Clean Max Enviro Energy Solutions IPO Details 2026

Clean Max Enviro Energy Solutions Ltd.

Clean Max Enviro Energy Solutions IPO is a book-built public issue with a total size of ₹5200.00 crore, aimed at raising capital to support the company’s growth plans and business expansion.

The IPO consists of Fresh-cum-offer for sale, offering investors an opportunity to participate in the company’s future journey through listing on the NSE & BSE both stock exchanges.

The IPO opened for subscription on Feb 23, 2026, and closed on Feb 25, 2026. The basis of allotment was finalized on Feb 26, 2026, and the equity shares were subsequently listed on NSE & BSE both stock exchanges at Mar 02, 2026.

IPO Open

Feb 23, 2026 - Feb 25, 2026

Price Band

₹1000.00 - ₹1053.00

Listing

On BSE, NSE at Mar 02, 2026

Market Cap (Pre-IPO)

₹11,881.82 Cr.

Clean Max Enviro Energy Solutions IPO Details

Face Value ₹1.00 per share
Price Band ₹1000.00 - ₹1053.00
Lot Size 14 Shares
Sale Type Fresh-cum-offer for sale
Issue Type Book Building
Listing Exchange(s) BSE, NSE
Employee Discount ₹100
Total Issue Size ₹5,200 Cr
Fresh Issue ₹1,500 Cr
Offer For Sale ₹3,700 Cr
Share Holding Pre Issue 10,14,41,820
Share Holding Post Issue 11,28,37,831
Promoter Holding Pre IPO 74.89

Clean Max Enviro Energy Solutions IPO Time Table (Tentative)

Opening Date Feb 23, 2026
Closing Date Feb 25, 2026
Allotment Date Feb 26, 2026
Refund Date Feb 26, 2026
Credit of Shares in Demate Account Feb 27, 2026
Listing Date Mar 02, 2026

Clean Max Enviro Energy Solutions IPO Lot Size

Investor Type Lots Shares Amount
Retail (Min) 1 14 ₹14,742
Retail (Max) 13 182 ₹1,91,646
S-HNI (Min) 14 196 ₹2,06,388
S-HNI (Max) 67 938 ₹9,87,714
B-HNI (Min) 68 952 ₹10,02,456

Financials (Restated Consolidated)

Quarter Assets Total Income Profit After Tax EBITDA NET Worth Reserves and Surplus Total Borrowing
Sep 30, 2025 16,945.65 696.35 19 637.85 2,598.34 0 10,121.46
Mar 31, 2025 13,279.25 1,610.34 19.43 1,015.07 2,545.44 0 7,973.7
Mar 31, 2024 9,076.55 1,425.31 -37.64 741.57 1,817.96 0 5,514.56
Mar 31, 2023 7,000.14 960.98 -59.47 405.92 1,209.93 0 3,843.42
Amount in ₹ Crore

Live GMP**

GMP Date IPO Price GMP Estimated Listing Price Rating
Feb 24, 2026 ₹1,053 ₹1 ₹1,054
(0.095%)
🔥
* Estimated Profit/Loss per lot. GMP * MARKET LOT.

Clean Max Enviro Energy Solutions IPO Objects

# Issue Objects Estimate Amount (₹ Cr.)
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 1,200
2 General Corporate Purposes -

Company Contact Details

  • Clean Max Enviro Energy Solutions Ltd.
  •   4th Floor, The International 16 Maharshi Karve Road 4th Floor, The International 16 Maharshi Karve Road
    Maharashtra - 400020
  •   +91 22 6252 000
  •   Secretarial@cleanmax.com
  •   Visit Website

IPO Registrar

  • MUFG Intime India Pvt.Ltd.
  •   C 101, 247 Park, L.B.S.Marg, C 101, 247 Park, L.B.S.Marg,
    Mumbai Maharashtra - 400083
  •   +022 - 4918 6000
  •   mumbai@in.mpms.mufg.com
  •   Visit Website

IPO FAQs

What is Clean Max Enviro Energy Solutions IPO?

Clean Max Enviro Energy Solutions IPO is the process through which the company is offering its equity shares to the public for the first time to raise funds and get listed on the stock exchange.

When will Clean Max Enviro Energy Solutions IPO open for subscription?

Clean Max Enviro Energy Solutions IPO will open for subscription on Feb 23, 2026 and will remain open for bidding during market hours.

When will Clean Max Enviro Energy Solutions IPO close?

The IPO of Clean Max Enviro Energy Solutions Ltd. will close on Feb 25, 2026 unless extended or shortened by the company.

What is the IPO issue size of Clean Max Enviro Energy Solutions Ltd.?

The total issue size of Clean Max Enviro Energy Solutions IPO is ₹5,200 Cr.

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

The price band for Clean Max Enviro Energy Solutions IPO has been fixed at ₹1000.00 to ₹1053.00 per share.

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

The lot size for Clean Max Enviro Energy Solutions IPO is 14 Shares shares.

Is Clean Max Enviro Energy Solutions IPO a Fresh Issue or Offer for Sale (OFS)?

Clean Max Enviro Energy Solutions IPO consists of Fresh-cum-offer for sale, as per details mentioned in the RHP/DRHP.

What is the face value of Clean Max Enviro Energy Solutions Ltd. shares?

The face value of each equity share of Clean Max Enviro Energy Solutions Ltd. is ₹1.00 per share.

Which stock exchange will Clean Max Enviro Energy Solutions IPO be listed on?

The shares of Clean Max Enviro Energy Solutions Ltd. will be listed on BSE, NSE.

What is the listing date of Clean Max Enviro Energy Solutions IPO?

Clean Max Enviro Energy Solutions IPO is expected to be listed on 2026-03-02, subject to final allotment and approvals.

What is the IPO objective of Clean Max Enviro Energy Solutions Ltd.?

The proceeds from Clean Max Enviro Energy Solutions IPO will be used for:

  • Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of our Company and/or certain of our Subsidiaries
  • General Corporate Purposes

How many shares are offered in Clean Max Enviro Energy Solutions IPO?

A total of 11,28,37,831 equity shares are being offered under the IPO.

Is Clean Max Enviro Energy Solutions IPO a Mainboard or SME IPO?

Clean Max Enviro Energy Solutions IPO is a IPO, as per stock exchange classification.

What is the market lot for retail investors?

The market lot for retail investors in Clean Max Enviro Energy Solutions IPO is 1 shares per application.

Can retail investors apply for Clean Max Enviro Energy Solutions IPO?

Yes, retail investors can apply for Clean Max Enviro Energy Solutions IPO provided they meet the minimum investment criteria.