Clean Max Enviro Energy Solutions Limited-DRHP Analysis
Client list – Clean Max’s clients are mainly large businesses and institutions that need clean power. This includes tech giants (Google, Apple, Cisco, Equinix), airports, auto & manufacturing firms, and chemical companies (BASF India). The company serves hundreds of corporates across many sectors. (6) Litigations against the company-Type of Matter Current Position Possible Effect SEBI AIF Compliance Issue Matter resolved after payment Forms part of past regulatory record Karnataka Electricity Regulatory Petition Legal proceedings still in progress Could create regulatory uncertainty Gujarat Connectivity Dispute Interim status quo ordered by authority May delay project operations Public Interest Litigation (Gujarat HC) Petition withdrawn and closed No active legal concern at present Criminal proceedings-So far, there is no publicly disclosed criminal case against the company that suggests criminal wrongdoing. However, investors should always: 🔒 Company Lock-in Period – Clean Max IPO In an IPO, lock-in period means certain shareholders (mainly promoters and anchor investors) cannot sell their shares for a specific time after listing. Here’s how it generally applies to Clean Max Enviro Energy Solutions Limited (as per SEBI IPO rules and RHP structure) : 🟢 1️⃣ Promoter Lock-in Period As per SEBI regulations: 👉 This ensures promoters remain committed after IPO. 🟡 2️⃣ Anchor Investor Lock-in 🔵 3️⃣ Pre-IPO Investors Lock-in Shares allotted before IPO (like private placement): 📌 Why Lock-in Matters ✔ Prevents immediate selling pressure✔ Builds investor confidence✔ Shows long-term commitment of promoters
