Polar Industries Ltd - Company Profile

It is a consumer electronics & durables public limited company based in Kolkata, West Bengal, India, established in 1982.
1982 Kolkata, West Bengal, India Active
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About Polar Industries Ltd

Polar Industries Ltd, a active public limited company, was established on 19 June 1982 in Kolkata, West Bengal, India. Engaging in electronics manufacturing within the consumer electronics & durables sector, it holds CIN: U29303WB1982PLC034996. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹28.00 Cr and a paid-up capital of ₹21.45 Cr.

It upholds a active non-compliant status. Its leadership includes Sunil Agarwal (Director), Jog Lal (Director), Tunnu Mahato (Director). Past directors included Sunil Agarwal, Kalipada Bhattacharya, Shashank Prashad. It holds ₹192.28 Cr open charges and ₹27.64 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 18, Rabindra Sarani, Poddar Court Building, Kolkata, West Bengal, 700001.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U29303WB1982PLC034996

  • Registration Number

    034996

  • Incorporation Date

    19 June 1982

  • Authorized Capital

    ₹28.00 Cr

  • Paid-Up Capital

    ₹21.45 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 28.00 Cr
  • Paid Up Capital ₹ 21.45 Cr
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 192.28 Cr
  • Satisfied Charges ₹ 27.64 Cr
  • Revenue Growth **** %
  • Ebitda ****
  • Net Worth -0.00%
  • Total Assets **** 171.09%
Company report

Polar Industries Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polar Industries 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 Polar Industries Ltd?
Current Directors
Name Designation Appointment Date Status
Sunil Agarwal Director 20 Jan 1990 Current
Jog Lal Director 04 Jan 2020 Current
Tunnu Mahato Director 30 Nov 2018 Current
Anil Kumar Agarwal Managing Director 16 Dec 1983 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Jan 2020 Past
Pramod Abcsdd Whole-Time Director 03 Nov 2008 Past
Pramod Abcsdd Additional Director 12 Aug 2008 Past
Pramod Abcsdd Company Secretary 21 Apr 2008 Past
Pramod Abcsdd Director 24 May 2007 Past
Pramod Abcsdd Director 06 Apr 2007 Past

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Financial Performance of Polar Industries.

Polar Industries Ltd, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of -0%.

Polar Industries revenue growth over time
Polar Industries 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
*******
 171.09%
*******
*******
*******
*******
Profit or Loss
*******
*******
*******
*******
*******
*******
Net Worth
*******
 -0.00%
*******
*******
*******
*******
EBITDA
*******
*******
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polar Industries?

In 2024, Polar Industries had a promoter holding of 28.65% and a public holding of 71.35%. 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

₹1,922,811,800.00

Satisfied Charges

₹276,444,000.00

Charges Breakdown by Lending Institutions
  • Punjab National Bank : 118.09 Cr
  • Allahabad Bank : 23.86 Cr
  • The Saraswat Co-Operative Bank Limited : 18.00 Cr
  • Ifci Limited : 11.00 Cr
  • Asset Reconstruction Company (India) Limited : 5.82 Cr
  • Others : 15.51 Cr
Latest Charge Details
Date Lender Amount Status
02 May 2011 The Saraswat Co-Operative Bank Limited ₹9.00 Cr Open
31 Mar 2011 The Saraswat Co-Operative Bank Limited ₹9.00 Cr Open
04 Sep 2006 Mr Sunil Gupta ₹2.00 Cr Open
16 Oct 2002 Western India Trustee And Executor Co. Ltd ₹2.07 M Open
11 Dec 2001 Allahabad Bank ₹2.70 Cr Open

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How Many Employees Work at Polar Industries?

Polar Industries has a workforce of 0 employees as of Jan 07, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Polar Industries, 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 Polar Industries's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Polar Industries
Recent Activity within the Organization
  • Annual General Meeting

    Polar Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 26 Mar 1997 via Charge ID 80046810 with Idbi was fully satisfied on 26 Jul 2024. was documented.

  • Balance Sheet

    The activity Polar Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was completed.

  • Director Appointment

    The activity Jog Lal was appointed as a Director was appointed as a Director on 04 Jan 2020 & has been associated with this company since 6 years 1 month . was completed.

  • Director Appointment

    Progress on Tunnu Mahato was appointed as a Director was appointed as a Director on 30 Nov 2018 & has been associated with this company since 7 years 2 months . was documented.

  • Charges

    A charge with The Saraswat Co-Operative Bank Limited of Rs. 9.00 Cr registered on 02 May 2011 with Charge ID 10285786 was modified on 30 May 2011. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Polar Industries Ltd?

The CIN of Polar Industries Ltd is U29303WB1982PLC034996.

Where is Polar Industries Ltd headquartered?

Polar Industries Ltd is headquartered at 18, Rabindra Sarani, Poddar Court Building, Kolkata, West Bengal, 700001.

When was Polar Industries Ltd incorporated?

Polar Industries Ltd was incorporated on 19 June 1982.

Who are the current directors of Polar Industries Ltd?

The current directors of Polar Industries Ltd are

What is the primary industry of Polar Industries Ltd?

The primary industry of Polar Industries Ltd is Consumer Electronics & Durables.

Is Polar Industries Ltd a listed company?

Polar Industries Ltd is unlisted.

What is the capital structure of Polar Industries Ltd?

The authorized capital of Polar Industries Ltd is ₹28.00 Cr, and the paid-up capital is ₹21.45 Cr.

What is the compliance status of Polar Industries Ltd?

The compliance status of Polar Industries Ltd is Active Non-Compliant.

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