Clean Max Enviro Energy Solutions has raised ₹921 crore from anchor investors as it prepares for its upcoming initial public offering (IPO), which opens for public subscription from 23–25 February 2026.
According to a regulatory filing, the company allocated 87,46,437 equity shares at ₹1,053 per share to anchor investors on 20 February 2026, reflecting strong institutional demand ahead of the IPO.
A mix of domestic and global institutional investors participated in the anchor round. Major investors included Temasek Holdings, SBI Life Insurance, 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. Domestic institutions accounted for 68% of the anchor book, while foreign investors made up the remaining 32%.
Earlier this month, the company also raised ₹1,500 crore in a pre-IPO placement from a group of investors that included Temasek Holdings, Bain Capital, 360 One, Steinberg India Emerging Opportunities Fund, Steadview Capital, and several prominent family offices.
The IPO consists of a fresh issue of up to ₹1,200 crore and an offer-for-sale (OFS) of up to ₹1,900 crore, taking the total issue size to ₹3,100 crore at the upper end of the price band. Investors can bid for a minimum of 14 shares and multiples thereof.
The strong anchor investor response highlights confidence in Clean Max Enviro’s business model and growth prospects as the company continues to expand in India’s commercial and industrial renewable energy segment.
