CleanMax secures Rs 9.21 billion from anchor investors ahead of its IPO

CleanMax has secured Rs 9.21 billion from anchor investors ahead of its IPO, which opened on February 23, 2026. The company notified the bourses that it allotted 8,746,437 equity shares at Rs 1,053 per share to anchor investors on February 20, 2026. The anchor round witnessed participation from both foreign and domestic institutions. These included Temasek Holdings, SBI Life, Nomura Asset Management, HDFC Mutual Fund, ADIA, Franklin Templeton Mutual Fund, Eastspring, SBI General, Premji Invest, 360 One Mutual Fund, the Trust Group, BNP, and the Tata Investment Corporation. Furthermore, out of the total allocation of 8,746,437 equity shares allotted to anchor investors, 1,899,380 equity shares were allocated to six domestic mutual funds through 14 schemes. This represented 21.7 per cent of the total allocation to anchor investors. Additionally, 1,486,268 equity shares, representing 17 per cent of the total allocation to anchor investors, were allotted to four life insurance companies.