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Clean Max Enviro Energy Solutions IPO IPO

Mainline23 Feb 202625 Feb 2026
Open
23 Feb 2026
Close
25 Feb 2026
3
Allotment
Listing
Mon, Mar 2, 2026
Price Band
₹1000 to ₹1053
Issue Size
2,92,50,277 shares (agg. up to ₹3,080 Cr)
Lot Size
14 Shares
Listing Date
Mon, Mar 2, 2026
Latest GMP
₹-35
Est. Gain
-3.32%
✦ AI Insight

GMP Trend

02-03-2026-35Est. ₹1018-3.32%
01-03-2026-35Est. ₹1018-3.32%
28-02-2026-35Est. ₹1018-3.32%

Live Subscription

CategorySubscription (times)
Total1.00x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets16,945.6513,279.259,076.557,000.14
Total Income969.351,610.341,425.31960.98
Profit After Tax19.0019.43-37.64-59.47
EBITDA637.851,015.07741.57405.92
NET Worth2,598.342,545.441,817.961,209.93
Total Borrowing10,121.467,973.705,514.563,843.42
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of the Company and/or certain of the Subsidiaries1,122.67
2General Corporate Purposes23.79
3Issue Expenses134.63
Total1,281.10

About Clean Max Enviro Energy Solutions IPO

Clean Max Enviro is India’s largest commercial and industrial (“C&I”) renewable energy provider. As of July 31, 2025, the company 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, Exec

Contact Details

Clean Max Enviro Energy Solutions Ltd. Address4th FloorThe International 16 Maharshi Karve RoadNew Marine Lines Cross Road No.1, ChurchgateMumbai, Maharashtra, 400020+91 22 6252 000Secretarial@cleanmax.comVisit Website