Cleanmax Ipp 1 Private Limited

Cleanmax Ipp 1 Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2017PTC292173 Incorporated 08 March 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company environment
Data last updated
Revenue · FY 2025
₹47.79 Cr
▲ 2% YoY
Net profit · FY 2025
₹8.24 Cr
Net margin 17.2%
EBITDA · FY 2025
₹40.12 Cr
EBITDA margin 83.9%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹1.31 Cr
Issued & subscribed
Open charges
₹311.38 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About Cleanmax Ipp 1 Private Limited

Data last updated:

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

CIN U74999MH2017PTC292173
Registration Number 292173
Incorporation Date 08 March 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Clean Max Enviro Energy Solutions Private Limited
Compliance Status Active Compliant

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
  • Social Media
  • Registered Address
    13 A Floor – 13 Plot – 400 The Peregrine Apartment Kismat Cinema Prabhadevi, Mumbai, Maharashtra, India – 400025
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Cleanmax Ipp 1 Private Limited, buy the company report.

Comprehensive company report
Cleanmax Ipp 1 Private Limited - 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric 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 available

Cleanmax Ipp 1 Private Limited reported revenue of ₹47.79 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹47.79 Cr ▲ 2%
Net profit · FY 2025
₹8.24 Cr margin 17.2%
EBITDA · FY 2025
₹40.12 Cr margin 83.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
5 years · compounded
▲ 13%
EBITDA CAGR growth
3 years · compounded
▼ 1%
5 years · compounded
▲ 12%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹40.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.24 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin83.9%
Net Profit Margin17.2%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravindra Dattatraya VipraDirector07 Jul 20251 Years 4 MonthsCurrent
Abhilash Anil GoelDirector07 Jul 20251 Years 4 MonthsCurrent
Kumari NehaDirector07 Jul 20251 Years 4 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr17.2%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 firmFinancial yearFirm registration number
DELOITTE HASKINS & SELLS LLPFY 2023117366W/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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹311.38 Cr
Satisfied charges
None
Breakdown by lending institutions
Sbicap Trustee Company Limited₹311.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Mar 2020100335612Sbicap Trustee Company Limited₹150.95 CrOpen
28 Mar 2019100256091Sbicap Trustee Company Limited₹97.58 CrOpen
31 Jul 2017100122818Sbicap Trustee Company Limited₹62.85 CrOpen

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.

Total deals
4
Funding rounds
2
Rights issues
2
Disclosed funding
₹24.41 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2019Rights issue₹114.14 CrInvestors: Clean Max Enviro Energy Solutions Limited
Feb 2018Funding round₹18.87 CrInvestors: Clean Max Enviro Energy Solutions Limited
Nov 2017Rights issue₹2.51 CrInvestors: Clean Max Enviro Energy Solutions Limited
Sep 2017Funding round₹5.54 CrInvestors: Clean Max Enviro Energy Solutions Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Cleanmax Ipp 1 Private Limited was last rated by Care on 14 Oct 2021.

Rating agencyRated onRating
Care14 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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCC8736Q1ZUMaharashtraActive31 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.

AGM
Cleanmax Ipp 1 Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Ceased
Kuldeep Jain ceased to be Director.
Ceased
Nikunj Gopal Ghodawat ceased to be Director.
Ceased
Abhilash Anil Goel ceased to be Additional Director.
Ceased
Kumari Neha ceased to be Additional Director.
Ceased
Ravindra Dattatraya Vipra ceased to be Additional Director.
Appointed
Abhilash Anil Goel was appointed as Director.
Appointed
Kumari Neha was appointed as Director.
Appointed
Ravindra Dattatraya Vipra was appointed as Director.
Filing
Cleanmax Ipp 1 Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 150.95 Cr with Charge ID 100335612 was registered on 21 Mar 2020.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 97.58 Cr with Charge ID 100256091 was registered on 28 Mar 2019.

3 earlier events are in the company report.

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:

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.