Polaris Equipment Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.22 Cr
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.57 Cr
- Satisfied Charges ₹ 1.74 Cr
- Revenue Growth -15.16%
- Profit Growth 38.41%
- Ebitda 6.52%
- Net Worth -90.78%
- Total Assets -13.61%
About Polaris Equipment
Polaris Equipment Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2007 and has a history of 17 years and 11 months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 1.22 Cr.
The company currently has active open charges totaling ₹2.57 Cr. The company has closed loans amounting to ₹1.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Surinder Gadoo, Priya Gadoo, and Shally Paul serve as directors at the Company.
Company Details
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Location
Pune, 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
U29299PN2007PTC129604
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Company No.
129604
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Feb 2007
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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 Pune
Industry
What products or services does Polaris Equipment Private Limited offer?
Polaris Equipment Private Limited offers a wide range of products and services, including Meat & Seafood Processing Equipments, Poultry Equipment, Poultry Feeder, Pet Cage, Poultry Cage, Poultry Nipple Drinker System, Gas Regulators, Gas Pressure Regulator.
Who are the key members and board of directors at Polaris Equipment?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surinder Gadoo
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Director | 01-Jan-2016 | Current |
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Priya Gadoo
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Additional Director | 13-Sep-2010 | Current |
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Shally Paul
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Additional Director | 13-Sep-2010 | Current |
Financial Performance of Polaris Equipment.
Polaris Equipment Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.16% decrease. The company also saw a substantial improvement in profitability, with a 38.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 90.78%.
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What is the Ownership and Shareholding Structure of Polaris Equipment?
In 2023, Polaris Equipment 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)
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Lubing India Private LimitedSurinder Gadoo and Shally Paul are mutual person
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Inderllan Agrotech Private LimitedPriya Gadoo and Shally Paul are mutual person
Charges (Loans)
₹2.57 Cr
₹1.74 Cr
Charges Breakdown by Lending Institutions
- Others : 1.87 Cr
- Kotak Mahindra Bank Limited : 0.55 Cr
- Corporation Bank : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2021 | Others | ₹0.70 M | Open |
| 30 Jan 2021 | Others | ₹1.50 Cr | Open |
| 05 Feb 2019 | Others | ₹2.02 M | Open |
| 08 Feb 2016 | Others | ₹1.00 M | Open |
| 04 Dec 2015 | Kotak Mahindra Bank Limited | ₹5.50 M | Open |
How Many Employees Work at Polaris Equipment?
Polaris Equipment has a workforce of 5 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polaris Equipment, 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 Equipment'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
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.
