CleanMax Enviro Energy IPO to Open Feb 23; Brookfield-Backed Giant Sets ₹3,100 Crore Price Band

Mumbai-based Clean Max Enviro Energy Solutions, India’s largest renewable energy provider for the commercial and industrial (C&I) sector, has announced its ₹3,100 crore mainboard IPO. Following a successful pre-IPO funding round from Temasek and Bain Capital, the company is set to hit the market next Monday, targeting a valuation of over ₹12,300 crore.

CleanMax Enviro Energy IPO to Open Feb 23; Brookfield-Backed Giant Sets ₹3,100 Crore Price Band

Clean Max Enviro Energy Solutions has fixed its IPO price band at ₹1,000 to ₹1,053 per equity share. The public subscription window will officially open on Monday, February 23, 2026, and conclude on Wednesday, February 25. The issue is a mix of a fresh issue of ₹1,200 crore and an Offer for Sale (OFS) of ₹1,900 crore by promoters and existing investors, including Brookfield-managed BGTF One Holdings.

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