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  1. Clean Max Enviro Energy Solutions IPO subscribed 94% so far on Day 3: Check allotment date and steps

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Clean Max Enviro Energy Solutions IPO subscribed 94% so far on Day 3: Check allotment date and steps

Kamal Joshi

3 min read | Updated on February 25, 2026, 16:32 IST

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SUMMARY

Clean Max Enviro Energy Solutions IPO: The ₹3,100 crore initial share sale comprises a fresh issuance of 1.14 crore shares valued at ₹1,200 crore and an offer for sale (OFS) of ₹1,900 crore.

Clean Max Enviro Energy Solutions Ltd specialises in providing net-zero and decarbonisation solutions. | Image: cleanmax.com

Clean Max Enviro Energy Solutions Ltd specialises in providing net-zero and decarbonisation solutions. | Image: cleanmax.com

Clean Max Enviro Energy Solutions IPO: The initial public offering of Clean Max Enviro Energy Solutions Ltd, a commercial and industrial renewable energy provider, has been subscribed 94% so far on the final day of bidding on Wednesday, February 25.

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It secured bids for 2,05,57,082 shares compared to 2,18,23,329 shares on offer, according to the NSE data until 6:31 pm.

The qualified institutional buyers' quota was subscribed 2.83 times, while the portion for non-institutional investors was booked 54%. The retail individual investors' part attracted a 6% subscription.

The ₹3,100 crore IPO, with a price band of ₹1,000 to ₹1,053 per share, is a combination of fresh issuance of 1.14 crore shares valued at ₹1,200 crore and an offer for sale (OFS) of ₹1,900 crore.

Augment India I Holdings, KEMPINC LLP, Kuldeep Jain, BGTF One Holdings (DIFC) Ltd and DSDG HOLDINGAPS are selling their stake via the OFS route.

The net proceeds from the issue will be utilised for clearing outstanding borrowings and general corporate purposes.

Clean Max Enviro Energy Solutions holds a specialisation in net zero and decarbonisation solutions for commercial and industrial (C&I) customers. Its offerings include renewable power supply (solar, wind, hybrid) energy services and carbon credit solutions.

Clean Max Enviro Energy IPO: Allotment and listing date

The Clean Max Enviro Energy IPO allotment is likely to take place on Thursday, February 26, while the listing on the NSE and the BSE will occur on Monday, March 2.

How to check Clean Max Enviro Energy Solutions IPO allotment status on NSE

How to check Clean Max Enviro Energy Solutions IPO allotment status on the MUFG Intime India

  • Open the allotment status portal of MUFG Intime India: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
  • Select ‘Clean Max Enviro Energy Solutions Limited’ from the drop-down list
  • Type in any of the following details: Application No, PAN, DP/Client ID or Account No / IFSC
  • Press the ‘Submit’ button
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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