Polo Labs Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 17-07-2024
- Paid Up Capital ₹ 1.84 M
as on 17-07-2024
- Company Age 26 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 213.23 Cr
as on 17-07-2024
- Revenue -17.73%
(FY 2023)
- Profit -231.48%
(FY 2023)
- Ebitda -59.11%
(FY 2023)
- Net Worth -56.82%
(FY 2023)
- Total Assets -66.79%
(FY 2023)
About Polo Labs
The Corporate was formerly known as Kg Scans Private Limited. The Company is engaged in the Internet 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 2.00 M and a paid-up capital of Rs 1.84 M.
The company has closed loans amounting to ₹213.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Gurtej Singh and Kanwal Kaur serve as directors at the Company.
- CIN/LLPIN
U85110CH1998PTC021322
- Company No.
021322
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Apr 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Chandigarh, Chandigarh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Polo Labs?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurtej Singh  | Director | 30-Sep-2004 | Current |
| Kanwal Kaur | Director | 22-Apr-1998 | Current |
Financial Performance and Corporate Structure Insights of Polo Labs.
Polo Labs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.73% decrease. The company also saw a substantial fall in profitability, with a 231.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 56.82%.
- 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 Labs?
In 2023, Polo Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ivy Health And Life Sciences Private LimitedActive 19 years 10 monthsKanwal Kaur is a mutual person
Apl Industries Private LimitedActive 33 years 11 monthsGurtej Singh and Kanwal Kaur are mutual person
- Marcus Healthcare Private LimitedActive 9 years 1 month
Gurtej Singh and Kanwal Kaur are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Sep 2021 | ₹16.00 Cr | Satisfied |
Yes Bank Limited Creation Date: 13 May 2021 | ₹16.00 Cr | Satisfied |
Others Creation Date: 12 Nov 2018 | ₹90.00 Cr | Satisfied |
How Many Employees Work at Polo Labs?
Polo Labs has a workforce of 192 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polo Labs, 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 Labs'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.
