Pola Car Rentals Private Limited

Offers reliable and secure car rental services with verified drivers and 24/7 customer support.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: January 04, 2025

Pola Car Rentals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 1.33 Cr
  • Revenue Growth -78.33%
  • Profit Growth -1492.44%
  • Ebitda -110.69%
  • Net Worth -148.64%
  • Total Assets -25.19%

About Pola Car Rentals

Pola Car Rentals Private Limited (PCRPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 March 2014 and has a history of Ten years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.33 Cr.

Chandrasekhar Gangadharappa and Bangalore Manjunath serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63040KA2014PTC073990

  • Company No.

    073990

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 2014

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

Who are the key members and board of directors at Pola Car Rentals?

Board Members (2)

Name Designation Appointment Date Status
Chandrasekhar Gangadharappa Country flag representing In Director 05-Nov-2019 Current
Bangalore Manjunath Country flag representing In Director 05-Nov-2019 Current

Financial Performance of Pola Car Rentals.

Pola Car Rentals Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 78.33% decrease. The company also saw a substantial fall in profitability, with a 1492.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 148.64%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-78.33%
Revenue from Operations
-78.43%
Total Assets
-25.19%
Profit or Loss
-1492.44%
Net Worth
-148.64%
EBITDA
-110.69%

What is the Ownership and Shareholding Structure of Pola Car Rentals?

In 2021, Pola Car Rentals 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 Indicator graph

Charges (Loans)

Open Charges

₹13.26 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.13 Cr
  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
09 Nov 2019 Others ₹1.95 M Open
23 Aug 2017 Canara Bank ₹1.64 M Open
01 Oct 2016 Canara Bank ₹2.17 M Open
03 Oct 2015 Canara Bank ₹7.50 M Open

How Many Employees Work at Pola Car Rentals?

Unlock and access historical data on people associated with Pola Car Rentals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pola Car Rentals, 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 Pola Car Rentals'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.

Latest Updates, News, and FAQs on Pola Car Rentals

Recent activity within the organization

  • Annual General Meeting

    Pola Car Rentals Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Pola Car Rentals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 1.95 M with Charge ID 100318662 was registered on 09 Nov 2019.

    09 Nov 2019

  • Director Appointment

    Chandrasekhar Gangadharappa was appointed as a Director was appointed as a Director on 05 Nov 2019 & has been associated with this company since 5 years 3 months .

    05 Nov 2019

  • Director Appointment

    Bangalore Shiva Kumar Manjunath was appointed as a Director was appointed as a Director on 05 Nov 2019 & has been associated with this company since 5 years 3 months .

    05 Nov 2019

  • Charges

    A charge with Canara Bank of Rs. 7.50 M registered on 03 Oct 2015 with Charge ID 10600602 was modified on 01 Feb 2019.

    01 Feb 2019

Frequently asked questions

  • Pola Car Rentals Private Limited was incorporated on 06 Mar 2014.

  • The authorized share capital of Pola Car Rentals Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Pola Car Rentals Private Limited.

    • Chandrasekhar Gangadharappa
    • Bangalore Shiva Kumar Manjunath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pola Car Rentals Private Limited is No 62 35Th Main Road Btm 2Nd Stage India, Bangalore, Karnataka, 560068.

  • The corporate identification number (CIN) of Pola Car Rentals Private Limited is U63040KA2014PTC073990 and the company number is 073990 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pola Car Rentals Private Limited is https://www.airporttaxibengaluru.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Pola Car Rentals Private Limited has fallen by -78.33%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Pola Car Rentals Private Limited has experienced an downturn of -148.64%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Pola Car Rentals Private Limited amount to ₹ 1.33 Cr.

  • The most recent Balance Sheet for Pola Car Rentals Private Limited was filed with the ROC on 31 Mar 2022.