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  2. /Clean Max IPO
Clean Max Enviro Energy Solutions IPO logo

Clean Max Enviro Energy Solutions IPO

Mainboard • BSE, NSE

Min. investment

₹14,742

IPO DetailsSubscriptionPriceListingAllotmentReviewsNews

Issue Size

₹3,100 Cr

Price

₹1000 to ₹1053

Lot Size

14 shares

IPO Dates

23 Feb - 25 Feb

Min. Investment

₹14,742

Status

Listed

Issue Size

₹3,100 Cr

Price

₹1000 to ₹1053

Lot Size

14 shares

IPO Dates

23 Feb - 25 Feb

Min. Investment

₹14,742

Status

Listed

Clean Max Enviro Energy Solutions IPO overview

IPO Prospectus

DHRPRHP

IPO Progress

23 Feb

Open

25 Feb

Close

26 Feb

Allotment/Refund

2 Mar

Listing

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Key Financial Ratios

P/E

377.42x

ROE

1.09%

IPO Lot Size

Cat.CategoryLotsSharesNo of sharesAmountProfitProfit
Retail (Min)114₹14,742-₹1,302-8.8%
Retail (Max)13182₹1,91,646-₹16,926-8.8%
S-HNI (Min)14196₹2,06,388-₹18,228-8.8%
S-HNI (UPI)33462₹4,86,486-₹42,966-8.8%
S-HNI (Max)67938₹9,87,714-₹87,234-8.8%
B-HNI (Min)68952₹10,02,456-₹88,536-8.8%
SHA (Max)13182₹1,91,646-₹16,926-8.8%

Profit based on the official listing price for each investor category.

Subscription Figure

CategoryOfferedAppliedTimes
QII58,16,0141,73,74,7562.99
NII43,68,73524,76,1520.57
NII (>10L)29,12,49023,76,3040.82
NII (<10L)14,56,24599,8480.07
Retail1,01,93,7156,83,8440.07
Employee3,14,79534,8040.11
Total2,06,93,2592,05,69,5560.99

Application-Wise Breakup

HNI (>10L)14,8591070.01
HNI (3-10L)7,4293980.05
Retail7,28,12235,5650.05
Employee-1,116-
Total7,50,41037,1860.05
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Lead Manager(s)

  1. Axis Capital Ltd.
  2. JP Morgan India Pvt.Ltd.
  3. BNP Paribas
  4. HSBC Securities
  5. Capital Markets (India) Pvt.Ltd.
  6. IIFL Capital Services Ltd.
  7. Nomura Financial Advisory
  8. Securities (India) Pvt.Ltd.
  9. BOB Capital Markets Ltd.
  10. SBI Capital Markets Ltd.

Company Promotor(s)

  1. Kuldeep Jain
  2. Pratap Jain
  3. Nidhi Jain
  4. BGTF One Holdings (DIFC) Ltd
  5. Kempinc LLP are the company promoters.

Registrar Details

Name

MUFG Intime India Private Limited (Link Intime)

Phone

2249186270

Email

ipo.helpdesk@in.mpms.mufg.com

Address

Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083

Website

https://in.mpms.mufg.com/home.html

Company Contact Details

Name

Clean Max Enviro Energy Solutions IPO

Phone

91 22 6252 000

Email

secretarial@cleanmax.com

Website

https://www.cleanmax.com/

Address

4th Floor, The International 16 Maharshi Karve Road, New Marine Lines Cross Road No.1, Churchgate Mumbai, Maharashtra, 400020

About Company

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

Disclaimer

Information on this page is for general awareness only and is not investment advice. Grey market premium (when shown) is unofficial and indicative. Always read the RHP/DRHP and consult a qualified adviser before investing.

Common questions about Clean Max Enviro Energy Solutions IPO

What is Clean Max Enviro Energy Solutions IPO?

Clean Max Enviro Energy Solutions IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Clean Max Enviro Energy Solutions IPO?

What is the minimum investment required for Clean Max Enviro Energy Solutions IPO?

What is the lot size of Clean Max Enviro Energy Solutions IPO?

What are the opening and closing dates of Clean Max Enviro Energy Solutions IPO?

What is Clean Max Enviro Energy Solutions IPO subscription status?

What is Clean Max Enviro Energy Solutions IPO GMP today?

Is Clean Max Enviro Energy Solutions IPO GMP positive or negative?

What does Clean Max Enviro Energy Solutions IPO GMP indicate for listing?

When is Clean Max Enviro Energy Solutions IPO listing date?

Where can I check Clean Max Enviro Energy Solutions IPO allotment status?

Can Clean Max Enviro Energy Solutions IPO subscription and GMP change before listing?

Offer Breakup

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  • QIB50%
  • NII15%
  • RII35%

Financial Performance

Clean Max Enviro Energy Solutions IPO

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Clean Max Enviro Energy Solutions IPO Ratings & Reviews