Debasis Mohapatra
Bengaluru, 2 March 2026
Clean Max Enviro Energy Solutions made a weak debut in the Indian stock market on Monday. The company got listed at around 9% discount to the initial public offering (IPO) price of Rs 1,053 per share.
The company’s share got listed at Rs 960 per share on NSE and Rs 952.20 on BSE on Monday.
Clean Max Enviro Energy Solutions is a commercial and industrial renewable energy provider. Its IPO for subscription opened on February 23, and closed on February 25. Overall performance of the IPO was not sound due to the volatility in the market. The issue was subscribed overall 0.99 times, according to data available on the BSE.
The IPO price band was set at Rs 1,000– Rs 1,053 per equity share. The minimum lot size was fixed at 14 equity shares and in multiples of 14 thereafter.
