Share ownership Thermax Limited

THERMAX

INE152A01029

Industrial Machinery & Equipment

Market Closed - NSE India S.E. Other stock markets 05:19:47 11/12/2025 pm IST			5-day change	1st Jan Change
2,798.70 ^INR	+0.90%		-3.15%	-30.72%

10/12	Rashtriya Chemicals and Fertilizers got order to refund 2.18 billion rupees deposited by Thermax with 6% per annum interest rate	RE
09/12	Bombay High Court sets aside arbitral award against Thermax	RE

Share class: Thermax Limited

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	11,91,61,335	2,96,35,472 ( 24.87 %)	65,22,230 ( 5.473 %)	24.87 %

Major shareholders: Thermax Limited

Name	Equities	%	Valuation
RDA Holding & Trading Pvt Ltd. 53.99 %	6,43,28,500	53.99 %	2 101 M ₹
ARA Trusteeship Co. Pvt Ltd. 7.99 %	95,20,805	7.99 %	311 M ₹
SBI Funds Management Ltd. 7.645 %	91,09,584	7.645 %	297 M ₹
Nalanda Capital Pte Ltd. 5.134 %	61,18,073	5.134 %	200 M ₹
Kotak Mahindra Asset Management Co. Ltd. 2.442 %	29,10,196	2.442 %	95 M ₹
Kotak Mahindra Asset Management (Singapore) Pte Ltd. 1.558 %	18,56,180	1.558 %	61 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management) 0.6893 %	8,21,378	0.6893 %	27 M ₹
SBI Life Insurance Co. Ltd. (Investment Portfolio) 0.6783 %	8,08,233	0.6783 %	26 M ₹
Tata Asset Management Pvt Ltd. 0.4229 %	5,03,900	0.4229 %	16 M ₹
Aditya Birla Sun Life Insurance Co. Ltd. 0.2899 %	3,45,432	0.2899 %	11 M ₹
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Breakdown by shareholder type

Other	61.98%
Institutional	19.64%
Governments	0.12%
Individuals	0.01%
Unknown	18.25%

Based on 1000 largest holdings

Geographical origin of shareholders

India	74.81%
Singapore	6.69%
Ireland	0.09%
Sweden	0.07%
United Kingdom	0.04%
Norway	0.03%
Japan	0.01%
Individuals	0.01%

Based on 1000 largest holdings

Thermax Limited is an India-based energy and environment solutions provider. The Company's segments include Industrial Products, Industrial Infra, Green Solutions and Chemical. Industrial Products segment includes air pollution control, cooling, heating, water and waste solutions, and specialized services. Industrial Infra segment includes boilers and fired heaters, projects and energy solutions, and specialized services. Green Solutions segment includes build-own-operate, energy management solutions, green hydrogen projects and renewable energy (solar/wind). Chemical segment includes construction chemicals, ion exchange resins, oil field chemicals and performance chemicals. Its Thermax EDGE Live is a digital solution that uses AI and machine learning to analyze data from all industrial equipment worldwide and help clients to optimize asset performance in terms of up time and efficiency. It serves various industries, including aviation, construction, biotechnology and chemicals.

Employees

5,601

Sector

Industrial Machinery & Equipment

Calendar

10/02 - Q3 2026 Earnings Release (Projected)

More about the company