Polar Power Square Private Limited logo

Polar Power Square Private Limited

Manufactures and supplies automotive batteries, power inverters, and offers UPS repair services.
2011 | Ahmedabad, Gujarat (India) | Active

Last Updated:

October 24, 2024
HomeCompanyPolar Power Square Private Limited

Who are the key members and board of directors at Polar Power Square?

Board Members(3)

NameDesignationAppointment DateStatus
Pravinchandra Shah In Director 25-May-2011Current
Ketan Modi In Director 25-May-2011Current
Sonalben Shah In Director 21-Nov-2022Current

Financial Performance of Polar Power Square.

Polar Power Square Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.94% increase. The company also saw a substantial fall in profitability, with a 63.85% decrease in profit. The company's net worth moved up by a moderate rise of 2.89%.

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Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
9.94%
Revenue from Operations
9.66%
Total Assets
-3.83%
Profit or Loss
-63.85%
Net Worth
2.89%
EBITDA
-32.46%

Charges (Loans)

Open Charges Satisfied Charges

₹15.10 M

₹15.40 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 30 Jun 2020
₹1.51 CrOpen

Others

Creation Date: 30 Jan 2012
₹1.54 CrSatisfied

How Many Employees Work at Polar Power Square?

Unlock and access historical data on people associated with Polar Power Square, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Polar Power Square

Recent activity within the organization

  • Annual General Meeting

    Polar Power Square Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Polar Power Square Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sonalben Pravinchandra Shah was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 2 years 1 month .

    21 Nov 2022

  • Charges

    A charge registered on 30 Jan 2012 via Charge ID 10336093 with Others was fully satisfied on 11 Aug 2021.

    11 Aug 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 15.10 M registered on 30 Jun 2020 with Charge ID 100348601 was modified on 26 Apr 2021.

    26 Apr 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.10 M with Charge ID 100348601 was registered on 30 Jun 2020.

    30 Jun 2020

Frequently asked questions

  • Polar Power Square Private Limited was incorporated on 25 May 2011.

  • The authorized share capital of Polar Power Square Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Polar Power Square Private Limited.

    • Pravinchandra Chandrakant Shah
    • Ketan Kanubhai Modi
    • Sonalben Pravinchandra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polar Power Square Private Limited is 12 Panchvati Estate Near Memco Naroda Road, India, Ahmedabad, Gujarat, 380025.

  • The corporate identification number (CIN) of Polar Power Square Private Limited is U29100GJ2011PTC065593 and the company number is 065593 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polar Power Square Private Limited is https://www.polarbattery.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polar Power Square Private Limited has risen by 9.94%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polar Power Square Private Limited has experienced an upsurge of 2.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polar Power Square Private Limited amount to ₹ 1.51 Cr.

  • The most recent Balance Sheet for Polar Power Square Private Limited was filed with the ROC on 31 Mar 2023.

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