1. Completed
Loading page
Mainboard
Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
Clean Max Enviro Energy Solutions Limited was incorporated in 2010 and is headquartered in Mumbai, India. The company was founded by Kuldeep Jain and has grown into one of India’s leading providers of renewable energy solutions for commercial and industrial clients. Over the years, it has expanded its presence across India as well as international markets like the Middle East and Southeast Asia, building a strong portfolio of solar and wind energy assets The company offers renewable energy solutions including solar, wind and hybrid power projects, along with engineering, procurement and construction (EPC) services and operation and maintenance support. Its business model is largely based on long-term power purchase agreements (PPAs), group captive projects and energy-as-a-service offerings for corporate clients. Clean Max focuses on helping businesses reduce energy costs and carbon footprint, while generating stable revenues through long-term contracts and diversified industrial clientele.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Indicative only. A GMP-implied price is not a guaranteed listing price.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 05 Nov 2026, 5:45 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:45 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 1,610.34 | 1,425.31 | 960.98 |
| OPM % | 22.42 | 23.06 | — |
| EBITDA | 1,015.07 | 741.57 | 405.92 |
| Net Profit |
Results may still be pending. Check Allotment opens the registrar allotment portal. You may need to select this IPO there. Sign-in is not required.
This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
Data by IPO Guru · Updated
Clean Max Enviro Energy Solutions IPO opens on 20 February 2026, closing 24 February, with allotment on 25th and listing on 27th. Founded in 2010, this Mumbai-based firm leads India's C&I renewable energy space. It thrives on OPEX and CAPEX models, delivering onsite solar, wind hybrids, and decarbonization via long-term PPAs to giants like Google, Apple. Presence spans India primarily, extending to UAE, Thailand, Bahrain.
Kuldeep Jain, Pratap Jain, Nidhi Jain, BGTF One Holdings (DIFC) Ltd and Kempinc LLP are the company promoters.
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High unavailable · Low unavailable
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:45 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 01 Mar 2026, 8:24 PM IST | -₹35 | −3.32% | None |
No intraday GMP history is loaded. Missing slots are not filled in.
High unavailable · Low unavailable
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:45 PM IST.
| 19.43 |
| -37.64 |
| -59.47 |
| Debt | 7,973.70 | 5,514.56 | 3,843.42 |
| Assets | 13,279.25 | 9,076.55 | 7,000.14 |