Polar Investments Limited
Provides financial and related services to clients.
1974 | Mumbai, Maharashtra (India) | Active
Polar Investments Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 51 Year, 1 Month
- 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) was founded in India on 21 March 1974 and has a glorious history of 51 years and one month.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
Financial Services
Polar Investments Limited
Explore comprehensive data for Polar Investments Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- 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.
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Arun Agarwal and Shantilal Pokharna are mutual person
- Everblue Apparel Limited
Arun Agarwal is a mutual person
Charges (Loans)
Open Charges
₹1.50 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Polar Investments
Recent activity within the organization
- Annual General Meeting
Polar Investments Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Balance Sheet
Polar Investments Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Arun Agarwal was appointed as a Director was appointed as a Director on 03 Apr 2017 & has been associated with this company since 8 years 1 month .
- Director Appointment
Harishkumar Hariprasad Chatterjee was appointed as a Director was appointed as a Director on 23 Apr 2014 & has been associated with this company since 11 years 22 days .
- Director Appointment
Shantilal Pokharna was appointed as a Director was appointed as a Director on 20 Oct 2011 & has been associated with this company since 13 years 6 months .
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 1.50 Cr with Charge ID 90371877 was registered on 03 Feb 2006.
Frequently asked questions
What is the Incorporation or founding date of Polar Investments Limited?
Polar Investments Limited was incorporated on 21 Mar 1974.
What is authorized share capital and paid-up capital of Polar Investments Limited?
The authorized share capital of Polar Investments Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Polar Investments Limited?
Currently 3 directors are associated with Polar Investments Limited.
- Arun Agarwal
- Shantilal Pokharna
- Harishkumar Hariprasad Chatterjee
What is the registered address of Polar Investments Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Polar Investments Limited is 3 Narottam Morarjee Marg Ballard Estate, India, Mumbai, Maharashtra, 400038.
What is the corporate identification number (CIN) and company number of Polar Investments Limited?
The corporate identification number (CIN) of Polar Investments Limited is U65990MH1974PLC017304 and the company number is 017304 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Polar Investments Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Polar Investments Limited has risen by 61.11%.
What change has been observed in the net worth of Polar Investments Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Polar Investments Limited has experienced an downturn of -0.62%.
What are the total open charges for Polar Investments Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Polar Investments Limited amount to ₹ 1.50 Cr.
When was the last Balance Sheet of Polar Investments Limited filed with the ROC?
The most recent Balance Sheet for Polar Investments Limited was filed with the ROC on 31 Mar 2024.
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