Polestar Maritime Limited logo

Polestar Maritime Limited

Marine shipping services, port operations, project and salvage assistance, and partnerships with Gujarat ports.

2000 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

2 months ago
Polestar Maritime Limited (PML) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 November 2000 and has a history of 23 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Logistic Projects (India) Limited. The Company is engaged in the Transportation And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 45.00 cr and a paid-up capital of Rs 2.52 cr.

The Corporate currently has active open charges totaling ₹232.69 cr. It has already closed loans amounting to ₹56.00 cr, as per the Ministry of Corporate Affairs (MCA) records.

Bhagwandas Parekh, Suryakant Parekh, Saahil Dugar, and Four other members serve as directors at the Company.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU63032MH2000PLC129516
Company No.129516
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date08 Nov 2000
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Products or Services related to Polestar Maritime Limited

Terminal Marine Service Management

Marine Service

product
Content-lock
Polestar Maritime Limited offers a wide range of products and services, including: Forwarding & Custom Clearing, Marine Service.

Financials of Polestar Maritime Limited

financial-graph
Content-lock

Polestar Maritime Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.62% decrease. The company also saw a substantial fall in profitability, with a 10.64% decrease in profit. The company's net worth moved up by a moderate rise of 5.08%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Polestar Maritime's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Polestar Maritime Limited

Board Members(7)

Charges (Loans)

Open Charges Satisfied Charges

₹232.69 cr

₹56.00 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 30 Sep 2022
₹25.00 CrOpen

Hdfc Bank Limited

Creation Date: 21 Sep 2020
₹23.00 CrOpen

Hdfc Bank Limited

Creation Date: 28 Dec 2018
₹54.00 CrOpen

Deals i

Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Polestar Maritime, 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 Polestar Maritime's trajectory.

Rating

Rating-Graph
Content-lock

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.

Alert

Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

  • Seabridge Terminals Private Limited

    Seabridge Terminals Private Limited

    Active build-icon 8 years 11 months

    Bhagwandas Parekh is a mutual person

  • Logistic Enterprises Private Limited

    Logistic Enterprises Private Limited

    Active build-icon 28 years 11 months

    Bhagwandas Parekh is a mutual person

  • Orchid Shipping Private Limited

    Orchid Shipping Private Limited

    Active build-icon 23 years 7 months

    Bhagwandas Parekh is a mutual person

  • Logistic Ventures Llp

    Logistic Ventures Llp

    Active build-icon 10 years 7 months

    Bhagwandas Parekh is a mutual person

  • Seabird Marine Services (Gujarat) Private Limited

    Seabird Marine Services (Gujarat) Private Limited

    Active build-icon 7 years 7 months

    Bhagwandas Parekh is a mutual person

  • Kasturben Mulji Parekh Foundation

    Kasturben Mulji Parekh Foundation

    Active build-icon 1 year 11 months

    Bhagwandas Parekh is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 24 Apr 2018 via Charge ID 100175704 with Hdfc Bank Limited was fully satisfied on 26 Feb 2024.

    26 Feb 2024
  • Activity

    Annual General Meeting

    Polestar Maritime Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Polestar Maritime Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 cr with Charge ID 100626366 was registered on 30 Sep 2022.

    30 Sep 2022
  • Activity

    Director Appointment

    Juhi Suryakant Parekh was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 1 year 11 months .

    30 Sep 2022

Frequently asked questions

What is the Incorporation or founding date of Polestar Maritime Limited?

Polestar Maritime Limited was incorporated 23 years 10 months ago on 08 Nov 2000 with Registrar of Companies Roc Mumbai.

Similar Companies Based on Shipping Services

  • Shipping Corporation Of India Limited

    Mumbai, Maharashtra, India

  • Noble Shipping Private Limited

    Mumbai, Maharashtra, India

  • Lmcs Maritime Private Limited

    Mumbai, Maharashtra, India

  • Gac Shipping (India) Private Limited

    Ernakulam, Kerala, India

  • Sarjak Container Lines Private Limited

    Mumbai, Maharashtra, India

  • Jsw Jaigarh Port Limited

    Mumbai, Maharashtra, India

  • Jsw Shipping & Logistics Private Limited

    Mumbai, Maharashtra, India

  • Choice Trading Corporation Private Limited

    Chennai, Tamil Nadu, India

  • The Great Eastern Shipping Company Limited

    Mumbai, Maharashtra, India

  • Adani Harbour Services Limited

    Ahmedabad, Gujarat, India

  • Seven Islands Shipping Limited

    Mumbai, Maharashtra, India

  • Trans Asian Shipping Services Pvt Ltd

    Ernakulam, Kerala, India