Thermotech Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 1.28 Cr
as on 05-07-2024
- Company Age 29 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.85 Cr
as on 05-07-2024
- Satisfied Charges ₹ 47.61 Cr
as on 05-07-2024
- Revenue 7.05%
(FY 2021)
- Profit -32.92%
(FY 2021)
- Ebitda 1248.49%
(FY 2021)
- Net Worth 2.54%
(FY 2021)
- Total Assets -5.74%
(FY 2021)
About Thermotech Systems
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.28 Cr.
The company currently has active open charges totaling ₹35.85 Cr. The company has closed loans amounting to ₹47.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajnikant Shah, Kinjal Shah, Mahendrabhai Shah, and Three other members serve as directors at the Company.
- CIN/LLPIN
U26933GJ1995PLC026596
- Company No.
026596
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Jul 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Thermotech Systems Limited offer?
Thermotech Systems Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Industrial Heaters, Heater & Heating Components, Thermic Fluid Heaters, Boilers & Boiler Parts, Hot Air Generator, Pollution Control Devices & Machines, Dust Collector Parts, Cooling Tower, Heat Exchanger, Parts, Heat Recovery System.
Who are the key members and board of directors at Thermotech Systems?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajnikant Shah  | Managing Director | 01-Jan-2011 | Current |
| Mahendrabhai Shah | Managing Director | 01-Apr-2010 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kinjal Shah | Whole-Time Director | 01-Apr-2008 | Current |
| Jigneshkumar Shah | Whole-Time Director | 01-Apr-2006 | Current |
| Rakeshkumar Shah | Whole-Time Director | 01-Apr-2005 | Current |
| Shrirang Shah | Whole-Time Director | 30-Nov-2021 | Current |
Financial Performance and Corporate Structure Insights of Thermotech Systems.
Thermotech Systems Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 7.05% increase. The company also saw a substantial fall in profitability, with a 32.92% decrease in profit. The company's net worth moved up by a moderate rise of 2.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Thermotech Systems?
In 2021, 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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 15 Jul 2022 | ₹6.15 M | Open |
Axis Bank Limited Creation Date: 15 Nov 2021 | ₹6.15 M | Open |
Axis Bank Limited Creation Date: 18 Dec 2020 | ₹17.31 Cr | Open |
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.
Deals i
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
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
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.
