Polar Quality India Private Limited

Imports, processes, and sells seafood products from Europe, including salmon, prawns, and lobsters.

2016 | Gurgaon, Haryana (India) | Active
Last Updated: July 07, 2024

Polar Quality India Profile

Key Indicators

  • Authorised Capital ₹ 5.10 M
  • Paid Up Capital ₹ 5.10 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 116.78%
  • Profit Growth 272.29%
  • Ebitda 385.12%
  • Net Worth 107.61%
  • Total Assets 47.04%

About Polar Quality India

Polar Quality India Private Limited (PQIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 29 June 2016 (Eight years and seven months 18 days old ). Its registered office is in Gurgaon, Haryana, India.

The Company is engaged in the Food And Beverages 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 5.10 M and a paid-up capital of Rs 5.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Koul, Rekha Gupta, Tore Karlstad, and One other member serve as directors at the Company.

Company Details

  • Location

    Gurgaon, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polarquality.no

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999HR2016FTC064801

  • Company No.

    064801

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    29 Jun 2016

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Food and Beverages

What products or services does Polar Quality India Private Limited offer?

Polar Quality India Private Limited offers a wide range of products and services, including Marine Food Supplies, Fish Fillet.

Who are the key members and board of directors at Polar Quality India?

Executive Team (1)

Name Designation Appointment Date Status
Rajeev Koul Country flag representing In Managing Director 29-Jun-2016 Current

Board Members (3)

Name Designation Appointment Date Status
Tore Karlstad Country flag representing No Director 25-Apr-2017 Current
Rekha Gupta Country flag representing In Director 25-Apr-2017 Current
Jarle Solemdal Country flag representing No Director 24-Apr-2018 Current

Financial Performance of Polar Quality India.

Polar Quality India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 116.78% increase. The company also saw a substantial improvement in profitability, with a 272.29% increase in profit. The company's net worth Soared by an impressive increase of 107.61%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
116.78%
Revenue from Operations
117.31%
Total Assets
47.04%
Profit or Loss
272.29%
Net Worth
107.61%
EBITDA
385.12%

What is the Ownership and Shareholding Structure of Polar Quality India?

In 2023, Polar Quality India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Polar Quality India?

Polar Quality India has a workforce of 8 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polar Quality India, 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 Quality India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Quality India

Recent activity within the organization

  • Annual General Meeting

    Polar Quality India Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Polar Quality India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Jarle Solemdal was appointed as a Director was appointed as a Director on 24 Apr 2018 & has been associated with this company since 6 years 9 months .

    24 Apr 2018

  • Director Appointment

    Rekha Gupta was appointed as a Director was appointed as a Director on 25 Apr 2017 & has been associated with this company since 7 years 9 months .

    25 Apr 2017

  • Director Appointment

    Tore Karlstad was appointed as a Director was appointed as a Director on 25 Apr 2017 & has been associated with this company since 7 years 9 months .

    25 Apr 2017

  • Director Appointment

    Rajeev Koul was appointed as a Managing Director was appointed as a Managing Director on 29 Jun 2016 & has been associated with this company since 8 years 7 months .

    29 Jun 2016

Frequently asked questions

  • Polar Quality India Private Limited was incorporated on 29 Jun 2016.

  • The authorized share capital of Polar Quality India Private Limited is ₹ 5.10 M and paid-up capital is ₹ 5.10 M.

  • Currently 4 directors are associated with Polar Quality India Private Limited.

    • Rajeev Koul
    • Rekha Gupta
    • Tore Karlstad
    • Jarle Solemdal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polar Quality India Private Limited is Unit No. 426 Fourth Floor Paras Trade Centre Gwal Pahari Gurgaon-Faridabad Road, Haryana, India, 122003.

  • The corporate identification number (CIN) of Polar Quality India Private Limited is U74999HR2016FTC064801 and the company number is 064801 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polar Quality India Private Limited is https://www.polarquality.no

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polar Quality India Private Limited has risen by 116.78%.

  • As Per 2023 financial reports, 8 employees are currently employed by Polar Quality India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polar Quality India Private Limited has experienced an upsurge of 107.61%.

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

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