Pole Star Furniture Private Limited

Furniture manufacturer specializing in office and home furniture under brand 'Pole Star'.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: December 17, 2024

Pole Star Furniture Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth 30.12%
  • Profit Growth -99.13%
  • Ebitda -183.62%
  • Net Worth 5.18%
  • Total Assets 34.15%

About Pole Star Furniture

Pole Star Furniture Private Limited (PSFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 2015 (Nine years and seven months 25 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.00 M.

Vasu Annamalai, Annamalai Govinda, Virendra Pamecha, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polestarfurniture.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36997KA2015PTC081397

  • Company No.

    081397

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Pole Star Furniture?

Board Members (4)

NameDesignationAppointment DateStatus
Vasu Annamalai Country flag representing In Director 03-Jul-2015Current
Annamalai Govinda Country flag representing In Director 03-Jul-2015Current
Virendra Pamecha Country flag representing In Director 03-Jul-2015Current
Shubham Pamecha Country flag representing In Director 03-Jul-2015Current

Financial Performance of Pole Star Furniture.

Pole Star Furniture Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.12% increase. The company also saw a substantial fall in profitability, with a 99.13% decrease in profit. The company's net worth moved up by a moderate rise of 5.18%.

Graph illustrating revenue growth over time
Graph showing 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
30.12%
Revenue from Operations
30.85%
Total Assets
34.15%
Profit or Loss
-99.13%
Net Worth
5.18%
EBITDA
-183.62%

What is the Ownership and Shareholding Structure of Pole Star Furniture?

In 2019, Pole Star Furniture 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

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jan 2022Axis Bank Limited₹5.00 MOpen

How Many Employees Work at Pole Star Furniture?

Pole Star Furniture has a workforce of 29 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pole Star Furniture, 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 Pole Star Furniture'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 Pole Star Furniture

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Pole Star Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 M with Charge ID 100522211 was registered on 01 Jan 2022.

    01 Jan 2022

  • Director Appointment

    Vasu Annamalai was appointed as a Director was appointed as a Director on 03 Jul 2015 & has been associated with this company since 9 years 7 months .

    03 Jul 2015

  • Director Appointment

    Annamalai Raj Govinda was appointed as a Director was appointed as a Director on 03 Jul 2015 & has been associated with this company since 9 years 7 months .

    03 Jul 2015

  • Director Appointment

    Virendra Kumar Pamecha was appointed as a Director was appointed as a Director on 03 Jul 2015 & has been associated with this company since 9 years 7 months .

    03 Jul 2015

Frequently asked questions

  • Pole Star Furniture Private Limited was incorporated on 03 Jul 2015.

  • The authorized share capital of Pole Star Furniture Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Pole Star Furniture Private Limited.

    • Vasu Annamalai
    • Annamalai Raj Govinda
    • Virendra Kumar Pamecha
    • Shubham Pamecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pole Star Furniture Private Limited is No 5 2Nd 3Rd Floor 9Th Cross Ganapathinagar Rajgopalnagar Main Road, India, Bangaluru, Karnataka, 560058.

  • The corporate identification number (CIN) of Pole Star Furniture Private Limited is U36997KA2015PTC081397 and the company number is 081397 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pole Star Furniture Private Limited is https://www.polestarfurniture.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pole Star Furniture Private Limited has risen by 30.12%.

  • As Per 2022 financial reports, 29 employees are currently employed by Pole Star Furniture Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pole Star Furniture Private Limited has experienced an upsurge of 5.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Pole Star Furniture Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Pole Star Furniture Private Limited was filed with the ROC on 31 Mar 2024.