
Clean Max Enviro Energy Solutions
Open Date
Feb 23, 2026
Close Date
Feb 25, 2026
Min Investment
₹14,742
Lot Size
14 Shares
Issue Size
₹3100 Cr
Price Range
₹1000 - ₹1000
Listing Date
Mar 2, 2026
IPO Doc
RHP PDFAbout 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
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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%
Repayment of borrowings
The company will use ₹1,122.67 crore to repay outstanding borrowings.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
IPO Subscription Status
Financials of Clean Max Enviro Energy Solutions
In Cr.
Revenue: ₹969.35
EBITDA: ₹637.85
Profit: ₹19.00
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 969.35 | 1,610.34 | 1,425.31 | 960.98 |
| EBITDA | 637.85 | 1,015.07 | 741.57 | 405.92 |
| Expenses | ||||
| Profit After Tax | 19.00 | 19.43 | -37.64 | -59.47 |
| Assets | 16,945.65 | 13,279.25 | 9,076.55 | 7,000.14 |
| Net Worth | 2,598.34 | 2,545.44 | 1,817.96 | 1,209.93 |
| Reserves | ||||
| Borrowing | 10,121.46 | 7,973.70 | 5,514.56 | 3,843.42 |
Clean Max Enviro Energy Solutions - Promoter(s)
Kuldeep Jain
Pratap Jain
Nidhi Jain
BGTF One Holdings (DIFC) Ltd
Kempinc LLP
74.89%
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
Registrar Contact Details
MUFG Intime India Pvt.Ltd.
Clean Max Enviro Energy Solutions IPO - FAQs
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