Prei Polar Engineering Private Limited

Design, engineer, manufacture, and test control and instrument panels for various industries.

2008 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 17, 2025

Prei Polar Engineering Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.40 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 3.10 Cr
  • Revenue Growth 110.27%
  • Profit Growth 230.20%
  • Ebitda 691.28%
  • Net Worth 1.32%
  • Total Assets 6.27%

About Prei Polar Engineering

Prei Polar Engineering Private Limited (PPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 2008 and has a history of 16 years and four months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 7.00 M and a paid-up capital of Rs 6.40 M.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹3.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saravanan Kannan, Ramya Sivaprakasam, Sante Frigerio, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74200TN2008PTC069229

  • Company No.

    069229

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Prei Polar Engineering Private Limited offer?

Prei Polar Engineering Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Industrial Control Systems, Burner Parts, Burner Controllers, Electric Control Panel, Generator Control Panel, DCS Panel, PLC Control Panel, Turbine Control System.

Who are the key members and board of directors at Prei Polar Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Saravanan Kannan Country flag representing In Managing Director 10-Sep-2008 Current

Board Members (4)

Name Designation Appointment Date Status
Ramya Sivaprakasam Country flag representing In Director 10-Sep-2008 Current
Sante Frigerio Country flag representing It Whole-Time Director 08-Jul-2009 Current
Giovanni Pontiggia Country flag representing It Director 08-Jul-2009 Current
Martina Frigerio Country flag representing It Director 19-Jun-2020 Current

Financial Performance of Prei Polar Engineering.

Prei Polar Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 110.27% increase. The company also saw a substantial improvement in profitability, with a 230.2% increase in profit. The company's net worth moved up by a moderate rise of 1.32%.

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
110.27%
Revenue from Operations
110.23%
Total Assets
6.27%
Profit or Loss
230.20%
Net Worth
1.32%
EBITDA
691.28%

What is the Ownership and Shareholding Structure of Prei Polar Engineering?

Unlock access to Prei Polar Engineering'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 M

Satisfied Charges

₹31.00 M

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
10 Jul 2024 Others ₹5.00 Cr Open
05 Jun 2013 Canara Bank ₹3.10 Cr Satisfied

How Many Employees Work at Prei Polar Engineering?

Prei Polar Engineering has a workforce of 25 employees as of Apr 01, 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 Prei Polar Engineering, 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 Prei Polar Engineering'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 Prei Polar Engineering

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100955765 was registered on 10 Jul 2024.

    10 Jul 2024

  • Annual General Meeting

    Prei Polar Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prei Polar Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Martina Frigerio was appointed as a Director was appointed as a Director on 19 Jun 2020 & has been associated with this company since 4 years 7 months .

    19 Jun 2020

  • Charges

    A charge registered on 05 Jun 2013 via Charge ID 10437461 with Canara Bank was fully satisfied on 29 Oct 2014.

    29 Oct 2014

  • Charges

    A charge with Canara Bank of Rs. 31.00 M registered on 05 Jun 2013 with Charge ID 10437461 was modified on 26 Jun 2013.

    26 Jun 2013

Frequently asked questions

  • Prei Polar Engineering Private Limited was incorporated on 10 Sep 2008.

  • The authorized share capital of Prei Polar Engineering Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.40 M.

  • Currently 5 directors are associated with Prei Polar Engineering Private Limited.

    • Saravanan Kannan
    • Ramya Sivaprakasam
    • Sante Frigerio
    • Giovanni Pontiggia
    • Martina Frigerio
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prei Polar Engineering Private Limited is M-17 Sipcot Hi-Tech, Sez Sunguvarchathiram India, Sriperumbudur, Tamil Nadu, 602105.

  • The corporate identification number (CIN) of Prei Polar Engineering Private Limited is U74200TN2008PTC069229 and the company number is 069229 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prei Polar Engineering Private Limited is https://www.preipolar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prei Polar Engineering Private Limited has risen by 110.27%.

  • As Per 2023 financial reports, 25 employees are currently employed by Prei Polar Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prei Polar Engineering Private Limited has experienced an upsurge of 1.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prei Polar Engineering Private Limited amount to ₹ 5.00 Cr.

  • The most recent Balance Sheet for Prei Polar Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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