| IPO Date | February 23, 2026 to February 25, 2026 |
| Listing Date | March 2, 2026 |
| Face Value | ₹ 1 / Share |
| Price Band | ₹ 1000 to ₹ 1053 / Share |
| Lot Size | 14 Shares |
| Total Issue Size | 2,94,39,695 (Aggregating up to ₹3,100 Cr) |
| Fresh Issue | 1,13,96,011 (Aggregating up to ₹1,200 Cr) |
| Offer for Sale | 1,80,43,684 (Aggregating up to ₹1,900 Cr) |
| Employee Discount | ₹100.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 10,56,53,268 |
| Share holding post issue | 11,70,49,279 |
| Market Maker portion |
Clean Max Enviro IPO opens on February 23, 2026, and closes on February 25, 2026.
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Basis of Allotment | February 26, 2026 |
| Initiation of Refunds | February 27, 2026 |
| Credit of Shares to Demat | February 27, 2026 |
| Listing Date | March 2, 2026 |
| Cut-off time for UPI mandate confirmation | February 25, 2026 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | Rs.14,742 |
| Retail (Max) | 13 | 182 | Rs.191,646 |
| S-HNI (Min) | 14 | 196 | Rs.206,388 |
| S-HNI (Max) | 67 | 938 | Rs.987,714 |
| B-HNI (Min) | 68 | 952 | Rs.1,002,456 |
| HNI (Min) |
| Share Holding Pre Issue | 10,14,41,820 |
| Share Holding Post Issue | 11,28,37,831 |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Offer |
|
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Clean Max Enviro is a major renewable energy provider. In addition, the company has 2.54 GW of operating, owned, and controlled capacity, as well as 2.53 GW of contracted capacity that is currently being executed.
The company's major offerings are renewable energy power sales and renewable energy services. They serve a diverse customer base, including both technology and traditional C&I businesses.
Furthermore, the organization prides itself on efficient and cost-effective project planning, implementation, and management. Clean Max Enviro Energy Solutions Ltd.'s sales increased by 13%, while profit after tax (PAT) increased by 152% between FY 2024 and FY 2025.
| KPI | Values |
|---|---|
| ROE | 1.27% |
| ROCE | |
| Debt/Equity | 1.97 |
| RoNW | 1.09% |
| P/BV | 4.20 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.84 | 3.25 |
| P/E (x) | 634.34 | 324.28 |
Clean Max Enviro Energy Solutions Ltd. 4th Floor, The International 16 Maharshi Karve Road, New Marine Lines Cross Road No. 1, Churchgate Mumbai, Maharashtra, 400020 Phone: +91 22 6252 000 Email: [email protected] Website: http://www.cleanmax.com/ |
MUFG Intime India Pvt. Ltd. Phone: +91-22-4918 6270 Email: [email protected] Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html |