Clean Max Enviro Energy Solutions IPO Details

MAINBOARD

Clean Max Enviro Energy Solutions IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

The Lead Managers for Clean Max Enviro Energy Solutions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Axis Capital Ltd, BNP Paribas, Nomura Financial Advisory & Securities (India) Pvt Ltd, IIFL Capital Services Ltd, HSBC Securities & Capital Markets Pvt Ltd, SBI Capital Markets Ltd, BOB Capital Markets Ltd, JP Morgan India Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Clean Max Enviro Energy Solutions Limited DRHP.

Clean Max Enviro Energy Solutions IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹1 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
10,14,41,820 shares
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

Clean Max Enviro Energy Solutions IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Clean Max Enviro Energy Solutions IPO Reservation

Promoter Holding

Pre Issue:74.89%
Post Issue:-
Promoter Names:
Kuldeep Jain, Pratap Jain, Nidhi Jain, BGTF One Holdings (DIFC) Ltd, Kempinc LLP

Clean Max Enviro Energy Solutions IPO Valuations

ROE:1%
ROCE:6%
DEBT/EQUITY:2.49
RONW:1.09%
PAT MARGIN:1.00%

Clean Max Enviro Energy Solutions Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets13,279.259,076.557,000.14
Total Income1,610.341,425.31960.98
Profit After Tax19.43-37.64-59.47
EBITDA1,015.07741.57405.92
Net Worth3,054.002,178.041,439.20
Reserves and Surplus2,465.251,781.721,177.32
Total Borrowing7,973.705,514.563,843.42
Amount in ₹ Crore

About Clean Max Enviro Energy Solutions IPO

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

Strength Of Clean Max Enviro Energy Solutions IPO

To be announced

Risk Of Clean Max Enviro Energy Solutions IPO

To be announced

Objectives Clean Max Enviro Energy Solutions IPO

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

2. General corporate purposes

Company Contact Details

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: Secretarial@cleanmax.com
Website: http://www.cleanmax.com/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

Clean Max Enviro Energy Solutions IPO - FAQs

The Clean Max Enviro Energy Solutions IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹1 each, aggregating to a total issue size of ₹5,200.00 Cr. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Clean Max Enviro Energy Solutions IPO opens on TBA.

Clean Max Enviro Energy Solutions IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Clean Max Enviro Energy Solutions IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Clean Max Enviro Energy Solutions IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Clean Max Enviro Energy Solutions IPO allotment status for updates.

The listing date for the Clean Max Enviro Energy Solutions IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Clean Max Enviro Energy Solutions IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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