Polaris India Private Limited

Offers ATVs, snowmobiles, ORVs, side-by-side vehicles, motorcycles, IT, and engineering services.

2011 | Faridabad, Haryana (India) | Active
Last Updated:

Polaris India Profile

Key Indicators

  • Authorised Capital ₹ 92.58 Cr
  • Paid Up Capital ₹ 92.46 Cr
  • Company Age 14 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.28 M
  • Revenue Growth 44.25%
  • Profit Growth 425.69%
  • Ebitda 97.19%
  • Net Worth 18.21%
  • Total Assets -7.24%

About Polaris India

Polaris India Private Limited (PIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 18 February 2011 and has a history of 14 years. Its registered office is in Faridabad, Haryana, India.

The Company is engaged in the Automotive 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 92.58 Cr and a paid-up capital of Rs 92.46 Cr.

The company has closed loans amounting to ₹1.28 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Polaris India Private Limited India is Rashmi Khandelwal as COMPANY SECRETARY. Rene Basei, Lalit Sharma, Abhishek Mishra, and One other member serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polarisind.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300HR2011FTC079586

  • Company No.

    079586

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    18 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Information Technology

What products or services does Polaris India Private Limited offer?

Polaris India Private Limited offers a wide range of products and services, including Motorcycles and Cars, Cars, Commercial Vehicles & Three Wheelers, Special Purpose Vehicle.

Who are the key members and board of directors at Polaris India?

Executive Team (3)

NameDesignationAppointment DateStatus
Lalit Sharma Country flag representing In Managing Director02-Mar-2021Current
Abhishek Mishra Country flag representing In Managing Director14-Nov-2019Current
Rashmi Khandelwal Company Secretary05-Jul-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Rene Basei Country flag representing Fr Director 31-Jul-2018Current
Troy Wiehoff Director 16-Oct-2024Current

Financial Performance of Polaris India.

Polaris India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.25% increase. The company also saw a substantial improvement in profitability, with a 425.69% increase in profit. The company's net worth Soared by an impressive increase of 18.21%.

Polaris India revenue growth over time
Polaris India 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
44.25%
Revenue from Operations
43.30%
Total Assets
-7.24%
Profit or Loss
425.69%
Net Worth
18.21%
EBITDA
97.19%

What is the Ownership and Shareholding Structure of Polaris India?

In 2023, Polaris India 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

₹0.13 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Prime Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2011Kotak Mahindra Prime Limited₹1.28 MSatisfied

How Many Employees Work at Polaris India?

Polaris India has a workforce of 341 employees as of Apr 09, 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.

Employee growth trends for Polaris India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polaris India, 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 India'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 India

Recent activity within the organization

  • Director Appointment

    Troy Donald Wiehoff was appointed as a Director was appointed as a Director on 16 Oct 2024 & has been associated with this company since 4 months 19 days .

  • Annual General Meeting

    Polaris India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Polaris India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Rashmi Khandelwal was appointed as a Company Secretary was appointed as a Company Secretary on 05 Jul 2021 & has been associated with this company since 3 years 7 months .

  • Director Appointment

    Lalit Mohan Sharma was appointed as a Managing Director was appointed as a Managing Director on 02 Mar 2021 & has been associated with this company since 4 years 2 days .

  • Director Appointment

    Abhishek Mishra was appointed as a Managing Director was appointed as a Managing Director on 14 Nov 2019 & has been associated with this company since 5 years 3 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Polaris India Private Limited?

    Polaris India Private Limited was incorporated on 18 Feb 2011.

  • What is authorized share capital and paid-up capital of Polaris India Private Limited?

    The authorized share capital of Polaris India Private Limited is ₹ 92.58 Cr and paid-up capital is ₹ 92.46 Cr.

  • Who are the current board members & directors of Polaris India Private Limited?

    Currently 5 directors are associated with Polaris India Private Limited.

    • Rene Eric Basei
    • Lalit Mohan Sharma
    • Abhishek Mishra
    • Troy Donald Wiehoff
    • Rashmi Khandelwal

  • What is the registered address of Polaris India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polaris India Private Limited is Unit No. G-10 Ground Floor Ssr Corporate Park 13/6 Nh-2 Delhi-Mathura Road, Sector-27 -B Badkhal India, Faridabad, Haryana, 121001.

  • What is the corporate identification number (CIN) and company number of Polaris India Private Limited?

    The corporate identification number (CIN) of Polaris India Private Limited is U34300HR2011FTC079586 and the company number is 079586 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Polaris India Private Limited?

    The Official website of Polaris India Private Limited is https://www.polarisind.in

  • What has been the recent revenue trend for Polaris India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polaris India Private Limited has risen by 44.25%.

  • How many employees does Polaris India Private Limited currently have?

    As Per 2023 financial reports, 341 employees are currently employed by Polaris India Private Limited.

  • What change has been observed in the net worth of Polaris India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Polaris India Private Limited has experienced an upsurge of 18.21%.

  • When was the last Balance Sheet of Polaris India Private Limited filed with the ROC?

    The most recent Balance Sheet for Polaris India Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on IT Consulting & Support Services