About Clean Max Thennal Private Limited
Data last updated:
Clean Max Thennal 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 09 March 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2022PTC378141. Its GSTIN is 29AAKCC1496R1ZP (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹8.69 Lakh. It is led by directors including Deep Shah and Pramod Madhavrao Deore.
Its last annual general meeting (AGM) was held on 25 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 Aprt Swatantrya Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.76 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net loss of ₹53.2 Lakh (net margin -14.2%) and EBITDA of ₹3.19 Cr (EBITDA margin 84.8%).
As per MCA filings, the company has open charges of ₹22 Cr and satisfied charges of ₹19.23 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 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 Thennal 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 Aprt Swatantrya Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Clean Max Thennal 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 Thennal 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 Thennal Private Limited, buy the company report.
Financials of Clean Max Thennal Private Limited
FY 2025 filings availableClean Max Thennal Private Limited reported revenue of ₹3.76 Cr (up 115% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 115% in the latest year. EBITDA rose 129% 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 |
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| EBITDA | ₹3.19 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹53.2 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 84.8% | |||
| Net Profit Margin | -14.2% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Clean Max Thennal Private Limited, buy the company report.
Board of directors of Clean Max Thennal Private Limited
Clean Max Thennal has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deep Shah Also directs: Clean Max Prithvi Private Limited, Clean Max Ipp 4 Power Private Limited, Clean Max Opus Private Limited and 5 more | Director | 09 Mar 2022 | 4 Years 8 Months | Current |
| Pramod Madhavrao Deore | Director | 09 Mar 2022 | 4 Years 8 Months | Current |
| Piyush Khullar Also directs: Clean Max Dos Private Limited, Clean Max Ananta Private Limited, Clean Max Uranus Private Limited and 5 more | Director | 07 Jul 2025 | 1 Years 4 Months | Current |
Peer comparison
Clean Max Thennal Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar 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 |
|---|---|---|---|---|---|---|
| Kandan Energy Private Limited | ₹3.78 Cr (FY 2024) | 55.0% | Karur, Tamil Nadu, India | |||
| Clean Max Thennal Private Limitedthis company | ₹3.76 Cr (FY 2025) | -₹53.2 Lakh | -14.2% | 115.0% | Mumbai, Maharashtra, India | |
| Konark Gujarat PV Private Limited | ₹3.75 Cr (FY 2025) | -54.0% | Kolkata, West Bengal, India | |||
| Sri Ugrappa Solar Private Limited | ₹3.73 Cr (FY 2024) | -23.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Clean Max Thennal Private Limited, buy the company report.
Auditor
Clean Max Thennal Private Limited is audited by Dipesh Ruparelia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dipesh Ruparelia & Co. | FY 2023 | 152808W |
Shareholding
The shareholding of Clean Max Thennal 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 Thennal Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2025 | 101063803 | Others | ₹22 Cr | Open | |
| 02 Jun 2023 | 100734820 | Idbi Trusteeship Services Limited | ₹19.23 Cr | Satisfied |
To see the full charge records of Clean Max Thennal Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Clean Max Thennal Private Limited has 4 court cases on record: 3 filed by Clean Max Thennal, 1 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Clean Max Deneb Power LLP | 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 |
To see the full case history of Clean Max Thennal 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 Thennal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clean Max Thennal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCC1496R1ZP | Karnataka | Active | 13 Apr 2023 |
To see the full GST registrations and return filing status of Clean Max Thennal Private Limited, buy the company report.
Recent activity
Clean Max Thennal Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Piyush Khullar was appointed as Director on 07 Jul 2025.
News
Frequently asked questions
Clean Max Thennal 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 09 March 2022 (4+ years old) and is registered under CIN U40106MH2022PTC378141.
Clean Max Thennal has 3 current directors:
- Deep Shah - Director
- Pramod Madhavrao Deore - Director
- Piyush Khullar - Director
The latest financial statements of Clean Max Thennal on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Clean Max Thennal is 29AAKCC1496R1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Clean Max Thennal is U40106MH2022PTC378141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clean Max Thennal has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending.
Clean Max Thennal was incorporated on 09 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Clean Max Thennal by revenue are Kandan Energy Private Limited, Konark Gujarat PV Private Limited, Sri Ugrappa Solar Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Piyush Khullar was appointed as Director on 07 Jul 2025. Deep Shah was appointed as Director on 09 Mar 2022. Pramod Madhavrao Deore was appointed as Director on 09 Mar 2022.
Clean Max Thennal can be reached through the website cleanmax.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Clean Max Thennal is at 13A Floor – 13 Plot – 400 The Peregrine Aprt Swatantrya Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
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