Clean Max Enviro Energy Solutions, India’s top industrial renewable energy provider, is launching its ₹3,100 crore IPO on Feb. 23, with shares set to list March 2 on BSE and NSE.

Clean Max Enviro Energy Solutions, backed by Brookfield, is launching its IPO on February 23 with a price band of ₹1,000 to ₹1,053 per share. The IPO, now sized at ₹3,100 crore—down from an initial ₹5,200 crore—includes a ₹1,200 crore fresh issue and ₹1,900 crore offer for sale. Retail investors are allocated at least 35%, with a minimum investment of ₹14,742 at the upper price band. Allotment is expected on February 26, shares will list on BSE and NSE on March 2, and proceeds will fund debt repayment and general corporate uses. The company, India’s largest renewable energy provider for commercial and industrial clients as of March 2025, operates 2.54 GW of capacity and has 2.53 GW under contract. It has raised ₹1,185 crore pre-IPO, including a ₹296.8 crore placement at ₹1,053 per share.