Thermotech Systems Limited - Company Profile

It is a machinery and equipment public limited company based in Ahmedadad, Gujarat, India, established in 1995.
1995 Ahmedadad, Gujarat, India Active
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About Thermotech Systems Limited

Thermotech Systems Limited, a active public limited company, was established on 04 July 1995 in Ahmedadad, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U26933GJ1995PLC026596. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.28 Cr.

It upholds a compliant status. Employing 70 professional, Its leadership includes Jigneshkumar Mahendrabhai Shah (Whole-Time Director), Rajnikant Jethalal Shah (Managing Director), Shrirang Rakeshkumar Shah (Whole-Time Director). Past directors included Jigneshkumar Mahendrabhai Shah, Shrirang Rakeshkumar Shah, Rakeshkumar Kanubhai Shah. It holds ₹42.15 Cr open charges and ₹47.61 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 2608,Phase 4 ,Gidc Vatava, Ahmedadad, Gujarat, 382445.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U26933GJ1995PLC026596

  • Registration Number

    026596

  • Incorporation Date

    04 July 1995

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.28 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.28 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 42.15 Cr
  • Satisfied Charges ₹ 47.61 Cr
  • Revenue Growth **** 85.02%
  • Profit Growth **** 172.63%
  • Ebitda **** -40.51%
  • Net Worth 6.75%
  • Total Assets **** 39.15%
Company report

Thermotech Systems Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Thermotech Systems 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 Thermotech Systems Limited?
Current Directors
Name Designation Appointment Date Status
Jigneshkumar Mahendrabhai Shah Whole-Time Director 01 Apr 2006 Current
Rajnikant Jethalal Shah Managing Director 01 Jan 2011 Current
Shrirang Rakeshkumar Shah Whole-Time Director 30 Nov 2021 Current
Rakeshkumar Kanubhai Shah Whole-Time Director 01 Apr 2005 Current
Kinjal Rajnibhai Shah Whole-Time Director 01 Apr 2008 Current
Mahendrabhai Chandulal Shah Managing Director 01 Apr 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2008 Past
Pramod Abcsdd Director 29 Sep 2023 Past
Pramod Abcsdd Whole-Time Director 01 Sep 2008 Past
Pramod Abcsdd Managing Director 17 Aug 2023 Past
Pramod Abcsdd Director 01 Apr 2008 Past

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Financial Performance of Thermotech Systems.

Thermotech Systems Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 85.02% increase. The company also saw a substantial improvement in profitability, with a 172.63% increase in profit. The company's net worth moved up by a moderate rise of 6.75%.

Thermotech Systems revenue growth over time
Thermotech Systems profit and loss trends over time
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
  • 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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 85.02%
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*******
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Revenue from Operations
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 87.78%
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*******
*******
*******
Total Assets
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 39.15%
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*******
*******
*******
Profit or Loss
*******
 172.63%
*******
*******
*******
*******
Net Worth
*******
 6.75%
*******
*******
*******
*******
EBITDA
*******
 -40.51%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Thermotech Systems?

In 2023, Thermotech Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹421,542,000.00

Satisfied Charges

₹476,100,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 41.70 Cr
  • Sidbi : 0.46 Cr
Latest Charge Details
Date Lender Amount Status
27 Jun 2025 Sidbi ₹4.55 M Open
15 Jul 2022 Axis Bank Limited ₹6.15 M Open
15 Nov 2021 Axis Bank Limited ₹6.15 M Open
18 Dec 2020 Axis Bank Limited ₹23.16 Cr Open
31 Jan 2020 Axis Bank Limited ₹17.31 Cr Open

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How Many Employees Work at Thermotech Systems?

Thermotech Systems has a workforce of 70 employees as of Apr 04, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thermotech Systems, 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 Thermotech Systems's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Thermotech Systems
Recent Activity within the Organization
  • Charges

    Progress on A charge with Sidbi amounted to Rs. 0.46 Cr with Charge ID 101118343 was registered on 27 Jun 2025. was documented.

  • Charges

    A charge with Axis Bank Limited of Rs. 23.16 Cr registered on 18 Dec 2020 with Charge ID 100397229 was modified on 20 Feb 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Thermotech Systems Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Thermotech Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 0.62 Cr with Charge ID 100599095 was registered on 15 Jul 2022. was documented.

  • Director Appointment

    Shrirang Rakeshkumar Shah was appointed as a Whole-time director was appointed as a Whole-time director on 30 Nov 2021 & has been associated with this company since 4 years 2 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Thermotech Systems Limited?

The CIN of Thermotech Systems Limited is U26933GJ1995PLC026596.

Where is Thermotech Systems Limited headquartered?

Thermotech Systems Limited is headquartered at Plot No 2608,Phase 4 ,Gidc Vatava, Ahmedadad, Gujarat, 382445.

When was Thermotech Systems Limited incorporated?

Thermotech Systems Limited was incorporated on 04 July 1995.

Who are the current directors of Thermotech Systems Limited?

The current directors of Thermotech Systems Limited are

What is the primary industry of Thermotech Systems Limited?

The primary industry of Thermotech Systems Limited is Manufacturing.

Is Thermotech Systems Limited a listed company?

Thermotech Systems Limited is unlisted.

What is the capital structure of Thermotech Systems Limited?

The authorized capital of Thermotech Systems Limited is ₹2.00 Cr, and the paid-up capital is ₹1.28 Cr.

What is the compliance status of Thermotech Systems Limited?

The compliance status of Thermotech Systems Limited is Compliant.

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