Polar Investments Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 50 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
- Revenue Growth 61.11%
- Profit Growth -25.18%
- Ebitda -41.31%
- Net Worth -0.62%
- Total Assets -0.62%
About Polar Investments
Polar Investments Limited (PIL) is a Public Limited Indian Non-Government Company incorporated in India on 21 March 1974 and has a history of 50 years and 11 months. Its registered office is in Mumbai, Maharashtra.
The Company is engaged in the Financial Services 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 1.00 Cr and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹1.50 Cr.
Arun Agarwal, Shantilal Pokharna, and Harishkumar Chatterjee serve as directors at the Company.
Company Details
- Location Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65990MH1974PLC017304
- Company No.
017304
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Mar 1974
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Polar Investments?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shantilal Pokharna  | Director | 20-Oct-2011 | Current |
| Harishkumar Chatterjee | Director | 23-Apr-2014 | Current |
| Arun Agarwal | Director | 03-Apr-2017 | Current |
Financial Performance of Polar Investments.
Polar Investments Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 61.11% increase. The company also saw a substantial fall in profitability, with a 25.18% decrease in profit. The company's net worth dipped by a decrease of 0.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Polar Investments?
In 2020, Polar Investments had a promoter holding of 32.92% and a public holding of 67.08%. 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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Singhania Education Services LimitedArun Agarwal is a mutual person
Raymond Uco Denim Private LimitedArun Agarwal and Shantilal Pokharna are mutual person
- Pashmina Holdings Limited
Arun Agarwal and Shantilal Pokharna are mutual person
- Everblue Apparel Limited
Arun Agarwal is a mutual person
Charges (Loans)
₹1.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2006 | Karnataka Bank Ltd. | ₹1.50 Cr | Open |
How Many Employees Work at Polar Investments?
Unlock and access historical data on people associated with Polar Investments, 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 Investments, 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 Investments'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.
