Polaris Cables And Wires Pvt Ltd logo

Polaris Cables And Wires Pvt Ltd

Manufacturer of electrical wires and cables for various industries, including exports.
1987 | Thane, Maharashtra (India) | Active

Last Updated:

June 29, 2024
HomeCompanyPolaris Cables And Wires Pvt Ltd

Who are the key members and board of directors at Polaris Cables And Wires?

Board Members(2)

NameDesignationAppointment DateStatus
Ashok Bhansali In Director 26-Dec-1989Current
Sheetal Bhansali In Director 14-Apr-2007Current

Financial Performance and Corporate Structure Insights of Polaris Cables And Wires.

Polaris Cables And Wires Pvt Ltd, for the financial year ended 2019, experienced significant reduction in revenue, with a 30.41% decrease. The company also saw a substantial fall in profitability, with a 6375.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.84%.

Revenue Growth Graph
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  • 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
-30.41%
Revenue from Operations
-29.19%
Total Assets
-3.41%
Profit or Loss
-6375.72%
Net Worth
-83.84%
EBITDA
-24.98%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹3.50 Cr

₹22.83 Cr

LenderAmountStatus

Others

Creation Date: 29 Jun 2017
₹3.50 CrOpen

Others

Creation Date: 24 Mar 2022
₹2.00 CrSatisfied

Axis Bank Limited

Creation Date: 12 Sep 2013
₹1.30 CrSatisfied

How Many Employees Work at Polaris Cables And Wires?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Polaris Cables And Wires

Recent activity within the organization

  • Annual General Meeting

    Polaris Cables And Wires Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 12 Sep 2013 via Charge ID 10453067 with Axis Bank Limited was fully satisfied on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge registered on 07 Sep 2013 via Charge ID 10450253 with Axis Bank Limited was fully satisfied on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge registered on 30 Jul 2013 via Charge ID 10446095 with Axis Bank Limited was fully satisfied on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge registered on 24 Mar 2022 via Charge ID 100559765 with Others was fully satisfied on 13 May 2023.

    13 May 2023

  • Balance Sheet

    Polaris Cables And Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Polaris Cables And Wires Pvt Ltd was incorporated on 20 Mar 1987.

  • The authorized share capital of Polaris Cables And Wires Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 7.00 M.

  • Currently 2 directors are associated with Polaris Cables And Wires Pvt Ltd.

    • Ashok Atamaram Bhansali
    • Sheetal Ashok Bhansali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polaris Cables And Wires Pvt Ltd is Plot No. 35 Genesis Ind Com, Tal. Palghar, Thane, Maharashtra, India, 401404.

  • The corporate identification number (CIN) of Polaris Cables And Wires Pvt Ltd is U31300MH1987PTC042940 and the company number is 042940 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polaris Cables And Wires Pvt Ltd is https://www.polariscables.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Polaris Cables And Wires Pvt Ltd has fallen by -30.41%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Polaris Cables And Wires Pvt Ltd has experienced an downturn of -83.84%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Polaris Cables And Wires Pvt Ltd amount to ₹ 3.50 Cr.

  • The most recent Balance Sheet for Polaris Cables And Wires Pvt Ltd was filed with the ROC on 31 Mar 2023.

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