MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0017682
Climaveneta Climate Technologies Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹417.97 Cr
▲ 27% YoY
Net profit · FY 2025
₹16.73 Cr
Net margin 4%
EBITDA · FY 2025
₹27.4 Cr
EBITDA margin 6.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹60.31 Lakh
Issued & subscribed
Open charges
₹45 Cr
Satisfied ₹4 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
229
Provident fund records
About Climaveneta Climate Technologies Private Limited
Data last updated:
Climaveneta Climate Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mitsubishi Electric Hydronics & It Cooling. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 13 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2010PTC055471. Its GSTIN is 29AADCT6551B1ZE (Karnataka). The company holds 12 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60.31 Lakh. It was formerly known as Tfa Climate Technologies Private Limited. It is led by directors including Anil Dev (Managing Director) and Masafumi Ando.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.180 9th Cross 5th Main Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹417.97 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹16.73 Cr (net margin 4%) and EBITDA of ₹27.4 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 39% over five years.
The company has about 229 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Climaveneta. As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹4 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending. The company has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹17.99 Cr; the latest was in March 2015. Its 6 peer companies in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Modine Thermal Systems Private Limited with revenue of ₹519.87 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 1,913 overdue payments to 118 micro and small suppliers.
Climaveneta Climate Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0017682). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website in.climaveneta.com.
Company details
CIN U29253KA2010PTC055471
Registration Number 055471
Incorporation Date 13 October 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mitsubishi Electric Hydronics & It Cooling
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0017682
Recognitions & Rankings of Climaveneta Climate Technologies
Contact details
Climaveneta Climate Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is in.climaveneta.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.180 9th Cross 5th Main Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Climaveneta Climate Technologies Private Limited, buy the company report.
Comprehensive company report
Climaveneta Climate Technologies 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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Secure checkout · GST invoice included
Brands
Climaveneta Climate Technologies operates one associated brand: Climaveneta. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive air conditioning services for efficient climate control solutions. | climaveneta.in |
Business activity
The main business activity of Climaveneta Climate Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Climaveneta Climate Technologies Private Limited, buy the company report.
Financials of Climaveneta Climate Technologies Private Limited
FY 2025 filings availableClimaveneta Climate Technologies Private Limited reported revenue of ₹417.97 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹417.97 Cr ▲ 27%
Net profit · FY 2025
₹16.73 Cr margin 4%
EBITDA · FY 2025
₹27.4 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 46%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 67%
5 years · compounded
▲ 81%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 27% growth in the latest year. EBITDA rose 39% 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 | ₹27.4 Cr | ||||
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| Net Profit (PAT) | ₹16.73 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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| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Climaveneta Climate Technologies Private Limited, buy the company report.
Board of directors of Climaveneta Climate Technologies Private Limited
Climaveneta Climate Technologies has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Masafumi Ando | Director | 25 Feb 2023 | 3 Years 8 Months | Current |
| Gianmarco Gianesello | Director | 10 Mar 2017 | 9 Years 7 Months | Current |
| Marco Vialetto | Director | 21 Dec 2020 | 5 Years 10 Months | Current |
| Anil Dev | Managing Director | 13 Oct 2010 | 16 Years 0 Months | Current |
| Alka Dev | Director | 13 Oct 2010 | 16 Years 0 Months | Current |
| Akshay Dev | Director | 13 Mar 2025 | 1 Years 7 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Climaveneta Climate Technologies Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Modine Thermal Systems Private Limited | ₹519.87 Cr (FY 2025) | -3.0% | Sunguvarchatiram, Tamil Nadu, India | |||
| Sidwal Refrigeration Industries Private Limited | ₹453.15 Cr (FY 2025) | -7.0% | Ballabgarh, Haryana, India | |||
| KRN Heat Exchanger and Refrigeration Limited | ₹441.71 Cr (FY 2025) | 41.0% | Neemrana, Rajasthan, India | |||
| Climaveneta Climate Technologies Private Limitedthis company | ₹417.97 Cr (FY 2025) | ₹16.73 Cr | 4% | 27.0% | 229 | Bangalore, Karnataka, India |
| Kruger Ventilation Industries (India) Private Limited | ₹303.12 Cr (FY 2025) | 10.0% | Shahapur, Maharashtra, India | |||
| Citizen Industries Private Limited | ₹287.83 Cr (FY 2025) | 34.0% | Ahmedabad, Gujarat, India | |||
| Kirloskar Chillers Private Limited | ₹272.02 Cr (FY 2025) | 37.0% | Pune, Maharashtra, India |
To see the full peer comparison of Climaveneta Climate Technologies Private Limited, buy the company report.
Auditor
Climaveneta Climate Technologies Private Limited is audited by SNR & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNR & Company | FY 2023 | 014401N |
Shareholding
The shareholding of Climaveneta Climate Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Climaveneta Climate Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2021 | 100532858 | Others | ₹45 Cr | Open | |
| 23 Feb 2017 | 100097292 | Hdfc Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Climaveneta Climate Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Climaveneta Climate Technologies Private Limited has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹17.99 Cr; the latest was in March 2015.
Total deals
6
Funding rounds
4
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹17.99 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹2.5 Cr | Investors: Ace Climate Control Technologies Private Limited , an individual |
| Mar 2013 | Funding round | ₹8.75 Cr | Investors: Ace Climate Control Technologies Private Limited , an individual |
| Jun 2012 | Funding round | ₹3.75 Cr | Investors: an individual |
| Mar 2011 | Funding round | ₹4.95 Cr | Investors: an individual |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: Ace Climate Control Technologies Private Limited Seller: 2 individuals |
To see the full deal history of Climaveneta Climate Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Climaveneta Climate Technologies Private Limited has 5 court cases on record: 5 filed by Climaveneta Climate Technologies. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Eta Engineering Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Eta Engineering Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against S.P.Technologies and Others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against S.P.Technologies and Others and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against S.P.Technologies and Others and 2 others | Disposed |
To see the full case history of Climaveneta Climate Technologies 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
Climaveneta Climate Technologies Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 1,913 overdue payments to 118 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 118)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Micronova Impex Private Limited | |||
| Balaji Metal Tech | |||
| an individual supplier | |||
| Mahaveera Transport Private Limited | |||
| Berrio Logistics (India) Private Limited |
To see the full MSME payment records of Climaveneta Climate Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Climaveneta Climate Technologies has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Joint ventures
Employees & EPFO
Climaveneta Climate Technologies Private Limited has a workforce of 229 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
229
Active EPFO establishments
1
Employee growth
17.44%
GST
Climaveneta Climate Technologies has 12 GST registrations: 9 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
12
Active
9
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCT6551B1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AADCT6551B2ZD | Karnataka | Active | 27 Feb 2024 |
| 19AADCT6551B1ZF | West Bengal | Active | 01 Jul 2017 |
| 27AADCT6551B1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Climaveneta Climate Technologies Private Limited, buy the company report.
Recent activity
Climaveneta Climate Technologies Private Limited has 17 board changes on record since 2010: 8 appointments and 9 cessations. The latest: Akshay Dev ceased to be Additional Director on 25 Sep 2025.
AGM
Climaveneta Climate Technologies Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Akshay Dev ceased to be Additional Director.
Ceased
Wataru Tsuruta ceased to be Additional Director.
Appointed
Wataru Tsuruta was appointed as Director.
Filing
Climaveneta Climate Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Akshay Dev was appointed as Director.
Charges
A charge with Others of Rs. 45.00 Cr registered on 28 Dec 2021 with Charge ID 100532858 was modified on 05 Nov 2024.
Ceased
Giulio Matteo Zucconi ceased to be Additional Director.
Appointed
Giulio Matteo Zucconi was appointed as Director.
Ceased
Masafumi Ando ceased to be Director.
Appointed
Masafumi Ando was appointed as Director.
Charges
A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100532858 was registered on 28 Dec 2021.
12 earlier events are in the company report.
News
Frequently asked questions
Climaveneta Climate Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 13 October 2010 (16+ years old) and is registered under CIN U29253KA2010PTC055471.
Climaveneta Climate Technologies has 8 current directors:
- Anil Dev - Managing Director
- Masafumi Ando - Director
- Gianmarco Gianesello - Director
- Marco Vialetto - Director
- Alka Dev - Director
- Akshay Dev - Director
- Giulio Matteo Zucconi - Director
- Wataru Tsuruta - Director
The latest financial statements of Climaveneta Climate Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Climaveneta Climate Technologies is 29AADCT6551B1ZE, registered in Karnataka. The company has 12 GST registrations in all, of which 9 are active and 3 are cancelled or inactive. Other active GSTINs include 29AADCT6551B2ZD (Karnataka), 19AADCT6551B1ZF (West Bengal), 27AADCT6551B1ZI (Maharashtra).
The CIN (Corporate Identification Number) of Climaveneta Climate Technologies is U29253KA2010PTC055471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Climaveneta Climate Technologies has 5 court cases on record: 5 filed by the company. 1 is pending.
Climaveneta Climate Technologies was incorporated on 13 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Climaveneta Climate Technologies has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹17.99 Cr; the latest was in March 2015.
The peers of Climaveneta Climate Technologies by revenue are Modine Thermal Systems Private Limited, Sidwal Refrigeration Industries Private Limited, KRN Heat Exchanger and Refrigeration Limited, Kruger Ventilation Industries (India) Private Limited, Citizen Industries Private Limited and 1 more, all in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Akshay Dev ceased to be Additional Director on 25 Sep 2025. Wataru Tsuruta ceased to be Additional Director on 25 Sep 2025. Wataru Tsuruta was appointed as Director on 11 Jun 2025. Climaveneta Climate Technologies has 17 board changes on record in total.
Yes, Climaveneta Climate Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0017682).
Climaveneta Climate Technologies has 10 MSME Form 1 returns on record between 2019 and 2023, listing 1,913 overdue payments to 118 micro and small suppliers. The latest return was filed on 08 Nov 2023.