Polaris Smart Metering Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.18 Cr
- Company Age 14 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 31.83 Cr
- Revenue Growth 497.18%
- Profit Growth -258.43%
- Ebitda 165.36%
- Net Worth 37.99%
- Total Assets 49.20%
About Polaris Smart Metering
Polaris Smart Metering Private Limited (PSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 2011 and has a history of 14 years and two months. Its registered office is in Jaipur, Rajasthan, India.
The Company is engaged in the Environment 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 15.00 Cr and a paid-up capital of Rs 9.18 Cr.
The company currently has active open charges totaling ₹31.83 Cr.
Kishore Khaitan, Rajeev Sharma, Yashraj Khaitan, and Two other members serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U40106RJ2011PTC033744
- Company No.
033744
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 2011
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Environment
Consumer Electronics & Durables
What products or services does Polaris Smart Metering Private Limited offer?
Polaris Smart Metering Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Energy Meter, IT, Networking & Automation Solution, IT Solutions, Multifunction Meter, Solar Power Plants, Solar Power Systems.
Polaris Smart Metering Private Limited
Explore comprehensive data for Polaris Smart Metering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Polaris Smart Metering?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yashraj Khaitan  | Director | 03-Jan-2011 | Current |
| Kishore Khaitan | Director | 03-Jan-2011 | Current |
| Rajeev Sharma | Director | 21-Jun-2023 | Current |
| Sayantan Lahiri | Director | 22-Dec-2022 | Current |
| Ashish Agarwal | Director | 02-Jul-2024 | Current |
Financial Performance of Polaris Smart Metering.
Polaris Smart Metering Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 497.18% increase. The company also saw a substantial fall in profitability, with a 258.43% decrease in profit. The company's net worth Soared by an impressive increase of 37.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Polaris Smart Metering?
In 2024, Polaris Smart Metering had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Basant Fibertek Private LimitedKishore Khaitan and Yashraj Khaitan are mutual person
Tp Central Odisha Distribution LimitedRajeev Sharma is a mutual person
Sarda Energy & Minerals LimitedRajeev Sharma is a mutual person
Jsw Energy LimitedRajeev Sharma is a mutual person
Think Gas Distribution Private LimitedSayantan Lahiri is a mutual person
- Think Lng Investments Private Limited
Sayantan Lahiri is a mutual person
Charges (Loans)
Open Charges
₹31.83 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 31.00 Cr
- Yes Bank Limited : 0.83 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2023 | Others | ₹31.00 Cr | Open |
| 22 Apr 2021 | Yes Bank Limited | ₹8.34 M | Open |
How Many Employees Work at Polaris Smart Metering?
Polaris Smart Metering has a workforce of 216 employees as of Mar 10, 2025. 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 Smart Metering, 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 Smart Metering'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.
Latest Updates, News, and FAQs on Polaris Smart Metering
Recent activity within the organization
- Annual General Meeting
Polaris Smart Metering Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Director Appointment
Ashish Agarwal was appointed as a Director was appointed as a Director on 02 Jul 2024 & has been associated with this company since 8 months 21 days .
- Balance Sheet
Polaris Smart Metering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
- Director Appointment
Rajeev Sharma was appointed as a Director was appointed as a Director on 21 Jun 2023 & has been associated with this company since 1 year 9 months .
- Charges
A charge with Others of Rs. 31.00 Cr registered on 03 Jan 2023 with Charge ID 100677259 was modified on 24 Mar 2023.
- Charges
A charge with Others amounted to Rs. 31.00 Cr with Charge ID 100677259 was registered on 03 Jan 2023.
Recent News, Updates & Announcement
PE firm I Squared Capital invests $100 mn in Gram Power for a controlling stake | Mint.According to Yashraj Khaitan, co-founder and CEO of Gram Power, this is I Squared Capital’s first investment in the smart metering space in India while it has, so far, invested about $1.7 billion in India’s infrastructure assets including the renewable energy space.
Frequently asked questions
What is the Incorporation or founding date of Polaris Smart Metering Private Limited?
Polaris Smart Metering Private Limited was incorporated on 03 Jan 2011.
What is authorized share capital and paid-up capital of Polaris Smart Metering Private Limited?
The authorized share capital of Polaris Smart Metering Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.18 Cr.
Who are the current board members & directors of Polaris Smart Metering Private Limited?
Currently 5 directors are associated with Polaris Smart Metering Private Limited.
- Kishore Kumar Khaitan
- Rajeev Sharma
- Yashraj Khaitan
- Sayantan Lahiri
- Ashish Agarwal
What is the registered address of Polaris Smart Metering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Polaris Smart Metering Private Limited is E - 418 Road No. 14 V.K.I. Area, India, Jaipur, Rajasthan, 302013.
What is the corporate identification number (CIN) and company number of Polaris Smart Metering Private Limited?
The corporate identification number (CIN) of Polaris Smart Metering Private Limited is U40106RJ2011PTC033744 and the company number is 033744 as per Ministry of Corporate Affairs (MCA).
What is the official website of Polaris Smart Metering Private Limited?
The Official website of Polaris Smart Metering Private Limited is https://www.grampower.com
What has been the recent revenue trend for Polaris Smart Metering Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Polaris Smart Metering Private Limited has risen by 497.18%.
How many employees does Polaris Smart Metering Private Limited currently have?
As Per 2024 financial reports, 216 employees are currently employed by Polaris Smart Metering Private Limited.
What change has been observed in the net worth of Polaris Smart Metering Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Polaris Smart Metering Private Limited has experienced an upsurge of 37.99%.
What are the total open charges for Polaris Smart Metering Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Polaris Smart Metering Private Limited amount to ₹ 31.83 Cr.
When was the last Balance Sheet of Polaris Smart Metering Private Limited filed with the ROC?
The most recent Balance Sheet for Polaris Smart Metering Private Limited was filed with the ROC on 31 Mar 2024.
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