Mumbai : Clean Max Enviro Energy Solutions Limited has garnered Rs. 921 crores from anchor investors ahead of its initial public offering that opens for public subscription on Monday, February 23, 2026. The company informed the bourses that it allocated 87,46,437 equity shares at Rs. 1,053 per share on Friday, February 20th, 2026, to anchor investors.

Foreign and domestic institutions who participated in the anchor were Temasek Holdings, SBI Life, Nomura Asset Management, HDFC Mutual Fund, ADIA, Franklin Templeton MF, Eastspring, SBI General, Premji Invest, 360 One Mutual Fund, Trust Group, BNP, Tata Investment Corp among others. Foreign institutional investors comprised 32% percent of the book and Domestic institutional investors comprised 68% of the book.

Out of the total allocation of 87,46,437 equity shares to anchor investors, 45,91,720 equity shares were allocated to Temasek Holdings, SBI Life, Nomura Asset Management, Eastspring, HDFC Mutual Fund, Franklin Templeton Mutual Fund, 360 One Mutual Fund, SBI General and ADIA amounting to Rs 483.51 crore (approx.) i.e. 52.5% of the Total anchor book size.

On February 6, 2026 CleanMax also raised a 1500 crore pre-IPO with investors including Temasek Holdings, Bain Capital, 360 One, Steinberg India Emerging Opportunities fund, Steadview capital, and several family offices, including those of the Dalmia group, Jaisinghani and Taparia families

Axis Capital Limited, J.P. Morgan India Private Limited, BNP Pariba, HSBC Securities and Capital Markets (India) Private Limited, IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), Nomura Financial Advisory and Securities (India) Private Limited, BOB Capital Markets Limited and SBI Capital Markets Limited are the book-running lead manager; and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar of the offer.