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CleanMax Enviro secures SEBI clearance for ₹5,200 crore IPO to fuel renewable growth

CleanMax Enviro clears SEBI for a ₹5,200 crore IPO aimed at debt reduction and expansion in the commercial renewable-energy sector.
The CleanMax Enviro Energy Solutions, a renewable-energy services provider for commercial and industrial clients, has received approval from SEBI to launch an IPO worth ₹5,200 crore. The company plans to use funds primarily for debt reduction and scaling its decarbonisation business across India and international markets. The move reflects rising investor appetite for clean-energy firms in India’s push to reach net-zero targets. :contentReference