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Clean Max & NephroPlus to Raise ₹5,553 Cr in Dual IPOs
Clean Max and NephroPlus jointly plan IPOs worth ₹5,553 cr as SEBI grants approval, blending green energy and health capital raising.
Clean Max Enviro Energy Solutions and Nephrocare Health Services (NephroPlus) have both received SEBI’s go-ahead for their IPOs, together targeting a fund raise of ₹5,553 crore. Clean Max aims to mobilise ₹1,500 crore via fresh equity and offload ₹3,700 crore via OFS, while NephroPlus plans a fresh issue of ₹353.4 crore.
The dual listing roadshow marks a rare pairing of a renewable energy and healthcare company tapping public markets simultaneously.