Clean Max Enviro Energy Solutions Ltd.
NSE & BSE₹1000–1053
₹ 2,298 Cr
14 Shares
₹ 14,000
₹1
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 19,128.73 | 14,957.01 | |
| 1,650.55 | 1,160.7 | |
| 20,779.28 | 16,117.71 | |
| 7,817.73 | 5,945.15 | |
| 1,349.81 | 597.47 | |
| 855.77 | 194.29 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
23 Feb 2026
IPO Offer Ends
25 Feb 2026
2 Mar 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings | 11,226.74 |
| 2 | General corporate purposes | 237.89 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
65.42%
Promoter stake
Offered to Public
2,18,23,329
shares
About the Company
we specialize in delivering Net Zero11 and decarbonization solutions, including supplying renewable power and offering energy services and carbon credit solutions to customers across data centres, AI and technology industries (“Technology customers”); and C&I enterprises across a range of sectors, including infrastructure, cement, steel, industrial manufacturing, FMCG, pharmaceuticals, real estate, and global capability centres (“Conventional C&I customers”). Our expertise spans across providing energy contracting, engineering, procurement and construction (“EPC”) services, and operation and maintenance (“O&M”) services of renewable energy plants including solar, wind and hybrid plants, within our customer’s premises (“Onsite”) and within CleanMax-developed renewable energy (solar, wind and hybrid) farms (“Offsite”). We also provide end-to-end decarbonization solutions to customers such as turnkey development, O&M solutions for renewable energy power plants and carbon credits solutions. We are committed to being a Net Zero partner to corporates, driven by a client-first culture, execution excellence, focus on capital efficiency and our people and culture.
Use of Proceeds
The net proceeds of the Fresh Issue, i.e., Gross Proceeds of the Fresh Issue less the Company’s share of the Offer related expenses (“Net Proceeds”) are proposed to be utilised in the following manner: 1. Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of our Company and/or certain of our Subsidiaries; and 2. General corporate purposes.
Clean Max Enviro Energy Solutions Ltd. Latest News
News
Clean Max Enviro, Nuvoco partner to advance renewable energy adoption in Rajasthan
The partnership reflects the evolving role of RE in supporting the energy requirements of India's industrial sector
Augment Infrastructure divests 7.2% stake in Clean Max Enviro Energy Solutions
Augment Infrastructure has sold 7.2% stake in the company through open market deals worth around Rs 1095.93 crore
Clean Max Enviro gains on raising Rs 2,500 crore via green debt securities
The bonds are backed by a defined green-use-of-proceeds framework, allocated for large-scale renewable energy projects
Clean Max Enviro raises Rs 2,500 crore via green debt securities
The bonds are backed by a defined green-use-of-proceeds framework, allocated for large-scale renewable energy projects
Clean Max Enviro Energy Solutions informs about outcome of board meeting
Clean Max Enviro Energy Solutions informs about SAST
Clean Max Enviro Energy Solutions informs about press release
Clean Max Enviro Energy Solutions informs about disclosure
Clean Max Enviro Energy Solutions informs about updates
Clean Max Enviro Energy Solutions informs about press release
IPO FAQs
The Clean Max Enviro Energy Solutions Ltd. IPO has a total of ₹2,298 crore, calculated at the upper end of the .
The Clean Max Enviro Energy Solutions Ltd. IPO is priced at ₹1000–1053 per share. bids must fall within this , against a of ₹1 per share.
The for the Clean Max Enviro Energy Solutions Ltd. IPO is 14 shares, which is also the minimum order quantity — you have to apply for at least 14 shares, and in multiples of 14 beyond that.
The minimum investment in the Clean Max Enviro Energy Solutions Ltd. IPO is about ₹14,000 — one lot of 14 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Clean Max Enviro Energy Solutions Ltd. opens on 23 Feb 2026 and closes on 25 Feb 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Clean Max Enviro Energy Solutions Ltd. shares were listed on 2 Mar 2026 on BSE and NSE.
MUFG Intime India Pvt Ltd. is the for the Clean Max Enviro Energy Solutions Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.
Clean Max Enviro Energy Solutions Ltd. IPO shares are listed on BSE and NSE.
Each Clean Max Enviro Energy Solutions Ltd. share has a of ₹1.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 65.42% of Clean Max Enviro Energy Solutions Ltd. before the IPO.
2,18,23,329 shares of Clean Max Enviro Energy Solutions Ltd. are being offered to the public in this issue.
The Clean Max Enviro Energy Solutions Ltd. IPO has been subscribed 0.94x overall — 2.83x, 0.54x, 0.06x and employees 0.10x.
figures update through the issue period until it closes.
The net proceeds of the Fresh Issue, i.e., Gross Proceeds of the Fresh Issue less the Company’s share of the Offer related expenses (“Net Proceeds”) are proposed to be utilised in the following manner:
- 1.Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of our Company and/or certain of our Subsidiaries
- 2.General corporate purposes
Axis Capital Ltd., JP Morgan India Pvt Ltd, BNP Paribas, HSBC Securities & Capital Markets (India) Pvt Ltd, IIFL Capital Services Ltd., Nomura Financial Advisory & Securities (India) Pvt Ltd., BOB Capital Markets Ltd and SBI Capital Markets Ltd are the for the Clean Max Enviro Energy Solutions Ltd. IPO.
Pre-apply means placing your Clean Max Enviro Energy Solutions Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Clean Max Enviro Energy Solutions Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Clean Max Enviro Energy Solutions Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.