Clean Max Enviro Energy IPO GMP today is Rs -93. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
TEMPCLEAN
Clean Max Enviro Energy IPO GMP, Subscription & Allotment Status Today
Clean Max Enviro Energy is a Mainboard IPO with a price band of Rs 1000.00 to Rs 1053.00 that listed on 02 Mar 2026 at a listing gain of -8.83%. Track its full GMP history, subscription data and listing details here.
- Price Band
- ₹1000.00 - ₹1053.00
- Lot Size
- 14 Shares
- Bidding Closes
- 25 Feb 2026
- Listing Date
- 02 Mar 2026
Current GMP Status
₹-93
-8.83% vs upper band
Est. Listing Gain
-8.83%
Last Trend
02 Mar 2026
Listing Price
₹960.00
Retail Entry
₹14,742
IPO Details
Complete IPO information
| Current GMP | ₹-93 |
|---|---|
| Estimated Listing Gain | -8.83% |
| Price Band | ₹1000.00 - ₹1053.00 |
| Issue Price | Approx ₹1053.00 Crores |
| Listing Price | ₹960.00 |
| Lot Size | 14 Shares |
| Issue Type | Mainboard |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 02 Mar 2026 |
| Minimum Investment | ₹14,742 |
Head-to-head
Compare Clean Max Enviro Energy IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Clean Max Enviro Energy is priced at ₹1053 per share. With a minimum lot size of 14 shares, a retail investor applying for one lot would need approximately ₹14,742 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Clean Max Enviro Energy stands at ₹-93, implying an estimated listing gain of around -8.83% over the issue price if it holds until listing. This is down ₹25 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
23 Feb 2026
✓
Bidding Closes
25 Feb 2026
✓
Allotment
TBA
✓
Listing
02 Mar 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 02 Mar 2026 | ₹-36.00 | -₹25.00 | -3.42% |
| 27 Feb 2026 | ₹-11.00 | -₹11.00 | -1.04% |
| 25 Feb 2026 | ₹0.00 | -₹1.00 | 0.00% |
| 24 Feb 2026 | ₹1.00 | -₹2.00 | 0.09% |
| 23 Feb 2026 | ₹3.00 | -₹13.50 | 0.28% |
| 18 Feb 2026 | ₹16.50 | - | 1.57% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 14 | ₹14,742 |
| Retail Maximum | 13 Lot | 182 | ₹1,91,646 |
| S-HNI Minimum | 14 Lot | 196 | ₹2,06,388 |
| S-HNI Maximum | 67 Lot | 938 | ₹9,87,714 |
| B-HNI Minimum | 68 Lot | 952 | ₹10,02,456 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Clean Max Enviro IPO – Key Details
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹1000 to ₹1053 Per Share |
| Issue Size | Approx ₹3,100 Crores |
| Fresh Issue | Approx ₹1,200 Crores |
| Offer for Sale (OFS) | Approx 1,80,43,684 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
Analysis
Clean Max Enviro Energy IPO – Market Lot
| Retail Minimum | 1 Lot (14 Shares) – ₹14,742 |
| Retail Maximum | 13 Lots (182 Shares) – ₹1,91,646 |
| S-HNI Minimum | 14 Lots (196 Shares) – ₹2,06,388 |
| S-HNI Maximum | 67 Lots (938 Shares) – ₹9,87,714 |
| B-HNI Minimum | 68 Lots (952 Shares) – ₹10,02,456 |
Analysis
Clean Max Enviro Energy IPO – Reservation
| Anchor Investor | – Shares |
| QIB (Ex. Anchor) | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Analysis
Clean Max Enviro Energy IPO – Anchor Investors
| Anchor Bidding Date | February 20, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period (50% – 30 Days) | March, 2026 |
| Lock-in Period (50% – 90 Days) | May, 2026 |
Analysis
Clean Max Enviro Energy IPO – Important Dates
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Basis of Allotment | February 26, 2026 |
| Refunds | February 27, 2026 |
| Credit to Demat Account | February 27, 2026 |
| IPO Listing Date | March 2, 2026 |
| IPO Bidding Cut-off Time | February 25, 2026 – 5 PM |
Analysis
Clean Max Enviro Energy IPO – Promoters & Holding Pattern
| Promoters | Kuldeep Jain, Pratap Jain, Nidhi Jain, BGTF One Holdings (DIFC) Ltd, Kempinc LLP |
| Promoter Holding (Pre Issue) | 10,14,41,820 Shares (74.89%) |
| Promoter Holding (Post Issue) | 11,28,37,831 Shares (49.08%) |
Analysis
Clean Max Enviro Energy IPO – Objects of the Issue & Utilisation of Proceeds
| Repayment and/or pre-payment of outstanding borrowings (Company / Subsidiaries) | ₹1,125.00 Cr |
| General Corporate Purpose | – |
Analysis
About Clean Max Enviro Energy IPO
Clean Max Enviro is one of the leading companies in terms of renewable energy providers. Furthermore, the company also has 2.54 GW of operational, owned, and managed capacity and an additional 2.53 GW of contracted capacity under execution.
The company mainly offers the Renewable Energy Power Sales Segment and, Renewable Energy Services Segment. They cater to a wide range of customers, including Technology customers and conventional C&I customers.
Furthermore, Efficient and affordable project development, execution, and management is the company’s strength. Clean Max Enviro Energy Solutions Ltd.’s revenue grew by 13%, and its profit after tax (PAT) jumped by 152% between FY 2024 and FY 2025.
Analysis
Clean Max Enviro Energy IPO – Company Financial Report
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | ₹960.98 | ₹555.06 | ₹59.47 | ₹7,000.14 |
| 2024 | ₹1,425.31 | ₹683.74 | ₹37.64 | ₹9,076.55 |
| 2025 | ₹1,610.34 | ₹595.27 | ₹19.43 | ₹13,279.25 |
| Sep 2025 | ₹969.35 | ₹331.49 | ₹19.00 | ₹16,945.65 |
Analysis
Clean Max Enviro Energy IPO – Valuation (FY2025)
| ROE | – % |
| ROCE | – % |
| EBITDA Margin | – % |
| PAT Margin | – % |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | ₹2.88 (Basic) |
| Price / Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 1.09% |
| Net Asset Value (NAV) | ₹250.93 |
Analysis
Clean Max Enviro Energy IPO – Peer Group Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| ACME Solar Holdings Ltd | 4.55 | 49.46 | 5.59% | ₹74.54 | ₹1,405.13 Cr |
| NTPC Green Energy Ltd | 0.67 | 132.94 | 2.58% | ₹21.88 | ₹2,209.64 Cr |
| Adani Green Energy Limited | 8.37 | 119.14 | 13.48% | ₹58.63 | ₹11,212.00 Cr |
| ReNew Energy Global PLC | $10.92 | 44.84 | 3.39% | ₹310.40 | ₹9,751.30 Cr |
Analysis
IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
- J.P. Morgan India Private Limited
- BNP Paribas
- HSBC Securities and Capital Markets (India) Private Limited
- IIFL Capital Services Limited
- Nomura Financial Advisory and Securities (India) Private Limited
- BOB Capital Markets Limited
- SBI Capital Markets Limited
FAQ
Clean Max Enviro Energy IPO FAQs
Clean Max Enviro Energy IPO price band is Rs 1000.00 to Rs 1053.00. Check the latest issue price, lot size and GMP together before applying.
Clean Max Enviro Energy IPO open date is 23 Feb 2026, close date is 25 Feb 2026, and listing date is 02 Mar 2026.
Clean Max Enviro Energy IPO lot size is 14 shares. The minimum retail investment is Rs 14,742.
Clean Max Enviro Energy is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Clean Max Enviro Energy IPO subscription status currently shows Subscription data is currently awaited.
Community discussion
Comments
Share a useful question or insight about Clean Max Enviro Energy.
Leave a comment
Your email address will not be published. All comments and replies are reviewed before appearing.
Keep Exploring
Similar Recent IPOs
Mainboard
Reliance Jio
Price BandTBA
Current GMP₹145
Lot SizeTBA
Mainboard
Vishal Nirmiti
Price Band₹208.00 - ₹220.00
Current GMP₹20 · +9.1%
Lot Size68 Shares
Mainboard
Nityas Gems and Jewellery
Price Band₹70.00 - ₹75.00
Current GMP₹3 · +4.0%
Lot Size200 Shares
Mainboard
Shah Investor's Home
Price Band₹159.00 - ₹167.00
Current GMP₹17 · +10.2%
Lot Size85 Shares
Loading comments...