Clean Max Envior Energy Solutions IPO Listing at 10.00% discount at ₹960.00 Per Share

Posted by : Neeraj Pandey | Mon Mar 02 2026

Clean Max Envior Energy Solutions IPO Listing Today: The Clean Max Envior Energy Solutions IPO was subscribed 0.99 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 2.99 times, and non-institutional investors (NIIs) received 0.57 times. The retail quota of the issue was subscribed to 34.62%. Before delving deeper into the topic, go through the details of the Clean Max Envior Energy Solutions IPO.

Table of Contents

Clean Max Envior Energy Solutions IPO

It is a bookbuilding IPO of ₹3,079.88 crore, comprising 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 Clean Max Envior Energy Solutions IPO date is fixed between 23rd February 2026 to 25th February 2026. The face value of Clean Max Envior Energy Solutions shares stands at ₹1 per share, and the IPO Issue price band is set at ₹1,000 to ₹1,053 per share

IPO Allotment Date	26th February 2026
IPO Open Date	23rd January 2026
IPO Close Date	25th February 2026
Refund Initiation	27th February 2026
Issue Size	2,94,39,695 shares(agg. up to ₹3,100 Cr)
Fresh Issue	1,13,96,011 shares(agg. up to ₹1,200 Cr)
Offer for Sale	1,80,43,684 shares of ₹1(agg. up to ₹1,900 Cr)
Face Value	₹1 per share
Lot Size	14 Shares
Issue Price	₹1,000 to ₹1,053 per share
Issue Type	Bookbuilding IPO
Listing At	BSE NSE
Listing Date	2nd March 2026

Clean Max Envior Energy Solutions Listing

On the NSE platforms, Clean Max Envior Energy Solutions shares are listed at ₹960.00 per share, reflecting a 10.00% discount over the issue price of 1,053.00 per share. On BSE platforms, the shares are listed at ₹952 per share.

About Clean Max Envior Energy Solutions Limited

Clean Max Enviro is the largest commercial and industrial (“C&I”) renewable energy company in India as of March 31, 2025, as per 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 major services include the supply of renewable energy, energy services, and carbon credit solutions. We serve a broad spectrum of customers, ranging from Technology customers to traditional C&I customers. The company’s expertise lies in Energy contracting, Engineering, procurement, and construction (EPC), and Operation and maintenance (O&M) of renewable energy power plants (solar, wind, and hybrid).

Clean Max Envior Energy Solutions Limited Financials

The company’s financial analysis is essential before applying for the Clean Max Envior Energy Solutions IPO. See the table for Clean Max Envior Energy Solutions Limited’s financials.

Year Ended	30th Sep 2025 (in cr.)	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	16,945.65	13,279.25	9,076.55	7,000.14
Revenue	969.35	1,610.34	1,425.31	960.98
Profit After Tax	19.00	19.43	-37.64	-59.47
EBITDA	637.85	19.43	741.57	405.92
Net Worth	2,598.34	2,545.44	1,817.96	1,209.93
Reserves and Surplus	–	–	–	–
Total Borrowings	10,121.46	7,973.70	5,514.56	3,843.42

Explanation

Clear Max Envior Energy Solutions Limited’s revenue increased by 12.98% from ₹1,425.31 crores in March 2024 to ₹1,610.34 crores in March 2025. Moreover, the company’s PAT increased by 151.62% from -₹37.64 crores in March 2024 to ₹19.43 crores in March 2025.