Clean Max Enviro Energy Solutions IPO
upcoming
TBAMin. investment
Clean Max Enviro Energy Solutions Limited IPO Details
Issue size
---
IPO type
Mainboard
IPO type
Regular
About Clean Max Enviro Energy Solutions Limited
Clean Max Enviro Energy Solutions is India’s largest commercial and industrial (C&I) renewable energy provider. It provides decarbonization and net zero solutions by offering renewable power, energy services, and carbon credits to clients across various industries. As of March 31, 2025, it has served over 531 clients from the technology, manufacturing, data centre, and real estate sectors, with an operational and contracted capacity of 2.54 GW and 2.53 GW, respectively, as of July 2025.
Clean Max is an early mover in India’s C&I renewable energy sector, shaping industry standards and models. The company held a 12% market share of open access renewables in FY24, with a major presence in Gujarat and Karnataka. It delivers turnkey decarbonization solutions, from project development to O&M and carbon credits, committed to being a trusted Net Zero partner.
The upcoming IPO features a book build issue aggregating up to ₹5,200 crore, including a fresh issue of ₹1,500 crore and an offer-for-sale (OFS) of ₹3,700 crore. SEBI approval was received on October 30, 2025, with shares to be listed on NSE and BSE, and final terms expected soon, offering investors exposure to India’s renewable sector leadership.
## How to pre-apply for the Clean Max Enviro Energy Solutions IPO?
You can pre-apply for the Clean Max Enviro Energy Solutions IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
- Login to your Upstox account, using your six-digit PIN
- After successfully logging in, click on ‘Discover’
- On the Discover tab, you will find the ‘Invest in IPO’ section
- Under the Invest in IPO section, look for the ‘Clean Max Enviro Energy Solutions IPO’ tab and click on it
- Now fill in all the required information, like ‘bid price’ and ‘lot size’
- Confirm and click on ‘Pre-Apply’
- Accept the mandate on your UPI app
How to apply for the Clean Max Enviro Energy Solutions IPO?
If you are interested in this investment opportunity but unsure how to apply for the Clean Max Enviro Energy Solutions IPO, here we are listing out the steps for you.
Here’s a step-by-step guide on how to apply for the Clean Max Enviro Energy Solutions IPO on Upstox:
- Login to your Upstox account, using your six-digit PIN
- After successfully logging in, click on ‘Discover’
- On the Discover tab, you will find the ‘Invest in IPO’ section
- Under the Invest in IPO section, look for the Clean Max Enviro Energy Solutions IPO’ tab and click on it
- Now fill in all the required information, like ‘bid price’ and ‘lot size’
- Confirm and click on ‘Apply’
- Accept the mandate on your UPI app
How to check the Clean Max Enviro Energy Solutions IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to seven days after an IPO closes. This is also true in the case of the Clean Max Enviro Energy Solutions IPO.
The Clean Max Enviro Energy Solutions IPO’s closing date is 31 October 2022. The Clean Max Enviro Energy Solutions IPO’s allotment date has been set seven days later, on 7 November 2022.
Here’s a step-by-step guide on how to check the Clean Max Enviro Energy Solutions IPO allotment status:
- Login to your Upstox account, using your six-digit PIN
- After successfully logging in, click on ‘Discover’
- On the Discover page, you will find the ‘Invest in IPO’ section
- Under the Invest in IPO section, you will find the ‘View all’ option
- Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
- In the ‘IPO’ tab, click on ‘My applications’
- In ‘My applications’, under the History section, your allotment status will be mentioned.
Frequently asked questions
How to invest in the Clean Max Enviro Energy Solutions IPO ?
Investors can apply for the Clean Max Enviro Energy Solutions IPO through their Demat account via the stock exchange or through their broker.
What is 'pre-apply' for Clean Max Enviro Energy Solutions IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Clean Max Enviro Energy Solutions IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Where is the Clean Max Enviro Energy Solutions IPO getting listed?
The shares are proposed to be listed on the BSE and NSE.
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How to apply for IPOs on Upstox
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!