Polad Finance Ltd - Company Profile

It is a financial services public limited company based in Ahmadabad City, Gujarat, India, established in 1983.
1983 Ahmadabad City, Gujarat, India Active
Last Updated:
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About Polad Finance Ltd

Polad Finance Ltd, a active public limited company, was established on 20 June 1983 in Ahmadabad City, Gujarat, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65910GJ1983PLC006307. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹0.62 M.

It upholds a compliant status. Its leadership includes Amit Dharmesh Somaiya (Director), Ashok Purshottam Vithalani (Director), Dharmesh Bhimji Somaiya (Director). Past directors included Ashvin Vrundavan Harji Popat. It holds ₹3.90 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Ground Floor, Shop No.1 Indraprasth Business Park, Nr, Dav School,, Prahladnagar Extension, Off. S.G. Highway, Makarba, Ahmadabad City, Gujarat, 380051.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65910GJ1983PLC006307

  • Registration Number

    006307

  • Incorporation Date

    20 June 1983

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹0.62 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.62 M
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3.90 Cr
  • Revenue Growth **** %
  • Profit Growth **** 98.30%
  • Ebitda **** 99.27%
  • Net Worth -9.53%
  • Total Assets -42.21%
Company report

Polad Finance Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Polad Finance Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Polad Finance Ltd?
Current Directors
Name Designation Appointment Date Status
Amit Dharmesh Somaiya Director 01 Mar 2001 Current
Ashok Purshottam Vithalani Director 11 Apr 1994 Current
Dharmesh Bhimji Somaiya Director 12 Oct 1988 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Oct 2017 Past

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Financial Performance of Polad Finance.

Polad Finance Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 98.3% increase in profit. The company's net worth dipped by a decrease of 9.53%.

Polad Finance revenue growth over time
Polad Finance profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -42.21%
*******
*******
*******
*******
Profit or Loss
*******
 98.30%
*******
*******
*******
*******
Net Worth
*******
 -9.53%
*******
*******
*******
*******
EBITDA
*******
 99.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polad Finance?

In 2023, Polad Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹39,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Union Bank Of India : 3.40 Cr
  • The Federal Babk Ltd. : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 1999 Union Bank Of India ₹3.40 Cr Open
26 Mar 1997 The Federal Babk Ltd. ₹5.00 M Open

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How Many Employees Work at Polad Finance?

Unlock and access historical data on people associated with Polad Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polad Finance, 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 Polad Finance's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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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.

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Latest Updates, News, and FAQs on Polad Finance
Recent Activity within the Organization
  • Annual General Meeting

    Polad Finance Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Polad Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    A charge with Union Bank Of India of Rs. 34.00 M registered on 30 Oct 1999 with Charge ID 90107776 was modified on 17 Nov 2008. was recorded as a recent event.

  • Director Appointment

    The activity Amit Dharmesh Somaiya was appointed as a Director was appointed as a Director on 01 Mar 2001 & has been associated with this company since 25 years 2 months . was completed.

  • Charges

    A charge with Union Bank Of India amounted to Rs. 34.00 M with Charge ID 90107776 was registered on 30 Oct 1999. was recorded as a recent event.

  • Charges

    A charge with The Federal Babk Ltd. amounted to Rs. 5.00 M with Charge ID 90107613 was registered on 26 Mar 1997. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Polad Finance Ltd?

The CIN of Polad Finance Ltd is U65910GJ1983PLC006307.

Where is Polad Finance Ltd headquartered?

Polad Finance Ltd is headquartered at Ground Floor, Shop No.1 Indraprasth Business Park, Nr, Dav School,, Prahladnagar Extension, Off. S.G. Highway, Makarba, Ahmadabad City, Gujarat, 380051.

When was Polad Finance Ltd incorporated?

Polad Finance Ltd was incorporated on 20 June 1983.

Who are the current directors of Polad Finance Ltd?

The current directors of Polad Finance Ltd are

What is the primary industry of Polad Finance Ltd?

The primary industry of Polad Finance Ltd is Financial And Insurance Service.

Is Polad Finance Ltd a listed company?

Polad Finance Ltd is unlisted.

What is the capital structure of Polad Finance Ltd?

The authorized capital of Polad Finance Ltd is ₹5.00 M, and the paid-up capital is ₹0.62 M.

What is the compliance status of Polad Finance Ltd?

The compliance status of Polad Finance Ltd is Compliant.

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