Polad Finance Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 0.62 M
- Company Age 41 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.90 Cr
- Revenue Growth %
- Profit Growth 98.30%
- Ebitda 99.13%
- Net Worth -9.53%
- Total Assets -42.21%
About Polad Finance
Polad Finance Ltd (PFL) is a Public Limited Indian Non-Government Company incorporated in India on 20 June 1983 and has a history of 41 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.
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.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65910GJ1983PLC006307
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Company No.
006307
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Jun 1983
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Polad Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Somaiya
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Director | 01-Mar-2001 | Current |
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Ashok Vithalani
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Director | 11-Apr-1994 | Current |
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Dharmesh Somaiya
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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%.
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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.
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Ims Workforce Solutions Private Limited
Amit Somaiya and Ashok Vithalani are mutual person
Charges (Loans)
₹39.00 M
₹0
Charges Breakdown by Lending Institutions
- Union Bank Of India : 3.40 Cr
- The Federal Babk Ltd. : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 1999 | Union Bank Of India | ₹3.40 Cr | Open |
| 26 Mar 1997 | The Federal Babk Ltd. | ₹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
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Alerts
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