
About Cleanmax Ipp 1 Private Limited
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Cleanmax Ipp 1 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 08 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC292173. Its GSTIN is 27AAGCC8736Q1ZU (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors including Ravindra Dattatraya Vipra and Abhilash Anil Goel.
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 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 ₹47.79 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹8.24 Cr (net margin 17.2%) and EBITDA of ₹40.12 Cr (EBITDA margin 83.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
As per MCA filings, the company has open charges of ₹311.38 Cr on record. The company has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹24.41 Cr; the latest was in March 2019. Its 6 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 2 smaller; the largest is Magnet Buildtech Private Limited with revenue of ₹48.58 Cr.
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
Cleanmax Ipp 1 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 Floor – 13 Plot – 400 The Peregrine Apartment Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Cleanmax Ipp 1 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 Cleanmax Ipp 1 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 Cleanmax Ipp 1 Private Limited, buy the company report.
Financials of Cleanmax Ipp 1 Private Limited
FY 2025 filings availableCleanmax Ipp 1 Private Limited reported revenue of ₹47.79 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 2% growth 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.12 Cr | ||||
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| Net Profit (PAT) | ₹8.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 83.9% | ||||
| Net Profit Margin | 17.2% | ||||
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To see the full financial statements and ratios of Cleanmax Ipp 1 Private Limited, buy the company report.
Board of directors of Cleanmax Ipp 1 Private Limited
Cleanmax Ipp 1 has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Dattatraya Vipra Also directs: Clean Max Aurora Private Limited, Clean Max Gaia Private Limited, Clean Max Aero Private Limited and 5 more | Director | 07 Jul 2025 | 1 Years 4 Months | Current |
| Abhilash Anil Goel Also directs: Clean Max Moraine Private Limited, Clean Max Energy Ventures Private Limited, Cmes Jupiter Private Limited and 5 more | Director | 07 Jul 2025 | 1 Years 4 Months | Current |
| Kumari Neha Also directs: Cmes Saturn Private Limited, Clean Max Serengeti Private Limited, Clean Max Bryce Private Limited and 5 more | Director | 07 Jul 2025 | 1 Years 4 Months | Current |
Peer comparison
Cleanmax Ipp 1 Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Magnet Buildtech Private Limited | ₹48.58 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Maheswari Mining & Energy Private Limited | ₹48.52 Cr (FY 2024) | 23.0% | Hyderabad, Telangana, India | |||
| Indigrid Solar-Ii (Ap) Private Limited | ₹48.09 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Sei Kathiravan Power Private Limited | ₹47.84 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India | |||
| Cleanmax Ipp 1 Private Limitedthis company | ₹47.79 Cr (FY 2025) | ₹8.24 Cr | 17.2% | 2.0% | Mumbai, Maharashtra, India | |
| Acme Odisha Solar Power Private Limited | ₹47.52 Cr (FY 2025) | 3.0% | Gurgaon, Haryana, India | |||
| Talettutayi Solar Projects Four Private Limited | ₹47.28 Cr (FY 2025) | -11.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Cleanmax Ipp 1 Private Limited, buy the company report.
Auditor
Cleanmax Ipp 1 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/W100018 |
Shareholding
The shareholding of Cleanmax Ipp 1 Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cleanmax Ipp 1 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2020 | 100335612 | Sbicap Trustee Company Limited | ₹150.95 Cr | Open | |
| 28 Mar 2019 | 100256091 | Sbicap Trustee Company Limited | ₹97.58 Cr | Open | |
| 31 Jul 2017 | 100122818 | Sbicap Trustee Company Limited | ₹62.85 Cr | Open |
To see the full charge records of Cleanmax Ipp 1 Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Cleanmax Ipp 1 Private Limited has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹24.41 Cr; the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹114.14 Cr | Investors: Clean Max Enviro Energy Solutions Limited |
| Feb 2018 | Funding round | ₹18.87 Cr | Investors: Clean Max Enviro Energy Solutions Limited |
| Nov 2017 | Rights issue | ₹2.51 Cr | Investors: Clean Max Enviro Energy Solutions Limited |
| Sep 2017 | Funding round | ₹5.54 Cr | Investors: 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
No court or tribunal cases involving Cleanmax Ipp 1 Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Cleanmax Ipp 1 Private Limited was last rated by Care on 14 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Oct 2021 |
To see the full credit ratings and regulatory alerts of Cleanmax Ipp 1 Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cleanmax Ipp 1 Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cleanmax Ipp 1 has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC8736Q1ZU | Maharashtra | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Cleanmax Ipp 1 Private Limited, buy the company report.
Recent activity
Cleanmax Ipp 1 Private Limited has 8 board changes on record since 2025: 3 appointments and 5 cessations. The latest: Kuldeep Jain ceased to be Director on 06 Aug 2025.
3 earlier events are in the company report.
News
Frequently asked questions
Cleanmax Ipp 1 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 08 March 2017 (9+ years old) and is registered under CIN U74999MH2017PTC292173.
Cleanmax Ipp 1 has 3 current directors:
- Ravindra Dattatraya Vipra - Director
- Abhilash Anil Goel - Director
- Kumari Neha - Director
The latest financial statements of Cleanmax Ipp 1 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 2017 are in the company report.
The GSTIN of Cleanmax Ipp 1 is 27AAGCC8736Q1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cleanmax Ipp 1 is U74999MH2017PTC292173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cleanmax Ipp 1 was incorporated on 08 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Cleanmax Ipp 1 has 4 deals on record (2 funding rounds, 2 rights issues), with disclosed funding of ₹24.41 Cr; the latest was in March 2019.
The peers of Cleanmax Ipp 1 by revenue are Magnet Buildtech Private Limited, Maheswari Mining & Energy Private Limited, Indigrid Solar-Ii (Ap) Private Limited, Sei Kathiravan Power Private Limited, Acme Odisha Solar Power Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kuldeep Jain ceased to be Director on 06 Aug 2025. Nikunj Gopal Ghodawat ceased to be Director on 06 Aug 2025. Abhilash Anil Goel ceased to be Additional Director on 13 Jul 2025. Cleanmax Ipp 1 has 8 board changes on record in total.
Cleanmax Ipp 1 can be reached through the website cleanmax.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Cleanmax Ipp 1 is at 13 A Floor – 13 Plot – 400 The Peregrine Apartment Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025.

