Polar Containers Private Limited

Manufacturer of plastic bottles and other household utility products under brand names 'Aquapet' and 'Lapet'.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Polar Containers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.25 Cr
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth -32.44%
  • Profit Growth -301.23%
  • Ebitda -76.63%
  • Net Worth -51.96%
  • Total Assets -3.61%

About Polar Containers

Polar Containers Private Limited (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 2006 and has a history of 19 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.25 Cr. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.

Kunal Jain and Jeetu Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polarcontainers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51495MH2006PTC158707

  • Company No.

    158707

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Packaging

Who are the key members and board of directors at Polar Containers?

Board Members (2)

NameDesignationAppointment DateStatus
Kunal Jain Country flag representing In Director 06-Jan-2006Current
Jeetu Jain Country flag representing In Director 06-Jan-2006Current

Financial Performance of Polar Containers.

Polar Containers Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.44% decrease. The company also saw a substantial fall in profitability, with a 301.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 51.96%.

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
-32.44%
Revenue from Operations
-32.32%
Total Assets
-3.61%
Profit or Loss
-301.23%
Net Worth
-51.96%
EBITDA
-76.63%

What is the Ownership and Shareholding Structure of Polar Containers?

In 2021, Polar Containers 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

₹22.50 M

Satisfied Charges

₹1.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 2020Others₹2.50 MOpen
16 Oct 2012Others₹2.00 CrOpen
06 May 2017Vijaya Bank₹1.17 MSatisfied
13 Feb 2013Vijaya Bank₹0.33 MSatisfied

How Many Employees Work at Polar Containers?

Unlock and access historical data on people associated with Polar Containers, 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 Polar Containers, 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 Polar Containers'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 Polar Containers

Recent activity within the organization

  • Annual General Meeting

    Polar Containers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Polar Containers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 06 May 2017 via Charge ID 100108909 with Vijaya Bank was fully satisfied on 06 May 2022.

    06 May 2022

  • Charges

    A charge registered on 13 Feb 2013 via Charge ID 10411818 with Vijaya Bank was fully satisfied on 06 May 2022.

    06 May 2022

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100363645 was registered on 22 Jul 2020.

    22 Jul 2020

  • Charges

    A charge with Vijaya Bank amounted to Rs. 1.17 M with Charge ID 100108909 was registered on 06 May 2017.

    06 May 2017

Frequently asked questions

  • Polar Containers Private Limited was incorporated on 06 Jan 2006.

  • The authorized share capital of Polar Containers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Polar Containers Private Limited.

    • Kunal Rakesh Jain
    • Jeetu Rakeshkumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polar Containers Private Limited is Fakhri Manzil 84 Sarang Street, 1St Floor India, Mumbai, Maharashtra, 400003.

  • The corporate identification number (CIN) of Polar Containers Private Limited is U51495MH2006PTC158707 and the company number is 158707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polar Containers Private Limited is https://www.polarcontainers.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Polar Containers Private Limited has fallen by -32.44%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Polar Containers Private Limited has experienced an downturn of -51.96%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Polar Containers Private Limited amount to ₹ 2.25 Cr.

  • The most recent Balance Sheet for Polar Containers Private Limited was filed with the ROC on 31 Mar 2024.