New Delhi, Aug. 18 -- Clean Max Enviro Energy Solutions Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO).

Clean Max Enviro Energy Solutions is launching an IPO with a face value of Re 1, which consists of a fresh issue of shares amounting to Rs.1,500 crore and an offer-for-sale of up to Rs.3,700 crore by promoters and selling shareholders.

In the offer for sale, shareholders are selling amounts including Rs.321.37 crore by Kuldeep Pratap Jain, Rs.1,970.83 crore by BGTF One Holdings (DIFC) Limited, Rs.225.61 crore by KEMPINC LLP, Rs.991.94 crore by Augment India I Holdings, LLC, and Rs.190.25 crore by DSDG Holdi...