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Clean Max Enviro Energy Solutions Limited IPO DRHP
Clean Max Enviro Energy Solutions Limited IPO

Clean Max Enviro Energy Solutions Limited IPO DRHP

Clean max is a provider of commercial and industrial renewable energy solutions with nearly 15 years of experience since its inception in 2010. It delivers decarbonization solutions through renewable power supply, energy services and carbon credit offerings. Its expertise includes EPC and O&M services for solar, wind and hybrid plants, both within customer premises and at CleanMax-developed farms. The company operates through two segments: the Renewable Energy Power Sales segment, under which it sells power through long-term PPAs, and the Renewable Energy Services segment, which includes EPC, O&M and carbon services.

Clean Max IPO Objects

  1. Repayment &/or pre-payment, in part or full, of all or certain outstanding borrowings of the Company &/or the Subsidiaries
  2. General corporate purposes

Clean Max IPO Details

Price Band

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹1,500.00 Cr (0.00 Shares)

Offer For Sale

₹3,700.00 Cr (0.00 Shares)

Total Issue

₹5,200.00 Cr (0.00 Shares)

Face Value

₹1 per equity share

Category Allocation

Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer

Clean Max IPO Financials

(Rs. in crores)

Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 1,495.70 1,389.84 929.58
Profit after Tax 19.43 -37.64 -59.47
Net Worth 0.00 0.00 0.00
Total Borrowing 7,973.70 5,514.56 3,843.42
Total Assets 13,279.25 9,076.55 7,000.14
NAV per share (in ₹) 250.93 206.62 166.80
EPS - Basic (in ₹) 2.88 -3.94 -9.01

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
Debt to Equity 1.97
ROE 1.27%
  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Details

Name Shareholding
Kuldeep Jain 11.34%
BGTF One Holdings Ltd. 42.87%
KEMPINC LLP 9.54%
Others 10.06%
Total 73.81%

Management Details

Name Designation
Kuldeep Jain Chairman & MD
Nikunj Ghodawat CFO

Company Details

Name: Clean Max Enviro Energy Solutions Limited

Address: 4th Floor, The International 16 Maharshi Karve Road, New Marine Lines Cross Road No.1, Churchgate Mumbai - 400 020 Maharashtra, India

Number: +91 22 6252 000

Email: Secretarial@cleanmax.com

Website: www.cleanmax.com

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Clean Max IPO is a Mainboard IPO having an issue size of Rs. ₹5,200.00 Crs. Clean Max IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.

Clean Max IPO opens on 11 Feb 26 and closes on 11 Feb 26.

The estimated Grey Market Premium of Clean Max IPO is ₹0 per share (-).

The minimum lot size of Clean Max IPO is 0 shares & the minimum application amount is Rs. 0.

The allotment date of Clean Max IPO is 11 Feb 26.

The listing date of Clean Max IPO is 11 Feb 26.

Clean Max IPO is subscribed -.

Clean Max IPO is priced at ₹ - ₹ per share.

Click the allotment link on Clean Max IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Clean Max IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date