{"id":62567,"date":"2026-02-25T11:06:29","date_gmt":"2026-02-25T05:36:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=62567"},"modified":"2026-02-25T11:06:31","modified_gmt":"2026-02-25T05:36:31","slug":"clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/","title":{"rendered":"Clean Max Envior Energy Solutions IPO Day 3: Subscription at 0.47x, GMP fall 0.28% | Live Updates"},"content":{"rendered":"<p>The <strong>Clean Max Envior Energy Solutions IPO GMP <\/strong>is \u20b93 as of 23rd February 2026. It is a book-building issue IPO of \u20b93,100.00 crores. This is an entirely fresh issue of 1.14 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 2nd March 2026. The face value of Clean Max Envior Energy Solutions IPO shares is \u20b91 per share, and the IPO price band is \u20b91,000 to \u20b91,053 per share. Retail investors can bid for a minimum of 1 lots of 14 shares worth \u20b914,742. Scroll down to check the Clean Max Envior Energy Solutions IPO GMP and subscription details.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Clean_Max_Envior_Energy_Solutions_IPO_GMP_Grey_Market_Premium\" title=\"Clean Max Envior Energy Solutions IPO GMP Grey Market Premium\">Clean Max Envior Energy Solutions IPO GMP Grey Market Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Clean_Max_Envior_Energy_Solutions_IPO_Subscription_Status\" title=\"Clean Max Envior Energy Solutions IPO Subscription Status\">Clean Max Envior Energy Solutions IPO Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Clean_Max_Envior_Energy_Solutions_IPO_Details\" title=\"Clean Max Envior Energy Solutions IPO Details\">Clean Max Envior Energy Solutions IPO Details<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#About_Clean_Max_Envior_Energy_Solutions_Ltd\" title=\"About Clean Max Envior Energy Solutions Ltd.\">About Clean Max Envior Energy Solutions Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Clean_Max_Envior_Energy_Solutions_Limited_Financials\" title=\"Clean Max Envior Energy Solutions Limited Financials\">Clean Max Envior Energy Solutions Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Explanation-2\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Clean_Max_Envior_Energy_Solutions_IPO_Objectives\" title=\"Clean Max Envior Energy Solutions IPO Objectives\">Clean Max Envior Energy Solutions IPO Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Clean_Max_Envior_Energy_Solutions_IPO_Registrar\" title=\"Clean Max Envior Energy Solutions IPO Registrar\">Clean Max Envior Energy Solutions IPO Registrar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Clean_Max_Envior_Energy_Solutions_IPO_Review\" title=\"Clean Max Envior Energy Solutions IPO Review\">Clean Max Envior Energy Solutions IPO Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#FAQs_on_Clean_Max_Envior_Energy_Solutions_IPO\" title=\"FAQs on Clean Max Envior Energy Solutions IPO\">FAQs on Clean Max Envior Energy Solutions IPO<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#What_is_the_Clean_Max_Envior_Energy_Solutions_IPO_GMP\" title=\"What is the Clean Max Envior Energy Solutions IPO GMP?\">What is the Clean Max Envior Energy Solutions IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#What_is_the_issue_price_of_the_Clean_Max_Enviro_Energy_Solutions_IPO\" title=\"What is the issue price of the Clean Max Enviro Energy Solutions IPO?\">What is the issue price of the Clean Max Enviro Energy Solutions IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Who_is_the_registrar_of_the_Clean_Max_Envior_Energy_Solutions_IPO\" title=\"Who is the registrar of the Clean Max Envior Energy Solutions IPO?\">Who is the registrar of the Clean Max Envior Energy Solutions IPO?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/clean-max-envior-energy-solutions-ipo-day-3-subscription-at-0-47x-gmp-fall-0-28-live-updates\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Clean_Max_Envior_Energy_Solutions_IPO_GMP_Grey_Market_Premium\"><\/span><strong>Clean Max Envior Energy Solutions IPO GMP Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As mentioned earlier, the <strong>Clean Max Envior Energy Solutions IPO GMP <\/strong>currently stands at \u20b91.00 per share. Thus, the estimated listing price would be at \u20b91,054.00. This indicates that the estimated listing gain in this IPO could be 0.09%. Explore the table for <strong>Clean Max Envior Energy Solutions<\/strong> <strong>IPO GMP<\/strong> updates.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP DATE<\/strong><\/td><td><strong>IPO Price<\/strong><\/td><td><strong>GMP Price<\/strong><\/td><td><strong>Estimated Listing Price<\/strong><\/td><td><strong>Estimated Gain<\/strong><\/td><\/tr><tr><td><strong>24-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b91.00<\/td><td>\u20b91,054.00<\/td><td>0.09%<\/td><\/tr><tr><td><strong>23-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b91.00<\/td><td>\u20b91,056.00<\/td><td>0.09%<\/td><\/tr><tr><td><strong>22-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b94.00<\/td><td>\u20b91,057.00<\/td><td>0.38%<\/td><\/tr><tr><td><strong>21-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b94.00<\/td><td>\u20b91,057.00<\/td><td>0.38%<\/td><\/tr><tr><td><strong>20-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b93.00<\/td><td>\u20b91,056.00<\/td><td>0.28%<\/td><\/tr><tr><td><strong>19-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b93.00<\/td><td>\u20b91,056.00<\/td><td>0.28%<\/td><\/tr><tr><td><strong>18-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b99.00<\/td><td>\u20b91,062.00<\/td><td>0.85%<\/td><\/tr><tr><td><strong>17-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b914.00<\/td><td>\u20b91,067.00<\/td><td>1.33%<\/td><\/tr><tr><td><strong>16-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b90.00<\/td><td>\u20b91,053.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>15-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b90.00<\/td><td>\u20b91,053.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>14-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b90.00<\/td><td>\u20b91,053.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>13-2-2026<\/strong><\/td><td>\u20b91,053.00<\/td><td>\u20b90.00<\/td><td>\u20b91,053.00<\/td><td>0.00%<\/td><\/tr><\/tbody><\/table><\/figure><p><em>Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Clean Max Envior Energy Solutions IPO GMP status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Clean Max Envior Energy Solutions IPO <\/em><\/strong><strong>GMP Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Clean_Max_Envior_Energy_Solutions_IPO_Subscription_Status\"><\/span><strong>Clean Max Envior Energy Solutions IPO Subscription Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As of now, the Clean Max Envior Energy Solutions IPO has been subscribed to 0.47 times. Of these, 0.04. times are subscribed by retail investors, 0.44 times by non-institutional investors, and 1.27 times by QII (Qualified Institutional Investors).&nbsp;&nbsp;<\/p><p>The healthy subscription status indicates that investors are expecting higher returns at the time of Clean Max Envior Energy Solutions&#8217; IPO listing on 2nd March 2026. Clean Max Envior Energy Solutions also has a positive outlook behind the fresh issue of 1.14 crore shares, which will raise around Rs 3,100.00 crores.<\/p><p><strong><em>Note:<\/em><\/strong><em> GMP details are subject to change based on market conditions and fluctuations. Check the live Clean Max Envior Energy Solutions IPO Subscription status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Clean Max Envior Energy Solutions IPO Subscription<\/em><\/strong><strong> Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Clean_Max_Envior_Energy_Solutions_IPO_Details\"><\/span><strong>Clean Max Envior Energy Solutions IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>26th February 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>23rd January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>25th February 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>27th February 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>2,94,39,695 shares(agg. up to \u20b93,100 Cr)<\/td><\/tr><tr><td><strong>Fresh Issue&nbsp;<\/strong><\/td><td>1,13,96,011 shares(agg. up to \u20b91,200 Cr)<\/td><\/tr><tr><td><strong>Offer for Sale&nbsp;<\/strong><\/td><td>1,80,43,684 shares of \u20b91(agg. up to \u20b91,900 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b91 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>14 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b91,000 to \u20b91,053 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE NSE<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>2nd March 2026<\/td><\/tr><\/tbody><\/table><\/figure><p><strong><em>Also Read: <\/em><\/strong><a href=\"https:\/\/univest.in\/blogs\/clear-max-envior-energy-solutions-ipo-review\"><strong><em>Clean Max Envior Energy Solutions IPO GMP &amp; Review: Apply or Avoid?<\/em><\/strong><\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Clean Max Envior Energy Solutions IPO<\/strong>: Clean Max Envior Energy Solutions IPO Limited has declared an issue price band of \u20b91,000 to \u20b91,053 per share. With this IPO, the company allows retail investors to bid for at least 1 lots of 14 shares, each worth \u20b914,742. The face value of Clean Max Envior Energy Solutions IPO Limited shares is \u20b91 per share. The shares of Clean Max Envior Energy Solutions IPO Limited will be listed on BSE and NSE on its tentative listing day, 2nd March 2026. Scroll down to check GMP updates and <strong>Clean Max Envior Energy Solutions IPO <\/strong>reviews.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Clean_Max_Envior_Energy_Solutions_Ltd\"><\/span><strong>About Clean Max Envior Energy Solutions Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Clean Max Enviro is the largest commercial and industrial (\u201cC&amp;I\u201d) renewable energy player in India as of March 31, 2025, according to the CRISIL Report. As of July 31, 2025, we have 2.54 GW of operational, owned, and managed capacity and an additional 2.53 GW of contracted capacity under execution. Its primary business activities are the provision of renewable energy, energy services, and carbon credit services. We have a wide range of customers, including Technology customers and traditional C&amp;I customers. The key strengths of the company are Energy contracting, Engineering, procurement, and construction (EPC), and Operation and maintenance (O&amp;M) of renewable energy power plants (solar, wind, and hybrid).<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Clean_Max_Envior_Energy_Solutions_Limited_Financials\"><\/span><strong>Clean Max Envior Energy Solutions Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the<strong> Clean Max Envior Energy Solutions IPO. <\/strong>See the table for Clean Max Envior Energy Solutions Limited&#8217;s financials.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>30th Sep 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>16,945.65<\/td><td>13,279.25<\/td><td>9,076.55<\/td><td>7,000.14<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>969.35<\/td><td>1,610.34<\/td><td>1,425.31<\/td><td>960.98<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>19.00<\/td><td>19.43<\/td><td>-37.64<\/td><td>-59.47<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>637.85<\/td><td>19.43<\/td><td>741.57<\/td><td>405.92<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>2,598.34<\/td><td>2,545.44<\/td><td>1,817.96<\/td><td>1,209.93<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>&#8211;<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>10,121.46<\/td><td>7,973.70<\/td><td>5,514.56<\/td><td>3,843.42<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation-2\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Clear Max Envior Energy Solutions Limited&#8217;s revenue increased by 12.98% from \u20b91,425.31 crores in March 2024 to \u20b91,610.34 crores in March 2025. Moreover, the company&#8217;s PAT increased by 151.62% from -\u20b937.64 crores in March 2024 to \u20b919.43 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Clean_Max_Envior_Energy_Solutions_IPO_Objectives\"><\/span><strong>Clean Max Envior Energy Solutions IPO Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The primary aim of the <strong>Clear Max Envior Energy Solutions IPO<\/strong> is to raise \u20b93,100.00 crores. On the other hand, Fractal Analytics has decided to utilise these funds in different ways.<\/p><ul class=\"wp-block-list\"><li>To the repayment and\/or pre-payment, in part or full, of all or certain outstanding borrowings of the Company and\/or certain of the Subsidiaries<\/li>\n\n<li>To General Corporate Purposes<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Clean_Max_Envior_Energy_Solutions_IPO_Registrar\"><\/span><strong>Clean Max Envior Energy Solutions IPO Registrar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>MUFG Intime India Private Limited is the registrar for the Clear Max Envior Energy Solutions IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Clear Max Envior Energy Solutions allotment and refund, you can contact MUFG Intime India Private Limited at&nbsp; <a href=\"mailto:cleanmax.ipo@in.mpms.mufg.com\">cleanmax.ipo@in.mpms.mufg.com<\/a> or at +91-22-4918 6270.<\/p><p><strong><em>Download the <\/em><\/strong><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest iOS App<\/em><\/strong><\/a><strong><em> or <\/em><\/strong><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest Android App<\/em><\/strong><\/a><strong><em> to get daily stock recommendations and insightful research pieces!<\/em><\/strong>&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Clean_Max_Envior_Energy_Solutions_IPO_Review\"><\/span><strong>Clean Max Envior Energy Solutions IPO Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-1024x536.jpeg\" alt=\"Clean Max Envior Energy Solutions IPO Review\n\" class=\"wp-image-62569\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-1024x536.jpeg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-768x402.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-900x471.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-600x314.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-150x79.jpeg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>The <strong>Clean Max Envior Energy Solutions IPO <\/strong>has gained neutral ratings from industry experts, brokers, and institutional investors. Clear Max Envior Energy Solutions Limited&#8217;s revenue increased by 12.98% from \u20b91,425.31 crores in March 2024 to \u20b91,610.34 crores in March 2025. Moreover, the company&#8217;s PAT increased by 151.62% from -\u20b937.64 crores in March 2024 to \u20b919.43 crores in March 2025. Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we\u2019re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company&#8217;s technical analysis to know whether you should apply for the <strong>Clean Max Envior Energy Solutions IPO <\/strong>or not.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Indicators<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio (Price-to-Earnings)<\/strong><\/a><strong>&nbsp;<\/strong><\/td><td>634.34<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/earnings-per-share-eps-formula\"><strong>EPS (Earnings Per Share)<\/strong><\/a><\/td><td>1.84<\/td><\/tr><tr><td><strong>RoNW<\/strong><\/td><td>0.43%<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/return-on-capital-employed\"><strong>ROCE<\/strong><\/a><\/td><td>&#8211;<\/td><\/tr><tr><td><strong>ROE<\/strong><\/td><td>0.43%<\/td><\/tr><tr><td><strong>EBITDA Margin<\/strong><\/td><td>&#8211;<\/td><\/tr><tr><td><strong>Price to Book Value<\/strong><\/td><td>4.11<\/td><\/tr><tr><td><strong>Market Capitalisation<\/strong><\/td><td>\u20b912,325.29 Cr<\/td><\/tr><\/tbody><\/table><\/figure><p>The P\/E ratio of Clear Max Envior Energy Solutions Limited shares is 634.34, and its Earnings Per Share (EPS) stands at 1.84. Thus, the <strong>Clear Max Envior Energy Solutions IPO<\/strong> can deliver gains on its tentative listing date, 2nd March 2026.&nbsp;<\/p><p><strong><em>Note<\/em><\/strong><em>: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Clear Max Envior Energy Solutions Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.&nbsp;<\/em><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicators<\/strong><\/td><td><strong>Pre-IPO<\/strong><\/td><td><strong>Post-IPO<\/strong><\/td><\/tr><tr><td><strong>PE Ratio<\/strong><\/td><td>634.34<\/td><td>324.28<\/td><\/tr><tr><td><strong>EPS&nbsp;<\/strong><\/td><td>1.84<\/td><td>3.25<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Clean_Max_Envior_Energy_Solutions_IPO\"><\/span><strong>FAQs on Clean Max Envior Energy Solutions IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Clean_Max_Envior_Energy_Solutions_IPO_GMP\"><\/span><strong>What is the Clean Max Envior Energy Solutions IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Currently, on 25th February 2026, the <strong>Clean Max Envior Energy Solutions IPO GMP<\/strong> (Grey Market Premium) stands at \u20b9-3.00. This indicates that the estimated listing price could be \u20b91,050 per share.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_issue_price_of_the_Clean_Max_Enviro_Energy_Solutions_IPO\"><\/span><strong>What is the issue price of the Clean Max Enviro Energy Solutions IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Clean Max Envior Energy Solutions IPO issue price band is set at \u20b91,000.00 to \u20b91,053.00 per share. Retail investors can apply for a minimum of 1 lots, each consisting of 14 shares, worth \u20b914,742. Moreover, HNIs are required to bid for a minimum of 14 lots (196 shares) worth \u20b92,06,388.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_of_the_Clean_Max_Envior_Energy_Solutions_IPO\"><\/span><strong>Who is the registrar of the Clean Max Envior Energy Solutions IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>MUFG Intime India Private Limited is the registrar for the Clear Max Envior Energy Solutions IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Clear Max Envior Energy Solutions allotment and refund, you can contact MUFG Intime India Private Limited at&nbsp; <a href=\"mailto:cleanmax.ipo@in.mpms.mufg.com\">cleanmax.ipo@in.mpms.mufg.com<\/a> or at +91-22-4918 6270.<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Clean Max Envior Energy Solutions IPO, download the Clean Max Envior Energy Solutions IPO RHP and Clean Max Envior Energy Solutions IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/yashhtej-industries-ipo-gmp-subscription-day-3\">Yashhtej Industries IPO Day 3: Subscription at 0.92x, GMP Rises 10.91% | Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/gaudium-ivf-women-health-ipo-gmp-subscription-day-1\">Gaudium IVF &amp; Women Health IPO Day 1: Subscription at 0.27x, GMP Rises 10.76% | Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/manilam-industries-ipo-gmp-subscription-day-1\">Manilam Industries IPO Day 1: Subscription at 0.03x, GMP Flat | Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/yashhtej-industries-ipo-allotment-status\">Yashhtej Industries IPO Allotment Status: 1.05x Subscribed, GMP Rises 1.82% \u2014 Check Online<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/pngs-reva-diamond-jewellery-ipo-review\">PNGS Reva Diamond Jewellery IPO Review 2026: GMP Rises 5.70%, Key Investor Insights<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Clean Max Envior Energy Solutions IPO GMP is \u20b93 as of 23rd February 2026. It is a book-building issue IPO of \u20b93,100.00 crores. This is an entirely fresh issue of 1.14 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 2nd March 2026. The face value of<\/p>\n","protected":false},"author":27,"featured_media":62568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015,1352,3806],"class_list":["post-62567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-gmp","tag-ipo-subscription"],"metadata":{"_edit_lock":["1771997795:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:4:{s:126:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1.jpeg\";a:2:{s:2:\"id\";i:62569;s:11:\"source_type\";s:13:\"media-library\";}s:135:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-1024x536.jpeg\";a:2:{s:2:\"id\";i:62569;s:11:\"source_type\";s:13:\"media-library\";}s:158:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1.jpeg\";a:2:{s:2:\"id\";i:62569;s:11:\"source_type\";s:13:\"media-library\";}s:167:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/25110154\/Clean-Max-Envior-Energy-Solutions-IPO-GMP-Subscription-Status-Day-3.jpg-1-1024x536.jpeg\";a:2:{s:2:\"id\";i:62569;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["82"],"rank_math_title":["Clean Max Envior Energy Solutions IPO Day 3: 0.47x Subscribed, GMP falls -0.28%"],"rank_math_description":["Clean Max Envior Energy Solutions IPO Day 2 sees weak demand at just 0.47x subscription, even as GMP falls 0.28%. 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