Polar Gases Private Limited

Provides refrigerants to various clients, incorporated in 2010, based in Mumbai.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: January 06, 2025

Polar Gases Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 M
  • Satisfied Charges ₹ 0.25 M
  • Revenue Growth -10.64%
  • Profit Growth -101.44%
  • Ebitda -60.10%
  • Net Worth -0.08%
  • Total Assets -7.89%

About Polar Gases

Polar Gases Private Limited (PGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 2010 and has a history of 14 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 M. The company has closed loans amounting to ₹0.25 M, as per Ministry of Corporate Affairs (MCA) records.

Cynthia Dwouza, Exalt Dsouza, and Vishal Kewalramani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polargases.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40200MH2010PTC206011

  • Company No.

    206011

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

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

Board Members (3)

NameDesignationAppointment DateStatus
Cynthia Dwouza Country flag representing In Director 27-Jul-2010Current
Exalt Dsouza Country flag representing In Director 27-Jul-2010Current
Vishal Kewalramani Country flag representing In Director 01-Jan-2011Current

Financial Performance of Polar Gases.

Polar Gases Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 10.64% decrease. The company also saw a substantial fall in profitability, with a 101.44% decrease in profit. The company's net worth dipped by a decrease of 0.08%.

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
-10.64%
Revenue from Operations
-11.57%
Total Assets
-7.89%
Profit or Loss
-101.44%
Net Worth
-0.08%
EBITDA
-60.10%

What is the Ownership and Shareholding Structure of Polar Gases?

In 2020, Polar Gases had a promoter holding of 55.00% and a public holding of 45.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.50 M

Satisfied Charges

₹0.25 M

Charges Breakdown by Lending Institutions

  • Citizencredit Co-Operative Bank Ltd.-Chembur Branch : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2011Citizencredit Co-Operative Bank Ltd.-Chembur Branch₹2.50 MOpen
01 Feb 2012Citizencredit Co-Operative Bank Ltd.-Chembur Branch₹0.25 MSatisfied

How Many Employees Work at Polar Gases?

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

Recent activity within the organization

  • Annual General Meeting

    Polar Gases 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 Gases 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 01 Feb 2012 via Charge ID 10336901 with Citizencredit Co-Operative Bank Ltd.-Chembur Branch was fully satisfied on 02 Feb 2016.

    02 Feb 2016

  • Charges

    A charge with Citizencredit Co-Operative Bank Ltd.-Chembur Branch of Rs. 2.50 M registered on 11 Mar 2011 with Charge ID 10277079 was modified on 22 Jun 2015.

    22 Jun 2015

  • Charges

    A charge with Citizencredit Co-Operative Bank Ltd.-Chembur Branch amounted to Rs. 0.25 M with Charge ID 10336901 was registered on 01 Feb 2012.

    01 Feb 2012

  • Charges

    A charge with Citizencredit Co-Operative Bank Ltd.-Chembur Branch amounted to Rs. 2.50 M with Charge ID 10277079 was registered on 11 Mar 2011.

    11 Mar 2011

Frequently asked questions

  • Polar Gases Private Limited was incorporated on 27 Jul 2010.

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

  • Currently 3 directors are associated with Polar Gases Private Limited.

    • Cynthia Exalt Dwouza
    • Exalt Frensis Dsouza
    • Vishal Trilok Kewalramani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polar Gases Private Limited is Gala T-20 Ground Floor Old Hospital Compound Dr. C.G.Road Chembur Colony, Chembur India, Mumbai, Maharashtra, 400074.

  • The corporate identification number (CIN) of Polar Gases Private Limited is U40200MH2010PTC206011 and the company number is 206011 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polar Gases Private Limited is https://www.polargases.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Polar Gases Private Limited has fallen by -10.64%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Polar Gases Private Limited has experienced an downturn of -0.08%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Polar Gases Private Limited amount to ₹ 2.50 M.

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

People also Viewed

Similar Companies Based on Industrial Products Retail & Distribution