ActivePune, MaharashtraSince 1980

Thermax Limited.

Set up in 1980 in Pune. It has pledged its assets against loans of up to ₹2,370 crore from 7 lenders.

CINL29299PN1980PLC022787

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46 years at a glance

Loans against its assets, and when today's people joined

Loan still openLoan paid offSomeone joined, and is still there

1980Registered as a company on 30 Jun 1980.
1999Its biggest loan against assets, ₹2,785 crore with Union Bank of India Limited, was paid off in 2021.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹2,370 crorein loans backed by its assets, from 7 lenders

ICICI Bank Limited₹520 crore
Open, taken out 15 Jun 2021
Citi Bank N.A.₹450 crore
Open, taken out 17 Mar 2021
Bank of Baroda₹330 crore
Open, taken out 15 Nov 2021
Union Bank of India Limited₹320 crore
Open, taken out 18 May 2021
Kotak Mahindra Bank Limited₹300 crore
Open, taken out 19 May 2021
Axis Bank Limited₹250 crore
Open, taken out 11 Feb 2025
The Hongkong and Shanghai Banking Corporation Limited₹200 crore
Open, taken out 24 May 2021

8 earlier loans, now paid off

Biotechnology Industry Research Assistance Council30 Sept 2010 to 4 Mar 2022₹28.69 lakh
Union Bank of India Limited5 Feb 1999 to 22 Dec 2021₹2,785 crore
Union Bank of India27 Jan 1998 to 18 Sept 2014₹15 lakh
Corporation Bank25 Feb 1997 to 12 Sept 2014₹2.6 crore
Union Bank of India14 Dec 1995 to 12 Jun 2007₹12.3 crore
Canara Bank10 Nov 1995 to 6 Jun 2007₹4.9 crore
Union Bank of India24 Sept 1990 to 25 Oct 2007₹13.52 lakh
Union Bank of India24 Sept 1990 to 12 Jun 2007₹6.66 lakh

What its filings add

Thermax Limited. files these with the registrar. Entiva fetches and reads them for you.

Every year · AOC-4
Revenue, profit and the balance sheet
Its financial statements, year by year.
Every year · MGT-7
Who owns it
Its shareholders, and how much each one owns.
Each loan · CHG-1
Each loan in detail
The terms, and which assets back each loan.
ChatGPT · Claude
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The details on this page come from public records, including MCA's register of companies as Entiva read it on 6 Oct 2026. Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.

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46 years at a glance

Who runs it

Who has lent to it

What its filings add

Revenue, profit and the balance sheet

Who owns it

Each loan in detail

Ask questions about them

Same line of business

Keep an eye on Thermax Limited.