About Polad Finance Ltd
Data last updated: 21 December 2025
Polad Finance Ltd is a public limited company based in Ahmadabad City, Gujarat, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 20 June 1983, the company has been in operation for over 43 years.
Registered with ROC Ahmedabad under CIN U65910GJ1983PLC006307.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹6.21 Lakh. It is led by directors including Amit Dharmesh Somaiya and Ashok Purshottam Vithalani.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1 Indraprasth Business Park, Ahmadabad City, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.97 Lakh.
As per MCA filings, the company has open charges of ₹3.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polad.net.
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Registered AddressGround Floor Shop No.1 Indraprasth Business Park Nr Dav School, Prahladnagar Extension Off. S.G. Highway Makarba, Ahmadabad City, Gujarat, India – 380051
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IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Polad Finance Ltd
Polad Finance Ltd is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Polad Finance Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Polad Finance Ltd
Polad Finance Ltd is audited by M.R.PANDHI & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.R.PANDHI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Polad Finance Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Polad Finance Ltd
Polad Finance Ltd is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Dharmesh Somaiya | Director | 01 Mar 2001 | 25 Years 5 Months | Current |
| Ashok Purshottam Vithalani | Director | 11 Apr 1994 | 32 Years 4 Months | Current |
|
Dharmesh Bhimji Somaiya
Also directs:
People Possible Foundation, Polad Traders Private Limited, Sap Infotech Private Limited and 3 more
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Director | 12 Oct 1988 | 37 Years 10 Months | Current |
Financials of Polad Finance Ltd FY 2025 filings available
Polad Finance Ltd reported revenue of ₹82.97 Lakh for FY 2024.
Ten-year financial statements for Polad Finance Ltd
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Polad Finance Ltd
Shareholding and ownership data for Polad Finance Ltd
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- Ownership categories
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Charges & Borrowings of Polad Finance Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 1999 | Union Bank of India | ₹3.4 Cr | Open |
| 26 Mar 1997 | The Federal Babk Ltd. | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Polad Finance Ltd
View historical data on people associated with Polad Finance Ltd, including employment history and EPFO contributions.
Employee and EPFO history for Polad Finance Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Polad Finance Ltd
GST registrations and filing compliance for Polad Finance Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Polad Finance Ltd
Credit ratings, litigation, and regulatory alerts for Polad Finance Ltd
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MSME Payment Delays by Polad Finance Ltd
MSME payment history for Polad Finance Ltd
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Subsidiaries & Group Companies of Polad Finance Ltd
Corporate group structure for Polad Finance Ltd
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MCA Filings & Documents of Polad Finance Ltd
MCA filings and documents for Polad Finance Ltd
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- Annual returns and statements
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Recent Activity on Polad Finance Ltd
Frequently Asked Questions about Polad Finance Ltd
Polad Finance Ltd is an active public limited company in the financial services sector based in Ahmadabad City, Gujarat, India. It was incorporated on 20 June 1983 (43+ years old) and is registered under CIN U65910GJ1983PLC006307.
Polad Finance Ltd reported revenue of ₹82.97 Lakh for FY 2024.
The current directors of Polad Finance Ltd are:
- Amit Dharmesh Somaiya - Director
- Ashok Purshottam Vithalani - Director
- Dharmesh Bhimji Somaiya - Director
The primary industry of Polad Finance Ltd is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Polad Finance Ltd can be reached at the registered office: Ground Floor Shop No.1 Indraprasth Business Park Nr Dav School, Prahladnagar Extension Off. S.G. Highway Makarba, Ahmadabad City, Gujarat, India – 380051, or through the website polad.net.
The authorised capital is ₹50 Lakh, and the paid-up capital is ₹6.21 Lakh.