Clean Max Enviro Energy Solutions IPO Subscribed 94% On Final Day, QIBs Lead With 2.83x Oversubscription
Clean Max Enviro Energy Solutions IPO Subscribed 94% On Final Day, QIBs Lead With 2.83x Oversubscription is drawing significant interest across the industry.
The Rs 3,100-crore IPO of Clean Max Enviro Energy Solutions Ltd, a leading commercial & industrial renewable energy provider, closed with 94 percent subscription on February 25, 2026. QIBs subscribed 2.83 times, while non-institutional investors took 54 percent, and retail only 6 percent. The offer included a Rs 1,200 crore fresh issue and Rs 1,900 crore OFS, priced at Rs 1,000-1,053 per share.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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