Polad Finance Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 17-07-2024
- Paid Up Capital ₹ 0.62 M
as on 17-07-2024
- Company Age 41 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.90 Cr
as on 17-07-2024
- Revenue %
(FY 2023)
- Profit 98.30%
(FY 2023)
- Ebitda 99.13%
(FY 2023)
- Net Worth -9.53%
(FY 2023)
- Total Assets -42.21%
(FY 2023)
About Polad Finance
The Company is engaged in the Financial Services 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 5.00 M and a paid-up capital of Rs 0.62 M.
The company currently has active open charges totaling ₹3.90 Cr.
Amit Somaiya, Ashok Vithalani, and Dharmesh Somaiya serve as directors at the Company.
- CIN/LLPIN
U65910GJ1983PLC006307
- Company No.
006307
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jun 1983
- 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-
Who are the key members and board of directors at Polad Finance?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Somaiya  | Director | 01-Mar-2001 | Current |
| Ashok Vithalani | Director | 11-Apr-1994 | Current |
| Dharmesh Somaiya | Director | 12-Oct-1988 | Current |
Financial Performance of Polad Finance.
Polad Finance Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 98.3% increase in profit. The company's net worth dipped by a decrease of 9.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Polad Finance?
In 2023, Polad Finance 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)
Interactive Manpower Solutions Private LimitedActive 18 years 9 monthsAmit Somaiya and Ashok Vithalani are mutual person
People Possible FoundationActive 7 years 8 monthsAmit Somaiya, Ashok Vithalani and 1 more are mutual person
Ims Oneworld Private LimitedActive 4 years 6 monthsAmit Somaiya and Ashok Vithalani are mutual person
Aaa It Solutions Private LimitedActive 18 years 9 monthsAmit Somaiya and Ashok Vithalani are mutual person
- Ims Workforce Solutions Private LimitedActive 4 years 10 months
Amit Somaiya and Ashok Vithalani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Union Bank Of India Creation Date: 30 Oct 1999 | ₹3.40 Cr | Open |
The Federal Babk Ltd. Creation Date: 26 Mar 1997 | ₹5.00 M | Open |
How Many Employees Work at Polad Finance?
Unlock and access historical data on people associated with Polad Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polad Finance, 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 Polad Finance'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.
