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*Source: Third-party OTC market data. Not sourced from any recognised stock exchange. Accuracy and timeliness not guaranteed.
Disclaimer: Prices shown are indicative and subject to change without notice based on market availability. This information does not constitute financial advice.Last updated: 1 Jun 2026
Carrier Airconditioning & Refrigeration Limited is a leader in supplying high-technology heating, air-conditioning, and refrigeration solutions across Asia. The world-first electrical air conditioning system was invented by Willis Haviland Carrier in 1902. Therefore, Carrier was the first company to start Air Conditioning System Business. Not only this, India’s first air-conditioning system was installed by Carrier at Rambagh Palace in Jaipur in 1936. In India, Carrier Air-conditioning & Refrigeration Limited was established in 1986, and in the year 1988, the company’s first manufacturing facility was commissioned in Gurgaon, Haryana. The manufacturing facility covers 19 acres of area and consists highly automated manufacturing unit, an R&D center, and an advanced quality clinic. Currently, this facility manufactures cassettes, ducted splits, package units, air- and water-cooled screw chillers, air- and water-cooled reciprocating chillers, fan coil units, air handling units, refrigeration products, and fire & security products.
Carrier Airconditioning & Refrigeration Limited is an Indian HVAC and refrigeration company under Carrier Global Corporation. It manufactures and trades air-conditioning, commercial HVAC, VRF, applied chiller, refrigeration and related service solutions for residential, commercial, industrial and infrastructure customers.
| Outstanding Shares | 10,63,76,745 |
| Face Value | ₹10 Per Equity Share |
| ISIN | INE040I01011 |
| Reference Value | ₹510 |
| PAN Number | AAACC8414B |
| GST Number | 06AAACC8414B2Z7 |
| Registration Date | 07-06-1992 |
| Category / Sub-Category | Company Limited by Shares/ Subsidiary of a Foreign Company |
| Registered Office Address | Narsingpur, Kherki Daula Post, Delhi-Jaipur Highway, Gurugram, Narsinghpur, Haryana, 122004 |
| Registrar & Transfer Agent | MUFG INTIME INDIA PRIVATE LIMITED |
| Name & Description of Main Products/Services | NIC Code | % to Total Turnover |
|---|---|---|
| Manufacture, sale and servicing of air-conditioning, refrigeration and HVAC systems | 28191 | 100% |
| S.No. | Shareholder Name | No. of Shares | % of Total |
|---|---|---|---|
| 1 | Carrier Corporation, Delaware | 10,26,18,689 | 96.46% |
| 2 | Other shareholders / public | 37,58,056 | 3.54% |
| — | Total | 10,63,76,745 | 100% |
India's airconditioning and refrigeration market benefits from low AC penetration, rising urban incomes, hotter summers, infrastructure investment, data-center buildout, metro and airport projects, energy-efficiency regulation and Make-in-India localization. Growth is attractive but seasonal and exposed to input costs, project cycles, regulatory changes and competitive pricing from domestic and multinational HVAC players.
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