In Short : In order to raise ₹5,200 crore through its IPO, Clean Max Enviro Energy Solutions has submitted its Draft Red Herring Prospectus (DRHP) to SEBI. The increase includes ₹3,700 crore through an offer-for-sale, which includes an employee reservation plan, and ₹1,500 crore in new stock.
Details of the IPO and financials
BGTF One Holdings (up to ₹1,971 crore), Kuldeep Pratap Jain (₹321 crore), and a number of other institutional stakeholders are among the major owners who are leaving the IPO through secondary sales. Clean Max intends to use ₹1,125 crore of new funding for general business goals and debt prepayment. The company’s FY25 financials demonstrate encouraging growth, with revenue increasing by 13% to ₹1,610 crore and a net profit of ₹27.8 crore.
Plans for Operational Growth and Footprint
Clean Max has 2.54 GW of operational capacity as of July 2025, with 2.53 GW contracted. An additional 5.07 GW is in advanced or pre-construction phases of its development pipeline. The company, which operates in 21 Indian states and serves clients abroad, including in Bahrain, Thailand, and the United Arab Emirates, has a leading 12% share in open-access renewable capacity increases in the commercial and industrial category.
Clean Energy Impact / Relevance
India’s increasing momentum in renewable energy infrastructure is demonstrated by Clean Max’s anticipated initial public offering (IPO) and growing presence. The company supports energy independence, decarbonization objectives, and climate-conscious business by expanding commercial and industrial clients’ access to clean, open-access power, thereby strengthening the country’s commitment to sustainable development.
About Clean Max Environmental Energy Products
Delivering open-access solar and wind power to the commercial and industrial sectors is the primary goal of Clean Max Enviro Energy Solutions, a specialist renewable energy producer. sustainable Max stands out as a major player in advancing the adoption of sustainable energy through scalable, decentralized solutions because of its strong presence throughout India, expanding worldwide footprint, and extensive project execution experience.
