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Clean Max Enviro Energy Solutions IPO logo

Clean Max Enviro Energy Solutions IPO Subscription History

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Subscription Status  ·  Feb 23 – Feb 25, 2026  ·  ₹1,000–1,053

The Clean Max Enviro Energy Solutions IPO subscription has recorded moderate investor demand with an overall subscription of 0.99× as of Feb 25, 2026, indicating that investors applied for 0.99 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

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  • QIB subscribed 2.99×, institutional investors have fully covered their reserved quota, reflecting measured confidence in the company's fundamentals.
  • HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 0.82× and Small NII (below ₹10 lakh) subscribed 0.07×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
  • Retail investors subscribed 0.07×, below 1×; all retail applicants are likely to receive full allotment if they applied.
QIB
2.99×
Qualified Institutional Buyers
NII
0.57×
Non-Institutional Investors
bNII
0.82×
Bids above ₹10L
sNII
0.07×
Bids below ₹10L
Retail
0.07×
Retail Individual Investors
Employees
0.11×
Employee Category
Total
0.99×
Partially Subscribed

Live Subscription Data

Last updated: Feb 25, 2026, 9:19 PM IST

Overall
0.99×
Category Shares Offered Shares Bid For Times Subscribed
QIB
Qualified Institutional Buyers
5,816,014 17,374,756
2.99×
NII
Non-Institutional Investors
4,368,735 2,476,152
0.57×
bNII
Bids above ₹10L
2,912,490 2,376,304
0.82×
sNII
Bids below ₹10L
1,456,245 99,848
0.07×
Retail
Retail Individual Investors
10,193,715 692,720
0.07×
Employees
Employee Category
314,795 34,804
0.11×
Total
20,693,259 20,578,432
0.99×
Partially Subscribed — 0.99× overall

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Mon, Feb 23, 2026
0.36×
Category Offered Bid For Times
QIB 5,816,014 6,343,526 1.09×
NII 4,368,735 921,046 0.21×
bNII 2,912,490 906,766 0.31×
sNII 1,456,245 14,280 0.01×
Retail 10,193,715 147,826 0.01×
Employees 314,795 5,880 0.02×
Total 20,693,259 7,418,278 0.36×
Tue, Feb 24, 2026
0.45×
Category Offered Bid For Times
QIB 5,816,014 7,411,880 1.27×
NII 4,368,735 1,531,894 0.35×
bNII 2,912,490 1,498,420 0.51×
sNII 1,456,245 33,474 0.02×
Retail 10,193,715 277,900 0.03×
Employees 314,795 12,894 0.04×
Total 20,693,259 9,234,568 0.45×
Wed, Feb 25, 2026
0.99×
Category Offered Bid For Times
QIB 5,816,014 17,374,756 2.99×
NII 4,368,735 2,476,152 0.57×
bNII 2,912,490 2,376,304 0.82×
sNII 1,456,245 99,848 0.07×
Retail 10,193,715 692,720 0.07×
Employees 314,795 34,804 0.11×
Total 20,693,259 20,578,432 0.99×

Frequently Asked Questions

What is the current subscription status of Clean Max Enviro Energy Solutions IPO?

As of February 25, 2026, the Clean Max Enviro Energy Solutions IPO has been subscribed 0.99 times overall. The IPO subscription is below 1×.

When was the Clean Max Enviro Energy Solutions IPO subscription window open?

The Clean Max Enviro Energy Solutions IPO subscription window was open from February 23, 2026 to February 25, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Clean Max Enviro Energy Solutions IPO?

The Clean Max Enviro Energy Solutions IPO has a price band of ₹1,000 to ₹1,053 per share, with a lot size of 14 shares. Minimum retail investment: ₹14,000 (lower band) or ₹14,742 (upper band).

What is the QIB subscription for Clean Max Enviro Energy Solutions IPO?

The QIB category has been subscribed 2.99 times. QIBs were offered 5,816,014 shares.

What is the Retail subscription for Clean Max Enviro Energy Solutions IPO?

Retail investors subscribed 0.07 times. Retail was offered 10,193,715 shares. Below 1× indicates moderate retail interest.

What is the NII subscription for Clean Max Enviro Energy Solutions IPO?

Overall NII: 0.57×. bNII (>₹10L): 0.82×, sNII (<₹10L): 0.07×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Clean Max Enviro Energy Solutions IPO allotment status?

Basis of allotment is on February 26, 2026. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Clean Max Enviro Energy Solutions IPO be listed?

Clean Max Enviro Energy Solutions IPO is expected to list on March 02, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 0.99× subscription mean for Clean Max Enviro Energy Solutions IPO?

A subscription multiple of 0.99× means investors have bid for 0.99 times the total shares available. The IPO is not yet fully subscribed, applicants have a higher probability of receiving full allotment.

What is the allotment probability for Clean Max Enviro Energy Solutions IPO retail investors?

Based on the current retail subscription of 0.07×, the estimated allotment probability for retail investors is High. Applicants likely to get full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.

How to apply for Clean Max Enviro Energy Solutions IPO?

You can apply for Clean Max Enviro Energy Solutions IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Feb 23 to Feb 25, 2026.

What is the grey market premium (GMP) for Clean Max Enviro Energy Solutions IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Clean Max Enviro Energy Solutions IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.

IPO Details

Open Date
Feb 23, 2026
Close Date
Feb 25, 2026
Allotment
Feb 26, 2026
Listing Date
Mar 02, 2026
Price Band
₹1,000 – ₹1,053
Lot Size
14 shares
Min. Investment
₹14,742
Exchange
NSE,BSE
Registrar
MUFG Intime India Pvt.Ltd
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Feb 23, 2026
  2. Subscription Closes Done

    Feb 25, 2026
  3. Basis of Allotment Done

    Feb 26, 2026
  4. Listing on NSE,BSE Done

    Mar 02, 2026

Allotment Probability

High

Applicants likely to get full allotment. Based on retail subscription of 0.07×.

Share Allocation

QIB 28.1%
NII 21.1%
Retail 49.3%
Total Shares 20,693,259

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.