Polo Multiventures Private Limited
About Polo Multiventures Private Limited
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Polo Multiventures Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 25 July 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC246162.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Morven Ventures Private Limited. It was led by directors Pramod Krishna Kadam and Tushar Ajit Rawool.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 103 A Wing 1st Floor Moti Bazaar Business Centre Kutir Udyog Bazar Peth Road, Thane, Maharashtra, India – 400601.
As per the financials filed for FY 2015, the company reported a revenue of ₹6.34 Cr, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹59,242 (net margin 0.1%) and EBITDA of ₹4.18 Lakh (EBITDA margin 0.7%).
Company details
Contact details
Polo Multiventures Private Limited's registered office is in Thane, Maharashtra.
- Registered Address103 A Wing 1st Floor Moti Bazaar Business Centre Kutir Udyog Bazar Peth Road, Thane, Maharashtra, India – 400601
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Polo Multiventures Private Limited
FY 2015 filings availablePolo Multiventures Private Limited reported revenue of ₹6.34 Cr (down 98% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. EBITDA rose 82% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
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| Total Expenses | |
| EBITDA | ₹4.18 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹59,242 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
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| Inventories | |
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Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.7% |
| Net Profit Margin | 0.1% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
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To see the full financial statements and ratios of Polo Multiventures Private Limited, buy the company report.
Board of directors of Polo Multiventures Private Limited
Polo Multiventures has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Krishna Kadam Also directs: Apteshtha Trading Private Limited | Additional Director | 10 Jun 2014 | 12 Years 4 Months | As last reported |
| Tushar Ajit Rawool | Additional Director | 01 Jul 2014 | 12 Years 3 Months | As last reported |
Legal cases
No court or tribunal cases involving Polo Multiventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polo Multiventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Polo Multiventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Polo Multiventures Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Pandurang Damodar Jathar ceased to be Additional Director on 04 Jul 2014.
Frequently asked questions
Polo Multiventures has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Polo Multiventures was a private limited company based in Thane, Maharashtra, India. The company worked in other services, within the business services industry. It was incorporated on 25 July 2013 and is registered under CIN U74999MH2013PTC246162. The company has been struck off by the Registrar of Companies and is no longer operational.
Polo Multiventures had 2 directors:
- Pramod Krishna Kadam - Additional Director
- Tushar Ajit Rawool - Additional Director
The CIN (Corporate Identification Number) of Polo Multiventures is U74999MH2013PTC246162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Polo Multiventures is at 103 A Wing 1st Floor Moti Bazaar Business Centre Kutir Udyog Bazar Peth Road, Thane, Maharashtra, India – 400601.
Polo Multiventures was incorporated on 25 July 2013. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Polo Multiventures on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
Polo Multiventures operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.
Pandurang Damodar Jathar ceased to be Additional Director on 04 Jul 2014. Tushar Ajit Rawool was appointed as Additional Director on 01 Jul 2014. Amol Atmaram Walkar ceased to be Additional Director on 13 Jun 2014. Polo Multiventures has 9 board changes on record in total.
Yes. Polo Multiventures was formerly known as Morven Ventures Private Limited.