Polaars Infradevelopers Private Limited
About Polaars Infradevelopers Private Limited
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Polaars Infradevelopers Private Limited was a private limited company based in Lucknow, Uttar Pradesh, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 July 2013.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U45400UP2013PTC058751. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Dineshmani Ramnaresh Tiwari and Usha Dineshmani Tiwari.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Ground Floor Room No:1 & 2 6/164 Vineet Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.6 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹11.76 Lakh (net margin 3.3%) and EBITDA of ₹26.03 Lakh (EBITDA margin 7.2%).
Court records list 18 cases involving the company, including 18 filed against it; 1 case is pending.
Company details
Contact details
Polaars Infradevelopers Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressGround Floor Room No:1 & 2 6/164 Vineet Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Polaars Infradevelopers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Polaars Infradevelopers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Polaars Infradevelopers Private Limited, buy the company report.
Financials of Polaars Infradevelopers Private Limited
FY 2017 filings availablePolaars Infradevelopers Private Limited reported revenue of ₹3.6 Cr (down 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3.6 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹26.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹11.76 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.2% | ||
| Net Profit Margin | 3.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Polaars Infradevelopers Private Limited, buy the company report.
Board of directors of Polaars Infradevelopers Private Limited
Polaars Infradevelopers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshmani Ramnaresh Tiwari Also directs: Polaars Infraventures LLP, Polaars Buildcon LLP, Polaarskshitij Infraland and Developers LLP and 2 more | Director | 31 Jul 2013 | 13 Years 2 Months | As last reported |
| Lalji Yadav Also directs: Lucknow Construction and Developers Private Limited | Additional Director | 04 Dec 2019 | 6 Years 10 Months | As last reported |
| Usha Dineshmani Tiwari Also directs: Polaars Infraventures LLP | Director | 22 Oct 2016 | 10 Years 0 Months | As last reported |
Peer comparison
Polaars Infradevelopers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silpa Homes Private Limited | ₹3.6 Cr (FY 2025) | 35.0% | Hyderabad, Telangana, India | |||
| Polaars Infradevelopers Private Limitedthis company | ₹3.6 Cr (FY 2017) | ₹11.76 Lakh | 3.3% | -2.0% | Lucknow, Uttar Pradesh, India | |
| Punarjani Projects Private Limited | ₹3.6 Cr (FY 2022) | 212.0% | Bangalore, Karnataka, India | |||
| DGM Realties Private Limited | ₹3.6 Cr (FY 2025) | 531.0% | Pune, Maharashtra, India |
To see the full peer comparison of Polaars Infradevelopers Private Limited, buy the company report.
Auditor
Polaars Infradevelopers Private Limited is audited by VIVEK MITTAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK MITTAL & ASSOCIATES | FY 2017 | 005847C |
Shareholding
The shareholding of Polaars Infradevelopers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Polaars Infradevelopers Private Limited, buy the company report.
Legal cases
Polaars Infradevelopers Private Limited has 18 court cases on record: 18 filed against it. 1 case is pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 0 |
| High courts | 9 | 9 | 1 |
Cases on record (4 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed against the company | Pending |
| Allahabad High Court | Writ petition | Filed against the company | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by an individual | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by an individual | Disposed |
To see the full case history of Polaars Infradevelopers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polaars Infradevelopers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polaars Infradevelopers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Polaars Infradevelopers Private Limited, buy the company report.
Recent activity
Polaars Infradevelopers Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Lalji Yadav was appointed as Additional Director on 04 Dec 2019.
Frequently asked questions
Polaars Infradevelopers 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.
Polaars Infradevelopers was a private limited company based in Lucknow, Uttar Pradesh, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 July 2013 and is registered under CIN U45400UP2013PTC058751. The company has been struck off by the Registrar of Companies and is no longer operational.
Polaars Infradevelopers had 3 directors:
- Dineshmani Ramnaresh Tiwari - Director
- Lalji Yadav - Additional Director
- Usha Dineshmani Tiwari - Director
The CIN (Corporate Identification Number) of Polaars Infradevelopers is U45400UP2013PTC058751. 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 Polaars Infradevelopers is at Ground Floor Room No:1 & 2 6164 Vineet Khand Gomti Nagar, Lucknow, Uttar Pradesh, India – 226010.
Polaars Infradevelopers was incorporated on 31 July 2013. It is registered with the Registrar of Companies, Kanpur.
The latest financial statements of Polaars Infradevelopers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Polaars Infradevelopers has 1 GST registration on record and it is cancelled or inactive.
Polaars Infradevelopers operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
The peers of Polaars Infradevelopers by revenue are Silpa Homes Private Limited, Punarjani Projects Private Limited, DGM Realties Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Polaars Infradevelopers has 18 court cases on record: 18 filed against it. 1 is pending. Most are in the district courts.