Clean Max Enviro Energy Solutions IPO Subscription Status
Clean Max Enviro Energy Solutions IPO was subscribed 0.99 times when bidding closed on 25 Feb 2026: QIB 2.99x, NII 0.57x, Retail 0.07x.
The Clean Max Enviro Energy Solutions IPO has been subscribed 0.99x times overall. Retail investors have shown interest with bids for 0.07x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.57x. Within NII, Big HNI (B-HNI) subscribed 0.82x and Small HNI (S-HNI) subscribed 0.07x. Qualified Institutional Buyers (QIBs) have subscribed 2.99x. Data last updated on 27 Aug, 12:07 PM.
The IPO subscription period has ended. The issue is currently undersubscribed, presenting a higher chance of allotment for applicants. The issue opened on 23 Feb, 2026 and closes on 25 Feb, 2026. The shares are expected to list on stock exchanges on 02 Mar, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 1,83,58,591 of 61,39,997 1,933.16 Cr | 2.99x |
| NII | 26,24,850 of 46,05,000 276.40 Cr | 0.57x |
| Retail | 7,52,150 of 1,07,44,999 79.20 Cr | 0.07x |
| Employee | 36,667 of 3,33,333 3.86 Cr | 0.11x |
| TOTAL | 2,16,05,096 34,119 applications 2,275.02 Cr | 0.99x |
Clean Max Enviro Energy Solutions IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹1,053.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 1.00x subscribed | 34,119 | 34,128 | AllAll allotted |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.
Caution Advised
The stock is trading at a discount (-3%) in the grey market, signaling potential listing at or below the issue price.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
25 Feb 2026
Day 3 |
0.99x | ▼ | |
|
QIB2.99x
BHNI0.82x
SHNI0.07x
Retail0.07x
Employee0.11x
|
|||
|
24 Feb 2026
Day 2 |
0.47x | ▼ | |
|
QIB1.21x
BHNI0.6x
SHNI0.04x
Retail0.04x
Employee0.05x
|
|||
|
23 Feb 2026
Day 1 |
0.34x | ▼ | |
|
QIB1.03x
BHNI0.3x
SHNI0.01x
Retail0.02x
Employee0.02x
|
|||
Clean Max Enviro Energy Solutions IPO dates
From the bidding window to listing. Today is 3 October.
- Open 23 Feb 2026
- Close 25 Feb 2026
- Allotment 26 Feb 2026
- Refund/credit 26 Feb 2026
- Listing 02 Mar 2026
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
Clean Max Enviro Energy Solutions IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Clean Max Enviro Energy Solutions IPO?
As of IPO close date (25 Feb, 2026), the Clean Max Enviro Energy Solutions IPO is subscribed 0.99x times. Retail category is 0.07x, and NII is 0.57x subscribed.
When is the allotment date for Clean Max Enviro Energy Solutions IPO?
The allotment for Clean Max Enviro Energy Solutions IPO is expected to be finalized on 26 February, 2026.
What is the GMP of Clean Max Enviro Energy Solutions?
The Grey Market Premium (GMP) for Clean Max Enviro Energy Solutions is currently ₹-35, indicating a potential listing gain of -3%.
When will Clean Max Enviro Energy Solutions IPO list on the stock market?
Clean Max Enviro Energy Solutions is scheduled to list on BSE and NSE on 02 March, 2026.
What are the chances of getting allotment in Clean Max Enviro Energy Solutions IPO?
The retail category is currently undersubscribed at 0.07x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.
What does QIB subscription of 2.99x mean for Clean Max Enviro Energy Solutions IPO?
Moderate — QIBs have subscribed 2.99x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Clean Max Enviro Energy Solutions IPO allotment status?
After the allotment date (26 Feb, 2026), you can check your Clean Max Enviro Energy Solutions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Clean Max Enviro Energy Solutions IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
