Polar Industries Profile
Key Indicators
- Authorised Capital ₹ 28.00 Cr
as on 08-01-2025
- Paid Up Capital ₹ 21.45 Cr
as on 08-01-2025
- Company Age 42 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 192.28 Cr
as on 08-01-2025
- Satisfied Charges ₹ 27.64 Cr
as on 08-01-2025
- Revenue %
(FY 2024)
- Ebitda
- Net Worth -0.00%
(FY 2024)
- Total Assets 171.09%
(FY 2024)
About Polar Industries
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 2024. It's a company limited by shares with an authorized capital of Rs 28.00 Cr and a paid-up capital of Rs 21.45 Cr.
The company currently has active open charges totaling ₹192.28 Cr. The company has closed loans amounting to ₹27.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sunil Agarwal, Anil Agarwal, Jog Lal, and One other member serve as directors at the Company.
- CIN/LLPIN
U29303WB1982PLC034996
- Company No.
034996
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1982
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Polar Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Agarwal  | Managing Director | 16-Dec-1983 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jog Lal | Director | 04-Jan-2020 | Current |
| Sunil Agarwal | Director | 20-Jan-1990 | Current |
| Tunnu Mahato | Director | 30-Nov-2018 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss | |||||||
| Net Worth |
| ||||||
| 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.
Related Corporates (Common Directorship)
Sheffield Appliances LimitedActive 41 years 8 monthsAnil Agarwal and Tunnu Mahato are mutual person
- Artica Forging And Tools LimitedActive 36 years 5 months
Anil Agarwal and Tunnu Mahato are mutual person
- Dhruviya International LimitedActive 43 years 1 month
Anil Agarwal and Tunnu Mahato are mutual person
- Hi-Gain Consultancy Services Pvt LtdActive 37 years 1 month
Anil Agarwal and Tunnu Mahato are mutual person
- Concrete Consultancy Services Pvt Ltd.Active 36 years 27 days
Anil Agarwal and Tunnu Mahato are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Saraswat Co-Operative Bank Limited Creation Date: 02 May 2011 | ₹9.00 Cr | Open |
The Saraswat Co-Operative Bank Limited Creation Date: 31 Mar 2011 | ₹9.00 Cr | Open |
Mr Sunil Gupta Creation Date: 04 Sep 2006 | ₹2.00 Cr | Open |
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.
Deals i
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
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.
