Clean Max Enviro Energy Raises ₹921 Crore from Anchor Investors Before IPO Launch

Clean Max Enviro Energy Solutions, a major commercial and industrial renewable energy company in India, has secured approximately ₹921 crore in funding from anchor investors ahead of its initial public offering (IPO), which opened for public subscription on February 23, 2026. The company allotted 87,46,437 equity shares at ₹1,053 per share to institutional investors on February 20, 2026.

Both foreign and domestic institutions participated in the anchor round, including Temasek Holdings, SBI Life, Nomura Asset Management, HDFC Mutual Fund, Abu Dhabi Investment Authority (ADIA), Franklin Templeton Mutual Fund, Eastspring Investments, SBI General Insurance, Premji Invest, 360 One Mutual Fund, Trust Group, BNP Paribas and Tata Investment Corporation, reflecting broad investor confidence in Clean Max’s business model. Foreign institutional investors accounted for about 32 % of the total anchor book, while domestic institutions made up the remaining 68 %.

Earlier this month, on February 6, 2026, Clean Max also raised ₹1,500 crore through a pre-IPO placement with investors such as Temasek Holdings, Bain Capital, Steinberg India Emerging Opportunities Fund, Steadview Capital and several prominent family offices. The total IPO comprises a fresh issue of ₹1,200 crore and an offer-for-sale of ₹1,900 crore, taking the total issue size to ₹3,100 crore.

Clean Max Enviro Energy Solutions is one of India’s leading providers of renewable energy solutions, focusing on net-zero and decarbonisation services for commercial and industrial clients. The company’s operational capacity and long-term contracted projects support its position in the growing clean energy market as it prepares for its public listing.