31 Mar 2023
Assets7,000.14
Total Income960.98
EBITDA405.92
Profit After Tax-59.47
NET Worth1,209.93
Total Borrowing3,843.42
At a glance
Updated 2026-08-24Clean Max Enviro Energy Solutions is a Mainboard IPO with an issue size of ₹3,079.88 crore, proposed for listing on BSE, NSE. The offer opens on 23rd Feb 2026 and closes on 25th Feb 2026. The issue structure includes a fresh issue of ₹1,196.16 crore and an offer-for-sale component of ₹1,883.72 crore. The current listing schedule points to 2nd Mar 2026.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹3,079.88 Cr
Fresh issue₹1,196.16 Cr
Offer for sale₹1,883.72 Cr
Face value₹1
Price band₹1,000.00–₹1,053.00
Allotment26th Feb 2026
Listing2nd Mar 2026
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹1,018.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd Feb 2026
Closes25th Feb 2026
Allotment26th Feb 2026
Refund26th Feb 2026
Demat27th Feb 2026
Listing2nd Mar 2026
Subscription demand
Full bidding ↗Total0.99×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 14 | ₹14,742 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of the Company and/or certain of the Subsidiaries | ₹1,122.67 Cr |
| General Corporate Purposes | ₹23.79 Cr |
| Issue Expenses | ₹134.63 Cr |
| Total | ₹1,281.10 Cr |
Financials
Full financials ↗31 Mar 2024
Assets9,076.55
Total Income1,425.31
EBITDA741.57
Profit After Tax-37.64
NET Worth1,817.96
Total Borrowing5,514.56
31 Mar 2025
Assets13,279.25
Total Income1,610.34
EBITDA1,015.07
Profit After Tax19.43
NET Worth2,545.44
Total Borrowing7,973.70
30 Sep 2025
Assets16,945.65
Total Income969.35
EBITDA637.85
Profit After Tax19.00
NET Worth2,598.34
Total Borrowing10,121.46
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Sep 30, 2026 |
|---|---|---|
| ROE | 1.27% | 0.43% |
| Debt / Equity | 1.97% | 2.53% |
| RoNW | 1.09% | 0.43% |
| Price to Book Value | 4.2 | 4.11 |
Valuation & shareholding
Pre-IPO EPS1.84
Post-IPO EPS3.25
Pre-IPO P/E634.34
Post-IPO P/E324.28
Promoter holding pre74.89%
Promoter holding post49.08%
Market cap₹12325.29 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of the Company and/or certain of the Subsidiaries | ₹1,122.67 Cr |
| General Corporate Purposes | ₹23.79 Cr |
| Issue Expenses | ₹134.63 Cr |
| Total | ₹1,281.10 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- JP Morgan India Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.