Prei Polar Engineering Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
as on 24-10-2024
- Paid Up Capital ₹ 6.40 M
as on 24-10-2024
- Company Age 16 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
as on 24-10-2024
- Satisfied Charges ₹ 3.10 Cr
as on 24-10-2024
- Revenue 110.27%
(FY 2023)
- Profit 230.32%
(FY 2023)
- Ebitda 25.94%
(FY 2023)
- Net Worth 1.32%
(FY 2023)
- Total Assets 6.27%
(FY 2023)
About Prei Polar Engineering
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.
- 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
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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  | Managing Director | 10-Sep-2008 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramya Sivaprakasam | Director | 10-Sep-2008 | Current |
Sante Frigerio  | Whole-Time Director | 08-Jul-2009 | Current |
| Giovanni Pontiggia | Director | 08-Jul-2009 | Current |
| Martina Frigerio | 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 230.32% increase in profit. The company's net worth moved up by a moderate rise of 1.32%.
- 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 Prei Polar Engineering?
In 2023, Prei Polar Engineering 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)
Rammiss Marketings Private LimitedActive 9 years 2 monthsSaravanan Kannan and Ramya Sivaprakasam are mutual person
Polar Power Projects Private LimitedActive 13 years 6 daysSaravanan Kannan and Ramya Sivaprakasam are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 10 Jul 2024 | ₹5.00 Cr | Open |
Canara Bank Creation Date: 05 Jun 2013 | ₹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.
Deals i
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
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.
