Polaris Buildcon Llp

Real estate development and construction company offering housing and commercial projects, land development, and joint ventures.

2017 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 23, 2024

Polaris Buildcon Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 0.10 M
  • Company Age 7 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.00 Cr
  • Revenue Growth 841.91%
  • Profit Growth 850.34%
  • Ebitda -97.12%
  • Total Assets -2.14%

About Polaris Buildcon Llp

Polaris Buildcon Llp (PBL) is 7 Year, 5 Months old Limited Liability Partnership 22 August 2017. Its registered office is in Ahmedabad, Gujarat, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 0.10 M as per MCA.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAK-3723

  • Incorporation Date

    22 Aug 2017

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Ahmedabad

  • Company Classification

    Limited Liability Partnership

Industry

Real Estate and Construction

Who are the key members and board of directors at Polaris Buildcon Llp?

Designated Partners (2)

Name Designation Appointment Date Status
Rakesh Padariya Country flag representing In Designated Partner 22-Aug-2017 Current
Jigneshkumar Vora Country flag representing In Designated Partner 22-Aug-2017 Current

Financial Performance of Polaris Buildcon Llp.

Polaris Buildcon Llp, for the financial year ended 2021, experienced significant growth in revenue, with a 841.91% increase. The company also saw a substantial improvement in profitability, with a 850.34% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
841.91%
Revenue from Operations
Total Assets
-2.14%
Profit or Loss
850.34%
Net Worth
EBITDA
-97.12%

What is the Ownership and Shareholding Structure of Polaris Buildcon Llp?

Unlock access to Polaris Buildcon Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹550.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bajaj Housing Finance Limited : 55.00 Cr

Latest Charge Details

Date Lender Amount Status
06 Sep 2022 Bajaj Housing Finance Limited ₹6.00 Cr Open
07 Jun 2022 Bajaj Housing Finance Limited ₹35.00 Cr Open
01 Feb 2021 Bajaj Housing Finance Limited ₹14.00 Cr Open

How Many Employees Work at Polaris Buildcon Llp?

Unlock and access historical data on people associated with Polaris Buildcon Llp, 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 Buildcon Llp, 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 Buildcon Llp'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 Buildcon Llp

Recent activity within the organization

  • Statement of Assets & Liabilities

    Polaris Buildcon Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Bajaj Housing Finance Limited amounted to Rs. 60.00 M with Charge ID 100621269 was registered on 06 Sep 2022.

    06 Sep 2022

  • Charges

    A charge with Bajaj Housing Finance Limited amounted to Rs. 350.00 M with Charge ID 100618158 was registered on 07 Jun 2022.

    07 Jun 2022

  • Charges

    A charge with Bajaj Housing Finance Limited amounted to Rs. 140.00 M with Charge ID 100428288 was registered on 01 Feb 2021.

    01 Feb 2021

  • Director Appointment

    Rakesh Balubhai Padariya was appointed as a Designated Partner was appointed as a Designated Partner on 22 Aug 2017 & has been associated with this company since 7 years 5 months .

    22 Aug 2017

  • Director Appointment

    Jigneshkumar Manubhai Vora was appointed as a Designated Partner was appointed as a Designated Partner on 22 Aug 2017 & has been associated with this company since 7 years 5 months .

    22 Aug 2017

Frequently asked questions

  • Polaris Buildcon Llp was incorporated on 22 Aug 2017.

  • The Obligation of Contribution of Polaris Buildcon Llp is ₹ 0.10 M.

  • Currently 2 partners are associated with Polaris Buildcon Llp.

    • Rakesh Balubhai Padariya
    • Jigneshkumar Manubhai Vora
    Rakesh Balubhai PadariyaJigneshkumar Manubhai Vora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polaris Buildcon Llp is B-508 Galaxy Business Park Opp. Torrent Power Sub Station S.P Ring Road Nikol, Na, Ahmedabad, Gujarat, India, 382350.

  • The Limited Liability Partnership Identification Number (LLPIN) of Polaris Buildcon Llp is AAK-3723.

  • According to the financial reports for the fiscal year 2021, the revenue trend for Polaris Buildcon Llp has risen by 841.91%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Polaris Buildcon Llp amount to ₹ 55.00 Cr.

  • The most recent Balance Sheet for Polaris Buildcon Llp was filed with the ROC on 31 Mar 2023.