Polar Power Square Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.51 Cr
- Satisfied Charges ₹ 1.54 Cr
- Revenue Growth 9.94%
- Profit Growth -63.85%
- Ebitda -32.46%
- Net Worth 2.89%
- Total Assets -3.83%
About Polar Power Square
Polar Power Square Private Limited (PPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 2011 and has a history of 13 years and nine months. Its registered office is in Ahmedabad, Gujarat.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹1.51 Cr. The company has closed loans amounting to ₹1.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pravinchandra Shah, Ketan Modi, and Sonalben Shah serve as directors at the Company.
Company Details
- Location Ahmedabad, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29100GJ2011PTC065593
- Company No.
065593
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 May 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Polar Power Square Private Limited offer?
Polar Power Square Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Electric Vehicle Battery, Batteries, Lithium Battery, Automotive Batteries, Electrical & Electronic Connectors, Electronic Connectors, Inverter Batteries, Heavy Vehicle Battery, Industrial Batteries.
Who are the key members and board of directors at Polar Power Square?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pravinchandra Shah  | Director | 25-May-2011 | Current |
| Ketan Modi | Director | 25-May-2011 | Current |
| Sonalben Shah | Director | 21-Nov-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Power Square?
In 2023, Polar Power Square had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹15.10 M
₹15.40 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2020 | Hdfc Bank Limited | ₹1.51 Cr | Open |
| 30 Jan 2012 | Others | ₹1.54 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polar Power Square, 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 Power Square'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.
