The Clean Max Enviro Energy Solutions share price is already drawing attention even before listing day. In the stock market today, the company’s Rs 3,100 crore IPO opened with a steady start, getting 3% subscription on Day 1.
It’s not a frenzy. It’s not silent either.
It’s measured interest. And that’s what makes this IPO worth tracking.
Let’s break down what happened on Day 1 and what it tells us about market mood.
Market Performance: Clean Max Enviro IPO Day 1 Update
The Rs 3,100 crore IPO of Clean Max Enviro Energy Solutions opened on Monday and received 3% subscription by 11:45 AM.
Here are the key numbers investors are watching in the stock market today:
- Total shares on offer: 2.18 crore
- Total bids received: 6.6 lakh shares
- Overall subscription: 3%
- Retail Individual Investors (RII): 1% subscription
- Qualified Institutional Buyers (QIBs): 9% subscription
- Anchor investors raised: Rs 921 crore
The IPO will remain open until February 25.
The steady bidding shows that institutional interest is stronger compared to retail participation — at least on Day 1.
Clean Max Enviro Energy Solutions Share Price Band and Valuation
The company has fixed the price band at Rs 1,000 to Rs 1,053 per share.
At the upper end of Rs 1,053:
- Company valuation stands at Rs 12,325 crore
This valuation places Clean Max Enviro Energy Solutions among the sizeable renewable energy platforms targeting commercial and industrial consumers.
The Clean Max Enviro Energy Solutions share price at listing will now depend on subscription momentum in the coming days.
What Does Clean Max Enviro Do?
Clean Max Enviro Energy Solutions operates as a commercial and industrial (C&I) renewable energy service provider.
It supplies renewable energy solutions primarily to corporate consumers.
Key business positioning:
- India’s largest C&I renewable energy service provider
- Around 8% market share
- Operates in a segment where corporates consume nearly 50% of India’s total power
- Estimated market size: Rs 3 trillion
The company positions itself as a net-zero energy partner for corporations.
Corporate green energy adoption, as per available data:
- Green sourcing penetration was 7.5% in March 2023
- Potential to reach 20% by FY30
That trend indicates a structural shift in how industrial energy is being consumed.
Ticket Size and Business Model Snapshot
Clean Max Enviro Energy Solutions operates with:
- Average ticket size of 13 MW
- Premium power tariff compared to utilities
- Capital-efficient model structure
These factors define its scale and revenue structure.
The IPO structure includes:
- Fresh issue portion: Rs 1,125 crore
- Use of funds: Debt repayment
- Remaining funds: General corporate purposes
Debt reduction through IPO proceeds is a clear financial objective outlined in the offer.
IPO Timeline and Listing
- IPO Closing Date: February 25
- Expected Listing Date: March 2
- Platform: NSE
The Clean Max Enviro Energy Solutions share price will officially debut on the stock exchange on March 2.
Between now and closing day, subscription data will remain the main sentiment indicator in the stock market today.
Stock Market Today: How the Mood Feels?
In the stock market today, renewable energy themes are not new. But C&I renewable platforms are still niche compared to traditional power plays.
Day 1’s 3% subscription suggests:
- Institutions are cautiously participating.
- Retail interest is currently muted.
- Anchor participation provided early capital support.
Momentum in the remaining days will determine whether the Clean Max Enviro Energy Solutions share price listing becomes a strong debut story or a gradual one.
Why Clean Max Enviro Energy Solutions Share Price Matters?
There’s a bigger backdrop here.
Corporate India’s push toward renewable sourcing is rising.
Energy transition is no longer a discussion topic — it's becoming operational reality.
Clean Max operates at that intersection:
- Renewable power
- Corporate energy demand
- Net-zero commitments
With corporates accounting for 50% of India’s total power consumption, the segment is large. Adoption rates are still under 10% penetration. That gap defines the opportunity size.
The Clean Max Enviro Energy Solutions share price, therefore, represents more than just an IPO listing — it represents participation in the C&I renewable shift.
Clean Max Enviro IPO: Key Financial & Structural Data Snapshot
IPO Size | Rs 3,100 crore |
Fresh Issue | Rs 1,125 crore |
Anchor Investors | Rs 921 crore |
Price Band | Rs 1,000 – Rs 1,053 |
Valuation at Upper Band | Rs 12,325 crore |
Shares Offered | 2.18 crore |
Bids Received (Day 1, 11:45 am) | 6.6 lakh |
Subscription (Overall) | 3% |
Retail Subscription | 1% |
QIB Subscription | 9% |
Listing Date | March 2 |
This is the complete factual picture shaping the Clean Max Enviro Energy Solutions share price narrative in the stock market today.
Summary: Where Things Stand?
The Clean Max Enviro Energy Solutions share price story has begun quietly but steadily.
- Rs 3,100 crore IPO.
- 3% subscription on Day 1.
- Rs 921 crore already raised via anchor investors.
- Price band fixed at Rs 1,000–1,053.
- Corporate renewable energy segment valued at Rs 3 trillion.
- Market share at 8%.
No noise. Just numbers.
Now the stock market today will watch how subscription trends evolve before February 25.
March 2 will be the real test — when the Clean Max Enviro Energy Solutions share price hits the exchange and meets live market demand.
Source: Moneycontrol
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