Polar Investments Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 18-12-2024
- Paid Up Capital ₹ 5.00 M
as on 18-12-2024
- Company Age 50 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
as on 18-12-2024
- Revenue 61.11%
(FY 2022)
- Profit -25.18%
(FY 2022)
- Ebitda -41.31%
(FY 2022)
- Net Worth -0.62%
(FY 2022)
- Total Assets -0.62%
(FY 2022)
About Polar Investments
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.
- 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
Company Details
- LocationMumbai, Maharashtra
- Telephone
- Email Address
- Website
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- Social Media-
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 and Corporate Structure Insights 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
- Ratios
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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)
_LIMITED.webp)
J.K. Investo Trade (India) LimitedActive 77 years 7 monthsArun Agarwal and Shantilal Pokharna are mutual person
Raymond Uco Denim Private LimitedActive 18 years 6 monthsArun Agarwal and Shantilal Pokharna are mutual person
- Pashmina Holdings LimitedActive 40 years 11 months
Arun Agarwal and Shantilal Pokharna are mutual person
_LIMITED.webp)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 03 Feb 2006 | ₹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.
