Clean Max Enviro Energy Solutions IPO — Date, Price Band, GMP & Allotment 2026
Clean Max Enviro Energy Solutions IPO opens on 20 February 2026, closing 24 February, with allotment on 25th and listing on 27th. Founded in 2010, this Mumbai-based firm leads India's C&I renewable energy space. It thrives on OPEX and CAPEX models, delivering onsite solar, wind hybrids, and decarbonization via long-term PPAs to giants like Google, Apple. Presence spans India primarily, extending to UAE, Thailand, Bahrain.
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Stock Price
As the IPO is listed, here is the Live Share Price for Clean Max Enviro Energy Solutions
IPO Summary
What is the Clean Max Enviro Energy Solutions IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 23 Feb, 2026 | Monday |
| IPO Close Date | 25 Feb, 2026 | Wednesday |
| Basis of Allotment | 26 Feb, 2026 | Thursday |
| Refunds Initiated | 26 Feb, 2026 | Thursday |
| Credit to Demat | 27 Feb, 2026 | Friday |
| Listing Date | 02 Mar, 2026 | Monday |
What is the Clean Max Enviro Energy Solutions IPO Lot Size?
Bidding in multiples of 14 shares.
| Application | 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 |
About Clean Max Enviro Energy Solutions
The company offers renewable energy solutions including solar, wind and hybrid power projects, along with engineering, procurement and construction (EPC) services and operation and maintenance support. Its business model is largely based on long-term power purchase agreements (PPAs), group captive projects and energy-as-a-service offerings for corporate clients. Clean Max focuses on helping businesses reduce energy costs and carbon footprint, while generating stable revenues through long-term contracts and diversified industrial clientele.
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Clean Max Enviro Energy Solutions Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of our Company and/or certain of our Subsidiaries | ₹1200 Cr. |
| General corporate purposes |
Company Financials
The Clean Max Enviro Energy Solutions company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 1,610.34 | 1,425.31 | 960.98 |
| OPM % | 22.42 | 23.06 | |
| EBITDA | 1,015.07 | 741.57 | 405.92 |
| Net Profit | 19.43 | -37.64 | -59.47 |
| Debt | 7,973.70 | 5,514.56 | 3,843.42 |
| Assets | 13,279.25 | 9,076.55 | 7,000.14 |
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Promoters and Shareholding Details
Kuldeep Jain, Pratap Jain, Nidhi Jain, BGTF One Holdings (DIFC) Ltd and Kempinc LLP are the company promoters.
| Particular | % Share |
|---|---|
| Promoter Holding Pre Issue | 74.89 |
| Promoter Holding Post Issue | 49.08 |
Frequently Asked Questions
What is the GMP of Clean Max Enviro Energy Solutions?
The current Grey Market Premium (GMP) of Clean Max Enviro Energy Solutions is ₹ -35.
What is the Clean Max Enviro Energy Solutions IPO Price Band?
The price band for Clean Max Enviro Energy Solutions IPO is ₹1000 to ₹1053.
When is the Clean Max Enviro Energy Solutions IPO Allotment?
The allotment date for Clean Max Enviro Energy Solutions IPO is February 26, 2026.
How to check Clean Max Enviro Energy Solutions IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (MUFG Intime India Pvt.Ltd.).
Official Documents
Company Contact Details
Registrar
MUFG Intime India Pvt.Ltd.
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