{"id":21867,"date":"2026-02-23T15:46:43","date_gmt":"2026-02-23T10:16:43","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=21867"},"modified":"2026-02-23T15:46:43","modified_gmt":"2026-02-23T10:16:43","slug":"clean-max-enviro-energy-ipo-explained-subscription-status-gmp-trend-and-what-allotment-could-reveal","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/ipo-news\/clean-max-enviro-energy-ipo-explained-subscription-status-gmp-trend-and-what-allotment-could-reveal\/","title":{"rendered":"Clean Max Enviro Energy IPO Explained: Subscription Status, GMP Trend and What Allotment Could Reveal"},"content":{"rendered":"<p data-start=\"0\" data-end=\"115\"><a href=\"https:\/\/www.niftytrader.in\/ipo\/clean-max-enviro-energy-solutions-ipo\">Clean Max Enviro Energy Solutions IPO<\/a>: Complete Issue Details, Subscription Status, GMP Trend &amp; Allotment Guide<\/p>\n<p data-start=\"117\" data-end=\"644\">The <a href=\"https:\/\/www.niftytrader.in\/ipo\/clean-max-enviro-energy-solutions-ipo\">Clean Max Enviro Energy Solutions IPO<\/a> is a book-building public issue aggregating to \u20b93,100.00 crore, positioning the company among the significant renewable energy listings of 2026. The issue is structured as a mix of fresh issue and offer for sale (OFS), allowing the company to raise growth capital while also providing an exit opportunity to existing shareholders. With increasing institutional focus on renewable energy and decarbonization themes, this IPO has attracted early attention across investor categories.<\/p>\n<p data-start=\"646\" data-end=\"902\">The IPO opened for subscription on February 23, 2026, and will close on February 25, 2026. The allotment is expected to be finalized on February 26, 2026, and the shares are tentatively scheduled to list on BSE and NSE on March 2, 2026.<\/p>\n<h2 data-start=\"909\" data-end=\"976\">Clean Max Enviro Energy Solutions IPO Structure and Issue Size<\/h2>\n<p data-start=\"978\" data-end=\"1388\">The total issue size of \u20b93,100.00 crore comprises a fresh issue of 1.14 crore shares aggregating to \u20b91,200.00 crore and an offer for sale of 1.80 crore shares aggregating to \u20b91,900.00 crore. While the fresh issue will strengthen the company\u2019s capital base and support expansion initiatives, the OFS component allows existing investors to partially divest their holdings without impacting company cash reserves.<\/p>\n<h3 data-start=\"1390\" data-end=\"1408\">IPO Snapshot<\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"1410\" data-end=\"2000\">\n<thead data-start=\"1410\" data-end=\"1435\">\n<tr data-start=\"1410\" data-end=\"1435\">\n<th class=\"\" data-start=\"1410\" data-end=\"1424\" data-col-size=\"sm\">Particulars<\/th>\n<th class=\"\" data-start=\"1424\" data-end=\"1435\" data-col-size=\"sm\">Details<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1463\" data-end=\"2000\">\n<tr data-start=\"1463\" data-end=\"1496\">\n<td data-start=\"1463\" data-end=\"1474\" data-col-size=\"sm\">IPO Date<\/td>\n<td data-col-size=\"sm\" data-start=\"1474\" data-end=\"1496\">23 to 25 Feb, 2026<\/td>\n<\/tr>\n<tr data-start=\"1497\" data-end=\"1532\">\n<td data-start=\"1497\" data-end=\"1512\" data-col-size=\"sm\">Listing Date<\/td>\n<td data-col-size=\"sm\" data-start=\"1512\" data-end=\"1532\">Mon, Mar 2, 2026<\/td>\n<\/tr>\n<tr data-start=\"1533\" data-end=\"1562\">\n<td data-start=\"1533\" data-end=\"1546\" data-col-size=\"sm\">Face Value<\/td>\n<td data-col-size=\"sm\" data-start=\"1546\" data-end=\"1562\">\u20b91 per share<\/td>\n<\/tr>\n<tr data-start=\"1563\" data-end=\"1596\">\n<td data-start=\"1563\" data-end=\"1576\" data-col-size=\"sm\">Price Band<\/td>\n<td data-col-size=\"sm\" data-start=\"1576\" data-end=\"1596\">\u20b91,000 to \u20b91,053<\/td>\n<\/tr>\n<tr data-start=\"1597\" data-end=\"1621\">\n<td data-start=\"1597\" data-end=\"1608\" data-col-size=\"sm\">Lot Size<\/td>\n<td data-col-size=\"sm\" data-start=\"1608\" data-end=\"1621\">14 Shares<\/td>\n<\/tr>\n<tr data-start=\"1622\" data-end=\"1657\">\n<td data-start=\"1622\" data-end=\"1634\" data-col-size=\"sm\">Sale Type<\/td>\n<td data-col-size=\"sm\" data-start=\"1634\" data-end=\"1657\">Fresh Capital &amp; OFS<\/td>\n<\/tr>\n<tr data-start=\"1658\" data-end=\"1691\">\n<td data-start=\"1658\" data-end=\"1671\" data-col-size=\"sm\">Issue Type<\/td>\n<td data-col-size=\"sm\" data-start=\"1671\" data-end=\"1691\">Bookbuilding IPO<\/td>\n<\/tr>\n<tr data-start=\"1692\" data-end=\"1717\">\n<td data-start=\"1692\" data-end=\"1705\" data-col-size=\"sm\">Listing At<\/td>\n<td data-col-size=\"sm\" data-start=\"1705\" data-end=\"1717\">BSE, NSE<\/td>\n<\/tr>\n<tr data-start=\"1718\" data-end=\"1746\">\n<td data-start=\"1718\" data-end=\"1738\" data-col-size=\"sm\">Employee Discount<\/td>\n<td data-col-size=\"sm\" data-start=\"1738\" data-end=\"1746\">\u20b9100<\/td>\n<\/tr>\n<tr data-start=\"1747\" data-end=\"1800\">\n<td data-start=\"1747\" data-end=\"1766\" data-col-size=\"sm\">Total Issue Size<\/td>\n<td data-col-size=\"sm\" data-start=\"1766\" data-end=\"1800\">2,94,39,695 shares (\u20b93,100 Cr)<\/td>\n<\/tr>\n<tr data-start=\"1801\" data-end=\"1849\">\n<td data-start=\"1801\" data-end=\"1815\" data-col-size=\"sm\">Fresh Issue<\/td>\n<td data-col-size=\"sm\" data-start=\"1815\" data-end=\"1849\">1,13,96,011 shares (\u20b91,200 Cr)<\/td>\n<\/tr>\n<tr data-start=\"1850\" data-end=\"1901\">\n<td data-start=\"1850\" data-end=\"1867\" data-col-size=\"sm\">Offer for Sale<\/td>\n<td data-col-size=\"sm\" data-start=\"1867\" data-end=\"1901\">1,80,43,684 shares (\u20b91,900 Cr)<\/td>\n<\/tr>\n<tr data-start=\"1902\" data-end=\"1950\">\n<td data-start=\"1902\" data-end=\"1927\" data-col-size=\"sm\">Shareholding Pre Issue<\/td>\n<td data-col-size=\"sm\" data-start=\"1927\" data-end=\"1950\">10,56,53,268 shares<\/td>\n<\/tr>\n<tr data-start=\"1951\" data-end=\"2000\">\n<td data-start=\"1951\" data-end=\"1977\" data-col-size=\"sm\">Shareholding Post Issue<\/td>\n<td data-col-size=\"sm\" data-start=\"1977\" data-end=\"2000\">11,70,49,279 shares<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"2002\" data-end=\"2105\">The increase in post-issue shareholding reflects the impact of fresh capital infusion into the company.<\/p>\n<p data-start=\"2002\" data-end=\"2105\">Also Read : <a href=\"https:\/\/www.niftytrader.in\/markets\/upl-limited-slides-after-restructuring-plan-are-leverage-and-dilution-concerns-mounting\/\">UPL Limited Slides After Restructuring Plan \u2014 Are Leverage and Dilution Concerns Mounting?<\/a><\/p>\n<h2 data-start=\"2112\" data-end=\"2161\">Investment Requirements and Lot Size Details<\/h2>\n<p data-start=\"2163\" data-end=\"2387\">The IPO price band has been fixed between \u20b91,000 and \u20b91,053 per share. Investors must apply in a minimum lot size of 14 shares. At the upper price band, the minimum investment required for retail investors stands at \u20b914,742.<\/p>\n<p data-start=\"2389\" data-end=\"2504\">For non-institutional investors, the investment requirement is significantly higher due to multiple lot conditions.<\/p>\n<ul data-start=\"2506\" data-end=\"2665\">\n<li data-start=\"2506\" data-end=\"2556\">\n<p data-start=\"2508\" data-end=\"2556\">Retail Minimum Investment: \u20b914,742 (14 shares)<\/p>\n<\/li>\n<li data-start=\"2557\" data-end=\"2610\">\n<p data-start=\"2559\" data-end=\"2610\">sNII Investment: \u20b92,06,388 (196 shares \/ 14 lots)<\/p>\n<\/li>\n<li data-start=\"2611\" data-end=\"2665\">\n<p data-start=\"2613\" data-end=\"2665\">bNII Investment: \u20b910,02,456 (952 shares \/ 68 lots)<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2667\" data-end=\"2766\">This structured bidding format ensures clear segmentation between retail and high-value applicants.<\/p>\n<h2 data-start=\"2773\" data-end=\"2812\">Clean Max Enviro Energy Solutions IPO Timetable (Tentative Schedule)<\/h2>\n<p data-start=\"2814\" data-end=\"2908\">The IPO follows a structured post-subscription schedule ensuring quick processing and listing.<\/p>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"2910\" data-end=\"3148\">\n<thead data-start=\"2910\" data-end=\"2926\">\n<tr data-start=\"2910\" data-end=\"2926\">\n<th class=\"\" data-start=\"2910\" data-end=\"2918\" data-col-size=\"sm\">Event<\/th>\n<th class=\"\" data-start=\"2918\" data-end=\"2926\" data-col-size=\"sm\">Date<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2945\" data-end=\"3148\">\n<tr data-start=\"2945\" data-end=\"2977\">\n<td data-start=\"2945\" data-end=\"2956\" data-col-size=\"sm\">IPO Open<\/td>\n<td data-col-size=\"sm\" data-start=\"2956\" data-end=\"2977\">Mon, Feb 23, 2026<\/td>\n<\/tr>\n<tr data-start=\"2978\" data-end=\"3011\">\n<td data-start=\"2978\" data-end=\"2990\" data-col-size=\"sm\">IPO Close<\/td>\n<td data-col-size=\"sm\" data-start=\"2990\" data-end=\"3011\">Wed, Feb 25, 2026<\/td>\n<\/tr>\n<tr data-start=\"3012\" data-end=\"3045\">\n<td data-start=\"3012\" data-end=\"3024\" data-col-size=\"sm\">Allotment<\/td>\n<td data-col-size=\"sm\" data-start=\"3024\" data-end=\"3045\">Thu, Feb 26, 2026<\/td>\n<\/tr>\n<tr data-start=\"3046\" data-end=\"3076\">\n<td data-start=\"3046\" data-end=\"3055\" data-col-size=\"sm\">Refund<\/td>\n<td data-col-size=\"sm\" data-start=\"3055\" data-end=\"3076\">Thu, Feb 26, 2026<\/td>\n<\/tr>\n<tr data-start=\"3077\" data-end=\"3117\">\n<td data-start=\"3077\" data-end=\"3096\" data-col-size=\"sm\">Credit of Shares<\/td>\n<td data-col-size=\"sm\" data-start=\"3096\" data-end=\"3117\">Fri, Feb 27, 2026<\/td>\n<\/tr>\n<tr data-start=\"3118\" data-end=\"3148\">\n<td data-start=\"3118\" data-end=\"3128\" data-col-size=\"sm\">Listing<\/td>\n<td data-col-size=\"sm\" data-start=\"3128\" data-end=\"3148\">Mon, Mar 2, 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"3150\" data-end=\"3258\">Investors who receive allotment can expect shares to be credited to their demat accounts before listing day.<\/p>\n<h1 data-start=\"3265\" data-end=\"3313\">About Clean Max Enviro Energy Solutions Ltd.<\/h1>\n<p data-start=\"3315\" data-end=\"3650\"><a href=\"https:\/\/www.niftytrader.in\/ipo\/clean-max-enviro-energy-solutions-ipo\">Clean Max Enviro<\/a> is recognized as India\u2019s largest commercial and industrial (C&amp;I) renewable energy provider as of March 31, 2025, according to the CRISIL Report. The company has established a strong presence in delivering renewable power solutions tailored to corporate and industrial consumers seeking sustainable energy alternatives.<\/p>\n<p data-start=\"3652\" data-end=\"3689\">As of July 31, 2025, the company has:<\/p>\n<ul data-start=\"3691\" data-end=\"3797\">\n<li data-start=\"3691\" data-end=\"3746\">\n<p data-start=\"3693\" data-end=\"3746\">2.54 GW of operational, owned, and managed capacity<\/p>\n<\/li>\n<li data-start=\"3747\" data-end=\"3797\">\n<p data-start=\"3749\" data-end=\"3797\">2.53 GW of contracted capacity under execution<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3799\" data-end=\"4025\">Its offerings span renewable power supply, energy services, and carbon credit solutions. The company serves both technology-driven clients and conventional C&amp;I customers, offering comprehensive renewable integration solutions.<\/p>\n<p data-start=\"4027\" data-end=\"4234\">The company\u2019s expertise includes energy contracting, Engineering, Procurement and Construction (EPC), and operation and maintenance (O&amp;M) of renewable energy plants including solar, wind, and hybrid systems.<\/p>\n<h2 data-start=\"4241\" data-end=\"4264\">Business Offerings<\/h2>\n<h3 data-start=\"4266\" data-end=\"4308\">Renewable Energy Power Sales Segment<\/h3>\n<p data-start=\"4310\" data-end=\"4598\">Under this segment, the company sells renewable energy through long-term Power Purchase Agreements (PPAs) and Energy Attribute Purchase Agreements (EAPAs). These long-duration contracts ensure revenue stability and predictable cash flows, reducing exposure to short-term price volatility.<\/p>\n<h3 data-start=\"4600\" data-end=\"4639\">Renewable Energy Services Segment<\/h3>\n<p data-start=\"4641\" data-end=\"4981\">This segment focuses on turnkey project development and lifecycle management. It includes land acquisition, evacuation infrastructure development, EPC execution, power evacuation systems, long-term O&amp;M services, and carbon credit offerings. This integrated model enables the company to provide end-to-end renewable solutions to its clients.<\/p>\n<h1 data-start=\"4988\" data-end=\"5064\">Clean Max Enviro Energy Solutions IPO Subscription Status (Day 1 Update)<\/h1>\n<p data-start=\"5066\" data-end=\"5299\">As of February 23, 2026 at 1:09:33 PM (Day 1), the IPO has been subscribed 0.11 times overall. Subscription has been moderate across categories, with stronger participation seen in the QIB segment compared to retail and NII segments.<\/p>\n<h3 data-start=\"5301\" data-end=\"5333\">Category-wise Subscription<\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"5335\" data-end=\"5934\">\n<thead data-start=\"5335\" data-end=\"5423\">\n<tr data-start=\"5335\" data-end=\"5423\">\n<th class=\"\" data-start=\"5335\" data-end=\"5346\" data-col-size=\"sm\">Category<\/th>\n<th class=\"\" data-start=\"5346\" data-end=\"5365\" data-col-size=\"sm\">Subscription (x)<\/th>\n<th class=\"\" data-start=\"5365\" data-end=\"5382\" data-col-size=\"sm\">Shares Offered<\/th>\n<th class=\"\" data-start=\"5382\" data-end=\"5399\" data-col-size=\"sm\">Shares Bid For<\/th>\n<th class=\"\" data-start=\"5399\" data-end=\"5423\" data-col-size=\"sm\">Total Amount (\u20b9 Cr.)<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"5506\" data-end=\"5934\">\n<tr data-start=\"5506\" data-end=\"5554\">\n<td data-start=\"5506\" data-end=\"5515\" data-col-size=\"sm\">Anchor<\/td>\n<td data-col-size=\"sm\" data-start=\"5515\" data-end=\"5519\">1<\/td>\n<td data-col-size=\"sm\" data-start=\"5519\" data-end=\"5531\">87,46,437<\/td>\n<td data-col-size=\"sm\" data-start=\"5531\" data-end=\"5543\">87,46,437<\/td>\n<td data-col-size=\"sm\" data-start=\"5543\" data-end=\"5554\">921.000<\/td>\n<\/tr>\n<tr data-start=\"5555\" data-end=\"5615\">\n<td data-start=\"5555\" data-end=\"5573\" data-col-size=\"sm\">QIB (Ex Anchor)<\/td>\n<td data-col-size=\"sm\" data-start=\"5573\" data-end=\"5580\">0.33<\/td>\n<td data-col-size=\"sm\" data-start=\"5580\" data-end=\"5592\">58,16,014<\/td>\n<td data-col-size=\"sm\" data-start=\"5592\" data-end=\"5604\">19,46,826<\/td>\n<td data-col-size=\"sm\" data-start=\"5604\" data-end=\"5615\">205.001<\/td>\n<\/tr>\n<tr data-start=\"5616\" data-end=\"5662\">\n<td data-start=\"5616\" data-end=\"5622\" data-col-size=\"sm\">NII<\/td>\n<td data-col-size=\"sm\" data-start=\"5622\" data-end=\"5629\">0.05<\/td>\n<td data-col-size=\"sm\" data-start=\"5629\" data-end=\"5641\">43,68,735<\/td>\n<td data-col-size=\"sm\" data-start=\"5641\" data-end=\"5652\">2,07,732<\/td>\n<td data-col-size=\"sm\" data-start=\"5652\" data-end=\"5662\">21.874<\/td>\n<\/tr>\n<tr data-start=\"5663\" data-end=\"5719\">\n<td data-start=\"5663\" data-end=\"5679\" data-col-size=\"sm\">bNII (&gt; \u20b910L)<\/td>\n<td data-col-size=\"sm\" data-start=\"5679\" data-end=\"5686\">0.07<\/td>\n<td data-col-size=\"sm\" data-start=\"5686\" data-end=\"5698\">29,12,490<\/td>\n<td data-col-size=\"sm\" data-start=\"5698\" data-end=\"5709\">1,93,802<\/td>\n<td data-col-size=\"sm\" data-start=\"5709\" data-end=\"5719\">20.407<\/td>\n<\/tr>\n<tr data-start=\"5720\" data-end=\"5773\">\n<td data-start=\"5720\" data-end=\"5736\" data-col-size=\"sm\">sNII (&lt; \u20b910L)<\/td>\n<td data-col-size=\"sm\" data-start=\"5736\" data-end=\"5743\">0.01<\/td>\n<td data-col-size=\"sm\" data-start=\"5743\" data-end=\"5755\">14,56,245<\/td>\n<td data-col-size=\"sm\" data-start=\"5755\" data-end=\"5764\">13,930<\/td>\n<td data-col-size=\"sm\" data-start=\"5764\" data-end=\"5773\">1.467<\/td>\n<\/tr>\n<tr data-start=\"5774\" data-end=\"5825\">\n<td data-start=\"5774\" data-end=\"5783\" data-col-size=\"sm\">Retail<\/td>\n<td data-col-size=\"sm\" data-start=\"5783\" data-end=\"5790\">0.02<\/td>\n<td data-col-size=\"sm\" data-start=\"5790\" data-end=\"5804\">1,01,93,715<\/td>\n<td data-col-size=\"sm\" data-start=\"5804\" data-end=\"5815\">1,58,844<\/td>\n<td data-col-size=\"sm\" data-start=\"5815\" data-end=\"5825\">16.726<\/td>\n<\/tr>\n<tr data-start=\"5826\" data-end=\"5873\">\n<td data-start=\"5826\" data-end=\"5838\" data-col-size=\"sm\">Employees<\/td>\n<td data-col-size=\"sm\" data-start=\"5838\" data-end=\"5845\">0.02<\/td>\n<td data-col-size=\"sm\" data-start=\"5845\" data-end=\"5856\">3,14,795<\/td>\n<td data-col-size=\"sm\" data-start=\"5856\" data-end=\"5864\">5,726<\/td>\n<td data-col-size=\"sm\" data-start=\"5864\" data-end=\"5873\">0.603<\/td>\n<\/tr>\n<tr data-start=\"5874\" data-end=\"5934\">\n<td data-start=\"5874\" data-end=\"5886\" data-col-size=\"sm\">Total<\/td>\n<td data-col-size=\"sm\" data-start=\"5886\" data-end=\"5897\">0.11<\/td>\n<td data-col-size=\"sm\" data-start=\"5897\" data-end=\"5911\">2,06,93,259<\/td>\n<td data-col-size=\"sm\" data-start=\"5911\" data-end=\"5923\">23,19,128<\/td>\n<td data-col-size=\"sm\" data-start=\"5923\" data-end=\"5934\">244.204<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"5936\" data-end=\"6068\">The anchor portion has been fully subscribed, while retail and NII segments are witnessing gradual participation on the opening day.<\/p>\n<h2 data-start=\"6075\" data-end=\"6125\">Clean Max Enviro Energy Solutions IPO Shares Offered \u2013 Category-wise Allocation<\/h2>\n<p data-start=\"6127\" data-end=\"6253\">The IPO is a public issue of 2.94 crore equity shares distributed across investor categories to ensure balanced participation.<\/p>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"6255\" data-end=\"6761\">\n<thead data-start=\"6255\" data-end=\"6312\">\n<tr data-start=\"6255\" data-end=\"6312\">\n<th class=\"\" data-start=\"6255\" data-end=\"6266\" data-col-size=\"sm\">Category<\/th>\n<th class=\"\" data-start=\"6266\" data-end=\"6283\" data-col-size=\"sm\">Shares Offered<\/th>\n<th class=\"\" data-start=\"6283\" data-end=\"6300\" data-col-size=\"sm\">Amount (\u20b9 Cr.)<\/th>\n<th class=\"\" data-start=\"6300\" data-end=\"6312\" data-col-size=\"sm\">Size (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"6372\" data-end=\"6761\">\n<tr data-start=\"6372\" data-end=\"6413\">\n<td data-start=\"6372\" data-end=\"6378\" data-col-size=\"sm\">QIB<\/td>\n<td data-start=\"6378\" data-end=\"6392\" data-col-size=\"sm\">1,45,62,451<\/td>\n<td data-col-size=\"sm\" data-start=\"6392\" data-end=\"6403\">1,533.43<\/td>\n<td data-col-size=\"sm\" data-start=\"6403\" data-end=\"6413\">49.47%<\/td>\n<\/tr>\n<tr data-start=\"6414\" data-end=\"6454\">\n<td data-start=\"6414\" data-end=\"6423\" data-col-size=\"sm\">Anchor<\/td>\n<td data-col-size=\"sm\" data-start=\"6423\" data-end=\"6435\">87,46,437<\/td>\n<td data-col-size=\"sm\" data-start=\"6435\" data-end=\"6444\">921.00<\/td>\n<td data-col-size=\"sm\" data-start=\"6444\" data-end=\"6454\">29.71%<\/td>\n<\/tr>\n<tr data-start=\"6455\" data-end=\"6504\">\n<td data-start=\"6455\" data-end=\"6473\" data-col-size=\"sm\">QIB (Ex Anchor)<\/td>\n<td data-col-size=\"sm\" data-start=\"6473\" data-end=\"6485\">58,16,014<\/td>\n<td data-col-size=\"sm\" data-start=\"6485\" data-end=\"6494\">612.43<\/td>\n<td data-col-size=\"sm\" data-start=\"6494\" data-end=\"6504\">19.76%<\/td>\n<\/tr>\n<tr data-start=\"6505\" data-end=\"6542\">\n<td data-start=\"6505\" data-end=\"6511\" data-col-size=\"sm\">NII<\/td>\n<td data-col-size=\"sm\" data-start=\"6511\" data-end=\"6523\">43,68,735<\/td>\n<td data-col-size=\"sm\" data-start=\"6523\" data-end=\"6532\">460.03<\/td>\n<td data-col-size=\"sm\" data-start=\"6532\" data-end=\"6542\">14.84%<\/td>\n<\/tr>\n<tr data-start=\"6543\" data-end=\"6580\">\n<td data-start=\"6543\" data-end=\"6550\" data-col-size=\"sm\">bNII<\/td>\n<td data-col-size=\"sm\" data-start=\"6550\" data-end=\"6562\">29,12,490<\/td>\n<td data-col-size=\"sm\" data-start=\"6562\" data-end=\"6571\">306.69<\/td>\n<td data-col-size=\"sm\" data-start=\"6571\" data-end=\"6580\">9.89%<\/td>\n<\/tr>\n<tr data-start=\"6581\" data-end=\"6618\">\n<td data-start=\"6581\" data-end=\"6588\" data-col-size=\"sm\">sNII<\/td>\n<td data-col-size=\"sm\" data-start=\"6588\" data-end=\"6600\">14,56,245<\/td>\n<td data-col-size=\"sm\" data-start=\"6600\" data-end=\"6609\">153.34<\/td>\n<td data-col-size=\"sm\" data-start=\"6609\" data-end=\"6618\">4.95%<\/td>\n<\/tr>\n<tr data-start=\"6619\" data-end=\"6663\">\n<td data-start=\"6619\" data-end=\"6628\" data-col-size=\"sm\">Retail<\/td>\n<td data-start=\"6628\" data-end=\"6642\" data-col-size=\"sm\">1,01,93,715<\/td>\n<td data-col-size=\"sm\" data-start=\"6642\" data-end=\"6653\">1,073.40<\/td>\n<td data-col-size=\"sm\" data-start=\"6653\" data-end=\"6663\">34.63%<\/td>\n<\/tr>\n<tr data-start=\"6664\" data-end=\"6703\">\n<td data-start=\"6664\" data-end=\"6675\" data-col-size=\"sm\">Employee<\/td>\n<td data-col-size=\"sm\" data-start=\"6675\" data-end=\"6686\">3,14,795<\/td>\n<td data-col-size=\"sm\" data-start=\"6686\" data-end=\"6694\">33.15<\/td>\n<td data-col-size=\"sm\" data-start=\"6694\" data-end=\"6703\">1.07%<\/td>\n<\/tr>\n<tr data-start=\"6704\" data-end=\"6761\">\n<td data-start=\"6704\" data-end=\"6716\" data-col-size=\"sm\">Total<\/td>\n<td data-col-size=\"sm\" data-start=\"6716\" data-end=\"6734\">2,94,39,696<\/td>\n<td data-col-size=\"sm\" data-start=\"6734\" data-end=\"6749\">3,100.00<\/td>\n<td data-col-size=\"sm\" data-start=\"6749\" data-end=\"6761\">100%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"6763\" data-end=\"6878\">Nearly half of the issue is reserved for qualified institutional buyers, reflecting institutional confidence focus.<\/p>\n<h1 data-start=\"6885\" data-end=\"6930\">Clean Max Enviro Energy Solutions IPO GMP<\/h1>\n<p data-start=\"6932\" data-end=\"7124\">As of February 23, 2026 (12:37 PM), the latest GMP stands at \u20b92. Based on the upper price band of \u20b91,053, the estimated listing price is \u20b91,055, indicating an expected gain of 0.19% per share.<\/p>\n<ul data-start=\"7126\" data-end=\"7229\">\n<li data-start=\"7126\" data-end=\"7171\">\n<p data-start=\"7128\" data-end=\"7171\">Estimated Profit per Lot (14 shares): \u20b928<\/p>\n<\/li>\n<li data-start=\"7172\" data-end=\"7199\">\n<p data-start=\"7174\" data-end=\"7199\">Lowest GMP Recorded: \u20b90<\/p>\n<\/li>\n<li data-start=\"7200\" data-end=\"7229\">\n<p data-start=\"7202\" data-end=\"7229\">Highest GMP Recorded: \u20b914<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"7231\" data-end=\"7322\">The current GMP trend suggests cooling grey market enthusiasm compared to earlier sessions.<\/p>\n<h3 data-start=\"7329\" data-end=\"7352\">Day-wise GMP Trend<\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"7354\" data-end=\"8085\">\n<thead data-start=\"7354\" data-end=\"7455\">\n<tr data-start=\"7354\" data-end=\"7455\">\n<th class=\"\" data-start=\"7354\" data-end=\"7361\" data-col-size=\"sm\">Date<\/th>\n<th class=\"\" data-start=\"7361\" data-end=\"7373\" data-col-size=\"sm\">IPO Price<\/th>\n<th class=\"\" data-start=\"7373\" data-end=\"7379\" data-col-size=\"sm\">GMP<\/th>\n<th class=\"\" data-start=\"7379\" data-end=\"7394\" data-col-size=\"sm\">Subscription<\/th>\n<th class=\"\" data-start=\"7394\" data-end=\"7420\" data-col-size=\"sm\">Estimated Listing Price<\/th>\n<th class=\"\" data-start=\"7420\" data-end=\"7439\" data-col-size=\"sm\">Estimated Profit<\/th>\n<th class=\"\" data-start=\"7439\" data-end=\"7455\" data-col-size=\"sm\">Last Updated<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"7562\" data-end=\"8085\">\n<tr data-start=\"7562\" data-end=\"7638\">\n<td data-start=\"7562\" data-end=\"7575\" data-col-size=\"sm\">23-02-2026<\/td>\n<td data-col-size=\"sm\" data-start=\"7575\" data-end=\"7583\">\u20b91053<\/td>\n<td data-col-size=\"sm\" data-start=\"7583\" data-end=\"7588\">\u20b92<\/td>\n<td data-col-size=\"sm\" data-start=\"7588\" data-end=\"7595\">0.1x<\/td>\n<td data-col-size=\"sm\" data-start=\"7595\" data-end=\"7611\">\u20b91055 (0.19%)<\/td>\n<td data-col-size=\"sm\" data-start=\"7611\" data-end=\"7617\">\u20b928<\/td>\n<td data-col-size=\"sm\" data-start=\"7617\" data-end=\"7638\">23-Feb-2026 12:37<\/td>\n<\/tr>\n<tr data-start=\"7639\" data-end=\"7712\">\n<td data-start=\"7639\" data-end=\"7652\" data-col-size=\"sm\">22-02-2026<\/td>\n<td data-col-size=\"sm\" data-start=\"7652\" data-end=\"7660\">\u20b91053<\/td>\n<td data-col-size=\"sm\" data-start=\"7660\" data-end=\"7665\">\u20b94<\/td>\n<td data-col-size=\"sm\" data-start=\"7665\" data-end=\"7669\">\u2014<\/td>\n<td data-col-size=\"sm\" data-start=\"7669\" data-end=\"7685\">\u20b91057 (0.38%)<\/td>\n<td data-col-size=\"sm\" data-start=\"7685\" data-end=\"7691\">\u20b956<\/td>\n<td data-col-size=\"sm\" data-start=\"7691\" data-end=\"7712\">22-Feb-2026 23:29<\/td>\n<\/tr>\n<tr data-start=\"7713\" data-end=\"7786\">\n<td data-start=\"7713\" data-end=\"7726\" data-col-size=\"sm\">21-02-2026<\/td>\n<td data-col-size=\"sm\" data-start=\"7726\" data-end=\"7734\">\u20b91053<\/td>\n<td data-col-size=\"sm\" data-start=\"7734\" data-end=\"7739\">\u20b94<\/td>\n<td data-col-size=\"sm\" data-start=\"7739\" data-end=\"7743\">\u2014<\/td>\n<td data-col-size=\"sm\" data-start=\"7743\" data-end=\"7759\">\u20b91057 (0.38%)<\/td>\n<td data-col-size=\"sm\" data-start=\"7759\" data-end=\"7765\">\u20b956<\/td>\n<td data-col-size=\"sm\" data-start=\"7765\" data-end=\"7786\">21-Feb-2026 23:29<\/td>\n<\/tr>\n<tr data-start=\"7787\" data-end=\"7860\">\n<td data-start=\"7787\" data-end=\"7800\" data-col-size=\"sm\">20-02-2026<\/td>\n<td data-col-size=\"sm\" data-start=\"7800\" data-end=\"7808\">\u20b91053<\/td>\n<td data-col-size=\"sm\" data-start=\"7808\" data-end=\"7813\">\u20b93<\/td>\n<td data-col-size=\"sm\" data-start=\"7813\" data-end=\"7817\">\u2014<\/td>\n<td data-col-size=\"sm\" data-start=\"7817\" data-end=\"7833\">\u20b91056 (0.28%)<\/td>\n<td data-col-size=\"sm\" data-start=\"7833\" data-end=\"7839\">\u20b942<\/td>\n<td data-col-size=\"sm\" data-start=\"7839\" data-end=\"7860\">20-Feb-2026 23:31<\/td>\n<\/tr>\n<tr data-start=\"7861\" data-end=\"7934\">\n<td data-start=\"7861\" data-end=\"7874\" data-col-size=\"sm\">19-02-2026<\/td>\n<td data-col-size=\"sm\" data-start=\"7874\" data-end=\"7882\">\u20b91053<\/td>\n<td data-col-size=\"sm\" data-start=\"7882\" data-end=\"7887\">\u20b93<\/td>\n<td data-col-size=\"sm\" data-start=\"7887\" data-end=\"7891\">\u2014<\/td>\n<td data-col-size=\"sm\" data-start=\"7891\" data-end=\"7907\">\u20b91056 (0.28%)<\/td>\n<td data-col-size=\"sm\" data-start=\"7907\" data-end=\"7913\">\u20b942<\/td>\n<td data-col-size=\"sm\" data-start=\"7913\" data-end=\"7934\">19-Feb-2026 23:31<\/td>\n<\/tr>\n<tr data-start=\"7935\" data-end=\"8009\">\n<td data-start=\"7935\" data-end=\"7948\" data-col-size=\"sm\">18-02-2026<\/td>\n<td data-col-size=\"sm\" data-start=\"7948\" data-end=\"7956\">\u20b91053<\/td>\n<td data-col-size=\"sm\" data-start=\"7956\" data-end=\"7961\">\u20b99<\/td>\n<td data-col-size=\"sm\" data-start=\"7961\" data-end=\"7965\">\u2014<\/td>\n<td data-col-size=\"sm\" data-start=\"7965\" data-end=\"7981\">\u20b91062 (0.85%)<\/td>\n<td data-col-size=\"sm\" data-start=\"7981\" data-end=\"7988\">\u20b9126<\/td>\n<td data-col-size=\"sm\" data-start=\"7988\" data-end=\"8009\">18-Feb-2026 23:28<\/td>\n<\/tr>\n<tr data-start=\"8010\" data-end=\"8085\">\n<td data-start=\"8010\" data-end=\"8023\" data-col-size=\"sm\">17-02-2026<\/td>\n<td data-col-size=\"sm\" data-start=\"8023\" data-end=\"8031\">\u20b91053<\/td>\n<td data-col-size=\"sm\" data-start=\"8031\" data-end=\"8037\">\u20b914<\/td>\n<td data-col-size=\"sm\" data-start=\"8037\" data-end=\"8041\">\u2014<\/td>\n<td data-col-size=\"sm\" data-start=\"8041\" data-end=\"8057\">\u20b91067 (1.33%)<\/td>\n<td data-col-size=\"sm\" data-start=\"8057\" data-end=\"8064\">\u20b9196<\/td>\n<td data-col-size=\"sm\" data-start=\"8064\" data-end=\"8085\">17-Feb-2026 23:30<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"8087\" data-end=\"8178\">The premium has gradually softened from \u20b914 to \u20b92, indicating moderated speculative demand.<\/p>\n<h2 data-start=\"8185\" data-end=\"8228\">What is IPO Grey Market Premium (GMP)?<\/h2>\n<p data-start=\"8230\" data-end=\"8540\">The Grey Market Premium (GMP) refers to the unofficial price at which IPO shares trade before listing on stock exchanges. It is often used as an informal indicator of expected listing performance. A positive GMP indicates potential listing gains, whereas a negative GMP suggests possible listing at a discount.<\/p>\n<p data-start=\"8542\" data-end=\"8796\">However, GMP is highly volatile and unregulated. Investment decisions should not rely solely on GMP movements. Investors must carefully evaluate company fundamentals, valuation metrics, subscription demand, and broader market conditions before investing.<\/p>\n<h1 data-start=\"8803\" data-end=\"8861\">Clean Max Enviro Energy Solutions IPO Allotment Status<\/h1>\n<p data-start=\"8863\" data-end=\"9041\">The allotment of shares is expected to be finalized on February 26, 2026. Investors who have applied can check their allotment status online via the registrar\u2019s official website.<\/p>\n<h3 data-start=\"9043\" data-end=\"9081\">How to Check IPO Allotment Status<\/h3>\n<ol data-start=\"9083\" data-end=\"9359\">\n<li data-start=\"9083\" data-end=\"9129\">\n<p data-start=\"9086\" data-end=\"9129\">Visit the MUFG Intime IPO allotment page.<\/p>\n<\/li>\n<li data-start=\"9130\" data-end=\"9196\">\n<p data-start=\"9133\" data-end=\"9196\">Select \u201cClean Max Enviro Energy Solutions\u201d from the dropdown.<\/p>\n<\/li>\n<li data-start=\"9197\" data-end=\"9270\">\n<p data-start=\"9200\" data-end=\"9270\">Enter PAN, Application Number, or DP Client ID\/Demat Account Number.<\/p>\n<\/li>\n<li data-start=\"9271\" data-end=\"9294\">\n<p data-start=\"9274\" data-end=\"9294\">Click on \u201cSearch\u201d.<\/p>\n<\/li>\n<li data-start=\"9295\" data-end=\"9359\">\n<p data-start=\"9298\" data-end=\"9359\">The screen will display shares applied and shares allotted.<\/p>\n<\/li>\n<\/ol>\n<p data-start=\"9361\" data-end=\"9456\">The shares are expected to be credited on February 27, 2026, ahead of listing on March 2, 2026.<\/p>\n<h1 data-start=\"9463\" data-end=\"9481\">Final Overview<\/h1>\n<p data-start=\"9483\" data-end=\"9785\"><a href=\"https:\/\/www.niftytrader.in\/ipo\/clean-max-enviro-energy-solutions-ipo\">Clean Max Enviro Energy Solutions IPO<\/a> offers investors exposure to India\u2019s leading C&amp;I renewable energy platform with over 5 GW combined operational and contracted capacity. While institutional participation has shown moderate traction on Day 1, retail and NII segments are gradually building momentum.<\/p>\n<p data-start=\"9787\" data-end=\"10036\" data-is-last-node=\"\" data-is-only-node=\"\">With a relatively modest GMP of \u20b92 and subscription at 0.11 times on Day 1, investor sentiment appears cautious but evolving. As always, investors should assess valuation, business fundamentals, and sector outlook before making an informed decision.<\/p>\n<ul>\n<li data-start=\"5850\" data-end=\"6039\"><a href=\"https:\/\/www.niftytrader.in\/ipo\">IPO<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty50-contributors\">Nifty 50<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty-bank-contributors\">Bank Nifty<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\">Sensex<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Clean Max Enviro Energy Solutions IPO: Complete Issue Details, Subscription Status, GMP Trend &amp; Allotment Guide The Clean Max Enviro Energy Solutions IPO is a book-building public issue aggregating to \u20b93,100.00 crore, positioning the company among the significant renewable energy listings of 2026. The issue is structured as a mix of fresh issue and offer [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1367],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-21867","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipo-news"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/21867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=21867"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/21867\/revisions"}],"predecessor-version":[{"id":21869,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/21867\/revisions\/21869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/21868"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=21867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=21867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=21867"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=21867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}