Clean Max Enviro Energy Solutions IPO Day 3: Know Subscription Status on Final Day

The Clean Max Enviro Energy Solutions IPO has been subscribed 0.54 times as of 11:49:35 AM on its final day of bidding (Day 3), indicating moderate overall participation.

The QIB (Ex-Anchor) category recorded 1.42x subscription, NII stood at 0.54x, and Retail at 0.05x. The Employee category was subscribed 0.07x. Based on subscription data, the QIB (Ex-Anchor) segment has the highest subscription among categories reported.

Clean Max Enviro Energy Solutions IPO is a book-built issue aggregating ₹3,100.00 crore. The price band is fixed at ₹1,000 to ₹1,053 per share. The public issue opened for subscription on February 23, 2026, and closes today, on February 25, 2026.

Category-wise IPO Subscription Status

• QIB (Ex-Anchor): 1.42 times
• NII (HNI): 0.54 times
• bNII (> ₹10 lakh): 0.78 times
• sNII (< ₹10 lakh): 0.05 times
• Retail Individual Investors (RII): 0.05 times
• Employees: 0.07 times
• Total Subscription: 0.54 times

A total of 2,06,93,259 shares were offered against bids for 1,11,72,602 shares as of the reported time.

Previous Day’s Subscription Summary

On Day 2 (February 24, 2026), the IPO was subscribed 0.47 times. QIB (Ex-Anchor) stood at 1.27x, NII at 0.44x, and Retail at 0.04x.

Compared to Day 2, the total subscription has increased to 0.54x on Day 3. QIB rose from 1.27x to 1.42x, NII from 0.44x to 0.54x, and Retail from 0.04x to 0.05x.

IPO Timeline

• IPO Open Date: February 23, 2026
• IPO Close Date: February 25, 2026
• Allotment Date (Tentative): February 26, 2026
• Refund Initiation (Tentative): February 26, 2026
• Credit of Shares (Tentative): February 27, 2026
• Listing Date (Tentative): March 2, 2026
• Listing On: BSE and NSE

Brief Overview of the Clean Max Enviro Energy Solutions IPO

The Clean Max Enviro Energy Solutions IPO comprises a fresh issue of 1,13,96,011 shares aggregating up to ₹1,200.00 crore and an offer for sale of 1,80,43,684 shares aggregating up to ₹1,900.00 crore.

The price band is set at ₹1,000 to ₹1,053 per share with a lot size of 14 shares. The minimum investment for retail investors at the upper price band is ₹14,742.

Clean Max Enviro Energy Solutions IPO bidding opened for subscription on February 23, 2026 and will close today, February 25, 2026. The allotment for the Clean Max Enviro Energy Solutions IPO is expected to be finalised on February 26, 2026. Clean Max Enviro Energy Solutions IPO will list on BSE and NSE, with a tentative listing date fixed as March 2, 2026.

Clean Max Enviro Energy Solutions operates in the renewable energy solutions segment, providing power generation and sustainability solutions to commercial and industrial clients.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=4466&type=IPO&idtype=1&status=L&IPONo=7609&startdt=23/Feb/2026