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Clean Max Enviro IPO Subscription Begins Today: Is It a Good Investment?
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Clean Max Enviro IPO Opens Today: Should You Invest in the ₹3,100 Crore Issue?
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CNBC TV18
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23-02-2026, 06:42
Clean Max Enviro IPO Opens Today: Should You Invest in the ₹3,100 Crore Issue?
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Clean Max Enviro Energy Solutions' ₹3,100 crore IPO opens today, February 23, closing on February 25.
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The IPO includes a fresh issue of ₹1,200 crore and an offer for sale of 1.80 crore equity shares, with a price band of ₹1,000-₹1,053 per share.
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Ahead of the launch, Clean Max Enviro raised ₹921 crore from anchor investors including Temasek Holdings, SBI Life, and HDFC Mutual Fund.
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Aditya Birla Money recommends "subscribe for long-term" citing the company's position in an underpenetrated renewable energy industry.
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Clean Max is India's largest C&I renewable energy service provider with an 8% market share, known for its capital-efficient model.
Read Full Article on Cnbc in English
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