Clean Max's ₹3,100 Crore IPO Achieves 34% Subscription on Opening Day

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Clean Max IPO Subscribed 34% on Day 1, Raises Rs 921 Cr from Anchor Investors

Representational image (Image: News18)

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News18•23-02-2026, 21:30

Clean Max IPO Subscribed 34% on Day 1, Raises Rs 921 Cr from Anchor Investors

•Clean Max Enviro Energy Solutions' Rs 3,100 crore IPO received 34% subscription on its first day.
•The company secured Rs 921 crore from anchor investors before the IPO launch.
•The IPO, with a price band of Rs 1,000-1,053 per share, closes on February 25.
•Proceeds from the fresh issue will primarily be used for debt repayment.
•CleanMax, specializing in renewable energy solutions, will debut on the stock market on March 2.

Read Full Article on News18 in English

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