Polaris Indcomm Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 14-12-2024
- Paid Up Capital ₹ 0.10 M
as on 14-12-2024
- Company Age 12 Year, 7 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 51.64 Cr
as on 14-12-2024
- Revenue -26.88%
(FY 2019)
- Profit -232.18%
(FY 2019)
- Ebitda -178.10%
(FY 2019)
- Net Worth -48.67%
(FY 2019)
- Total Assets -52.19%
(FY 2019)
About Polaris Indcomm
The Corporate was formerly known as Polaris Ventures Private Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹51.64 Cr.
Santosh Hutke and Umesh Raut serve as directors at the Company.
- CIN/LLPIN
U52100MH2012PTC232385
- Company No.
232385
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2012
- Date of AGM
29 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Polaris Indcomm?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santosh Hutke  | Director | 16-Dec-2021 | Current |
| Umesh Raut | Director | 31-Dec-2020 | Current |
Financial Performance of Polaris Indcomm.
Polaris Indcomm Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 26.88% decrease. The company also saw a substantial fall in profitability, with a 232.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 48.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Polaris Indcomm?
In 2019, Polaris Indcomm 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)
- Saumil Mercantile Private LimitedActive 39 years 4 months
Santosh Hutke and Umesh Raut are mutual person
Charges (Loans)
₹516.36 M
₹0
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 25.89 Cr
- Others : 25.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Sep 2017 | Others | ₹25.75 Cr | Open |
| 20 Dec 2012 | Bank Of Baroda | ₹25.89 Cr | Open |
How Many Employees Work at Polaris Indcomm?
Unlock and access historical data on people associated with Polaris Indcomm, 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 Indcomm, 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 Indcomm'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.
