Polaris Cables And Wires Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.00 M
- Company Age 37 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 26.33 Cr
- Revenue Growth -30.41%
- Profit Growth -6375.72%
- Ebitda -24.98%
- Net Worth -83.84%
- Total Assets -3.41%
About Polaris Cables And Wires
Polaris Cables And Wires Pvt Ltd (PCAWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 March 1987 and has a history of 37 years and ten months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Polaris Cables And Wires Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.00 M.
The company has closed loans amounting to ₹26.33 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ashok Bhansali and Sheetal Bhansali serve as directors at the Company.
Company Details
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Location
Thane, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31300MH1987PTC042940
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Company No.
042940
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Mar 1987
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Polaris Cables And Wires Pvt Ltd offer?
Polaris Cables And Wires Pvt Ltd offers a wide range of products and services, including Wires, Electric Cable, Industrial Wires, PVC Cables, Electrical Cables & Wires, Submersible Cables, Instrumentation Cable, Multicore Cables, Control Cable, LT Control Cables.
Who are the key members and board of directors at Polaris Cables And Wires?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Bhansali
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Director | 26-Dec-1989 | Current |
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Sheetal Bhansali
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Director | 14-Apr-2007 | Current |
Financial Performance 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%.
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What is the Ownership and Shareholding Structure of Polaris Cables And Wires?
In 2019, Polaris Cables And Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹0
₹26.33 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 8.30 Cr
- State Bank Of Hyderabad : 7.53 Cr
- Others : 5.50 Cr
- Indusind Bank Ltd. : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2022 | Others | ₹2.00 Cr | Satisfied |
| 29 Jun 2017 | Others | ₹3.50 Cr | Satisfied |
| 12 Sep 2013 | Axis Bank Limited | ₹1.30 Cr | Satisfied |
| 07 Sep 2013 | Axis Bank Limited | ₹3.50 Cr | Satisfied |
| 30 Jul 2013 | Axis Bank Limited | ₹3.50 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polaris Cables And Wires, 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 Cables And Wires'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
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