Polaris Banyan Holding Private Limited

Commodity trading company incorporated in 2011 with registered office in Chennai, Tamil Nadu.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Polaris Banyan Holding Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 4.83 Cr
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 47.00 Cr
  • Revenue Growth 11.75%
  • Profit Growth 342.28%
  • Ebitda -0.82%
  • Net Worth 0.26%
  • Total Assets 0.13%

About Polaris Banyan Holding

Polaris Banyan Holding Private Limited (PBHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 2011 and has a history of 13 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Aaum Holdings (India) Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 4.83 Cr.

The company has closed loans amounting to ₹47.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Arun Jain, Kannan Narayanaswamy, and Manju Jain serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65100TN2011PTC080320

  • Company No.

    080320

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 2011

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Polaris Banyan Holding?

Board Members (3)

Name Designation Appointment Date Status
Manju Jain Country flag representing In Director 26-Apr-2011 Current
Kannan Narayanaswamy Country flag representing In Director 30-Mar-2015 Current
Arun Jain Country flag representing In Director 12-Dec-2015 Current

Financial Performance of Polaris Banyan Holding.

Polaris Banyan Holding Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.75% increase. The company also saw a substantial improvement in profitability, with a 342.28% increase in profit. The company's net worth moved up by a moderate rise of 0.26%.

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
11.75%
Revenue from Operations
-4.32%
Total Assets
0.13%
Profit or Loss
342.28%
Net Worth
0.26%
EBITDA
-0.82%

What is the Ownership and Shareholding Structure of Polaris Banyan Holding?

In 2023, Polaris Banyan Holding had a promoter holding of 100.00%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹47.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 35.00 Cr
  • Cholamandalam Investment And Finance Company Limited : 7.00 Cr
  • Cholamandalam Dbs Finance Ltd. : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Jan 2016 Others ₹35.00 Cr Satisfied
15 Feb 2008 Cholamandalam Investment And Finance Company Limited ₹7.00 Cr Satisfied
20 Aug 2006 Cholamandalam Dbs Finance Ltd. ₹5.00 Cr Satisfied

How Many Employees Work at Polaris Banyan Holding?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polaris Banyan Holding, 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 Polaris Banyan Holding'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 Polaris Banyan Holding

Recent activity within the organization

  • Annual General Meeting

    Polaris Banyan Holding Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Polaris Banyan Holding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Jan 2016 via Charge ID 10626719 with Others was fully satisfied on 15 Oct 2019.

    15 Oct 2019

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 28 Jan 2016 with Charge ID 10626719 was modified on 28 Jul 2017.

    28 Jul 2017

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 10626719 was registered on 28 Jan 2016.

    28 Jan 2016

  • Director Appointment

    Arun Jain was appointed as a Director was appointed as a Director on 12 Dec 2015 & has been associated with this company since 9 years 1 month .

    12 Dec 2015

Frequently asked questions

  • Polaris Banyan Holding Private Limited was incorporated on 26 Apr 2011.

  • The authorized share capital of Polaris Banyan Holding Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 4.83 Cr.

  • Currently 3 directors are associated with Polaris Banyan Holding Private Limited.

    • Arun Jain
    • Kannan Narayanaswamy
    • Manju Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polaris Banyan Holding Private Limited is No.244 Polaris House Carex Centre, Anna Salai India, Chennai, Tamil Nadu, 600006.

  • The corporate identification number (CIN) of Polaris Banyan Holding Private Limited is U65100TN2011PTC080320 and the company number is 080320 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polaris Banyan Holding Private Limited has risen by 11.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polaris Banyan Holding Private Limited has experienced an upsurge of 0.26%.

  • The most recent Balance Sheet for Polaris Banyan Holding Private Limited was filed with the ROC on 31 Mar 2023.

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