- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0108975

About Ecofrost Technologies Private Limited
Data last updated:
Ecofrost Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Ecozen Solutions Private Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 08 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73100PN2012PTC242344. Its GSTIN is 27AADCE2474Q1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹38.7 Lakh and a paid-up capital of ₹36.3 Lakh. It is led by directors including Devendra Gupta and Vivek Pandey.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 901 Amar Tech Park, Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.28 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.88 Cr (net margin 5.6%) and EBITDA of ₹9.09 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 20% over five years.
The company has about 338 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ecofrost and Ecozen Solutions. As per MCA filings, the company has open charges of ₹25.5 Cr and satisfied charges of ₹51.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 11 deals on record (5 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹130.44 Cr; the latest was in July 2023. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Ace Furnaces Private Limited with revenue of ₹88.05 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2023, listing 247 overdue payments to 56 micro and small suppliers.
Ecofrost Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0108975). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecozensolutions.com.
Company details
CIN history
Ecofrost Technologies has one previous CIN (Corporate Identification Number): U73100MH2012PTC238602. The current CIN is U73100PN2012PTC242344, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100PN2012PTC242344 | Current |
| U73100MH2012PTC238602 | Previous |
Recognitions & Rankings of Ecofrost Technologies
Contact details
Ecofrost Technologies Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Apps
- Registered Address901 Amar Tech Park, Next To Mitcon College Balewadi, Pune, Maharashtra, India – 411045
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
Ecofrost Technologies operates two associated brands: Ecofrost and Ecozen Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions for solar power-based energy storage systems. | ecofrost.in | |
| Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | ecozensolutions.com |
Business activity
The main business activities of Ecofrost Technologies are manufacturing and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ecofrost Technologies Private Limited, buy the company report.
Financials of Ecofrost Technologies Private Limited
FY 2025 filings availableEcofrost Technologies Private Limited reported revenue of ₹87.28 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 98% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.09 Cr | ||||
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| Net Profit (PAT) | ₹4.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Ecofrost Technologies Private Limited, buy the company report.
Board of directors of Ecofrost Technologies Private Limited
Ecofrost Technologies has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bulusu Venkata Narasimham Also directs: Caspian Impact Investment Adviser Private Limited, GPS Renewables Private Limited, Finreach Solutions Private Limited and 1 more | Nominee Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Devendra Gupta Also directs: Ecozen Solutions Private Limited, Pragya Power Foundation | Director | 08 Dec 2012 | 13 Years 10 Months | Current |
| Rekha Natrajan Unnithan | Nominee Director | 24 Mar 2023 | 3 Years 6 Months | Current |
| Christopher Kelley Steinbaugh Also directs: Ecozen Solutions Private Limited | Nominee Director | 16 Aug 2023 | 3 Years 2 Months | Current |
| Vivek Pandey Also directs: Ecozen Solutions Private Limited, Pragya Power Foundation | Director | 08 Dec 2012 | 13 Years 10 Months | Current |
| Prateek Singhal | Director | 08 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Ecofrost Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Ace Furnaces Private Limited | ₹88.05 Cr (FY 2025) | 8.0% | Thane, Maharashtra, India | |||
| Bloom Combustion (India) Private Limited | ₹87.61 Cr (FY 2025) | 20.0% | Pune, Maharashtra, India | |||
| Ecofrost Technologies Private Limitedthis company | ₹87.28 Cr (FY 2024) | ₹4.88 Cr | 5.6% | -11.0% | Pune, Maharashtra, India | |
| Vishal Bearings Limited | ₹86.89 Cr (FY 2025) | -12.0% | Rajkot, Gujarat, India | |||
| Powerdrive Bearings Private Limited | ₹85.73 Cr (FY 2025) | 14.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ecofrost Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2024 | 101034096 | Others | ₹15 Cr | Open | |
| 28 Jun 2024 | 100952183 | Others | ₹4.5 Cr | Open | |
| 11 Jan 2024 | 100848033 | Others | ₹3 Cr | Open | |
| 11 Jan 2024 | 100848041 | Others | ₹3 Cr | Open | |
| 03 Mar 2023 | 100712728 | Others | ₹12 Cr | Satisfied |
To see the full charge records of Ecofrost Technologies Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Ecofrost Technologies Private Limited has 11 deals on record (5 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹130.44 Cr; the latest was in July 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Funding round | ₹69.06 Cr | Investors: Ecozen Solutions Private Limited |
| Mar 2023 | Funding round | ₹14 Cr | Investors: Ecozen Solutions Private Limited |
| Jan 2020 | Funding round | ₹12.23 Cr | Investors: Ecozen Solutions Private Limited |
| Apr 2015 | Funding round | ₹2 Cr | Investors: Ecozen Solutions Private Limited |
| Apr 2014 | Funding round | ₹15.3 Lakh | Investors: Ecozen Solutions Private Limited |
To see the full deal history of Ecofrost 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
Ecofrost Technologies Private Limited has 1 court case on record: 1 filed by Ecofrost Technologies. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Pioneer Agrotech Greens Private Ltd Etc and 2 others | Pending |
To see the full case history of Ecofrost 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
Ecofrost Technologies Private Limited has 16 MSME Form 1 returns on record between 2019 and 2023, listing 247 overdue payments to 56 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 56)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shogini Technoarts Pvt Ltd | |||
| Finekot Industries India Private Limited | |||
| an individual supplier | |||
| Kusuma Arts Pvt Ltd |
To see the full MSME payment records of Ecofrost Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ecofrost Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE2474Q1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ecofrost Technologies Private Limited, buy the company report.
Recent activity
Ecofrost Technologies Private Limited has 12 board changes on record since 2012: 8 appointments and 4 cessations. The latest: Jinesh Bharat Shah ceased to be Additional Director on 24 Sep 2025.
22 earlier events are in the company report.
News
Frequently asked questions
Ecofrost Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 08 December 2012 (14+ years old) and is registered under CIN U73100PN2012PTC242344.
Ecofrost Technologies has 8 current directors:
- Bulusu Venkata Narasimham - Nominee Director
- Devendra Gupta - Director
- Rekha Natrajan Unnithan - Nominee Director
- Christopher Kelley Steinbaugh - Nominee Director
- Vivek Pandey - Director
- Prateek Singhal - Director
- Subhadeep Sanyal - Nominee Director
- Jinesh Bharat Shah - Nominee Director
The latest financial statements of Ecofrost Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ecofrost Technologies is 27AADCE2474Q1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ecofrost Technologies is U73100PN2012PTC242344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecofrost Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Ecofrost Technologies was incorporated on 08 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Ecofrost Technologies has 11 deals on record (5 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹130.44 Cr; the latest was in July 2023.
The peers of Ecofrost Technologies by revenue are Ace Furnaces Private Limited, Bloom Combustion (India) Private Limited, Vishal Bearings Limited, Powerdrive Bearings Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jinesh Bharat Shah ceased to be Additional Director on 24 Sep 2025. Jinesh Bharat Shah was appointed as Nominee Director on 12 Aug 2025. Subhadeep Sanyal was appointed as Nominee Director on 28 Nov 2024. Ecofrost Technologies has 12 board changes on record in total.
Yes, Ecofrost Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0108975).
Ecofrost Technologies has 16 MSME Form 1 returns on record between 2019 and 2023, listing 247 overdue payments to 56 micro and small suppliers. The latest return was filed on 17 Jan 2024.