Clean Max Enviro Energy Solutions Limited IPO Details
Factual IPO information from public filings. Not investment advice.
IPO Details
Price Band
₹1,000 - ₹1,05314 Shares
Lot Size
14 Shares
Total Issue Size
₹3,100 Cr2,94,39,696 Shares
Fresh Issue
₹1,200 Cr1,13,96,011 Shares
Offer for Sale
₹1,900 Cr1,80,43,685 Shares
Face Value
₹1
Listing At
BSE, NSE
Lot Size & Investment Limits
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 14 | 14742 |
| sHNI | 14 | 196 | 206388 |
| bHNI | 68 | 952 | 1002456 |
Financial Performance
Figures in ₹ Crores unless specified
| Metric | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 16945.7 | 13279.3 | 9076.6 | 7000.1 |
| Total Income | - | - | - | - |
| PAT | 19 | 19.4 | -37.6 | -59.5 |
| EBITDA | 637.9 | 1015.1 | 741.6 | 405.9 |
| Net Worth | 2598.3 | 2545.4 | 1818 | 1209.9 |
| Reserves | - | - | - | - |
| Total Borrowing | - | - | - | - |
Key Performance Indicators
| KPI | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| RoNW (%) | 0.43 | 1.09 | -1.7 | -5.39 |
| EPS (₹) | 1.09 | 2.88 | -3.94 | -9.01 |
| P/E (Pre) | - | - | - | - |
| P/E (Post) | - | - | - | - |
About Clean Max Enviro Energy Solutions Limited
Clean Max Enviro Energy Solutions Limited is India’s largest commercial and industrial renewable energy provider, offering solar, wind and hybrid clean energy solutions through long-term PPAs, EPC services and carbon solutions.
Company Information
Registered Address
4th Floor, The International, 16 Maharshi Karve Road, New Marine Lines, Mumbai, Maharashtra, 400020
Lead Managers
- Axis Capital Limited
- BNP Paribas
- BOB Capital Markets Limited
- HSBC Securities & Capital Markets Pvt Ltd
- IIFL Securities Ltd
- J.P. Morgan India Private Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
- SBI Capital Markets Limited
Company Strengths (from RHP)
- ✓India’s largest C&I renewable energy provider
- ✓End-to-end EPC, O&M and carbon services capabilities
- ✓Diverse customer base with long-term PPAs
Key Risks (from RHP)
- ⚠Project execution and approval risks
- ⚠Long-term PPA termination risk
- ⚠Land acquisition and title challenges