Polar Estates Private Limited

Polar Estates Private Limited - real estate and construction in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U70101DL1998PTC092893 Incorporated 23 March 1998 ROC Delhi HQ New Delhi, Delhi, India
Converted to LLP Private Limited Company real estate and construction
Data last updated
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.01 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
28 yrs
Est. 1998
Directors on board
4
As per MCA filings
Last financials
Mar 2014
Balance sheet date
Last AGM
29 Sep 2014
Annual general meeting
Company status
Converted to LLP
MCA master data

About Polar Estates Private Limited

Data last updated:

Polar Estates Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 March 1998.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1998PTC092893.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.01 Lakh. It was led by directors including Nitin Bhayana and Suresh Kumar Bhayana.

Its last annual general meeting (AGM) was held on 29 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office was at 7 Factory Road Near Safdarjung Hospital, New Delhi, Delhi, India – 110029.

As per MCA filings, the company has satisfied charges of ₹1 Cr on record.

Company details

CIN U70101DL1998PTC092893
Registration Number 092893
Incorporation Date 23 March 1998
ROC Delhi
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 29 September 2014
Date of Balance Sheet 31 March 2014

Contact details

Polar Estates Private Limited's registered office is in New Delhi, Delhi.

  • Registered Address
    7 Factory Road Near Safdarjung Hospital, New Delhi, Delhi, India – 110029
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Polar Estates Private Limited - one report that includes everything
  • 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
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Financials of Polar Estates Private Limited

FY 2014 filings available

Financial Statement Summary

MetricsFY 2013-14
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2013-14
Profitability
EBITDA Margin
Net Profit Margin
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 Polar Estates Private Limited, buy the company report.

Board of directors of Polar Estates Private Limited

Polar Estates has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Nitin BhayanaDirector10 Sep 199927 Years 1 MonthsAs last reported
Bhavana TanejaAdditional Director21 Jan 200818 Years 9 MonthsAs last reported
Suresh Kumar BhayanaDirector20 Nov 200421 Years 11 MonthsAs last reported
Chetan KumarAdditional Director20 Apr 201214 Years 6 MonthsAs last reported

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Kotak Mahindra Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Apr 201310417141Kotak Mahindra Bank Limited₹1 CrSatisfied

To see the full charge records of Polar Estates Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Polar Estates 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 Polar Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Polar Estates Private Limited has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Chetan Kumar was appointed as Additional Director on 20 Apr 2012.

AGM
Polar Estates Private Limited last Annual general meeting of members was held on 29 Sep 2014 as per latest MCA records.
Filing
Polar Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Delhi.
Charges
A charge registered on 08 Apr 2013 via Charge ID 10417141 with Kotak Mahindra Bank Limited was fully satisfied on 24 Oct 2013.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 10417141 was registered on 08 Apr 2013.
Appointed
Chetan Kumar was appointed as Additional Director.
Ceased
Ajay Agarwal ceased to be Director.
Appointed
Bhavana Taneja was appointed as Additional Director.
Appointed
Suresh Kumar Bhayana was appointed as Director.
Appointed
Nitin Bhayana was appointed as Director.
Incorporation
23 Mar 1998
Polar Estates Private Limited was registered on 23 Mar 1998 with Roc Delhi & aged 28 years 7 months as per MCA records.

Frequently asked questions

Polar Estates has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Polar Estates was a private limited company based in New Delhi, Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 March 1998 and is registered under CIN U70101DL1998PTC092893. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Polar Estates is U70101DL1998PTC092893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polar Estates had 4 directors:

Polar Estates was incorporated on 23 March 1998. It is registered with the Registrar of Companies, Delhi.

The registered office of Polar Estates is at 7 Factory Road Near Safdarjung Hospital, New Delhi, Delhi, India – 110029.

The latest financial statements of Polar Estates on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 29 September 2014. Year-wise statements from 2015 are in the company report.

Polar Estates operated in the real estate and construction industry, in the real estate builders and developers segment.

Chetan Kumar was appointed as Additional Director on 20 Apr 2012. Ajay Agarwal ceased to be Director on 21 Jan 2008. Bhavana Taneja was appointed as Additional Director on 21 Jan 2008. Polar Estates has 5 board changes on record in total.

Polar Estates has no open charges and satisfied charges of ₹1 Cr as per latest MCA filings.