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Polar Elektric Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Polar Elektric Limited has 12 charges registered with the Registrar of Companies: 10 open charges worth Rs 203.38 Cr and 2 satisfied charges worth Rs 35.29 Cr. The largest open charges are held by Mr. Ashok Goyal, Axis Bank Limited and State Bank Of India. The most recent charge was created on 23 Oct 2025 in favour of Axis Bank Limited for Rs 10.75 Cr and is open.

Charges Breakdown by Lending Institutions

  • Others : 95.38 Cr
  • Mr. Ashok Goyal : 88.25 Cr
  • Axis Bank Limited : 10.75 Cr
  • State Bank Of India : 5.00 Cr
  • Tata Capital Financial Services Limited : 4.00 Cr

₹203.38 crore

₹35.29 crore

5

Mr. Ashok Goyal

Creation

23 Oct 2025

₹10.75 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100515021 View DetailsOthers₹ 4.57 24 Dec 2021-16 May 2025 Satisfied 45700000.0
10523283 View DetailsOthers₹ 30.72 15 Sep 201411 Oct 202216 May 2025 Satisfied 307200000.0
101175770 View DetailsAxis Bank Limited₹ 10.75 23 Oct 2025-- Open 107500000.0
100990642 View DetailsState Bank Of India₹ 5.00 21 Oct 202410 Jul 2025- Open 50000000.0
100962848 View DetailsOthers₹ 40.81 17 Aug 202405 Aug 2025- Open 408070000.0
100829921 View DetailsOthers₹ 15.00 30 Nov 2023-- Open 150000000.0
100818076 View DetailsTata Capital Financial Services Limited₹ 4.00 23 Nov 2023-- Open 40000000.0
100718935 View DetailsOthers₹ 0.16 06 May 2023-- Open 1623330.0
100709483 View DetailsOthers₹ 0.13 26 Apr 2023-- Open 1260000.0
100705572 View DetailsOthers₹ 0.20 20 Mar 2023-- Open 1975000.0
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Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

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A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.