CleanMax Enviro plans Rs 5,000 cr IPO to boost renewable energy growth

CleanMax Enviro Energy Solutions is preparing for an initial public offering. The renewable energy company aims to raise ₹4,000-₹5,000 crore. The IPO will include both primary and secondary share sales. It values CleanMax at around ₹18,000-₹20,000 crore. Brookfield and other investors will sell stakes. The funds will support CleanMax’s future growth. Axis Capital and other banks are managing the offering.

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