About Clean Max Balam Private Limited
Data last updated:
Clean Max Balam 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 clean energy solutions segment of the environmental services sector. It was incorporated on 23 September 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2022PTC391008. Its GSTIN is 27AAKCC6140J1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹5.37 Lakh. It is led by directors including Piyush Khullar and Archana Mehta.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 13A Floor – 13 Plot 400 The Peregrine Apt Swatantrya Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹47.8 Lakh (net margin -8.1%) and EBITDA of ₹4.88 Cr (EBITDA margin 83%).
As per MCA filings, the company has open charges of ₹35.89 Cr and satisfied charges of ₹32.94 Cr on record. Court records list 2 cases involving the company; 2 cases are pending.
For more details, the company can be reached via its website cleanmax.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address13A Floor – 13 Plot 400 The Peregrine Apt Swatantrya Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryEnvironment, Clean Energy Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Clean Max Balam Private Limited
The main business activity of Clean Max Balam is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Clean Max Balam Private Limited FY 2025 filings available
Clean Max Balam Private Limited reported revenue of ₹5.88 Cr (up 6291% YoY) for FY 2025.
Financial Statement Summary of Clean Max Balam Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹4.88 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹47.8 Lakh | •••• | •••• |
| 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 Balam Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 83% | •••• | •••• |
| Net Profit Margin | -8.1% | •••• | •••• |
| 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 Balam are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Clean Max Balam Private Limited
Clean Max Balam has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Khullar Also directs: Clean Max Dos Private Limited, Clean Max Uranus Private Limited, Clean Max Uno Private Limited and 5 more | Director | 27 Jun 2025 | 1 Years 3 Months | Current |
| Archana Mehta Also directs: Clean Max Uno Private Limited, Clean Max Sierra Private Limited, Clean Max Iguazu Private Limited and 5 more | Director | 27 Jun 2025 | 1 Years 3 Months | Current |
| Chinnappa Manjunatha Also directs: Clean Max Saura Private Limited, Jagalur Green Energy Power Supply Private Limited, Clean Max Bloom Private Limited and 5 more | Director | 27 Jun 2025 | 1 Years 3 Months | Current |
Peer Comparison of Clean Max Balam Private Limited
Clean Max Balam Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power, Wind 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 |
|---|---|---|---|---|---|---|
| Kavit Green Energy Private Limited | ₹5.92 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Balaton Solar Private Limited | ₹5.9 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Kgepl Engineering Solutions Private Limited | ₹5.9 Cr (FY 2022) | •••• | •••• | -82.0% | •••• | Pune, Maharashtra, India |
| Ardeec Engineering (Saurashtra) Pvt Ltd | ₹5.89 Cr (FY 2023) | •••• | •••• | 26.0% | •••• | Surendranagar, Gujarat, India |
| RC Green Powers Private Limited | ₹5.89 Cr (FY 2025) | •••• | •••• | 610241.0% | •••• | Kangayam, Tamil Nadu, India |
| Clean Max Balam Private Limited this company | ₹5.88 Cr (FY 2025) | •••• | •••• | 6291.0% | •••• | Mumbai, Maharashtra, India |
| Happy Solar Private Limited | ₹5.88 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | Gandhinagar, Gujarat, India |
| Agrawal Solar Power (Up) Private Limited | ₹5.87 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Margao, Goa, India |
| Noesis Ventures Private Limited | ₹5.85 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Go Green Solar Private Limited | ₹5.85 Cr (FY 2020) | •••• | •••• | -50.0% | •••• | Kochi, Kerala, India |
| Whiteshark Energy Private Limited | ₹5.85 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Bhubaneshwar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Clean Max Balam by revenue in the Cleantech industry (Solar Power, Wind 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 Balam Private Limited
Clean Max Balam Private Limited is audited by Dipesh Ruparelia & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dipesh Ruparelia & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Clean Max Balam Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Clean Max Balam Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2025 | Idbi Trusteeship Services Limited | ₹35.89 Cr | Open |
| 27 Sep 2023 | Idbi Trusteeship Services Limited | ₹32.94 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Clean Max Balam Private Limited
Clean Max Balam Private Limited has 2 court cases on record: 2 where it is another party. All cases are pending. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CCC) | Company is another party | Pending |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Clean Max Balam Private Limited
Clean Max Balam Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Clean Max Balam Private Limited
Clean Max Balam Private Limited has 8 board changes on record since 2025: 3 appointments and 5 cessations. The latest: Deep Rajendra Shah ceased to be Director on 04 Aug 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Clean Max Balam Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Clean Max Balam Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Clean Max Balam Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Clean Max Balam Private Limited
Clean Max Balam has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCC6140J1ZI | Maharashtra | Active | 02 Feb 2023 |
| 29AAKCC6140J1ZE | Karnataka | Active | 27 Jul 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Clean Max Balam Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Clean Max Balam Private Limited
Frequently Asked Questions about Clean Max Balam Private Limited
Clean Max Balam is an active private limited company based in Mumbai, Maharashtra, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 23 September 2022 (4+ years old) and is registered under CIN U40106MH2022PTC391008.
Clean Max Balam reported revenue of ₹5.88 Cr for FY 2025 (up 6291% YoY).
Clean Max Balam has 3 current directors:
- Piyush Khullar - Director
- Archana Mehta - Director
- Chinnappa Manjunatha - Director
Clean Max Balam reported a net loss of ₹47.8 Lakh (net margin -8.1%) and EBITDA of ₹4.88 Cr (EBITDA margin 83%) for FY 2025, as per its filed financial statements.
The GSTIN of Clean Max Balam is 27AAKCC6140J1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAKCC6140J1ZE (Karnataka).
The CIN (Corporate Identification Number) of Clean Max Balam is U40106MH2022PTC391008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Max Balam has 2 court cases on record. 2 are pending.
Clean Max Balam was incorporated on 23 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Clean Max Balam by revenue are Kavit Green Energy Private Limited, Balaton Solar Private Limited, Kgepl Engineering Solutions Private Limited, Ardeec Engineering (Saurashtra) Pvt Ltd, RC Green Powers Private Limited and 5 more, all in the Cleantech industry (Solar Power, Wind Power).
Deep Rajendra Shah ceased to be Director on 04 Aug 2025. Viren Mahesh Shah ceased to be Director on 04 Aug 2025. Archana Mehta ceased to be Additional Director on 13 Jul 2025. Clean Max Balam has 8 board changes on record in total.
Clean Max Balam can be reached through the website cleanmax.com. Its registered office is in Mumbai, Maharashtra, India.