About Clean Max Theia Private Limited
Data last updated:
Clean Max Theia 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 05 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2022PTC382056. Its GSTIN is 29AAKCC2897E1Z9 (Karnataka).
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹88.04 Cr. It is led by directors including Viren Mahesh Shah and Ashok Kumar.
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 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 ₹57.64 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net loss of ₹2.54 Cr (net margin -4.4%) and EBITDA of ₹52.21 Cr (EBITDA margin 90.6%).
As per MCA filings, the company has open charges of ₹402.56 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 3 cases are pending.
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
Contact details
Clean Max Theia 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 Address13A Floor – 13 Plot – 400 The Peregrine Apt Swatantrya Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Clean Max Theia Private Limited, buy the company report.
- 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
Business activity
The main business activity of Clean Max Theia 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 Theia Private Limited, buy the company report.
Financials of Clean Max Theia Private Limited
FY 2025 filings availableClean Max Theia Private Limited reported revenue of ₹57.64 Cr (up 110% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 110% in the latest year. EBITDA rose 141% 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 |
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| EBITDA | ₹52.21 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.54 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 90.6% | ||
| Net Profit Margin | -4.4% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Clean Max Theia Private Limited, buy the company report.
Board of directors and KMP of Clean Max Theia Private Limited
Clean Max Theia Private Limited currently reports 4 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Mahesh Shah Also directs: Clean Max Rudra Private Limited, Clean Max Matahari Private Limited, Clean Max Arnav Private Limited and 5 more | Director | 05 May 2022 | 4 Years 5 Months | Current |
| Ashok Kumar Also directs: Clean Max Eliora Private Limited, Clean Max Rudra Private Limited, Clean Max Vayu Private Limited and 5 more | Director | 07 Jul 2025 | 1 Years 3 Months | Current |
| Gunwant Kumar Bhatera | Director | 07 Jul 2025 | 1 Years 3 Months | Current |
| Nambur Jai Shankar Raja Akshai Raja Also directs: Clean Max Urjit LLP, Jagalur Green Energy Power Supply Private Limited, Clean Max Galapagos Private Limited and 5 more | Manager | 05 Aug 2025 | 1 Years 2 Months | Current |
| Kumari Neha Also directs: Clean Max Plutus Private Limited, Clean Max Serengeti Private Limited, Clean Max Bryce Private Limited and 5 more | Company Secretary | 23 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Clean Max Theia Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| JSW Aakash Power Private Limited | ₹57.92 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Ampin Energy Green Private Limited | ₹57.77 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Astra Solren Private Limited | ₹57.68 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Clean Max Theia Private Limitedthis company | ₹57.64 Cr (FY 2025) | -₹2.54 Cr | -4.4% | 110.0% | Mumbai, Maharashtra, India | |
| Candi Solar Private Limited | ₹57.52 Cr (FY 2023) | 832.0% | Mohali, Punjab, India | |||
| Walwhan Solar BH Limited | ₹57.42 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Divyesh Power Private Limited | ₹56.69 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Solarcraft TN 1 Private Limited | ₹56.63 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Clean Max Theia Private Limited, buy the company report.
Auditor
Clean Max Theia 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 |
Shareholding
The shareholding of Clean Max Theia Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Clean Max Theia Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2023 | 100684242 | Others | ₹402.56 Cr | Open |
To see the full charge records of Clean Max Theia Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Clean Max Theia Private Limited has 5 court cases on record: 5 filed by Clean Max Theia. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 3 others | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 4 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| High Court of Karnataka | Court case (CCC) | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner | Disposed |
To see the full case history of Clean Max Theia 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clean Max Theia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clean Max Theia Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
GST
Clean Max Theia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCC2897E1Z9 | Karnataka | Active | 15 Oct 2022 |
To see the full GST registrations and return filing status of Clean Max Theia Private Limited, buy the company report.
Recent activity
Clean Max Theia Private Limited has 7 board changes on record since 2022: 6 appointments and 1 cessation. The latest: Pramod Madhavrao Deore ceased to be Director on 06 Aug 2025.
News
Frequently asked questions
Clean Max Theia 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 05 May 2022 (4+ years old) and is registered under CIN U40100MH2022PTC382056.
Clean Max Theia has 5 current directors and KMP:
- Viren Mahesh Shah - Director
- Ashok Kumar - Director
- Gunwant Kumar Bhatera - Director
- Nambur Jai Shankar Raja Akshai Raja - Manager
- Kumari Neha - Company Secretary
The latest financial statements of Clean Max Theia 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 2023 are in the company report.
The GSTIN of Clean Max Theia is 29AAKCC2897E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Clean Max Theia is U40100MH2022PTC382056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Max Theia has 5 court cases on record: 5 filed by the company. 3 are pending.
Clean Max Theia was incorporated on 05 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Clean Max Theia by revenue are JSW Aakash Power Private Limited, Ampin Energy Green Private Limited, Astra Solren Private Limited, Candi Solar Private Limited, Walwhan Solar BH Limited and 2 more, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Pramod Madhavrao Deore ceased to be Director on 06 Aug 2025. Nambur Jai Shankar Raja Akshai Raja was appointed as Manager on 05 Aug 2025. Ashok Kumar was appointed as Director on 07 Jul 2025. Clean Max Theia has 7 board changes on record in total.
Clean Max Theia can be reached through the website cleanmax.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Clean Max Theia is at 13A Floor – 13 Plot – 400 The Peregrine Apt Swatantrya Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
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