Polar Elektric Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 5.97 M
- Company Age 20 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 93.16 Cr
- Revenue Growth -58.23%
- Profit Growth -25651.90%
- Ebitda -301.38%
- Net Worth -94.79%
- Total Assets -67.09%
About Polar Elektric
Polar Elektric Limited (PEL) is a Public Limited Indian Non-Government Company incorporated in India on 23 December 2004 and has a history of 20 years and one month. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Consumer Electronics & Durables 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 7.50 M and a paid-up capital of Rs 5.97 M.
The company currently has active open charges totaling ₹93.16 Cr.
Ramesh Dhanuka, Kanishk Goyal, and Chandra Shekhar serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, 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
U31909WB2004PLC100818
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Company No.
100818
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
23 Dec 2004
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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 Kolkata
Industry
Who are the key members and board of directors at Polar Elektric?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Dhanuka
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Director | 10-Mar-2023 | Current |
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Kanishk Goyal
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Director | 25-Sep-2017 | Current |
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Chandra Shekhar
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Director | 25-Oct-2022 | Current |
Financial Performance of Polar Elektric.
Polar Elektric Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.23% decrease. The company also saw a substantial fall in profitability, with a 25651.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 94.79%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Polar Elektric?
In 2023, Polar Elektric had a promoter holding of 66.27% and a public holding of 33.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Vishva Electrotech LimitedKanishk Goyal is a mutual person
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Tenty Private LimitedKanishk Goyal is a mutual person
Charges (Loans)
₹931.64 M
₹0
Charges Breakdown by Lending Institutions
- Mr. Ashok Goyal : 88.25 Cr
- Others : 4.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2024 | Others | ₹4.91 Cr | Open |
| 25 Apr 2012 | Mr. Ashok Goyal | ₹88.25 Cr | Open |
How Many Employees Work at Polar Elektric?
Unlock and access historical data on people associated with Polar Elektric, 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 Polar Elektric, 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 Elektric'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.
