Hurun India Rich List 2026 edition · 1 director
- #655 Kuldeep Jain & family ₹4,900 Cr
Revenue · FY 2025
₹17.05 Cr
▲ 4% YoY
Net profit · FY 2025
₹1.95 Cr
Net margin 11.5%
EBITDA · FY 2025
₹15.32 Cr
EBITDA margin 89.8%
Authorised capital
₹19 Lakh
Registered with MCA
Paid-up capital
₹15.84 Lakh
Issued & subscribed
Open charges
₹225.17 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Clean Max Aditya Power Private Limited
Data last updated:
Clean Max Aditya Power Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Clean Max Enviro Energy Solutions Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 29 May 2020 and has been in existence for over 6 years.
Its director Kuldeep Jain and family are #655 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2020PTC340093. Its GSTIN is 27AAICC7299L1ZU (Maharashtra).
The company has an authorised share capital of ₹19 Lakh and a paid-up capital of ₹15.84 Lakh. It is led by directors including Kuldeep Jain and Rishab Kirat Turakhia.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 13 A Floor – 13 Plot – 400 The Peregrine Apartment Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.05 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.95 Cr (net margin 11.5%) and EBITDA of ₹15.32 Cr (EBITDA margin 89.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
As per MCA filings, the company has open charges of ₹225.17 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cleanmax.com.
Company Details of Clean Max Aditya Power Private Limited
CIN U40106MH2020PTC340093
Registration Number 340093
Incorporation Date 29 May 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Clean Max Enviro Energy Solutions Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Clean Max Aditya Power
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address13 A Floor – 13 Plot – 400 The Peregrine Apartment Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryEnvironment, Solar Energy Solutions
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Business Activity of Clean Max Aditya Power Private Limited
The main business activity of Clean Max Aditya Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Clean Max Aditya Power Private Limited FY 2025 filings available
Clean Max Aditya Power Private Limited reported revenue of ₹17.05 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹17.05 Cr ▲ 4%
Net profit · FY 2025
₹1.95 Cr margin 11.5%
EBITDA · FY 2025
₹15.32 Cr margin 89.8%
Compounded Annual Growth Rate (CAGR) of Clean Max Aditya Power Private Limited
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 4% growth in the latest year. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Clean Max Aditya Power Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.95 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Clean Max Aditya Power Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Clean Max Aditya Power are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Clean Max Aditya Power Private Limited
Clean Max Aditya Power has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuldeep Jain Also directs: KPJ Renewable Power Projects LLP, Kas On Site Power Solutions LLP, Het Energy Technology LLP and 5 more | Director | 29 May 2020 | 6 Years 4 Months | Current |
| Rishab Kirat Turakhia Also directs: Clean Max Solaris Private Limited, Clean Max Yamuna Private Limited, Clean Max Alps Private Limited and 5 more | Director | 06 Aug 2025 | 1 Years 2 Months | Current |
| Pradeep Gopinathan Also directs: Clean Max Infinia Private Limited, Clean Max Boreal Private Limited, Clean Max Magnus Private Limited and 5 more | Director | 25 Jun 2025 | 1 Years 3 Months | Current |
Peer Comparison of Clean Max Aditya Power Private Limited
Clean Max Aditya Power Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Terralight Solar Energy Charanka Private Limited | ₹17.26 Cr (FY 2022) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Avaada Mhamravati Private Limited | ₹17.21 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Noida, Uttar Pradesh, India |
| Sri Power Generation (India) Private Limited | ₹17.18 Cr (FY 2020) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Rudra Solarfarms Private Limited | ₹17.11 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| FP Orion Private Limited | ₹17.06 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Clean Max Aditya Power Private Limited this company | ₹17.05 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Auro Power Systems Private Limited | ₹17.04 Cr (FY 2017) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Thukkapur Solar Private Limited | ₹17.02 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Gurgaon, Haryana, India |
| Edison Energy India Private Limited | ₹17.01 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Renew Narwana Power Private Limited | ₹17 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Gurugram, Haryana, India |
| Renew Green (MPR Three) Private Limited | ₹16.95 Cr (FY 2025) | •••• | •••• | 736852.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Clean Max Aditya Power by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Clean Max Aditya Power Private Limited
Clean Max Aditya Power Private Limited is audited by D. S .K. & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D. S .K. & Associates | Locked | Locked | Locked |
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Ownership and Shareholding of Clean Max Aditya Power Private Limited
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Charges & Borrowings of Clean Max Aditya Power Private Limited
Open charges
₹225.17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Sep 2023 | Sbicap Trustee Company Limited | ₹120.72 Cr | Open |
| 22 Sep 2021 | Sbicap Trustee Company Limited | ₹104.45 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Clean Max Aditya Power Private Limited
Clean Max Aditya Power Private Limited has 4 MSME Form 1 returns on record between 2020 and 2023, listing 8 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| V Singhi & Associates | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Clean Max Aditya Power Private Limited
Clean Max Aditya Power Private Limited has a workforce of 0 employees as of Apr 03, 2024.
Active EPFO establishments
1
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Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Clean Max Aditya Power Private Limited
Clean Max Aditya Power Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Pramod Madhavrao Deore ceased to be Director on 06 Aug 2025.
AGM
Clean Max Aditya Power Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Ceased
Pramod Madhavrao Deore ceased to be Director.
Appointed
Rishab Kirat Turakhia was appointed as Director.
Appointed
Pradeep Gopinathan was appointed as Director.
Filing
Clean Max Aditya Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 12,072.00 Lakh with Charge ID 100783234 was registered on 13 Sep 2023.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 10,445.00 Lakh with Charge ID 100484223 was registered on 22 Sep 2021.
Appointed
Kuldeep Jain was appointed as Director.
Appointed
Pramod Madhavrao Deore was appointed as Director.
Incorporation
29 May 2020
Clean Max Aditya Power Private Limited was registered on 29 May 2020 with Roc Mumbai I & aged 6 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Clean Max Aditya Power Private Limited
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Subsidiaries & Group Companies of Clean Max Aditya Power Private Limited
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GST Compliance of Clean Max Aditya Power Private Limited
Clean Max Aditya Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC7299L1ZU | Maharashtra | Active | 13 Aug 2020 |
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MCA Filings & Documents of Clean Max Aditya Power Private Limited
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Related news about Clean Max Aditya Power Private Limited
Frequently Asked Questions about Clean Max Aditya Power Private Limited
Clean Max Aditya Power is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 29 May 2020 (6+ years old) and is registered under CIN U40106MH2020PTC340093.
Clean Max Aditya Power reported revenue of ₹17.05 Cr for FY 2025 (up 4% YoY).
Clean Max Aditya Power has 3 current directors:
- Kuldeep Jain - Director
- Rishab Kirat Turakhia - Director
- Pradeep Gopinathan - Director
Clean Max Aditya Power reported a net profit of ₹1.95 Cr (net margin 11.5%) and EBITDA of ₹15.32 Cr (EBITDA margin 89.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Clean Max Aditya Power is 35% over three years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Clean Max Aditya Power is 27AAICC7299L1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Clean Max Aditya Power is U40106MH2020PTC340093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Max Aditya Power was incorporated on 29 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Clean Max Aditya Power by revenue are Terralight Solar Energy Charanka Private Limited, Avaada Mhamravati Private Limited, Sri Power Generation (India) Private Limited, Rudra Solarfarms Private Limited, FP Orion Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Pramod Madhavrao Deore ceased to be Director on 06 Aug 2025. Rishab Kirat Turakhia was appointed as Director on 06 Aug 2025. Pradeep Gopinathan was appointed as Director on 25 Jun 2025. Clean Max Aditya Power has 5 board changes on record in total.
Clean Max Aditya Power has 4 MSME Form 1 returns on record between 2020 and 2023, listing 8 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
Clean Max Aditya Power can be reached through the website cleanmax.com. Its registered office is in Mumbai, Maharashtra, India.