Clean Max Enviro Energy Solutions IPO Price Band Announced

Clean Max Enviro Energy Solutions, a leading provider of solar and wind energy solutions for commercial and industrial clients, has announced the price band for its upcoming IPO. The issue size has been trimmed to Rs 3,100 crore, with Rs 1,122 crore earmarked from fresh issue proceeds to repay debt.  

The IPO will be listed on both BSE and NSE, with allotment scheduled for February 25 and listing on February 27, 2026. The company has shown steady growth, reporting revenue of Rs 1,610.34 crore in 2025 compared to Rs 1,425.31 crore in 2024, alongside a turnaround from a Rs 37.64 crore loss in 2024 to a Rs 19.43 crore profit in 2025.  

Analysts believe the IPO could attract strong interest given India’s renewable energy push and Clean Max’s long-term power purchase agreements with industrial clients.  

Key Highlights  

• IPO price band set at Rs 1,000–1,053 per share  
• Issue size trimmed to Rs 3,100 crore  
• Fresh issue proceeds to repay Rs 1,122 crore debt  
• IPO opens February 23, closes February 25, 2026  
• Allotment on February 25, listing on February 27  
• Company reports profit turnaround in 2025  

Sources: Moneycontrol, IPO Watch, IPO Guru