Clean Max Enviro Energy Solutions
Book Building issueMainboardBSE₹3,080 Cr issue
-9.57%
Listing gain over issue price
Issue size
₹3,080 Cr
1 lot at cut-off
₹14,742
Lot size
14shares
Open
23 Feb 2026
Close
25 Feb 2026
Allotment
26 Feb 2026
Listing
02 Mar 2026
Listing performance
Issue price
₹1,053
Listed at
₹952.20
Listing-day close
₹867.90
Latest price
₹1,296.10
Close on 12 Oct 2026
Listing gain
-9.57%
Return since issue
+23.09%
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 23 Feb 2026 – 25 Feb 2026
- Listing date
- 02 Mar 2026
- Face value
- ₹1 per share
- Issue price
- ₹1,053 per share
- Lot size
- 14 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹3,080 Cr
- Market cap at offer price
- ₹12,325 Cr
- Promoter holding
- 74.89% → 49.08% pre-issue → post-issue
- ISIN
- INE647U01026
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead managers
- Axis Capital Ltd.
- Registered office
- 4th Floor, The International 16 Maharshi Karve Road, New Marine Lines Cross Road No.1, Churchgate, Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 87,46,437 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 14 shares per lot, in multiples, at ₹1,053
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 14 | ₹14,742 |
| Retail (max) | 13 | 182 | ₹1,91,646 |
| S-HNI (min) | 14 | 196 | ₹2,06,388 |
| S-HNI (max) | 67 | 938 | ₹9,87,714 |
| B-HNI (min) | 68 | 952 | ₹10,02,456 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Shares allocated
87,46,437
Anchor portion
₹921 Cr
at ₹1,053 per share
Valuation and performance
Valuation at offer price
₹1,053 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 1.84 | 3.25 |
| P/E (×) | 572.28 | 324.00 |
| Price to book (×) | 4.20 | — |
| Market cap | — | ₹12,325 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 1.09%
- Debt / equity
- 1.97
- NAV per share
- ₹250.93
- Price to book
- 4.20
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.