Brookfield-backed Clean Max plans ₹5,200 crore IPO in November

Brookfield-backed Clean Max Enviro Energy Solutions Ltd. is planning to launch its ₹5,200 crore initial public offering as early as November, according to people familiar with the matter. The commercial and industrial renewable energy provider has started investor roadshows and aims to begin the share sale next month after getting regulatory approvals, the people said, asking not to be identified as the information is private. The IPO will comprise as much as ₹1,500 crore of new shares and a secondary offer ...