CleanMax Enviro Launches Rs 3,100 Crore IPO to Fuel C&I Renewable Expansion
Clean Max Enviro Energy Solutions has opened its Rs 3,100 crore initial public offering, marking a significant milestone for India’s commercial and industrial renewable energy sector. The issue, priced between Rs 1,000 and Rs 1,053 per share, primarily aims to deleverage the company’s balance sheet and support its long-term corporate power purchase agreements.