Clean Max Enviro Energy IPO: Check GMP & Key Highlights

If you’re tracking the Clean Max Enviro Energy IPO, this detailed guide covers everything in one place – including IPO overview, price band, lot size, key dates, Grey Market Premium (GMP), company details, financial highlights, risks, and investment outlook.
Clean Max Enviro Energy Solutions Ltd operates in the renewable energy sector, providing solar and wind solutions to commercial and industrial (C&I) clients. With rising interest in clean energy stocks, this IPO has attracted strong market attention.
Clean Max Enviro Energy IPO Overview
| Attribute | Details |
|---|---|
| Company Name | Clean Max Enviro Energy Solutions Ltd |
| IPO Type | Mainboard Book Built Issue (Fresh Issue + OFS) |
| Total Issue Size | ₹3,100 crore (Approx) |
| Fresh Issue | ₹1,200 crore |
| Offer for Sale (OFS) | ₹1,900 crore |
| Price Band | ₹1,000 – ₹1,053 per share |
| Face Value | ₹1 per share |
| Lot Size | 14 shares |
| Minimum Investment | ₹14,742 (14 × ₹1,053) |
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Allotment Date (Tentative) | February 26, 2026 |
| Refund Initiation | February 27, 2026 |
| Shares Credited to Demat | February 27, 2026 |
| Expected Listing Date | March 2, 2026 |
| Listing Exchange | BSE & NSE |
| Registrar | MUFG Intime India Pvt Ltd |
Clean Max Enviro Energy IPO GMP (Grey Market Premium)
The Grey Market Premium (GMP) shows the unofficial premium at which shares are trading before listing.
| GMP Indicator | Value |
|---|---|
| Latest GMP | ₹3 per share |
| Estimated Listing Price | ~₹1,056 |
| Estimated Listing Gain | ~0.28% |
What This Means
- GMP is currently modest.
- It suggests limited listing gains based on current sentiment.
- GMP changes daily and is not guaranteed.
Always combine GMP with subscription data and fundamentals before making a decision.
How to Interpret Subscription Numbers
- 1x or below: Weak demand
- 2–5x: Moderate demand
- 10x+: Strong demand
- Strong QIB participation often signals institutional confidence.
About Clean Max Enviro Energy
Clean Max Enviro Energy Solutions Ltd is a renewable energy developer serving commercial and industrial customers.
Key Business Areas:
- Solar rooftop projects
- Wind energy projects
- Hybrid renewable systems
- Corporate Power Purchase Agreements (PPAs)
The company helps businesses reduce electricity costs and carbon emissions through long-term renewable contracts.
Financial Highlights
Before investing in the Clean Max Enviro Energy IPO, review:
- Revenue growth over the last 3 years
- Net profit trend
- Debt-to-equity ratio
- Return on Equity (ROE)
- Cash flow stability
Renewable energy companies often carry higher debt due to project financing, so evaluating leverage levels is important.
Key Strengths
- Strong presence in commercial & industrial renewable energy
- Long-term PPAs providing recurring revenue
- Growing clean energy demand in India
- Supportive government renewable policies
- Large IPO size indicating scale and expansion plans
Key Risks
- Capital-intensive business model
- High debt exposure
- Regulatory or tariff changes
- Execution risks in large-scale projects
- Market volatility impacting listing gains
Should You Apply for Clean Max Enviro Energy IPO?
You may consider applying if:
- You believe in India’s long-term renewable energy growth story
- Valuation appears reasonable compared to listed peers
- Subscription demand strengthens during the bidding window
Avoid relying only on GMP. Review financials, risk factors, and your investment horizon before applying.
How to Check Allotment Status
You can check IPO allotment status via:
- MUFG Intime India website
- BSE IPO allotment page
- Your broker’s trading platform
Keep your PAN number or application number ready.
Key Takeaways
- Issue Size: ₹3,100 crore
- Price Band: ₹1,000–₹1,053
- Lot Size: 14 shares
- Minimum Investment: ₹14,742
- GMP: ₹3 (mild premium)
- Subscription: Early stage reporting
The Clean Max Enviro Energy IPO offers exposure to India’s renewable energy sector, but investors should assess valuation and risks carefully.
FAQs
Q. What is the GMP of Clean Max Enviro Energy IPO today?
The latest reported GMP is ₹3 per share. It may change daily.
Q. What is the minimum investment required?
The minimum investment is ₹14,742 (1 lot of 14 shares at ₹1,053).
Q. When will Clean Max Enviro Energy IPO list?
The expected listing date is March 2, 2026.
Q. Is Clean Max Enviro Energy IPO good for listing gains?
Current GMP suggests limited listing gains. Final performance depends on market conditions and subscription strength.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.







