MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-28-0004290
Frigel Intelligent Cooling Systems India Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.17 Cr
▲ 1% YoY
Net profit · FY 2025
₹1.03 Cr
Net margin 2.4%
EBITDA · FY 2025
₹3.58 Cr
EBITDA margin 8.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹18.5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
37
Provident fund records
About Frigel Intelligent Cooling Systems India Private Limited
Data last updated:
Frigel Intelligent Cooling Systems India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Matsui Technologies India Limited. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 05 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29305DL2018PTC330269. Its GSTIN is 09AADCF3238P1Z7 (Uttar Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Orindo Dorin and Vishal Swarupshyam Kabadi.
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 2nd Floor F – 7 Block B – 1 Mohan Co Operative Industrial Estate, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.17 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 2.4%) and EBITDA of ₹3.58 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 48% 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 ₹18.5 Cr on record.
Frigel Intelligent Cooling Systems India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0004290). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frigel.com.
Company details
CIN U29305DL2018PTC330269
Registration Number 330269
Incorporation Date 05 March 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Parent Company Matsui Technologies India Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0004290
Recognitions & Rankings of Frigel Intelligent Cooling Systems India
Contact details
Frigel Intelligent Cooling Systems India Private Limited's registered office is in New Delhi, Delhi. Its website is frigel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor F – 7 Block B – 1 Mohan Co Operative Industrial Estate, New Delhi, Delhi, India – 110044
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
Comprehensive company report
Frigel Intelligent Cooling Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Frigel Intelligent Cooling Systems India 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 Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
Financials of Frigel Intelligent Cooling Systems India Private Limited
FY 2025 filings availableFrigel Intelligent Cooling Systems India Private Limited reported revenue of ₹43.17 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹43.17 Cr ▲ 1%
Net profit · FY 2025
₹1.03 Cr margin 2.4%
EBITDA · FY 2025
₹3.58 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 57%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 157%
5 years · compounded
▲ 70%
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 1% growth in the latest year. EBITDA fell 33% 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 | ₹3.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
Board of directors of Frigel Intelligent Cooling Systems India Private Limited
Frigel Intelligent Cooling Systems India has 4 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 |
|---|---|---|---|---|
| Orindo Dorin | Director | 04 Dec 2024 | 1 Years 11 Months | Current |
| Vishal Swarupshyam Kabadi Also directs: Motherson Electro Components Limited, Motherson Electronic Components Private Limited, Matsui Technologies India Limited and 5 more | Director | 23 Oct 2023 | 3 Years 0 Months | Current |
| Shin Ando Also directs: Matsui Technologies India Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Emanuele Barbagli | Director | 10 Mar 2022 | 4 Years 8 Months | Current |
Peer comparison
Frigel Intelligent Cooling Systems India Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Frizair Private Limited (Part IX) | ₹44.16 Cr (FY 2023) | -31.0% | Hyderabad, Telangana, India | |||
| Frigel Intelligent Cooling Systems India Private Limitedthis company | ₹43.17 Cr (FY 2025) | ₹1.03 Cr | 2.4% | 1.0% | 37 | New Delhi, Delhi, India |
| Hoerbiger India Serial Technology Private Limited | ₹43.16 Cr (FY 2017) | 16.0% | Pune, Maharashtra, India | |||
| Ekaggo Air Tech Private Limited | ₹40.25 Cr (FY 2025) | -30.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
Auditor
Frigel Intelligent Cooling Systems India Private Limited is audited by R K Khanna & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K Khanna & Co. | FY 2023 | 000033N |
Shareholding
The shareholding of Frigel Intelligent Cooling Systems 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 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 Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2020 | 100319634 | Others | ₹18.5 Cr | Open |
To see the full charge records of Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Frigel Intelligent Cooling Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Frigel Intelligent Cooling Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Frigel Intelligent Cooling Systems India Private Limited has a workforce of 37 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
23.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 37 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
GST
Frigel Intelligent Cooling Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCF3238P1Z7 | Uttar Pradesh | Active | 23 May 2018 |
To see the full GST registrations and return filing status of Frigel Intelligent Cooling Systems India Private Limited, buy the company report.
Recent activity
Frigel Intelligent Cooling Systems India Private Limited has 13 board changes on record since 2018: 4 appointments and 9 cessations. The latest: Orindo Dorin was appointed as Director on 04 Dec 2024.
AGM
Frigel Intelligent Cooling Systems India Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 18.50 Cr registered on 09 Jan 2020 with Charge ID 100319634 was modified on 27 Jun 2025.
Filing
Frigel Intelligent Cooling Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Orindo Dorin was appointed as Director.
Ceased
Shin Ando ceased to be Additional Director.
Ceased
Vishal Swarupshyam Kabadi ceased to be Additional Director.
Appointed
Shin Ando was appointed as Director.
Ceased
Masakazu Takano ceased to be Director.
Ceased
Ajay Bahl ceased to be Director.
Appointed
Vishal Swarupshyam Kabadi was appointed as Director.
Ceased
Mauro Dentesano ceased to be Additional Director.
Ceased
Emanuele Barbagli ceased to be Additional Director.
6 earlier events are in the company report.
Frequently asked questions
Frigel Intelligent Cooling Systems India is an active private limited company based in New Delhi, Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 05 March 2018 (8+ years old) and is registered under CIN U29305DL2018PTC330269.
Frigel Intelligent Cooling Systems India has 4 current directors:
- Orindo Dorin - Director
- Vishal Swarupshyam Kabadi - Director
- Shin Ando - Director
- Emanuele Barbagli - Director
The latest financial statements of Frigel Intelligent Cooling Systems India 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 2018 are in the company report.
The GSTIN of Frigel Intelligent Cooling Systems India is 09AADCF3238P1Z7, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Frigel Intelligent Cooling Systems India is U29305DL2018PTC330269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frigel Intelligent Cooling Systems India was incorporated on 05 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Frigel Intelligent Cooling Systems India by revenue are Frizair Private Limited (Part IX), Hoerbiger India Serial Technology Private Limited, Ekaggo Air Tech Private Limited, 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).
Orindo Dorin was appointed as Director on 04 Dec 2024. Shin Ando ceased to be Additional Director on 01 Sep 2024. Vishal Swarupshyam Kabadi ceased to be Additional Director on 01 Sep 2024. Frigel Intelligent Cooling Systems India has 13 board changes on record in total.
Yes, Frigel Intelligent Cooling Systems India is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0004290).
Frigel Intelligent Cooling Systems India can be reached through the website frigel.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Frigel Intelligent Cooling Systems India is at 2nd Floor F – 7 Block B – 1 Mohan Co Operative Industrial Estate, New Delhi, Delhi, India – 110044.
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