Clean Max Enviro Energy Solutions has opened its Rs. 3,100 cr. IPO for subscription on 23rd February 2026, marking one of the biggest public issues of the month. The offer comprises a fresh issue along with an offer for sale, with the price band fixed at Rs. 1,000–1,053 per share.
However, early grey market trends remain subdued, with the GMP indicating only marginal listing upside. Analysts note that while the company operates in the fast-growing renewable energy segment, near-term listing enthusiasm appears limited.
Market participants will closely watch subscription traction over the next two days to gauge institutional interest and listing potential.
