Polaris Cables And Wires Pvt Ltd

Manufacturer of electrical wires and cables for various industries, including exports.

1987 | Thane, Maharashtra (India) | Active
Last Updated:

Polaris Cables And Wires Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.00 M
  • Company Age 38 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 26.33 Cr

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 38 years. 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

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300MH1987PTC042940

  • Company No.

    042940

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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.

Company report

Polaris Cables And Wires Pvt Ltd

Explore comprehensive data for Polaris Cables And Wires Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

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

Financial Performance of Polaris Cables And Wires.

Polaris Cables And Wires Pvt Ltd, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Polaris Cables And Wires revenue growth over time
Polaris Cables And Wires 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
24 Mar 2022Others₹2.00 CrSatisfied
29 Jun 2017Others₹3.50 CrSatisfied
12 Sep 2013Axis Bank Limited₹1.30 CrSatisfied
07 Sep 2013Axis Bank Limited₹3.50 CrSatisfied
30 Jul 2013Axis Bank Limited₹3.50 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 growth trends for Polaris Cables And Wires Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 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 2024 as per latest MCA records.

  • Charges

    A charge registered on 29 Jun 2017 via Charge ID 100125239 with Others was fully satisfied on 16 Sep 2024.

  • Balance Sheet

    Polaris Cables And Wires Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Polaris Cables And Wires Pvt Ltd?

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

  • What is authorized share capital and paid-up capital of Polaris Cables And Wires Pvt Ltd?

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

  • Who are the current board members & directors of Polaris Cables And Wires Pvt Ltd?

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

    • Ashok Atamaram Bhansali
    • Sheetal Ashok Bhansali
  • What is the registered address of Polaris Cables And Wires Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polaris Cables And Wires Pvt Ltd is Plot No 3 4 New Vevoor Industrial Estate, Manor Road India, Palghar, Maharashtra, 401404.

  • What is the corporate identification number (CIN) and company number of Polaris Cables And Wires Pvt Ltd?

    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).

  • What is the official website of Polaris Cables And Wires Pvt Ltd?

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

  • When was the last Balance Sheet of Polaris Cables And Wires Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Polaris Cables And Wires Pvt Ltd was filed with the ROC on 31 Mar 2024.

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