Polo Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 23-10-2024
- Paid Up Capital ₹ 3.25 M
as on 23-10-2024
- Company Age 13 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.78 Cr
as on 23-10-2024
- Satisfied Charges ₹ 15.47 Cr
as on 23-10-2024
- Revenue 24.39%
(FY 2023)
- Profit 57.00%
(FY 2023)
- Ebitda 10.74%
(FY 2023)
- Net Worth 6.66%
(FY 2023)
- Total Assets 5.10%
(FY 2023)
About Polo Industries
The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 3.25 M.
The company currently has active open charges totaling ₹11.78 Cr. The company has closed loans amounting to ₹15.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashokkumar Jain, Pravinchand Shah, Subhash Jain, and One other member serve as directors at the Company.
- CIN/LLPIN
U17120MH2011PTC224019
- Company No.
224019
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Nov 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Polo Industries?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashokkumar Jain  | Director | 17-Nov-2011 | Current |
| Pravinchand Shah | Director | 17-Nov-2011 | Current |
| Subhash Jain | Director | 17-Nov-2011 | Current |
| Shantilal Shah | Director | 17-Nov-2011 | Current |
Financial Performance of Polo Industries.
Polo Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.39% increase. The company also saw a substantial improvement in profitability, with a 57% increase in profit. The company's net worth moved up by a moderate rise of 6.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Polo Industries?
In 2023, Polo Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 24 Mar 2021 | ₹11.78 Cr | Open |
Others Creation Date: 19 Oct 2012 | ₹15.47 Cr | Satisfied |
How Many Employees Work at Polo Industries?
Polo Industries has a workforce of 1 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polo Industries, 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 Polo Industries'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.
