Maxcool Technologies (India) Private Limited
About Maxcool Technologies (India) Private Limited
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Maxcool Technologies (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 21 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29191MH2003PTC139656. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.67 Cr. It is led by directors Chetty Venkatakrishna Rao Gatham (Managing Director) and Sathakeerthi Gathamchetty.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at C – 6/1 T.T.C. Industrial Area Pawane Navi Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2017, the company reported a revenue of ₹36,728. For the same year it recorded a net loss of ₹1.03 Lakh (net margin -281.4%) and EBITDA of -₹81,747 (EBITDA margin -222.6%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹3.68 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressC – 6/1 T.T.C. Industrial Area Pawane Navi Mumbai, Maharashtra, India – 400709
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
- 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
- One PDF report, delivered after checkout
Financials of Maxcool Technologies (India) Private Limited FY 2017 filings available
Maxcool Technologies (India) Private Limited reported revenue of ₹36,728 for FY 2017.
Compounded Annual Growth Rate (CAGR) of Maxcool Technologies (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years. EBITDA rose 75% 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 of Maxcool Technologies (India) Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹36,728 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹81,747 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.03 Lakh | •••• | •••• |
| 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 of Maxcool Technologies (India) Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -222.6% | •••• | •••• |
| Net Profit Margin | -281.4% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maxcool Technologies (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maxcool Technologies (India) Private Limited
Maxcool Technologies (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VTS Ventus India Private Limited | ₹57,813 (FY 2023) | •••• | •••• | -90.0% | •••• | Bangalore, Karnataka, India |
| Zenith Machine Tools Private Limited | ₹49,045 (FY 2017) | •••• | •••• | -100.0% | •••• | Hubli, Karnataka, India |
| Shrisailaa Technologies Private Limited | ₹48,000 (FY 2024) | •••• | •••• | -78.0% | •••• | Thane, Maharashtra, India |
| Teamwork Services (Hvac) Private Limited | ₹46,018 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Therm Technology and Heat Transfer Private Limited | ₹43,936 (FY 2020) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Maxcool Technologies (India) Private Limited this company | ₹36,728 (FY 2017) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Volga Air Technics Limited | ₹27,215 (FY 2018) | •••• | •••• | -98.0% | •••• | Gujarat, India |
| Turbokopar Industries India Private Limited | ₹22,808 (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Globspec India Private Limited | ₹20,408 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Nipra Storage Systems Private Limited | ₹18,180 (FY 2025) | •••• | •••• | 17.0% | •••• | Indore, Madhya Pradesh, India |
| Alltemp Sustainable Refrigerants India Private Limited | ₹18,124 (FY 2025) | •••• | •••• | -94.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maxcool Technologies (India) by revenue in the Machinery and Equipment industry (Compressors), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maxcool Technologies (India) Private Limited
Maxcool Technologies (India) Private Limited is audited by AGRAWAL VIKASH & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGRAWAL VIKASH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maxcool Technologies (India) Private Limited
Maxcool Technologies (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathakeerthi Gathamchetty | Director | 09 Aug 2013 | 13 Years 2 Months | Current |
| Chetty Venkatakrishna Rao Gatham | Managing Director | 21 Mar 2003 | 23 Years 6 Months | Current |
Ownership and Shareholding of Maxcool Technologies (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maxcool Technologies (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2004 | State Bank of India | ₹20 Lakh | Open |
| 24 Jan 2004 | State Bank of India | ₹3.68 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Maxcool Technologies (India) Private Limited
Maxcool Technologies (India) Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dehradun, Uttarakhand | Criminal case | Filed against the company by Lloyd Electric and Engineering Ltd | Disposed |
| District court, Malerkotla, Punjab | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Lloyd Electric Engineering Ltd | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Maxcool Technologies (India) Private Limited
Employment history and EPFO contributions of people linked to Maxcool Technologies (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maxcool Technologies (India) Private Limited
Maxcool Technologies (India) Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Chetan Suresh Bapat ceased to be Director on 23 Aug 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maxcool Technologies (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maxcool Technologies (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maxcool Technologies (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maxcool Technologies (India) Private Limited
Maxcool Technologies (India) has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maxcool Technologies (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maxcool Technologies (India) Private Limited
Maxcool Technologies (India) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 21 March 2003 (23+ years old) and is registered under CIN U29191MH2003PTC139656.
Maxcool Technologies (India) reported revenue of ₹36,728 for FY 2017.
Maxcool Technologies (India) has 2 current directors:
- Chetty Venkatakrishna Rao Gatham - Managing Director
- Sathakeerthi Gathamchetty - Director
Maxcool Technologies (India) reported a net loss of ₹1.03 Lakh (net margin -281.4%) and EBITDA of -₹81,747 (EBITDA margin -222.6%) for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxcool Technologies (India) is -82% over three years. CAGR is the steady yearly rate that links the first and the last year.
No. Maxcool Technologies (India) has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Maxcool Technologies (India) is U29191MH2003PTC139656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxcool Technologies (India) has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
Maxcool Technologies (India) was incorporated on 21 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maxcool Technologies (India) by revenue are VTS Ventus India Private Limited, Zenith Machine Tools Private Limited, Shrisailaa Technologies Private Limited, Teamwork Services (Hvac) Private Limited, Therm Technology and Heat Transfer Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors).
Chetan Suresh Bapat ceased to be Director on 23 Aug 2021. Sathakeerthi Gathamchetty was appointed as Director on 09 Aug 2013. Sathakeerthi Gathamchetty ceased to be Director on 23 Jul 2013. Maxcool Technologies (India) has 6 board changes on record in total.