Clean Max's Rs 3,100-cr IPO subscribed 34 pc on day 1
Clean Max's Rs 3,100-cr IPO subscribed 34 pc on day 1 is drawing significant interest across the industry.
The initial public offering IPO of Clean Max Enviro Energy Solutions, a commercial and industrial renewable energy provider, received 34 per cent subscription on the first day of share sale on Monday. According to a Crisil report, CleanMax held a 12 per cent share of annual open access renewable energy capacity additions in the CI market in FY24, with a strong presence in Gujarat and Karnataka.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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