CleanMax raises Rs 2,500 Cr via India first green bond for C and I renewable sector

Fund Raising View source PDF Explain this filing

CLEANMAX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹1365.00

prior close

₹1372.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+0.1% vs market

Power Generation peers, median of 28sector-0.5%+1.6% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 1.6 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

+0.5

15m

+1.6

30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+1.0+0.1-0.5+1.6

Next day

-3.2+0.8-3.9-0.1-3.0

-4.8-0.5-4.3-2.0-2.8

-4.3-0.5-3.8-1.9-2.4

+1.9+0.8+1.1-1.5+3.4

+1.6+0.5+1.1-2.0+3.6

-2.8-2.0-0.8-3.3+0.5

15d

-12.3-6.4-5.9-8.8-3.5

-7.3-5.9-1.4-6.0-1.3

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UpDownMarket · Nifty Microcap 250Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CleanMax raised Rs 2,500 crore through green NCDs on private placement, India first green bond in the C and I renewable sector. Five series with 2 to 10 year maturities, coupons 8.25 percent to 8.76 percent fixed rate. CRISIL AA and Stable rating. Marquee investors include IFC, NABFID, IIFCL, Aditya Birla Capital, IDFC First Bank, and Nippon India Mutual Fund. Secured with lock-box mechanism for solar, wind, hybrid, and battery storage projects.

Likely market impact

Locks in long-term fixed-rate funding, broadens institutional investor base, and reduces dependence on project-level debt, signaling strong fundamentals.