Clean Max Enviro Energy IPO GMP, Price, Date, Allotment

Last Updated on February 27, 2026 by Rajat Bhati

Clean Max Enviro Energy IPO Description – Founded in 2010, Clean Max Enviro Energy Solutions is India’s largest commercial and industrial (C&I) renewable energy provider as of 31 March 2025, with 2.54 GW of operational capacity and 2.53 GW of contracted capacity as of 31 July 2025. The company specializes in solar, wind, and hybrid renewable projects, serving over 531 corporate clients—including major data centers, AI, and industrial firms.

Its business model focuses on customer-specific renewable solutions, avoiding utility-scale tariff tenders, and maintaining 77.28% repeat customer demand. Clean Max’s Renewable Energy Power Sales and Renewable Energy Services segments together span onsite and offsite plants across India and select international markets, including the UAE, Bahrain, and Thailand.

As of March 2025, it operated 1,373.95 MW STU-connected capacity (64.22% group captive) and 465.20 MW Capex model capacity. Backed by global investors Brookfield and Augment India Holdings, Clean Max continues to drive India’s C&I decarbonization with a 22.73-year weighted average PPA tenure and a robust focus on Net Zero and carbon-credit services.

Promoters of Clean Max Enviro Energy – Kuldeep Jain, Pratap Jain, Nidhi Jain, BGTF One Holdings (DIFC) Limited, and Kempinc LLP

Clean Max Enviro Energy IPO Details

Clean Max Enviro Energy Financial Performance

Clean Max Enviro Energy Offer News

• Clean Max Enviro Anchor Investors
• Clean Max Enviro Energy RHP
• Clean Max Enviro Energy DRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

Clean Max Enviro Energy Valuations & Margins

* Calculated on the basis of annualized Profits After Tax for FY 2026 and dilution impact

Clean Max Enviro Energy IPO GMP Today (Daily Trend)

Clean Max Enviro Energy Offer Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

• Repayment and/or pre-payment, in part or in full, of all or certain outstanding borrowings of the company and/or certain of its subsidiaries – INR 1,122.67 crore
• General corporate purposes

Clean Max Enviro Energy IPO Subscription – Live Updates

87,46,437 Shares allotted to anchor investors are not included in these calculations.

Clean Max Enviro Energy – Comparison With Listed Peer

Clean Max Enviro Energy IPO Allotment Status

Clean Max Enviro Energy IPO allotment status is now available on the MUFG Intime India website. Click on this link to get the allotment status.

Clean Max Enviro Energy IPO Dates & Listing Performance

Clean Max Enviro Energy IPO Reviews – Subscribe or Avoid?

Aditya Birla Money – Subscribe for long term
Anand Rathi – Subscribe
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research – Not Rated
Asit C Mehta –
BP Wealth – Subscribe
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital – Avoid
Hem Securities –
ICICIdirect – Not Rated
Investmentz –
Jainam Broking – Avoid
DR Choksey –
Lakshmishree – Subscribe
LKP Research –
Marwadi Financial – Subscribe
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities – Unrated
Samco Securities – Avoid
SMC Global – 2/5
StoxBox – Subscribe
Sushil Finance – Subscribe for long-term
Swastika Investmart – Neutral
Ventura Securities – Subscribe
Way2Wealth – Subscribe

Clean Max Enviro Energy IPO Lead Manager

AXIS CAPITAL LIMITED
1st Floor, Axis House, P.B. Marg,
Worli, Mumbai – 400 025
Phone: +91 22 4325 2183
Email: [email protected]
Website: www.axiscapital.co.in

Clean Max Enviro Energy Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai-400 083
Phone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com

Clean Max Enviro Energy Contact Details

CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED
4th Floor, The International, 16 Maharshi Karve Road,
New Marine Lines Cross Road No.1,
Churchgate, Mumbai – 400 020, Maharashtra
Phone: +91 22 6252 0000
Email: [email protected]
Website: www.cleanmax.com

Clean Max Enviro Energy IPO FAQs