Thermal Energy Service Solutions Private Limited - Company Profile

It is a transport and logistics private limited company based in Rabale, Maharashtra, India, established in 2013.

2013 Rabale, Maharashtra, India Active

Last Updated: January 05, 2026

About Thermal Energy Service Solutions Private Limited

Thermal Energy Service Solutions Private Limited, a active private limited company, was established on 07 February 2013 in Rabale, Maharashtra, India. Engaging in cold storage & warehousing services within the manufacturing sector, it holds CIN: U29220MH2013PTC240243. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.54 M.

It upholds a compliant status. Employing 29 professional, Its leadership includes Puneet Jetli (Director), Rajat Gupta (Director), Anil Gudibande (Nominee Director). Past directors included Rustom Boman Irani, Ritu Verma, Puneet Jetli. It holds ₹8.94 Cr open charges and ₹2.11 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No R-511, Ttc Industrial Area,, Midc, Rabale, Navi Mumbai,, Rabale, Maharashtra, 400701.

Company Details

CIN/LLPIN
U29220MH2013PTC240243
Registration Number
240243
Incorporation Date
07 February 2013
Authorized Capital
₹1.50 M
Paid-Up Capital
₹0.54 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 M as on 05-01-2026
Paid Up Capital ₹ 0.54 M as on 05-01-2026
Company Age 13 Year, 9 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 8.94 Cr as on 05-01-2026
Satisfied Charges ₹ 2.11 Cr as on 05-01-2026
Revenue Growth **** 22.83% (FY 2023)
Profit Growth **** -217.84% (FY 2023)
Ebitda **** -291.34% (FY 2023)
Net Worth 419.09% (FY 2023)
Total Assets **** 145.80% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Thermal Energy Service Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Thermal Energy Service Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Puneet Jetli	Director	15 Jun 2022	Current
Rajat Gupta	Director	07 Feb 2013	Current
Anil Gudibande	Nominee Director	11 Aug 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	04 Oct 2016	Past
Pramod Abcsdd	Nominee Director	20 Apr 2018	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Nominee Director	27 Aug 2019	Past
Pramod Abcsdd	Director	19 Apr 2021	Past
Pramod Abcsdd	Nominee Director	04 Jul 2020	Past

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Financial Performance of Thermal Energy Service Solutions.

Thermal Energy Service Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.83% increase. The company also saw a substantial fall in profitability, with a 217.84% decrease in profit. The company's net worth Soared by an impressive increase of 419.09%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

22.83%

*******

Revenue from Operations

*******

21.71%

*******

Total Assets

*******

145.80%

*******

Profit or Loss

*******

-217.84%

*******

Net Worth

*******

419.09%

*******

EBITDA

*******

-291.34%

*******

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What is the Ownership and Shareholding Structure of Thermal Energy Service Solutions?

In 2023, Thermal Energy Service Solutions had a public holding of 87.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹89,400,000.00

Satisfied Charges

₹21,099,200.00

Charges Breakdown by Lending Institutions

Others : 8.94 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Nov 2025	Others	₹2.00 Cr	Open
27 Nov 2025	Others	₹1.44 Cr	Open
28 Aug 2025	Others	₹3.00 Cr	Open
04 Oct 2024	Others	₹2.50 Cr	Open
14 Feb 2024	Others	₹8.50 M	Satisfied

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How Many Employees Work at Thermal Energy Service Solutions?

Thermal Energy Service Solutions has a workforce of 29 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Thermal Energy Service Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Thermal Energy Service Solutions's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Thermal Energy Service Solutions

Recent Activity within the Organization

Charges

The activity A charge with Others amounted to Rs. 20.00 M with Charge ID 101198100 was registered on 27 Nov 2025. was completed.
27 Nov 2025
Charges

Progress on A charge with Others amounted to Rs. 14.40 M with Charge ID 101198101 was registered on 27 Nov 2025. was documented.
27 Nov 2025
Charges

A charge registered on 14 Feb 2024 via Charge ID 100878977 with Others was fully satisfied on 02 Sep 2025. was recorded as a recent event.
02 Sep 2025
Charges

A charge registered on 10 May 2023 via Charge ID 100720893 with Others was fully satisfied on 02 Sep 2025. was recorded as a recent event.
02 Sep 2025
Charges

The activity A charge registered on 27 Jul 2017 via Charge ID 100114175 with Dena Bank was fully satisfied on 02 Sep 2025. was completed.
02 Sep 2025
Annual General Meeting

Progress on Thermal Energy Service Solutions Private Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was documented.
29 Aug 2025

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