Clean Max Enviro Energy Solutions IPO: Open/Close Date, Price, How to Apply - Religare Broking

Clean Max Enviro Energy Solutions IPO

Clean-Max-Enviro-Energy-Solutions-IPO

Clean Max Enviro Energy Solutions IPO

IPO Details
Bidding Date Feb 23, 2026 IPO Price Range ₹1000 to ₹1053 per share IPO Size ₹3100 Cr
Listing Exchange BSE, NSE Listing Date Mar 2, 2026 Lot Size 14 Shares

Minimum Investment
₹14742/14shares

IPO Timeline

Open DateFeb 23, 2026
Close DateFeb 25, 2026
Allotment FinalisationFeb 26, 2026
Demat TransferFeb 27, 2026
Refund InitiationFeb 27, 2026
ListingMar 2, 2026

About Clean Max Enviro Energy Solutions IPO

Clean Max Enviro Energy Solutions Limited is India’s largest commercial and industrial renewable energy provider as of March 31, 2025, according to the CRISIL Report. As of July 31, 2025, it has 2.54 GW of operational, owned and managed capacity, and 2.53 GW of contracted capacity yet to be executed. With nearly 15 years of experience since its inception in 2010, the Company specializes in delivering Net Zero and decarbonization solutions. Its offerings include the supply of renewable power, energy services, and carbon credit solutions to customers across data centres and AI and technology industries as well as C&I enterprises across diverse sectors such as infrastructure, cement, steel, industrial manufacturing, FMCG, pharmaceuticals, real estate, and global capability centres. The Company’s expertise spans across providing  energy  contracting,  engineering,  procurement  and  construction services,  and  operation  and maintenance services of renewable energy plants including solar, wind and hybrid plants. These solutions are delivered both within customers’ premises and through renewable energy farms developed by the Company.

Clean Max Enviro Energy Solutions IPO Subscription Status

Date QIB NII Retail Total
TBA 0 0 0 0
TBA 0 0 0 0

Cult.fit IPO Financial Status

Particulars (in Rs. Crores) 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

Clean Max Enviro Energy Solutions IPO SWOT Analysis

Strengths

  • Comprehensive suite of customer-centric capabilities leading to C&I market leadership and strong customer relationships.
  • Timely and cost-effective project development, execution, and management capabilities.
  • Efficient capital allocation and risk management.
  • Diversified portfolio across solar, wind, and hybrid energy solutions.

Risks

  • The Company’s debt obligations may reduce available cash flows and limit its ability to respond to changing market conditions.
  • The Company’s business is subject to changes in renewable energy and open access regulations.
  • Potential credit risk arising from C&I customer defaults or delays.
  • Fluctuations in weather patterns and resource availability may impact power generation levels.

How to Apply - Clean Max Enviro Energy Solutions IPO

Retail investors can apply for the IPO using their Demat Account. Don’t miss your chance!

Apply for IPO Online Using Dynami App

Invest in companies listing on the Indian exchanges with an IPO

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Frequently Asked Questions

The issue size for Clean Max Enviro Energy Solutions IPO is ₹3100 Cr

You can apply for the Clean Max Enviro Energy Solutions IPO 2 days before the official subscription period begins using the pre-apply option.

Pre-applying for the Clean Max Enviro Energy Solutions IPO lets you apply before it officially opens. Click on the Apply Now link to apply for Clean Max Enviro Energy Solutions IPO on Religare Broking.

Your order will be submitted to the exchange as soon as bidding for Clean Max Enviro Energy Solutions begins. You will receive a UPI request within 24 hours after the bidding starts.

We will notify you when your Clean Max Enviro Energy Solutions order is placed with the exchange.

The open date is 23 Feb’2026 and the closing date is 25 Feb’2026

The price band of the IPO is ₹1000 to ₹1053 per share

Upcoming IPOs Announced & Expected

Registrar information

Name
MUFG Intime India Pvt.Ltd.

Phone number
+91-22-4918 6270

Email ID

cleanmax.ipo@in.mpms.mufg.com