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Clean Max Enviro Energy Solutions Ltd IPO
NSE & BSE Bookbuilding IPO Fresh Capital & OFS Closed Live Chart
GMP +₹1 +0.09% Est. Listing ₹1,054 P&L/Lot +₹14
Issue Price
₹1,053
Face ₹1
GMP
+₹1
+0.09% premium
Est. Listing
₹1,054
GMP based
Lot Size
14
shares / lot
Min Amount
₹14,742
1 lot · 14 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Feb 2026
Mon Completed
Done
Close Date
25 Feb 2026
Wed Completed
Done
Allotment
26 Feb 2026
Thu Completed
Done
Refund
26 Feb 2026
Thu Completed
Done
Demat Credit
27 Feb 2026
Fri Completed
Done
Listing Date
02 Mar 2026
Mon Completed
Issue Details
Pricing & Size
Issue Price
₹1,053 Face ₹1
Lot Size
14 shares
Min Investment
₹14,742
Total Issue Size
2,94,39,695 shares (agg. up to ₹3,100 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital & OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
1,45,62,451 (49.47%)
NII / HNI
43,68,735
Retail
1,01,93,715
Employee
3,14,795 (1.07%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
10,14,41,820 shares
Post-Issue Shareholding
11,28,37,831 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 14 ₹14,742
Objects of Issue
2 objectives
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
1,122.67 Cr
2
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
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
SBI Capital Markets Ltd
IPO Timeline
Open
23 Feb
✓ Done
Close
25 Feb
✓ Done
Allotment
26 Feb
✓ Done
Listing
02 Mar
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
cleanmax.ipo@in.mpms.mufg.com
Company Contact
Email
Secretarial@cleanmax.com
Phone
+91 22 6252 000
Address
4th Floor, The International 16 Maharshi Karve Road, New Marine Lines Cross Road No.1, Churchgate Mumbai, Maharashtra, 400020
Grey Market Premium
LIVE
Current GMP
+₹1
+0.09% vs Issue Price
Issue Price
₹1,053
Est. Listing
₹1,054
Lot Size
14 shares
P&L / Lot
+₹14
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Clean Max Enviro Energy Solutions Ltd LIVE
INR ·
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P/E
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| Price
Market Reference
IPO Issue Price
₹1,053
GMP
+₹1 (+0.09%)
GMP Est. Listing
₹1,054
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,45,62,451 (49.47%) ₹153,342.61 Cr
NII / HNI (Total) 43,68,735 ₹460.03 Cr
Retail Investors 1,01,93,715 ₹1,073.40 Cr
Employee 3,14,795 (1.07%) ₹331.48 Cr
Total ** 2,94,39,696 (100.00%) ₹3,100,000.00 Cr
* Based on ₹1,053.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,45,62,451 (49.47%)
NII
43,68,735
Retail
1,01,93,715
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202531 Mar 202531 Mar 2024
Revenue969.351610.341425.31
PAT19.0019.43-37.64
EBITDA637.851015.07741.57
Net Worth2598.342545.441817.96
Total Assets16945.6513279.259076.55
Reserves
Borrowings10121.467973.705514.56
Key Financial Ratios
0.43%
ROE
Return on Equity
0.43%
RONW
Return on Net Worth
2.53
D/E Ratio
Debt to Equity
4.11
P/BV
Price to Book Value
1.84
Pre EPS
EPS Pre-Issue
3.25
Post EPS
EPS Post-Issue
634.34
Pre P/E
P/E Pre-Issue
324.28
Post P/E
P/E Post-Issue
About Clean Max Enviro Energy Solutions Ltd

Clean Max Enviro is India’s largest commercial and industrial (“C&I”) renewable energy provider as of March 31, 2025, according to the CRISIL Report. As of July 31, 2025, we have 2.54 GW of operational, owned, and managed capacity and an additional 2.53 GW of contracted capacity under execution.

Its key offerings include supplying renewable power, providing energy services, and offering carbon credit solutions. We cater to a wide range of customers, including Technology customers and conventional C&I customers<.

The company's expertise covers Energy contracting, Engineering, procurement, and construction (EPC), and Operation and maintenance (O&M) of renewable energy plants (solar, wind, and hybrid).

Business Offerings

  • Renewable Energy Power Sales Segment: Sell renewable energy to customers through long-term Power Purchase Agreements (“PPAs”) and Energy Attribute Purchase Agreements (“EAPAs”). T
  • Renewable Energy Services Segment: Turnkey development services, including land, evacuation infrastructure, EPC services, power evacuation and O&M services for the project lifetime and Carbon Services offering.

Competitive Strengths

  • Comprehensive Suite of Customer-Centric Capabilities
  • Timely and Cost-Effective Project Development, Execution and Management Capabilities
  • Efficient capital allocation and risk management
Frequently Asked Questions
What is the issue price of Clean Max Enviro Energy Solutions Ltd IPO?
The issue price of Clean Max Enviro Energy Solutions Ltd IPO is ₹1,053 per share, face value ₹1.
What is the lot size?
Minimum lot size is 14 shares, requiring ₹14,742.
What are the IPO dates?
Opens 23 Feb 2026, closes 25 Feb 2026.
When is the listing date?
Tentative listing: 02 Mar 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹1, estimated listing ₹1,054 (+0.09%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Clean Max Enviro Energy Solutions Ltd IPO · Expected 26 Feb 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
26 Feb 2026
Refund Initiation
26 Feb 2026
Demat Credit
27 Feb 2026
Listing Date
02 Mar 2026
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹1
+0.09%
Issue Price
₹1,053
Face ₹1
Lot Size
14
shares / lot
Min Amount
₹14,742
1 lot
Est. Listing
₹1,054
GMP +₹1
Key Dates
Open
23 Feb Done
Close
25 Feb Done
Listing
02 Mar Done
Registrar
MUFG Intime India Pvt.Ltd
A
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