Polar Industries Ltd Company Logo

Polar Industries Ltd - Company Profile

It is a consumer electronics & durables public limited company based in Kolkata, West Bengal, India, established in 1982.

1982 | Kolkata, West Bengal, India | Active
Last Updated:

About Polar Industries Ltd

Polar Industries Ltd, a active public limited company, was established on 19 June 1982 in Kolkata, West Bengal, India. Engaging in electronics manufacturing within the consumer electronics & durables sector, it holds CIN: U29303WB1982PLC034996. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹28.00 Cr and a paid-up capital of ₹21.45 Cr.

It upholds a active non-compliant status. Its leadership includes Sunil Agarwal (Director), Jog Lal (Director), Tunnu Mahato (Director). Past directors included Sunil Agarwal, Kalipada Bhattacharya, Shashank Prashad. It holds ₹192.28 Cr open charges and ₹27.64 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 18, Rabindra Sarani, Poddar Court Building, Kolkata, West Bengal, 700001.

Company Details

  • CIN/LLPIN

    U29303WB1982PLC034996

  • Registration Number

    034996

  • Incorporation Date

    19 June 1982

  • Authorized Capital

    ₹28.00 Cr

  • Paid-Up Capital

    ₹21.45 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 28.00 Cr
  • Paid Up Capital ₹ 21.45 Cr
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 192.28 Cr
  • Satisfied Charges ₹ 27.64 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth -0.00%
  • Total Assets 171.09%
Company report

Polar Industries Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Polar Industries Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Sunil AgarwalDirector20 Jan 1990Current
Jog LalDirector04 Jan 2020Current
Tunnu MahatoDirector30 Nov 2018Current
Anil Kumar AgarwalManaging Director16 Dec 1983Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector07 Jan 2020Past
Pramod AbcsddWhole-Time Director03 Nov 2008Past
Pramod AbcsddAdditional Director12 Aug 2008Past
Pramod AbcsddCompany Secretary21 Apr 2008Past
Pramod AbcsddDirector24 May 2007Past
Pramod AbcsddDirector06 Apr 2007Past

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Financial Performance of Polar Industries.

Polar Industries Ltd, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Polar Industries revenue growth over time
Polar Industries 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
Revenue from Operations
Total Assets
171.09%
Profit or Loss
Net Worth
-0.00%
EBITDA

What is the Ownership and Shareholding Structure of Polar Industries?

In 2024, Polar Industries had a promoter holding of 28.65% and a public holding of 71.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,922,811,800.00

Satisfied Charges

₹276,444,000.00

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 118.09 Cr
  • Allahabad Bank : 23.86 Cr
  • The Saraswat Co-Operative Bank Limited : 18.00 Cr
  • Ifci Limited : 11.00 Cr
  • Asset Reconstruction Company (India) Limited : 5.82 Cr
  • Others : 15.51 Cr

Latest Charge Details

DateLenderAmountStatus
02 May 2011The Saraswat Co-Operative Bank Limited₹9.00 CrOpen
31 Mar 2011The Saraswat Co-Operative Bank Limited₹9.00 CrOpen
04 Sep 2006Mr Sunil Gupta₹2.00 CrOpen
16 Oct 2002Western India Trustee And Executor Co. Ltd₹2.07 MOpen
11 Dec 2001Allahabad Bank₹2.70 CrOpen

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How Many Employees Work at Polar Industries?

Polar Industries has a workforce of 0 employees as of Jan 07, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Polar Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polar Industries, 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 Industries'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 Industries

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Polar Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge registered on 26 Mar 1997 via Charge ID 80046810 with Idbi was fully satisfied on 26 Jul 2024. was recorded as a recent event.

  • Balance Sheet

    Polar Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was recorded as a recent event.

  • Director Appointment

    Progress on Jog Lal was appointed as a Director was appointed as a Director on 04 Jan 2020 & has been associated with this company since 5 years 11 months . was documented.

  • Director Appointment

    The activity Tunnu Mahato was appointed as a Director was appointed as a Director on 30 Nov 2018 & has been associated with this company since 7 years 22 days . was completed.

  • Charges

    Progress on A charge with The Saraswat Co-Operative Bank Limited of Rs. 9.00 Cr registered on 02 May 2011 with Charge ID 10285786 was modified on 30 May 2011. was documented.

Frequently Asked Questions

  • What is the CIN of Polar Industries Ltd?

    The CIN of Polar Industries Ltd is U29303WB1982PLC034996.

  • Where is Polar Industries Ltd headquartered?

    Polar Industries Ltd is headquartered at 18, Rabindra Sarani, Poddar Court Building, Kolkata, West Bengal, 700001.

  • When was Polar Industries Ltd incorporated?

    Polar Industries Ltd was incorporated on 19 June 1982.

  • Who are the current directors of Polar Industries Ltd?

    The current directors of Polar Industries Ltd are

  • What is the primary industry of Polar Industries Ltd?

    The primary industry of Polar Industries Ltd is Consumer Electronics & Durables.

  • Is Polar Industries Ltd a listed company?

    Polar Industries Ltd is unlisted.

  • What is the capital structure of Polar Industries Ltd?

    The authorized capital of Polar Industries Ltd is ₹28.00 Cr, and the paid-up capital is ₹21.45 Cr.

  • What is the compliance status of Polar Industries Ltd?

    The compliance status of Polar Industries Ltd is Active Non-Compliant.

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