MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0133771
Clean Max Kratos Private Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹53.32 Cr
▲ 43% YoY
Net loss · FY 2025
₹4.75 Cr
Net margin -8.9%
EBITDA · FY 2025
₹43.87 Cr
EBITDA margin 82.3%
Authorised capital
₹1.18 Cr
Registered with MCA
Paid-up capital
₹44.02 Lakh
Issued & subscribed
Open charges
₹345.2 Cr
Satisfied ₹312 Cr
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
About Clean Max Kratos Private Limited
Data last updated:
Clean Max Kratos 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 power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 28 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2021PTC364757. Its GSTIN is 24AAJCC6574H1ZG (Gujarat).
The company has an authorised share capital of ₹1.18 Cr and a paid-up capital of ₹44.02 Lakh. It is led by directors including Nikunj Gopal Ghodawat and Pramod Madhavrao Deore.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 13/A Peregrine Apt400 Veer Savarkar Marg Siddhi Vinayak Temple Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.32 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹4.75 Cr (net margin -8.9%) and EBITDA of ₹43.87 Cr (EBITDA margin 82.3%).
As per MCA filings, the company has open charges of ₹345.2 Cr and satisfied charges of ₹312 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2022. Its 6 peer companies in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 5 smaller; the largest is Azure Photovoltaic Private Limited with revenue of ₹53.36 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier.
Clean Max Kratos Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0133771). For more details, the company can be reached via its website cleanmax.com.
Company details
CIN U40106MH2021PTC364757
Registration Number 364757
Incorporation Date 28 July 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Clean Max Enviro Energy Solutions Private Limited
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0133771
Key People
Nikunj Gopal Ghodawat Director Pramod Madhavrao Deore Director Gunwant Kumar Bhatera Director Recognitions & Rankings of Clean Max Kratos
Contact details
Clean Max Kratos Private Limited's registered office is in Mumbai, Maharashtra. Its website is cleanmax.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address13/A Peregrine Apt400 Veer Savarkar Marg Siddhi Vinayak Temple Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Clean Max Kratos Private Limited, buy the company report.
Comprehensive company report
Clean Max Kratos Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Clean Max Kratos is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Clean Max Kratos Private Limited, buy the company report.
Financials of Clean Max Kratos Private Limited
FY 2025 filings availableClean Max Kratos Private Limited reported revenue of ₹53.32 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹53.32 Cr ▲ 43%
Net loss · FY 2025
₹4.75 Cr margin -8.9%
EBITDA · FY 2025
₹43.87 Cr margin 82.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
EBITDA CAGR growth
1 year
▲ 48%
Revenue rose 43% in the latest year. EBITDA rose 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹43.87 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.75 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 82.3% | |||
| Net Profit Margin | -8.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Clean Max Kratos Private Limited, buy the company report.
Board of directors of Clean Max Kratos Private Limited
Clean Max Kratos has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Gopal Ghodawat Also directs: Clean Max Vayu Private Limited, Clean Max Scorpius Private Limited, Clean Max Venus Power LLP and 5 more | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
| Pramod Madhavrao Deore Also directs: Clean Max Zeus Private Limited, Clean Max Vent Power Private Limited, Clean Max Maximus Private Limited and 5 more | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
| Gunwant Kumar Bhatera | Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Ashok Kumar Also directs: Clean Max Eliora Private Limited, Clean Max Rudra Private Limited, Clean Max Theia Private Limited and 5 more | Director | 12 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Clean Max Kratos Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Azure Photovoltaic Private Limited | ₹53.36 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Clean Max Kratos Private Limitedthis company | ₹53.32 Cr (FY 2025) | -₹4.75 Cr | -8.9% | 43.0% | Mumbai, Maharashtra, India | |
| Athena Bhiwadi Solar Power Private Limited | ₹53.19 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| U R Energy (India) Private Limited | ₹53.19 Cr (FY 2024) | -40.0% | Ahmedabad, Gujarat, India | |||
| Athena Karnal Solar Power Private Limited | ₹53.18 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Adani Solar Energy Jodhpur Two Limited | ₹53.16 Cr (FY 2025) | -12.0% | Ahmedabad, Gujarat, India | |||
| Renew Wind Energy (MP Two) Private Limited | ₹52.49 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Clean Max Kratos Private Limited, buy the company report.
Auditor
Clean Max Kratos Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W / W-100018 |
Shareholding
The shareholding of Clean Max Kratos Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Clean Max Kratos Private Limited, buy the company report.
Charges & borrowings
Open charges
₹345.2 Cr
Satisfied charges
₹312 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2023 | 100850254 | Others | ₹345.2 Cr | Open | |
| 23 Sep 2022 | 100618962 | Others | ₹312 Cr | Satisfied |
To see the full charge records of Clean Max Kratos Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Clean Max Kratos Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2022.
Total deals
4
Secondary share transfers
3
Rights issue
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Rights issue | ₹152.3 Cr | Investors: Clean Max Enviro Energy Solutions Limited , Upl Limited |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Upl Limited Seller: Clean Max Enviro Energy Solutions Limited |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Clean Max Enviro Energy Solutions Limited Seller: Arvind Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Arvind Limited Seller: Clean Max Enviro Energy Solutions Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clean Max Kratos Private Limited has 1 court case on record: 1 filed by Clean Max Kratos. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Pending |
To see the full case history of Clean Max Kratos Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Clean Max Kratos Private Limited was last rated by Care on 01 Dec 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Dec 2022 |
To see the full credit ratings and regulatory alerts of Clean Max Kratos Private Limited, buy the company report.
MSME payment delays
Clean Max Kratos Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment 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 |
To see the full MSME payment records of Clean Max Kratos Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Clean Max Kratos Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Clean Max Kratos has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCC6574H1ZG | Gujarat | Active | 18 May 2022 |
To see the full GST registrations and return filing status of Clean Max Kratos Private Limited, buy the company report.
Recent activity
Clean Max Kratos Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Ashok Kumar was appointed as Director on 12 Jun 2025.
AGM
Clean Max Kratos Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Appointed
Ashok Kumar was appointed as Director.
Appointed
Gunwant Kumar Bhatera was appointed as Director.
Filing
Clean Max Kratos Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 345.20 Cr registered on 27 Dec 2023 with Charge ID 100850254 was modified on 15 Oct 2024.
Charges
A charge registered on 23 Sep 2022 via Charge ID 100618962 with Others was fully satisfied on 24 Jan 2024.
Charges
A charge with Others amounted to Rs. 345.20 Cr with Charge ID 100850254 was registered on 27 Dec 2023.
Charges
A charge with Others of Rs. 312.00 Cr registered on 23 Sep 2022 with Charge ID 100618962 was modified on 28 Aug 2023.
Charges
A charge with Others amounted to Rs. 312.00 Cr with Charge ID 100618962 was registered on 23 Sep 2022.
Appointed
Nikunj Gopal Ghodawat was appointed as Director.
Appointed
Pramod Madhavrao Deore was appointed as Director.
Incorporation
28 Jul 2021
Clean Max Kratos Private Limited was registered on 28 Jul 2021 with Roc Mumbai & aged 5 years 3 months as per MCA records.
News
Frequently asked questions
Clean Max Kratos is an active private limited company based in Mumbai, Maharashtra, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 28 July 2021 (5+ years old) and is registered under CIN U40106MH2021PTC364757.
Clean Max Kratos has 4 current directors:
- Nikunj Gopal Ghodawat - Director
- Pramod Madhavrao Deore - Director
- Gunwant Kumar Bhatera - Director
- Ashok Kumar - Director
The latest financial statements of Clean Max Kratos on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Clean Max Kratos is 24AAJCC6574H1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Clean Max Kratos is U40106MH2021PTC364757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Max Kratos has 1 court case on record: 1 filed by the company. 1 is pending.
Clean Max Kratos was incorporated on 28 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Clean Max Kratos has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in September 2022.
The peers of Clean Max Kratos by revenue are Azure Photovoltaic Private Limited, Athena Bhiwadi Solar Power Private Limited, U R Energy (India) Private Limited, Athena Karnal Solar Power Private Limited, Adani Solar Energy Jodhpur Two Limited and 1 more, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Ashok Kumar was appointed as Director on 12 Jun 2025. Gunwant Kumar Bhatera was appointed as Director on 12 Jun 2025. Nikunj Gopal Ghodawat was appointed as Director on 28 Jul 2021. Clean Max Kratos has 4 board changes on record in total.
Yes, Clean Max Kratos is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0133771).
Clean Max Kratos has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 Oct 2023.