Hurun India Rich List 2026 edition · 1 director
- #655 Kuldeep Jain & family ₹4,900 Cr
Revenue · FY 2025
₹24.83 Cr
▼ 11% YoY
Net profit · FY 2025
₹5.46 Cr
Net margin 22%
EBITDA · FY 2025
₹21.21 Cr
EBITDA margin 85.4%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹26.18 Lakh
Issued & subscribed
Open charges
₹100.28 Cr
Satisfied ₹200.28 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Clean Max Power Projects Private Limited
Data last updated:
Clean Max Power Projects 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 27 April 2011 and has been in existence for over 15 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 U93030MH2011PTC216775. Its GSTIN is 27AAECC5177D1ZQ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹26.18 Lakh. It is led by directors including Pratap Jain and Kuldeep Jain.
Its last annual general meeting (AGM) was held on 18 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 ₹24.83 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹5.46 Cr (net margin 22%) and EBITDA of ₹21.21 Cr (EBITDA margin 85.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹100.28 Cr and satisfied charges of ₹200.28 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in October 2017. Its 10 peer companies in the Cleantech industry (Power Projects, Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Gensol Utilities Private Limited with revenue of ₹25.39 Cr. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 1 micro and small supplier.
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 Power Projects Private Limited
CIN U93030MH2011PTC216775
Registration Number 216775
Incorporation Date 27 April 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 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 Power Projects
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 Power Projects Private Limited
The main business activity of Clean Max Power Projects 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.
- Turnover contribution
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Financials of Clean Max Power Projects Private Limited FY 2025 filings available
Clean Max Power Projects Private Limited reported revenue of ₹24.83 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹24.83 Cr ▼ 11%
Net profit · FY 2025
₹5.46 Cr margin 22%
EBITDA · FY 2025
₹21.21 Cr margin 85.4%
Compounded Annual Growth Rate (CAGR) of Clean Max Power Projects Private Limited
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 1%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 1%
5 years · compounded
▲ 1%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 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 Power Projects 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 | ₹21.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.46 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 Power Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22% | •••• | •••• | •••• | •••• |
| 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 Power Projects are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Clean Max Power Projects Private Limited
Clean Max Power Projects has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratap Jain Also directs: KPJ Renewable Power Projects LLP, Kas On Site Power Solutions LLP, Cleanmax Harsha Solar LLP and 2 more | Director | 27 Apr 2011 | 15 Years 5 Months | Current |
| Kuldeep Jain Also directs: KPJ Renewable Power Projects LLP, Kas On Site Power Solutions LLP, Clean Max Enviro Energy Solutions Limited and 5 more | Director | 27 Apr 2011 | 15 Years 5 Months | Current |
| Kumari Neha Also directs: Clean Max Serengeti Private Limited, Clean Max Bryce Private Limited, Clean Max Ekaiva Private Limited and 5 more | Director | 06 Aug 2025 | 1 Years 2 Months | Current |
Peer Comparison of Clean Max Power Projects Private Limited
Clean Max Power Projects Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Power Projects, 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 |
|---|---|---|---|---|---|---|
| Gensol Utilities Private Limited | ₹25.39 Cr (FY 2023) | •••• | •••• | 352.0% | •••• | Ahmedabad, Gujarat, India |
| Bhavnagar Energy Company Limited | ₹25.21 Cr (FY 2017) | •••• | •••• | •••• | Gandhinagar, Gujarat, India | |
| Radiance Ka Sunshine Five Private Limited | ₹25.07 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Renew Warangal Power Private Limited | ₹25 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Gurugram, Haryana, India |
| Acme Nalanda Solar Power Private Limited | ₹24.93 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurgaon, Haryana, India |
| Clean Max Power Projects Private Limited this company | ₹24.83 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Solveig Solar Private Limited | ₹24.73 Cr (FY 2024) | •••• | •••• | 1094.0% | •••• | Ahmedabad, Gujarat, India |
| Eden Renewable Ranji Private Limited | ₹24.73 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| RGSM Power Private Limited | ₹24.7 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Sei Arushi Private Limited | ₹24.49 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Veh Radiant Energy Private Limited | ₹24.47 Cr (FY 2025) | •••• | •••• | 1085.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Clean Max Power Projects by revenue in the Cleantech industry (Power Projects, 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 Power Projects Private Limited
Clean Max Power Projects Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Clean Max Power Projects Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Clean Max Power Projects Private Limited
Open charges
₹100.28 Cr
Satisfied charges
₹200.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2020 | Idbi Trusteeship Services Limited | ₹100.28 Cr | Open |
| 14 Oct 2020 | Idbi Trusteeship Services Limited | ₹100.28 Cr | Satisfied |
| 22 Dec 2017 | Others | ₹100 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Clean Max Power Projects Private Limited
Clean Max Power Projects Private Limited has 1 deal on record (1 rights issue); the latest was in October 2017.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Rights issue | ₹43.69 Cr | Investors: Clean Enviro Solutions Private Limited |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Clean Max Power Projects Private Limited
Clean Max Power Projects Private Limited has 9 court cases on record: 3 filed by Clean Max Power Projects, 6 where it is another party. 3 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
9
Filed by the company
3
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 2 |
| District courts | 4 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| District court, BALLARI, Karnataka | Civil suit | Company is another party | Pending |
| High Court of Karnataka | Appeal | Company is another party | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
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Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
MSME Payment Delays by Clean Max Power Projects Private Limited
Clean Max Power Projects Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 3 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 3 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 Power Projects Private Limited
Employment history and EPFO contributions of people linked to Clean Max Power Projects.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Clean Max Power Projects Private Limited
Clean Max Power Projects Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Kumari Neha ceased to be Additional Director on 17 Sep 2025.
AGM
Clean Max Power Projects Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Kumari Neha ceased to be Additional Director.
Appointed
Kumari Neha was appointed as Director.
Ceased
Shobhit Shashank Sharma ceased to be Additional Director.
Filing
Clean Max Power Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 14 Oct 2020 via Charge ID 100379341 with Idbi Trusteeship Services Limited was fully satisfied on 22 Mar 2021.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 10,028.00 Lakh with Charge ID 100379341 was registered on 14 Oct 2020.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 10,028.00 Lakh registered on 10 Jan 2020 with Charge ID 100316536 was modified on 14 Oct 2020.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 10,028.00 Lakh with Charge ID 100316536 was registered on 10 Jan 2020.
Charges
A charge registered on 22 Dec 2017 via Charge ID 100179134 with Others was fully satisfied on 01 Oct 2019.
Charges
A charge with Others amounted to Rs. 10,000.00 Lakh with Charge ID 100179134 was registered on 22 Dec 2017.
Appointed
Kuldeep Jain was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Clean Max Power Projects Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Clean Max Power Projects Private Limited
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Corporate group structure
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GST Compliance of Clean Max Power Projects Private Limited
Clean Max Power Projects has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC5177D1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 29AAECC5177D1ZM | Karnataka | Active | 28 Sep 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Clean Max Power Projects Private Limited
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MCA filings and documents
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Related news about Clean Max Power Projects Private Limited
Frequently Asked Questions about Clean Max Power Projects Private Limited
Clean Max Power Projects 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 27 April 2011 (15+ years old) and is registered under CIN U93030MH2011PTC216775.
Clean Max Power Projects reported revenue of ₹24.83 Cr for FY 2025 (down 11% YoY).
Clean Max Power Projects has 3 current directors:
- Pratap Jain - Director
- Kuldeep Jain - Director
- Kumari Neha - Director
Clean Max Power Projects reported a net profit of ₹5.46 Cr (net margin 22%) and EBITDA of ₹21.21 Cr (EBITDA margin 85.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Clean Max Power Projects is 1% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Clean Max Power Projects is 27AAECC5177D1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECC5177D1ZM (Karnataka).
The CIN (Corporate Identification Number) of Clean Max Power Projects is U93030MH2011PTC216775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Max Power Projects has 9 court cases on record: 3 filed by the company. 3 are pending. Most are in the high courts.
Clean Max Power Projects was incorporated on 27 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Clean Max Power Projects has 1 deal on record (1 rights issue); the latest was in October 2017.
The peers of Clean Max Power Projects by revenue are Gensol Utilities Private Limited, Bhavnagar Energy Company Limited, Radiance Ka Sunshine Five Private Limited, Renew Warangal Power Private Limited, Acme Nalanda Solar Power Private Limited and 5 more, all in the Cleantech industry (Power Projects, Solar Power).
Kumari Neha ceased to be Additional Director on 17 Sep 2025. Kumari Neha was appointed as Director on 06 Aug 2025. Shobhit Shashank Sharma ceased to be Additional Director on 21 Jul 2025. Clean Max Power Projects has 5 board changes on record in total.