Thermax Cooling Solutions Limited - Company Profile

It is a machinery and equipment public limited company based in Pune, Maharashtra, India, established in 2009.

2009 Pune, Maharashtra, India Active

Last Updated: December 27, 2025

About Thermax Cooling Solutions Limited

Thermax Cooling Solutions Limited, a active public limited company, was established on 06 October 2009 in Pune, Maharashtra, India. Engaging in industrial machinery manufacturing within the trade sector, it holds CIN: U74909PN2009PLC134761. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹10.00 Cr.

Formerly known as Thermax Spx Energy Technologies Limited. It upholds a compliant status. Employing 15 professional, Its leadership includes Kirtiraj Rajendra Jilkar (Director), Sandeep Prabhakar Deshpande (Director), Sandeep Khemraj Raut (Director). Past directors included Pheroz Pudumjee Naswanjee, Shailesh Chandrakrishna Wani, Eugene Joseph Lowe Iii. It holds no open charges and ₹8.00 Cr settled loans. Its latest AGM occurred on 21 July 2025, with the balance sheet filed on 31 March 2025. It is based at Thermax House, 14, Mumbai Pune Road, Wakdewadi,, Pune, Maharashtra, 411003.

Company Details

CIN/LLPIN
U74909PN2009PLC134761
Registration Number
134761
Incorporation Date
06 October 2009
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹10.00 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 27-12-2025
Paid Up Capital ₹ 10.00 Cr as on 27-12-2025
Company Age 16 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 8.00 Cr as on 27-12-2025

Comprehensive Company Insights

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

Access Report

Who are the key members and board of directors at Thermax Cooling Solutions Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kirtiraj Rajendra Jilkar	Director	28 Jul 2022	Current
Sandeep Prabhakar Deshpande	Director	03 Nov 2022	Current
Sandeep Khemraj Raut	Director	26 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	10 Jan 2017	Past
Pramod Abcsdd	Alternate Director	16 Jan 2013	Past
Pramod Abcsdd	Additional Director	15 Jul 2013	Past
Pramod Abcsdd	Director	01 Mar 2013	Past
Pramod Abcsdd	Ceo(Kmp)	03 May 2021	Past
Pramod Abcsdd	Additional Director	20 Sep 2021	Past

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Financial Performance of Thermax Cooling Solutions.

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

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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Thermax Cooling Solutions?

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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

₹0

Satisfied Charges

₹80,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 8.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Mar 2010	Axis Bank Limited	₹8.00 Cr	Satisfied

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How Many Employees Work at Thermax Cooling Solutions?

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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 Thermax Cooling 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 Thermax Cooling Solutions's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Thermax Cooling Solutions

Recent Activity within the Organization

Annual General Meeting

Thermax Cooling Solutions Limited last Annual general meeting of members was held on 21 Jul 2025 as per latest MCA records. was recorded as a recent event.
21 Jul 2025
Balance Sheet

Progress on Thermax Cooling Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.
31 Mar 2025
Director Appointment

Progress on Sandeep Khemraj Raut was appointed as a Director was appointed as a Director on 26 Mar 2025 & has been associated with this company since 10 months 17 days . was documented.
26 Mar 2025
Director Appointment

The activity Shubham Suresh Gholap was appointed as a Cfo was appointed as a Cfo on 21 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.
21 Aug 2024
Director Appointment

Progress on Karan Ajit Parakh was appointed as a Company Secretary was appointed as a Company Secretary on 02 Feb 2023 & has been associated with this company since 3 years 9 days . was documented.
02 Feb 2023
Director Appointment

The activity Sandeep Prabhakar Deshpande was appointed as a Director was appointed as a Director on 03 Nov 2022 & has been associated with this company since 3 years 3 months . was completed.
03 Nov 2022

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