Polar Elektric Limited - Company Profile

It is a consumer electronics & durables public limited company based in Circus Avenue, West Bengal, India, established in 2004.
2004 Circus Avenue, West Bengal, India Active
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About Polar Elektric Limited

Polar Elektric Limited, a active public limited company, was established on 23 December 2004 in Circus Avenue, West Bengal, India. Engaging in electronic appliances retail & distribution within the support service to organizations sector, it holds CIN: U28199WB2004PLC100818. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹17.45 Cr and a paid-up capital of ₹14.50 Cr.

It upholds a compliant status. Its leadership includes Mohit Saluja (Director), Ashok Goyal (Director), Kanishk Goyal (Managing Director). Past directors included Giriraj Ratan Kothari, Shailja Agarwal, Vinita Agarwal. It holds ₹203.38 Cr open charges and ₹35.29 Cr settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No. 8B & 8C, 8Th Floor, 23, Circus Avenue, Circus Avenue, West Bengal, 700017.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U28199WB2004PLC100818

  • Registration Number

    100818

  • Incorporation Date

    23 December 2004

  • Authorized Capital

    ₹17.45 Cr

  • Paid-Up Capital

    ₹14.50 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 17.45 Cr
  • Paid Up Capital ₹ 14.50 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 203.38 Cr
  • Satisfied Charges ₹ 35.29 Cr
Company report

Polar Elektric Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Polar Elektric Limited?
Current Directors
Name Designation Appointment Date Status
Mohit Saluja Director 31 Dec 2024 Current
Ashok Goyal Director 31 Dec 2024 Current
Kanishk Goyal Managing Director 25 Sep 2017 Current
Arani Guha Director 31 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Dec 2022 Past
Pramod Abcsdd Director 12 Dec 2020 Past
Pramod Abcsdd Director 12 Dec 2020 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 02 Nov 2017 Past
Pramod Abcsdd Director 02 Nov 2017 Past

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Financial Performance of Polar Elektric.
Polar Elektric revenue growth over time
Polar Elektric 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)
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What is the Ownership and Shareholding Structure of Polar Elektric?

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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

₹2,033,766,591.00

Satisfied Charges

₹352,900,000.00

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
Latest Charge Details
Date Lender Amount Status
23 Oct 2025 Axis Bank Limited ₹10.75 Cr Open
21 Oct 2024 State Bank Of India ₹5.00 Cr Open
17 Aug 2024 Others ₹40.81 Cr Open
30 Nov 2023 Others ₹15.00 Cr Open
23 Nov 2023 Tata Capital Financial Services Limited ₹4.00 Cr Open

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How Many Employees Work at Polar Elektric?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Polar Elektric
Recent Activity within the Organization
  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.75 Cr with Charge ID 101175770 was registered on 23 Oct 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Polar Elektric Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others of Rs. 40.81 Cr registered on 17 Aug 2024 with Charge ID 100962848 was modified on 05 Aug 2025. was completed.

  • Charges

    A charge with State Bank Of India of Rs. 5.00 Cr registered on 21 Oct 2024 with Charge ID 100990642 was modified on 10 Jul 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 24 Dec 2021 via Charge ID 100515021 with Others was fully satisfied on 16 May 2025. was documented.

  • Charges

    A charge registered on 15 Sep 2014 via Charge ID 10523283 with Others was fully satisfied on 16 May 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Polar Elektric Limited?

The CIN of Polar Elektric Limited is U28199WB2004PLC100818.

Where is Polar Elektric Limited headquartered?

Polar Elektric Limited is headquartered at Unit No. 8B & 8C, 8Th Floor, 23, Circus Avenue, Circus Avenue, West Bengal, 700017.

When was Polar Elektric Limited incorporated?

Polar Elektric Limited was incorporated on 23 December 2004.

Who are the current directors of Polar Elektric Limited?

The current directors of Polar Elektric Limited are

What is the primary industry of Polar Elektric Limited?

The primary industry of Polar Elektric Limited is Support Service To Organizations.

Is Polar Elektric Limited a listed company?

Polar Elektric Limited is unlisted.

What is the capital structure of Polar Elektric Limited?

The authorized capital of Polar Elektric Limited is ₹17.45 Cr, and the paid-up capital is ₹14.50 Cr.

What is the compliance status of Polar Elektric Limited?

The compliance status of Polar Elektric Limited is Compliant.

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