Polo Wealth Creators Private Limited

Founded in 1997 and headquartered in Gujarat, India.

1997 | Vadodara, Gujarat (India) | Active
Last Updated:

Polo Wealth Creators Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.34 Cr
  • Revenue Growth -10.35%
  • Profit Growth -48.04%
  • Ebitda -44.08%
  • Net Worth 3.21%
  • Total Assets -1.35%

About Polo Wealth Creators

Polo Wealth Creators Private Limited (PWCPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 August 1997 and has a history of 27 years and six months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Polo Intertex Private Limited. The Company is engaged in the Business Outsourcing 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.34 Cr.

Vineet Omprakash and Pushpa Rathi serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18129GJ1997PTC032857

  • Company No.

    032857

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing

Who are the key members and board of directors at Polo Wealth Creators?

Board Members (2)

NameDesignationAppointment DateStatus
Vineet Omprakash Country flag representing In Director 01-May-2021Current
Pushpa Rathi Country flag representing In Director 02-Nov-2020Current

Financial Performance of Polo Wealth Creators.

Polo Wealth Creators Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.35% decrease. The company also saw a substantial fall in profitability, with a 48.04% decrease in profit. The company's net worth moved up by a moderate rise of 3.21%.

Polo Wealth Creators revenue growth over time
Polo Wealth Creators 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
-10.35%
Revenue from Operations
-10.45%
Total Assets
-1.35%
Profit or Loss
-48.04%
Net Worth
3.21%
EBITDA
-44.08%

What is the Ownership and Shareholding Structure of Polo Wealth Creators?

In 2023, Polo Wealth Creators 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

₹13.35 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Saurashtra : 1.34 Cr

Latest Charge Details

DateLenderAmountStatus
28 May 1998State Bank Of Saurashtra₹2.35 MOpen
14 Mar 1998State Bank Of Saurashtra₹4.00 MOpen
12 Feb 1998State Bank Of Saurashtra₹7.00 MOpen

How Many Employees Work at Polo Wealth Creators?

Unlock and access historical data on people associated with Polo Wealth Creators, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Polo Wealth Creators Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polo Wealth Creators, 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 Wealth Creators'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 Polo Wealth Creators

Recent activity within the organization

  • Annual General Meeting

    Polo Wealth Creators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Polo Wealth Creators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Vineet Rathi Omprakash was appointed as a Director was appointed as a Director on 01 May 2021 & has been associated with this company since 3 years 10 months .

  • Director Appointment

    Pushpa Omprakash Rathi was appointed as a Director was appointed as a Director on 02 Nov 2020 & has been associated with this company since 4 years 4 months .

  • Charges

    A charge with State Bank Of Saurashtra of Rs. 2.35 M registered on 28 May 1998 with Charge ID 90101841 was modified on 19 Oct 2000.

  • Charges

    A charge with State Bank Of Saurashtra amounted to Rs. 2.35 M with Charge ID 90101841 was registered on 28 May 1998.

Frequently asked questions

  • What is the Incorporation or founding date of Polo Wealth Creators Private Limited?

    Polo Wealth Creators Private Limited was incorporated on 19 Aug 1997.

  • What is authorized share capital and paid-up capital of Polo Wealth Creators Private Limited?

    The authorized share capital of Polo Wealth Creators Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Polo Wealth Creators Private Limited?

    Currently 2 directors are associated with Polo Wealth Creators Private Limited.

    • Vineet Rathi Omprakash
    • Pushpa Omprakash Rathi

  • What is the registered address of Polo Wealth Creators Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polo Wealth Creators Private Limited is 102-103 Shivani Flats B/H Bank Of India, Ellora Park India, Vadodara, Gujarat, 390023.

  • What is the corporate identification number (CIN) and company number of Polo Wealth Creators Private Limited?

    The corporate identification number (CIN) of Polo Wealth Creators Private Limited is U18129GJ1997PTC032857 and the company number is 032857 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Polo Wealth Creators Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polo Wealth Creators Private Limited has fallen by -10.35%.

  • What change has been observed in the net worth of Polo Wealth Creators Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Polo Wealth Creators Private Limited has experienced an upsurge of 3.21%.

  • What are the total open charges for Polo Wealth Creators Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Polo Wealth Creators Private Limited amount to ₹ 1.34 Cr.

  • When was the last Balance Sheet of Polo Wealth Creators Private Limited filed with the ROC?

    The most recent Balance Sheet for Polo Wealth Creators Private Limited was filed with the ROC on 31 Mar 2024.

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