Clean Max Enviro Energy Solutions IPO: Key risks you should know before subscribing

The initial public offering (IPO) of Brookfield-backed Clean Max Enviro Energy Solutions is scheduled for Monday, February 23 and will close on Wednesday, February 25. The price band for the issue has been fixed in the range of ₹1,000 to ₹1,053.

The ₹3,100 crore IPO consists of a fresh issue of equity shares aggregating ₹1,200 crore, along with an offer-for-sale (OFS) worth ₹1,900 crore. The overall issue size has been scaled down from the earlier proposed ₹5,200 crore, as outlined in the preliminary documents filed in August last year.

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