India's Richest People 2026 edition · 1 director · Source: Hurun India
- #655 Kuldeep Jain & family ₹4,900 Cr
Revenue · FY 2023
₹17.83 Cr
▲ 128% YoY
Net profit · FY 2023
₹76.84 Lakh
Net margin 4.3%
EBITDA · FY 2023
₹13.96 Cr
EBITDA margin 78.3%
Contribution obligation
₹120.1 Cr
As per LLP agreement
Open charges
₹275.77 Cr
Satisfied ₹163.02 Cr
LLP age
8 yrs
Est. 2018
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
About Clean Max Vega Power LLP
Data last updated:
Clean Max Vega Power LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 21 December 2018 and has been in existence for over 8 years.
Its director Kuldeep Jain and family are #655 among India's richest people (2026).
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAN-8305. Its GSTIN is 29AAOFC1122B1ZX (Karnataka).
The LLP has a total obligation of contribution of ₹120.1 Cr. It is led by designated partners Kuldeep Jain and Nikunj Gopal Ghodawat.
Its latest statement of accounts is 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 2023, the LLP reported a revenue of ₹17.83 Cr, a growth of 128% compared to the previous year. For the same year it recorded a net profit of ₹76.84 Lakh (net margin 4.3%) and EBITDA of ₹13.96 Cr (EBITDA margin 78.3%). Revenue has grown at a compounded annual rate (CAGR) of 110% over three years.
As per MCA filings, the LLP has open charges of ₹275.77 Cr and satisfied charges of ₹163.02 Cr on record. Court records list 4 cases involving the LLP, including 2 filed by the LLP and 2 filed against it; 3 cases are pending.
For more details, the LLP can be reached via its website cleanmax.com.
Company details
LLPIN AAN-8305
Incorporation Date 21 December 2018
Total Obligation of Contribution ₹120.1 Cr
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
Recognitions & Rankings of Clean Max Vega Power
Contact details
Clean Max Vega Power LLP'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 Floor – 13 Plot – 400 The Peregrine Apartment Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryEnvironment, Solar Energy Solutions, Wind Energy Solutions
To see the full contact details of Clean Max Vega Power LLP, buy the company report.
Comprehensive company report
Clean Max Vega Power LLP - 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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Financials of Clean Max Vega Power LLP
FY 2025 filings availableClean Max Vega Power LLP reported revenue of ₹17.83 Cr (up 128% YoY) for FY 2023.
Revenue · FY 2023
₹17.83 Cr ▲ 128%
Net profit · FY 2023
₹76.84 Lakh margin 4.3%
EBITDA · FY 2023
₹13.96 Cr margin 78.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 128%
3 years · compounded
▲ 110%
EBITDA CAGR growth
1 year
▲ 108%
3 years · compounded
▲ 113%
Revenue has grown at a compounded annual rate (CAGR) of 110% over three years, including 128% growth in the latest year. EBITDA rose 108% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹76.84 Lakh | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 4.3% | ||||
| Return on Partners' Funds | |||||
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To see the full financial statements and ratios of Clean Max Vega Power LLP, buy the company report.
Designated partners of Clean Max Vega Power LLP
Clean Max Vega Power has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuldeep Jain Also directs: KPJ Renewable Power Projects LLP, Kas On Site Power Solutions LLP, Het Energy Technology LLP and 5 more | Designated Partner | 21 Dec 2018 | 7 Years 10 Months | Current |
| Nikunj Gopal Ghodawat Also directs: Het Energy Technology LLP, Yashaswa Power LLP, Clean Max Pluto Solar Power LLP and 5 more | Designated Partner | 21 Dec 2018 | 7 Years 10 Months | Current |
Charges & borrowings
Open charges
₹275.77 Cr
Satisfied charges
₹163.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101159242 | Idbi Trusteeship Services Limited | ₹85.45 Cr | Open | |
| 25 Jun 2025 | 101125004 | Idbi Trusteeship Services Limited | ₹67.76 Cr | Open | |
| 26 Dec 2024 | 101034139 | Catalyst Trusteeship Limited | ₹15 Cr | Open | |
| 06 Nov 2023 | 100820573 | Catalyst Trusteeship Limited | ₹74 Cr | Open | |
| 01 Jul 2021 | 100459068 | Catalyst Trusteeship Limited | ₹33.56 Cr | Open |
To see the full charge records of Clean Max Vega Power LLP, buy the company report.
Total charge records: 8 View all charges
Legal cases
Clean Max Vega Power LLP has 4 court cases on record: 2 filed by Clean Max Vega Power, 2 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 3 |
| District courts | 1 | 1 | 0 |
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 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 |
| District court, Akola, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Clean Max Vega Power LLP, 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 Vega Power LLP was last rated by Care on 05 Dec 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Dec 2022 |
To see the full credit ratings and regulatory alerts of Clean Max Vega Power LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clean Max Vega Power LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clean Max Vega Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOFC1122B1ZX | Karnataka | Active | 15 Mar 2019 |
To see the full GST registrations and return filing status of Clean Max Vega Power LLP, buy the company report.
Recent activity
Clean Max Vega Power LLP has 3 designated partner changes on record since 2018: 3 appointments. The latest: Bindiganavile Raghunath Preetham was appointed as Partner on 03 May 2019.
Charges
A charge with Catalyst Trusteeship Limited of Rs. 33.56 Cr registered on 01 Jul 2021 with Charge ID 100459068 was modified on 04 Sep 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 85.45 Cr with Charge ID 101159242 was registered on 29 Aug 2025.
Charges
A charge registered on 11 Jan 2024 via Charge ID 100853461 with Idbi Trusteeship Services Limited was fully satisfied on 07 Aug 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 67.76 Cr with Charge ID 101125004 was registered on 25 Jun 2025.
AGM
Clean Max Vega Power Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Clean Max Vega Power Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Catalyst Trusteeship Limited amounted to Rs. 15.00 Cr with Charge ID 101034139 was registered on 26 Dec 2024.
Charges
A charge with Catalyst Trusteeship Limited of Rs. 74.00 Cr registered on 06 Nov 2023 with Charge ID 100820573 was modified on 06 Nov 2024.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 63.83 Cr with Charge ID 100853461 was registered on 11 Jan 2024.
Charges
A charge registered on 18 Apr 2022 via Charge ID 100631119 with Idbi Trusteeship Services Limited was fully satisfied on 15 Dec 2023.
Charges
A charge with Catalyst Trusteeship Limited amounted to Rs. 74.00 Cr with Charge ID 100820573 was registered on 06 Nov 2023.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 66.05 Cr with Charge ID 100631119 was registered on 18 Apr 2022.
7 earlier events are in the company report.
News
Frequently asked questions
Clean Max Vega Power is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in solar energy solutions, within the environment industry. It was incorporated on 21 December 2018 (8+ years old) and is registered under LLPIN AAN-8305.
Clean Max Vega Power has 2 current designated partners:
- Kuldeep Jain - Designated Partner
- Nikunj Gopal Ghodawat - Designated Partner
The latest financial statements of Clean Max Vega Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Clean Max Vega Power is 29AAOFC1122B1ZX, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Clean Max Vega Power is AAN-8305. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Clean Max Vega Power has 4 court cases on record: 2 filed by the LLP and 2 filed against it. 3 are pending. Most are in the high courts.
Clean Max Vega Power was incorporated on 21 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Bindiganavile Raghunath Preetham was appointed as Partner on 03 May 2019. Kuldeep Jain was appointed as Designated Partner on 21 Dec 2018. Nikunj Gopal Ghodawat was appointed as Designated Partner on 21 Dec 2018.
Clean Max Vega Power can be reached through the website cleanmax.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Clean Max Vega Power is at 13 A Floor – 13 Plot – 400 The Peregrine Apartment Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025.