹766.60 from the IPO issue price of ₹1,053 per equity share. | Image: Shutterstock
Of the nine initial share sales listed this month, six are trading in the red, while three are in the positive territory.
CMPDI, PNGS Reva Diamond, Clean Max Enviro Energy and more: How IPOs listed in March 2026 are performing
| Company name | Listing date | Issue price | Current price | Change* |
|---|---|---|---|---|
| Central Mine Planning & Design Institute IPO | March 30 | ₹172 | ₹153 | -11.04% |
| GSP Crop Science IPO | March 24 | ₹320 | ₹337 | 5.31% |
| Innovision IPO | March 23 | ₹519 | ₹318.80 | -38.57% |
| Rajputana Stainless IPO | March 19 | ₹122 | ₹102 | -16.39% |
| SEDEMAC Mechatronics IPO | March 11 | ₹1,352 | ₹1,515 | 12.05% |
| Omnitech Engineering IPO | March 5 | ₹227 | ₹246.80 | 8.72% |
| PNGS Reva Diamond Jewellery IPO | March 4 | ₹386 | ₹336 | -12.95% |
| Clean Max Enviro Energy Solutions IPO | March 2 | ₹1053 | ₹766.60 | -27.19% |
| Shree Ram Twistex IPO | March 2 | ₹104 | ₹40.60 | -60.96% |
Clean Max Enviro Energy share price
The stock has descended 27.19% to ₹766.60 from the issue price of ₹1,053 per equity share. It was listed at a discount of 8.83% on March 2.
The firm aimed to raise ₹3,100 crore through a fresh issuance of ₹1,200 crore and an OFS component of ₹1,900 crore by promoters and existing investors.
The issue was booked 94%, with bids for 2,05,69,556 equity shares compared to 2,18,23,329 shares on offer, according to the NSE data.
Clean Max Enviro Energy Solutions Limited, founded in 2010, specialises in net zero emissions and decarbonisation solutions for commercial and industrial customers. Its offerings include renewable power supply services and carbon credit solutions.
PNGS Reva Diamond share price
Shares of diamond jewellery maker PNGS Reva Diamond Jewellery settled at ₹336 apiece on the National Stock Exchange on March 30, the last trading day this month, as March 31 is a market holiday on the occasion of Shri Mahavir Jayanti. It is down 12.95%, compared to the issue price of ₹386. The stock had debuted a discount of 2.8% on March 4.
The initial public offering aimed to raise ₹379.52 crore via exclusively a fresh issuance of more than 98 lakh shares. The IPO was subscribed 1.3 times.
PNGS Reva Diamond Jewellery, a retail jewellery brand, focuses on the sale of diamond and studded jewellery. Its products are sold under the 'Reva' brand name. Its product portfolio includes pendants, nose pins, rings, bracelets, bangles, earrings, mangalsutras, necklaces and chains.
CMPDI share price
Shares of Central Mine Planning & Design Institute, a subsidiary of state-owned Coal India Ltd, on Monday listed with a discount of 6.98% at ₹160 per unit against the issue price of ₹172 on March 30. It settled at ₹153 apiece, down 11.05% from the issue price.
The issue was exclusively an OFS of 10.71 crore shares, worth ₹1,842.12 crore, by Coal India, with no fresh issue component.
CMPDIL offers consultancy and support services for the full spectrum of coal and mineral exploration, apart from mine planning and design services.
Its services also include infrastructure engineering, geomatics, specialised technology services, environmental management and management systems, primarily for the coal industry and other minerals.
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