CleanMax Enviro Energy Solutions is set to hit the markets with a ₹3,100 crore IPO — and Founder & Managing Director Kuldeep Jain breaks down the company’s growth story, profitability, and future roadmap.
The Mumbai-based renewable energy platform, backed by Brookfield Corporation, has fixed a price band of ₹1,000–₹1,053 per share, valuing the company at over ₹12,300 crore at the upper end. The IPO opens on February 23 and closes on February 25.
Founded in 2011 with the vision to become a net-zero partner for corporates, CleanMax today operates across solar and wind (70:30 mix), serving global tech giants, data centers, and Indian manufacturing companies.
As India’s corporate green energy adoption accelerates, CleanMax is positioning itself at the intersection of sustainability, AI infrastructure, and long-term contracted renewable energy.
Watch the full interview to understand the company’s strategy, margins, competitive positioning, and why CleanMax believes it is well poised for the next phase of growth.
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