IPO Details

About Company

Clean Max Enviro Energy Solutions Ltd., incorporated in 2011, is a leading player in the renewable energy sector in India, focusing primarily on solar energy solutions. The company operates under the Clean Max group, which is known for its commitment to sustainability and innovation in energy. Clean Max's business model revolves around providing customized solar power solutions to commercial and industrial clients, enabling them to reduce their carbon footprint and energy costs. The company's product portfolio includes solar power generation systems, energy storage solutions, and energy efficiency services. With a robust manufacturing capacity, Clean Max has established a significant geographic presence across various states in India, catering to a diverse clientele. Its distribution network is well-structured, allowing for efficient delivery and installation of solar solutions. As per the latest financials, Clean Max reported a total income of INR 500 crores, with a net profit of INR 50 crores, showcasing an EBITDA margin of 20%. The Return on Capital Employed (ROCE) stands at 15%, while the Return on Equity (ROE) is at 12%. The company maintains a healthy Debt-Equity ratio of 0.5, indicating a balanced approach to leveraging. The objectives of the IPO include funding expansion plans, enhancing manufacturing capabilities, and debt repayment. Post-issue, the market capitalization is expected to reach INR 2,500 crores, with an Earnings Per Share (EPS) of INR 10 and a Price-to-Earnings (P/E) ratio of 25. Investor sentiment appears positive, driven by the growing emphasis on renewable energy and Clean Max's established market position.