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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.
Frequently Asked Questions
What is the issue size of Clean Max Enviro Energy Solutions IPO?
The issue size for Clean Max Enviro Energy Solutions IPO is ₹3100 Cr
What is 'pre-apply' for Clean Max Enviro Energy Solutions IPO?
You can apply for the Clean Max Enviro Energy Solutions IPO 2 days before the official subscription period begins using the pre-apply option.
How can I pre-apply for Clean Max Enviro Energy Solutions IPO?
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.
If I pre-apply for Clean Max Enviro Energy Solutions IPO, when will my order get placed?
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.
When will I know if my Clean Max Enviro Energy Solutions IPO order is placed?
We will notify you when your Clean Max Enviro Energy Solutions order is placed with the exchange.
What are the open and close dates of the Clean Max Enviro Energy Solutions IPO?
The open date is 23 Feb’2026 and the closing date is 25 Feb’2026
What is the lot size of the Clean Max Enviro Energy Solutions IPO?
The lot size of the IPO is 14 shares
What is the price band of the Clean Max Enviro Energy Solutions IPO?
The price band of the IPO is ₹1000 to ₹1053 per share
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Registrar information
Name
MUFG Intime India Pvt.Ltd.
Phone number
+91-22-4918 6270
Email ID
cleanmax.ipo@in.mpms.mufg.com
Clean Max Enviro Energy Solutions IPO






