Comparison between Clean Max Enviro Energy Solutions IPO and Fractal Analytics IPO.
Clean Max Enviro Energy Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fractal Analytics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Clean Max Enviro Energy Solutions IPO is up to ₹3,079.88 Cr whereas the issue size of the Fractal Analytics IPO is up to ₹2,833.90 Cr. The final issue price of Clean Max Enviro Energy Solutions IPO is ₹1,053.00 per share and of Fractal Analytics IPO is ₹900.00 per share.
| Clean Max Enviro Energy Solutions IPO | Fractal Analytics IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹1 per share |
| Issue Price (Lower) | ₹1,000.00 per share | ₹857.00 per share |
| Issue Price (Upper) | ₹1,053.00 per share | ₹900.00 per share |
| Issue Price (Final) | ₹1,053.00 per share | ₹900.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹100.00 per share | ₹85.00 per share |
| Market Lot Size | 14 shares | 16 shares |
| Fresh Issue Size | 1,13,60,190 shares | 1,14,08,394 shares |
| Fresh Issue Size (Amount) | up to ₹1,196.16 Cr | up to ₹1,025.58 Cr |
| OFS Issue Size | 1,78,90,087 shares | 2,01,15,554 shares |
| OFS Issue Size (Amount) | up to ₹1,883.72 Cr | up to ₹1,808.32 Cr |
| Issue Size Total | 2,92,50,277 shares | 3,15,23,948 shares |
| Issue Size Total (Amount) | up to ₹3,079.88 Cr | up to ₹2,833.90 Cr |
Clean Max Enviro Energy Solutions IPO opens on Feb 23, 2026, while Fractal Analytics IPO opens on Feb 09, 2026. The closing date of Clean Max Enviro Energy Solutions IPO and Fractal Analytics IPO is Feb 25, 2026, and Feb 11, 2026, respectively.
| Clean Max Enviro Energy Solutions IPO | Fractal Analytics IPO | |
|---|---|---|
| Anchor Bid Date | Feb 20, 2026 | Feb 06, 2026 |
| Issue Open | Feb 23, 2026 | Feb 09, 2026 |
| Issue Close | Feb 25, 2026 | Feb 11, 2026 |
| Basis Of Allotment (Tentative) | Feb 26, 2026 | Feb 12, 2026 |
| Initiation of Refunds (Tentative) | Feb 26, 2026 | Feb 13, 2026 |
| Credit of Share (Tentative) | Feb 27, 2026 | Feb 13, 2026 |
| Listing date (Tentative) | Mar 02, 2026 | Feb 16, 2026 |
| Anchor Lockin End date 1 | Mar 27, 2026 | Mar 13, 2026 |
| Anchor Lockin End date 2 | May 26, 2026 | May 12, 2026 |
Clean Max Enviro Energy Solutions IPO P/E ratio is 634.34, as compared to Fractal Analytics IPO P/E ratio of 65.5.
| Clean Max Enviro Energy Solutions IPO | Fractal Analytics IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.89 | 18.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 49.08 | 16.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 634.34 | 65.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹12325.29 Cr. | ₹15473.60 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.84 | ₹13.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.09% | 12.6% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Clean Max Enviro Energy Solutions IPO Retail Individual Investors (RII) are offered 1,01,50,420 shares while in Fractal Analytics IPO retail investors are offered 1,01,50,420 shares. Qualified Institutional Buyers (QIB) are offered 57,54,161 shares in Clean Max Enviro Energy Solutions IPO and 92,46,334 shares in Fractal Analytics IPO.
| Clean Max Enviro Energy Solutions IPO | Fractal Analytics IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,46,437 shares | 1,38,69,499 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 57,54,161 shares | 92,46,334 shares |
| NII | 43,50,180 shares | 46,23,166 shares |
| RII | 1,01,50,420 shares | 30,82,110 shares |
| Employee | 3,14,795 shares | 7,36,196 shares |
| Others | ||
| Total | 2,93,15,993 shares | 3,15,57,305 shares |
Clean Max Enviro Energy Solutions IPO subscribed 0.99x in total, whereas Fractal Analytics IPO subscribed 2.81x.
| Clean Max Enviro Energy Solutions IPO | Fractal Analytics IPO | |
|---|---|---|
| QIB (times) | 2.99x | 4.41x |
| NII (times) | 0.57x | 1.11x |
| Big NII (times) | 0.82x | 1.24x |
| Small NII (times) | 0.07x | 0.86x |
| RII (times) | 0.07x | 1.10x |
| Employee (times) | 0.11x | 0.65x |
| Other (times) | ||
| Total (times) | 0.99x | 2.81x |
