About Climate Etc Technology Services Private Limited
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Climate Etc Technology Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Trane Technologies Company Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC127177. Its GSTIN is 29AAICC3360N1Z8 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹118.69 Cr. It is led by directors Shirin Myvelia Salis and Sawarni Venkata Lakshmi Narasimha Mola.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 4/1 8th & 9th Floor Tower C & D Ibc Knowledge Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2025, the company reported a revenue of ₹608.89 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹73.42 Cr (net margin 12.1%) and EBITDA of ₹139.39 Cr (EBITDA margin 22.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 42% over five years.
The company has about 1,079 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Trane Technologies. As per MCA filings, the company has open charges of ₹1.59 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹118.69 Cr; the latest was in January 2024.
For more details, the company can be reached via its website tranetechnologies.com.
Company details
Contact details
Climate Etc Technology Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressNo. 4/1 8th & 9th Floor Tower C & D Ibc Knowledge Bannerghatta Main Road, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Climate Etc Technology Services 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
Brands
Climate Etc Technology Services operates one associated brand: Trane Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| HVAC and refrigeration systems are designed, manufactured, and sold worldwide. | tranetechnologies.com |
Business activity
The main business activity of Climate Etc Technology Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Climate Etc Technology Services Private Limited, buy the company report.
Financials of Climate Etc Technology Services Private Limited
FY 2025 filings availableClimate Etc Technology Services Private Limited reported revenue of ₹608.89 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 27% growth in the latest year. EBITDA rose 30% 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 | ₹139.39 Cr | ||||
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| Net Profit (PAT) | ₹73.42 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 | 22.9% | ||||
| Net Profit Margin | 12.1% | ||||
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To see the full financial statements and ratios of Climate Etc Technology Services Private Limited, buy the company report.
Board of directors of Climate Etc Technology Services Private Limited
Climate Etc Technology Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shirin Myvelia Salis | Director | 07 Feb 2020 | 6 Years 8 Months | Current |
| Sawarni Venkata Lakshmi Narasimha Mola | Director | 07 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Climate Etc Technology Services Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUN | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Climate Etc Technology Services Private Limited is on record for 4 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 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Climate Etc Technology Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 1994 | 90162930 | Union Bank of India | ₹20 Lakh | Open | |
| 21 Feb 1992 | 90162582 | The Pradeshiya Industrial and Invest. Corp. of U.P. Ltd. | ₹30 Lakh | Open | |
| 04 Feb 1992 | 90162570 | Oriental Bank of Commerce | ₹35 Lakh | Open | |
| 08 May 1991 | 90162488 | Union Bank of India | ₹25 Lakh | Open | |
| 14 Feb 1990 | 90162348 | Union Bank of India | ₹8 Lakh | Open |
To see the full charge records of Climate Etc Technology Services Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Climate Etc Technology Services Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹118.69 Cr; the latest was in January 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Tane Technologies European Holding Company BV Seller: Trane Technologies Lux International Holding Company, S.A.R.L |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Trane Technologies Company LLC, Trane Technologies Lux International Holding Company, S.A.R.L Seller: Ingersoll Rand Company, Ingersoll Rand Lux International Holding Company S.A.R.L, Ingersoll - Rand Technologies and Services Private Limited |
| Jan 2020 | Funding round | ₹118.69 Cr | Investors: Ingersoll Rand Company, Ingersoll Rand Lux International Holding Company S.A.R.L, Trane Airconditioning Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Climate Etc Technology Services Private Limited has 2 court cases on record: 1 filed by Climate Etc Technology Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by Rockforest Components India Pvt Ltd | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against The State of Karnataka and 2 others | Disposed |
To see the full case history of Climate Etc Technology Services 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 Climate Etc Technology Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Climate Etc Technology Services Private Limited has a workforce of 1,079 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Climate Etc Technology Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC3360N1Z8 | Karnataka | Active | 18 Nov 2019 |
| 33AAICC3360N1ZJ | Tamil Nadu | Active | 03 Dec 2019 |
| 06AAICC3360N1ZG | Haryana | Active | 12 Jan 2020 |
To see the full GST registrations and return filing status of Climate Etc Technology Services Private Limited, buy the company report.
Recent activity
Climate Etc Technology Services Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Naveen Samant ceased to be Director on 07 Feb 2020.
11 earlier events are in the company report.
News
Frequently asked questions
Climate Etc Technology Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 August 2019 (7+ years old) and is registered under CIN U72900KA2019PTC127177.
Climate Etc Technology Services has 2 current directors:
- Shirin Myvelia Salis - Director
- Sawarni Venkata Lakshmi Narasimha Mola - Director
The latest financial statements of Climate Etc Technology Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Climate Etc Technology Services is 29AAICC3360N1Z8, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAICC3360N1ZJ (Tamil Nadu), 06AAICC3360N1ZG (Haryana).
The CIN (Corporate Identification Number) of Climate Etc Technology Services is U72900KA2019PTC127177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Climate Etc Technology Services has 2 court cases on record: 1 filed by the company and 1 filed against it.
Climate Etc Technology Services was incorporated on 20 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Climate Etc Technology Services has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹118.69 Cr; the latest was in January 2024.
Naveen Samant ceased to be Director on 07 Feb 2020. Sawarni Venkata Lakshmi Narasimha Mola was appointed as Director on 07 Feb 2020. Shirin Myvelia Salis was appointed as Director on 07 Feb 2020. Climate Etc Technology Services has 6 board changes on record in total.
Climate Etc Technology Services can be reached through the website tranetechnologies.com. Its registered office is in Bangalore, Karnataka, India.