Polar Finance Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 1988.
1988 Mumbai, Maharashtra, India Struck Off
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About Polar Finance Private Limited

Polar Finance Private Limited, a struck off private limited company, was established on 14 March 1988 in Mumbai, Maharashtra, India. Engaging in financial & credit leasing within the financial services sector, it holds CIN: U65920MH1988PTC046534. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹5.07 Cr.

Its leadership includes Darshana Mahendra Thacker (Director), Mahendra Ramanlal Thacker (Director), Mihir Mahenra Thacker (Director). Its latest AGM occurred on 30 September 2015, with the balance sheet filed on 31 March 2015. It is based at 13 Laxmi Bhavan Gr Flr D Rd Marine Drive, Mumbai, Maharashtra, 400002.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65920MH1988PTC046534

  • Registration Number

    046534

  • Incorporation Date

    14 March 1988

  • Authorized Capital

    ₹5.50 Cr

  • Paid-Up Capital

    ₹5.07 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.07 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2015
Company report

Polar Finance Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Polar Finance Private Limited?
Current Directors
Name Designation Appointment Date Status
Darshana Mahendra Thacker Director 02 Jun 1997 Current
Mahendra Ramanlal Thacker Director 11 Jun 1997 Current
Mihir Mahenra Thacker Director 02 Jun 1997 Current

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Financial Performance of Polar Finance.

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Polar Finance revenue growth over time
Polar 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
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What is the Ownership and Shareholding Structure of Polar Finance?

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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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How Many Employees Work at Polar Finance?

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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
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Alerts
Alert Indicator

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

    The activity Polar Finance Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Polar Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai. was documented.

  • Director Appointment

    Progress on Mahendra Ramanlal Thacker was appointed as a Director was appointed as a Director on 11 Jun 1997 & has been associated with this company since 28 years 8 months . was documented.

  • Director Appointment

    Progress on Darshana Mahendra Thacker was appointed as a Director was appointed as a Director on 02 Jun 1997 & has been associated with this company since 28 years 8 months . was documented.

  • Director Appointment

    The activity Mihir Mahenra Thacker was appointed as a Director was appointed as a Director on 02 Jun 1997 & has been associated with this company since 28 years 8 months . was completed.

  • Company Incorporation

    Polar Finance Private Limited was registered on 14 Mar 1988 with Roc Mumbai & aged 37 years 11 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Polar Finance Private Limited?

The CIN of Polar Finance Private Limited is U65920MH1988PTC046534.

Where is Polar Finance Private Limited headquartered?

Polar Finance Private Limited is headquartered at 13 Laxmi Bhavan Gr Flr D Rd Marine Drive, Mumbai, Maharashtra, 400002.

When was Polar Finance Private Limited incorporated?

Polar Finance Private Limited was incorporated on 14 March 1988.

Who are the current directors of Polar Finance Private Limited?

The current directors of Polar Finance Private Limited are

What is the primary industry of Polar Finance Private Limited?

The primary industry of Polar Finance Private Limited is Financial Services.

Is Polar Finance Private Limited a listed company?

Polar Finance Private Limited is unlisted.

What is the capital structure of Polar Finance Private Limited?

The authorized capital of Polar Finance Private Limited is ₹5.50 Cr, and the paid-up capital is ₹5.07 Cr.

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