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

May 21, 2025

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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