IPO -Chorlosie: Clean Max Enviro Energy Solutions Files pull paper with SEBI for £ 5.200 Crore IPO

Clean Max Enviro Energy Solutions Limited has submitted his concept of Red Herring Prospectus (DRHP) to the Capital Market Regulator, Securities and Exchange Board of India (SEBI) for an initial public offer (IPO). Clean Max Enviro Energy Solutions starts an IPO with a face value of re 1, which consists of a new edition of shares amounting to £ 1,500 crore and an offer-for-sales of up to £ 3,700 crore by promoters and sales shareholders. In the offer for sale sell shareholders amounts, including £ 321.37 crore by Kuldeep Pratap Jain, £ 1,970.83 Crore by BGTF One Holdings (DIFC) Limited, £ 225.61 Crore by Kempinc LLP, £ 991.94 Crore by DSDG, LLC, and £ 190,25 CRore DSDG, LLC, and £ 190.25 crore at DSDG Holdings APS. The funds raised from the new issue of £ 1.125 crore will be used to repay debt, as well as for general corporate purposes. The lead managers for the book running through the book are Axis Capital Limited, JP Morgan India Private Limited, BNP Paribas, HSBC Securities and Capital Markets (India) Private Limited, IIFL Capital Services Limited, Nomura Financial Advisory and Securities (India) Private Limited, Bob Capital Markets, and SBI Capital Markets Limited, with Mufg Inime India Private Limited Serving as the registrar for the presentation. Company details since the founding in 2010, Cleanmax focused on providing net zero and unbuttoning solutions for commercial and industrial sectors, with more than 15 years of experience in the industry. Cleanmax is a leader in the field and boasts the largest customer base under C&I providers of renewable energy in India, with 531 clients and 1,127 signed PPAs on March 31, 2025. On July 31, 2025, Cleanmax reported an operational capacity of 2.54 GW and a contracted capacity of 2.53 GW. In addition, the company has 5.07 GW projects in advanced stages and under development (from 31 July 2025). The most important customer groups include rapidly growing industries such as data centers, AI and technology, including companies such as Equinix, Amazon, Google, Apple and Cisco. Cleanmax also serves clients in sectors such as infrastructure, manufacturing, airports, cement, steel, real estate and GCCs. Clean Max Enviro Energy Solutions was a witness to an increase in turnover of 12.98% in the operations, which increased from £ 1,425.31 crore in fiscal 2024 to £ 1,610.34 in fiscal 2025. Disclaimer: The views and recommendations above are those of individual analysts, experts and brokerage companies, not of currency. We advise investors to check with certified experts before making investment decisions.