
About Thermo King India Private Limited
Data last updated:
Thermo King India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Thermo King Corporation. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 26 July 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U51432KA2001PTC042359. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹27.15 Cr and a paid-up capital of ₹27.15 Cr. It was led by directors Kishor Balu Patil and Upasana Prasad.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 8th Floor Tower D Ibc Knowledge Park No. 4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.07 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Cr and EBITDA of -₹52.67 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 72% over three years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is ingersollrand.co.in.
Company details
CIN history
Thermo King India has one previous CIN (Corporate Identification Number): U51432MH2001PTC132882. The current CIN is U51432KA2001PTC042359, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51432KA2001PTC042359 | Current |
| U51432MH2001PTC132882 | Previous |
Contact details
Thermo King India Private Limited's registered office is in Bangalore, Karnataka. Its website is ingersollrand.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Tower D Ibc Knowledge Park No. 4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Thermo King India Private Limited, buy the company report.
- 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
Financials of Thermo King India Private Limited
FY 2023 filings availableThermo King India Private Limited reported revenue of ₹2.07 Lakh (down 77% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over three years, including a 77% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.07 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹52.67 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.26 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Thermo King India Private Limited, buy the company report.
Board of directors of Thermo King India Private Limited
Thermo King India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upasana Prasad | Additional Director | 28 Sep 2023 | 3 Years 1 Months | As last reported |
| Kishor Balu Patil Also directs: Trane Technologies India Private Limited | Director | 13 Feb 2020 | 6 Years 8 Months | As last reported |
Auditor
Thermo King India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2017 | 012754N/50 |
Shareholding
The shareholding of Thermo King India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thermo King India Private Limited, buy the company report.
Legal cases
Thermo King India Private Limited has 2 court cases on record: 2 filed by Thermo King India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Company petition | Filed by the company against Heritage Foods (India) Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Thermo King India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thermo King India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thermo King India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Thermo King India has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Thermo King India Private Limited, buy the company report.
Recent activity
Thermo King India Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Upasana Prasad was appointed as Additional Director on 28 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Thermo King India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Thermo King India was a private limited company based in Bangalore, Karnataka, India. The company worked in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 26 July 2001 and is registered under CIN U51432KA2001PTC042359. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Thermo King India was incorporated on 26 July 2001. It is registered with the Registrar of Companies, Bangalore.
Thermo King India had 2 directors:
- Upasana Prasad - Additional Director
- Kishor Balu Patil - Director
The CIN (Corporate Identification Number) of Thermo King India is U51432KA2001PTC042359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Thermo King India is at 8th Floor Tower D Ibc Knowledge Park No. 41 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
Thermo King India can be reached through the website ingersollrand.co.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Thermo King India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
No. Thermo King India has 7 GST registrations on record and all of them are cancelled or inactive.
Thermo King India operated in the machinery and equipment industry, in the industrial compressors and pneumatic systems segment.

