Clean Max Enviro Energy Solutions Limited IPO

Established in 2010, Clean Max Enviro Energy Solutions is India’s largest commercial and industrial (C&I) renewable energy provider, holding a 12% market share in open-access capacity as of March 2025. The company manages a massive portfolio with 2.80 GW of operational capacity and an additional 3.17 GW under execution, specializing in end-to-end solar, wind, and hybrid projects. By serving a prestigious global clientele that includes Amazon, Google, Microsoft, and Apple, Clean Max has positioned itself as a critical partner for the decarbonization of data centers, AI firms, and traditional industrial sectors like steel and cement.

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The company operates through a "solutions-driven" model, providing renewable power supply through long-term contracts-averaging 23 years-alongside specialized EPC services, operations and maintenance, and carbon credit solutions. To fuel its next phase of growth and deleverage its balance sheet, the company launched a Rs.3,100 crore IPO on February 23, 2026, with a price band of Rs.1,000 to Rs.1,053. A significant portion of the fresh issue proceeds, approximately Rs.1,125 crore, is earmarked for the repayment of existing borrowings, supporting the firm's transition into a more capital-efficient, profitable entity within the rapidly expanding green energy market.

How do I apply for the Clean Max Enviro Energy Solutions IPO?

You can apply for the Clean Max Enviro Energy Solutions IPO using any supported UPI app by following two steps:

• Enter your bid on Navia App
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.