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Clean Max Enviro Energy Solutions

Clean Max Enviro Energy Solutions

Open Date

Feb 23, 2026

Close Date

Feb 25, 2026

listed

Min Investment

₹14,742

Lot Size

14 Shares

Issue Size

₹3100 Cr

Price Range

₹1000 - ₹1000

Listing Date

Mar 2, 2026

IPO Doc

RHP PDF

About Clean Max Enviro Energy Solutions

Clean Max Enviro is India’s largest commercial and industrial (“C&I”) renewable energy provider 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 key offerings include supplying renewable power, providing energy services, and offering carbon credit solutions. We cater to a wide range of customers, including Technology customers and conventional C&I customers. The company's expertise covers Energy contracting, Engineering, procurement, and construction (EPC), and Operation and maintenance (O&M) of renewable energy plants (solar, wind, and hybrid). Business Offerings: Power Sales Renewable Energy: Power Sales Use Provided by the way of Long-term Power Purchase Agreement (PPA) and Energy Attribute Purchase Agreement (EAPA). Services of Renewable Energy: It offers the following services: turnkey project development, EPC services, evacuation infrastructure, lifetime O and M services and carbon services.

Checklist Quality Analysis

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

0GMP

Clean Max Enviro Energy Solutions IPO - Issue Objectives

The company will use ₹1,122.67 crore to repay outstanding borrowings. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Repayment of borrowings

93.56%

General corporate purposes

6.44%

1

Repayment of borrowings

The company will use ₹1,122.67 crore to repay outstanding borrowings.

93.56%
2

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

6.44%

IPO Subscription Status

Retails
0.04x
QIB
2.51x
NII
0.39x

Financials of Clean Max Enviro Energy Solutions

In Cr.

Revenue: ₹969.35

EBITDA: ₹637.85

Profit: ₹19.00

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue969.351,610.341,425.31960.98
EBITDA637.851,015.07741.57405.92
Expenses
Profit After Tax19.0019.43-37.64-59.47
Assets16,945.6513,279.259,076.557,000.14
Net Worth2,598.342,545.441,817.961,209.93
Reserves
Borrowing10,121.467,973.705,514.563,843.42

Clean Max Enviro Energy Solutions - Promoter(s)

Kuldeep Jain

Pratap Jain

Nidhi Jain

BGTF One Holdings (DIFC) Ltd

Kempinc LLP

Pre Issue Share Holding

74.89%

Post Issue Share Holding

49.08%

About Strength & Risks

Contact Details

Clean Max Enviro Energy Solutions

4th Floor, The International 16 Maharshi Karve Road, New Marine Lines Cross Road No.1, Churchgate Mumbai, Maharashtra, 400020

Clean Max Enviro Energy Solutions IPO - FAQs

Clean Max Enviro Energy Solutions IPO is a Mainboard IPO. The issue is priced at 1000-₹1053. The minimum order quantity is 14 Shares. The IPO opens on 23 Feb, and closes on 25 Feb. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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