Clean Max Enviro Energy Solutions IPO Details
Clean Max Enviro Energy Solutions
Offer Price₹1,053 Lot Size14 Listing Price ₹960 (-8.83% ▼) Subscription0.99x Offer TimeFed 23 to Fed 25
Listed
Check Allotment Status Clean Max Enviro Energy Solutions IPO Deatils : GMP, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
Ipo Details
| IPO Detail | Information |
|---|
| IPO Date | 23 to 25 Feb, 2026 |
| Listing Date | Mon, Mar 2, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹1000 to ₹1053 |
| Lot Size | 14 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹100 |
| Total Issue Size | 2,94,39,695 shares (₹3,100 Cr) |
| Fresh Issue | 1,13,96,011 shares (₹1,200 Cr) |
| Offer for Sale | 1,80,43,684 shares (₹1,900 Cr) |
| Pre Issue Holding | 10,56,53,268 shares |
| Post Issue Holding | 11,70,49,279 shares |
Subscription
| Anchor | 1.00x |
| QIB | 2.99x |
| NII | 0.57x |
| bNII | 0.82x |
| sNII | 0.07x |
| Retail | 0.07x |
| Employees | 0.11x |
| Total | 0.99x |
Important Date
| Event | Date |
|---|
| IPO Open | Mon, Feb 23, 2026 |
| IPO Close | Wed, Feb 25, 2026 |
| Allotment | Thu, Feb 26, 2026 |
| Refund | Thu, Feb 26, 2026 |
| Credit of Shares | Fri, Feb 27, 2026 |
| Listing | Mon, Mar 2, 2026 |
Day Wise Gmp
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 01-03-2026 | ₹1053.00 | ₹-35.00 ▼ | 0.99 | ₹1018.00 | ₹-490.00 | 23:48 |
| 28-02-2026 | ₹1053.00 | ₹-14.00 ▼ | 0.99 | ₹1039.00 | ₹-196.00 | 23:51 |
| 27-02-2026 | ₹1053.00 | ₹-11.00 ▼ | 0.99 | ₹1042.00 | ₹-154.00 | 23:47 |
| 26-02-2026 | ₹1053.00 | ₹11.00 ▲ | 0.99 | ₹1064.00 | ₹154.00 | 23:51 |
| 25-02-2026 | ₹1053.00 | ₹-9.00 ▼ | 0.99 | ₹1044.00 | ₹-126.00 | 23:57 |
| 24-02-2026 | ₹1053.00 | ₹-3.00 ▼ | 0.47 | ₹1050.00 | ₹-42.00 | 23:59 |
| 23-02-2026 | ₹1053.00 | ₹2.00 ▲ | 0.36 | ₹1055.00 | ₹28.00 | 23:42 |
| 22-02-2026 | ₹1053.00 | ₹0.00 — | 0.00 | ₹1053.00 | ₹0.00 | 23:43 |
Day Wise Subscribe
| Date | Anchor | QIB | NII | BNII | SNII | Retail | Total |
| 25 Feb | 1x | 2.99x | 0.57x | 0.82x | 0.07x | 0.07x | 0.99x |
| 24 Feb | 1x | 1.27x | 0.44x | 0.63x | 0.04x | 0.04x | 0.47x |
| 23 Feb | 1x | 1.09x | 0.21x | 0.31x | 0.01x | 0.02x | 0.36x |
Ipo Lot Size
| Application | Lots | Shares | Amount |
|---|
| Retail (Min) | 1 | 14 | ₹14,742 |
| Retail (Max) | 13 | 182 | ₹1,91,646 |
| S-HNI (Min) | 14 | 196 | ₹2,06,388 |
| S-HNI (Max) | 67 | 938 | ₹9,87,714 |
| B-HNI (Min) | 68 | 952 | ₹10,02,456 |
Ipo Reservation
| Category | Reservation |
|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
About Company
| Section | Details |
| Company Overview | Clean Max Enviro is India’s largest commercial and industrial (C&I) renewable energy provider as of March 31, 2025 (CRISIL Report). As of July 31, 2025, it has 2.54 GW operational capacity and 2.53 GW contracted capacity under execution. |
| Key Offerings | Supplying renewable power, providing energy services, and offering carbon credit solutions to technology and conventional C&I customers. |
| Core Expertise | Energy contracting, Engineering, Procurement & Construction (EPC), and Operation & Maintenance (O&M) of renewable energy plants (solar, wind, and hybrid). |
| Business Offerings | As detailed in the offer document. |
| Competitive Strengths | As detailed in the offer document. |
Objective of Ipo
| # | Issue Objects | Estimated Amount (₹ Cr) |
| 1 | Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of the Company and/or certain of the Subsidiaries | 1,122.67 |
| 2 | General Corporate Purposes | - |
| Total | | 1,122.67 |
Financial Report
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|
| Assets | 16,945.65 | 13,279.25 | 9,076.55 | 7,000.14 |
| Total Income | 969.35 | 1,610.34 | 1,425.31 | 960.98 |
| Profit After Tax | 19.00 | 19.43 | -37.64 | -59.47 |
| EBITDA | 637.85 | 1,015.07 | 741.57 | 405.92 |
| Net Worth | 2,598.34 | 2,545.44 | 1,817.96 | 1,209.93 |
| Total Borrowing | 10,121.46 | 7,973.70 | 5,514.56 | 3,843.42 |
Amount in ₹ Crore
