Frascold India Private Limited

Frascold India Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U51505GJ2012PTC069836 Incorporated 12 April 2012 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹41.79 Cr
▲ 16% YoY
Net profit · FY 2025
₹2.76 Cr
Net margin 6.6%
EBITDA · FY 2025
₹4.08 Cr
EBITDA margin 9.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹44.25 Lakh
Satisfied ₹29 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
37
Provident fund records

About Frascold India Private Limited

Data last updated:

Frascold India Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Frascold Spa. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 12 April 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51505GJ2012PTC069836. Its GSTIN is 24AABCF9574G1ZH (Gujarat). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Massimo Nava and Giuseppe Galli.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 907 Titanium Square Thaltej Cross Road Thaltej, Ahmedabad, Gujarat, India – 380054.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.79 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.76 Cr (net margin 6.6%) and EBITDA of ₹4.08 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 24% over five years.

The company has about 37 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹44.25 Lakh and satisfied charges of ₹29 Lakh on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2012. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers.

Frascold India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0066063). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frascoldindia.com.

Company details

CIN U51505GJ2012PTC069836
Registration Number 069836
Incorporation Date 12 April 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Frascold Spa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0066063
Key People
Massimo Nava Director Giuseppe Galli Director Subhash Moolchand Agarwal Director

Recognitions & Rankings of Frascold India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0066063

Contact details

Frascold India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is frascoldindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    frascoldindia.com
  • Registered Address
    C – 907 Titanium Square Thaltej Cross Road Thaltej, Ahmedabad, Gujarat, India – 380054
  • Industry
    Machinery and Equipment, Industrial Compressors & Pneumatic Systems

To see the full contact details of Frascold India Private Limited, buy the company report.

Comprehensive company report
Frascold India 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 Frascold India is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Frascold India Private Limited, buy the company report.

Financials of Frascold India Private Limited

FY 2024 filings available

Frascold India Private Limited reported revenue of ₹41.79 Cr (up 16% YoY) for FY 2025.

Revenue · FY 2025
₹41.79 Cr ▲ 16%
Net profit · FY 2025
₹2.76 Cr margin 6.6%
EBITDA · FY 2025
₹4.08 Cr margin 9.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 35%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 23%
5 years · compounded
▲ 73%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 16% growth in the latest year. EBITDA rose 36% 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₹4.08 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.76 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 Margin9.8%
Net Profit Margin6.6%
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 Frascold India Private Limited, buy the company report.

Board of directors of Frascold India Private Limited

Frascold India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Massimo NavaDirector19 Feb 20242 Years 8 MonthsCurrent
Giuseppe Galli
Also directs: Frascold India Compressor Production Private Limited
Director10 May 201214 Years 5 MonthsCurrent
Subhash Moolchand Agarwal
Also directs: Everestt Chillers Private Limited, FX Multitech Limited
Director12 Apr 201214 Years 6 MonthsCurrent
Lamberto Luigi GuzzettiDirector10 May 201214 Years 5 MonthsCurrent
Selvaraj Rangaswamy
Also directs: Everestt Chillers Private Limited, FX Multitech Limited
Director12 Apr 201214 Years 6 MonthsCurrent
View all directors

Auditor

Frascold India Private Limited is audited by SINGHI & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SINGHI & CO.FY 2023302049E

Shareholding

The shareholding of Frascold India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Frascold India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹44.25 Lakh
Satisfied charges
₹29 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹0.44 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Nov 2024101002626Hdfc Bank Limited₹9.1 LakhOpen
29 Sep 2023100798743Hdfc Bank Limited₹35.15 LakhOpen
30 Mar 2022100561669Axis Bank Limited₹29 LakhSatisfied

To see the full charge records of Frascold India Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Frascold India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2012.

Total deals
1
Funding round
1
Disclosed funding
₹99 Lakh

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2012Funding round₹99 LakhInvestors: 3 individuals

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

MSME payment delays

Frascold India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Aakar Paints
Digicon Automation Private Limited

To see the full MSME payment records of Frascold India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Frascold India Private Limited has a workforce of 37 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
37
Active EPFO establishments
1

GST

Frascold India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
24AABCF9574G1ZHGujaratActive01 Jul 2017
24AABCF9574G2ZGGujaratActive27 May 2025
29AABCF9574G1Z7KarnatakaActive15 Oct 2019

To see the full GST registrations and return filing status of Frascold India Private Limited, buy the company report.

Recent activity

Frascold India Private Limited has 7 board changes on record since 2012: 5 appointments and 2 cessations. The latest: Massimo Nava was appointed as Director on 19 Feb 2024.

Charges
A charge registered on 30 Mar 2022 via Charge ID 100561669 with Axis Bank Limited was fully satisfied on 12 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101002626 was registered on 05 Nov 2024.
AGM
Frascold India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Frascold India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Massimo Nava was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100798743 was registered on 29 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100561669 was registered on 30 Mar 2022.
Ceased
Sergio Beggiato ceased to be Director.
Appointed
Giuseppe Galli was appointed as Director.
Appointed
Lamberto Luigi Guzzetti was appointed as Director.
Ceased
Subhash Moolchand Agarwal ceased to be Director.
Appointed
Selvaraj Rangaswamy was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Frascold India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 12 April 2012 (14+ years old) and is registered under CIN U51505GJ2012PTC069836.

Frascold India has 5 current directors:

The latest financial statements of Frascold India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Frascold India is 24AABCF9574G1ZH, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AABCF9574G2ZG (Gujarat), 29AABCF9574G1Z7 (Karnataka).

The CIN (Corporate Identification Number) of Frascold India is U51505GJ2012PTC069836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Frascold India has 1 court case on record: 1 filed against it.

Frascold India was incorporated on 12 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Frascold India has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2012.

Massimo Nava was appointed as Director on 19 Feb 2024. Sergio Beggiato ceased to be Director on 03 Apr 2018. Giuseppe Galli was appointed as Director on 10 May 2012. Frascold India has 7 board changes on record in total.

Yes, Frascold India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0066063).

Frascold India has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 21 Aug 2020.