Clean Max Enviro IPO Subscription
ListedUpdated 2 March 2026, 9:15 AM IST· Mainboard
Clean Max Enviro IPO subscription closed on 25 February 2026 at 0.99x overall by shares. QIB demand came in at 2.99x, NII at 0.57x, and retail at 0.07x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 26 February 2026. Listing date on NSE and BSE is 2 March 2026.
Clean Max Enviro IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Feb 2026 | 1.09x | 0.21x | 0.02x | 0.36x |
| Day 2 - 24 Feb 2026 | 1.27x | 0.44x | 0.04x | 0.47x |
| Day 3 - 25 Feb 2026 | 1.42x | 0.55x | 0.05x | 0.54x |
Clean Max Enviro IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Clean Max Enviro IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 0.05x | Very high |
| SHNI (Rs 2L to Rs 10L) | 0.05x | Very high |
| BHNI (above Rs 10L) | 0.01x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Clean Max Enviro IPO Allotment Status page from 26 February 2026 for your result.
Clean Max Enviro IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 1,053.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 612.43 Cr | Rs 1,829.56 Cr | 2.99x |
| FII | - | Rs 926.60 Cr | - |
| DFI | - | Rs 626.00 Cr | - |
| Mutual Funds | - | Rs 29.93 Cr | - |
| Other | - | Rs 247.04 Cr | - |
| NII | Rs 460.03 Cr | Rs 260.74 Cr | 0.57x |
| bNII (above Rs 10L) | Rs 306.69 Cr | Rs 250.22 Cr | 0.82x |
| Corporate | - | Rs 182.51 Cr | - |
| Individual | - | Rs 64.31 Cr | - |
| Other | - | Rs 3.40 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 153.34 Cr | Rs 10.51 Cr | 0.07x |
| Corporate | - | - | - |
| Individual | - | Rs 10.33 Cr | - |
| Other | - | Rs 18.72 L | - |
| Retail | Rs 1,073.40 Cr | Rs 72.01 Cr | 0.07x |
| Cut-off price | - | Rs 59.67 Cr | - |
| Fixed price | - | Rs 12.34 Cr | - |
| Employee | Rs 33.15 Cr | Rs 3.70 Cr | 0.11x |
| Cut-off price | - | Rs 2.67 Cr | - |
| Fixed price | - | Rs 1.03 Cr | - |
| Total | Rs 2,179.00 Cr | Rs 2,166.01 Cr | 0.99x |
Clean Max Enviro IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 58,16,014 | 39 | 0.00x |
| FII | - | 18 | - |
| DFI | - | 7 | - |
| Mutual Funds | - | 5 | - |
| Other | - | 9 | - |
| NII | 22,289 | 568 | 0.03x |
| bNII (above Rs 10L) | 14,859 | 169 | 0.01x |
| Corporate | - | 12 | - |
| Individual | - | 153 | - |
| Other | - | 4 | - |
| sNII (Rs 2L to Rs 10L) | 7,430 | 399 | 0.05x |
| Corporate | - | - | - |
| Individual | - | 390 | - |
| Other | - | 9 | - |
| Retail | 7,28,122 | 35,405 | 0.05x |
| Cut-off price | - | 29,692 | - |
| Fixed price | - | 5,713 | - |
| Employee | 22,485 | 1,047 | 0.05x |
| Cut-off price | - | 863 | - |
| Fixed price | - | 184 | - |
| Total | 65,88,910 | 37,059 | 0.01x |
What Do These Subscription Numbers Mean?
0.99x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 2.99x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.03x by applications). Split: SHNI 0.05x, BHNI 0.01x by applications. SHNI and BHNI allotment is by lottery.
null Retail allotment is also by lottery.
Clean Max Enviro IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 February 2026 |
| IPO Close Date | 25 February 2026 |
| Allotment Date | 26 February 2026 |
| Refund Initiation | 27 February 2026 |
| Share Credit to Demat | 27 February 2026 |
| Listing Date | 2 March 2026 |
| Minimum Investment | Rs 14,742.00 |
| Lot Size | 14 shares |
About Clean Max Enviro IPO
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Clean Max Enviro IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Clean Max Enviro IPO Details
Issue size, price, financials, and company info
Clean Max Enviro IPO GMP
Live grey market premium and listing estimate
Clean Max Enviro IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Clean Max Enviro IPO Allotment
Allotment date, chances, and check by PAN
Clean Max Enviro IPO Review
SWOT, strengths, risks, and IPO review
Clean Max Enviro IPO FAQ
Common questions on dates, GMP, and allotment
Clean Max Enviro IPO Registrar
Registrar website and how to check allotment
Clean Max Enviro IPO Timeline
Open, close, allotment, and listing dates
Clean Max Enviro IPO News
Updates, blogs, and latest IPO news
Clean Max Enviro IPO Subscription FAQs
What is Clean Max Enviro IPO subscription status today?
Clean Max Enviro IPO subscription closed on 25 February 2026 with overall subscription of 0.99x (by shares) as of 25 August 2026, 7:32 PM IST. QIB 2.99x, NII 0.03x, Retail 0.05x.
What is the overall subscription of Clean Max Enviro IPO?
Clean Max Enviro IPO is subscribed 0.99x overall by shares at close on 25 February 2026. QIB 2.99x, NII 0.03x, and Retail 0.05x.
What is Clean Max Enviro IPO QIB subscription?
Clean Max Enviro IPO QIB (Qualified Institutional Buyers) subscription is 2.99x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Clean Max Enviro IPO Retail subscription?
Clean Max Enviro IPO Retail subscription is 0.05x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Clean Max Enviro IPO NII, SHNI, and BHNI subscription?
Clean Max Enviro IPO NII subscription is 0.03x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.05x and BHNI (above Rs 10L) at 0.01x.
What are Clean Max Enviro IPO retail allotment chances?
Clean Max Enviro IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Clean Max Enviro IPO SHNI allotment chances?
Clean Max Enviro IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Clean Max Enviro IPO BHNI allotment chances?
Clean Max Enviro IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Clean Max Enviro IPO allotment date?
Clean Max Enviro IPO allotment date is 26 February 2026. Check Clean Max Enviro IPO Allotment Status on IPOwiz from that day using your PAN.
When does Clean Max Enviro IPO subscription close?
Clean Max Enviro IPO subscription closed on 25 February 2026. No new applications are accepted after the close.
What is Clean Max Enviro IPO GMP today?
Clean Max Enviro IPO GMP is ₹-35 today (-3.32% over issue price ₹1,053). See live GMP on the Clean Max Enviro IPO GMP Today page.
What is Clean Max Enviro IPO issue price and lot size?
Clean Max Enviro IPO issue price is ₹1,053 per share. Lot size is 14 shares. Minimum investment is ₹14,742 per lot. Issue size: ₹3,100.00 Cr.
When is Clean Max Enviro IPO listing date?
Clean Max Enviro IPO listing date is 2 March 2026 on NSE and BSE. Allotment is on 26 February 2026.
How does subscription affect Clean Max Enviro IPO allotment?
In Clean Max Enviro IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 0.99x overall, competition is moderate.
For allotment results from 26 February 2026, visit the Clean Max Enviro IPO Allotment Status page. For listing day updates on 2 March 2026, download the IPOwiz App.
Sources
We match Clean Max Enviro IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.