About Polar Pharma India Limited
Data last updated: 24 June 2025
Polar Pharma India Limited is a public limited company based in Balasore, Orissa, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in medical consumables and supplies, a part of the broader healthcare sector. Incorporated on 20 December 1988, the company has been in operation for over 38 years.
Registered with ROC Cuttack under CIN L25199OR1988PLC002144. Listed.
Capital: an authorised share capital of ₹23 Cr and a paid-up capital of ₹13.52 Cr. It is led by directors including Ved Prakash Jain and Kishan Lal Sharma.
Last AGM: 29 September 2012. Financial statements filed for year ended 31 March 2012. Office: Somanathpur Industrial Estatevia: Remuna, Balasore, Orissa, India – 756019.
As per MCA filings, the company has open charges of ₹119.2 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is polarinc.com.
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Registered AddressSomanathpur Industrial Estatevia: Remuna, Balasore, Orissa, India – 756019
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IndustryHealthcare, Medical Consumables & Supplies, Medical & Laboratory Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Board of Directors of Polar Pharma India Limited
Polar Pharma India Limited is currently managed by 4 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ved Prakash Jain | Director | 07 Apr 2009 | 17 Years 3 Months | As last reported |
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Kishan Lal Sharma
Also directs:
Sheffield Appliances Limited, Dhruviya International Limited, Koyo Tech Electro Private Limited and 3 more
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Director | 05 Jan 2012 | 14 Years 6 Months | As last reported |
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Anil Kumar Agarwal
Also directs:
Polar Industries Ltd, Sheffield Appliances Limited, Artica Forging And Tools Limited and 5 more
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Managing Director | 20 Dec 1988 | 37 Years 7 Months | As last reported |
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Sunil Agarwal
Also directs:
Polar Industries Ltd
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Whole-Time Director | 20 Dec 1988 | 37 Years 7 Months | As last reported |
Financials of Polar Pharma India Limited FY 2012 filings available
Ten-year financial statements for Polar Pharma India Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Charges & Borrowings of Polar Pharma India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2006 | State Bank of Hyderabad | ₹2.3 Cr | Open |
| 30 May 2005 | State Bank of Hyderabad | ₹1.5 Cr | Open |
| 02 Jul 2002 | Allahabad Bank | ₹2.1 Cr | Open |
| 20 Jun 2002 | State Bank of Hyderabad | ₹50 Lakh | Open |
| 08 May 2001 | Allahabad Bank | ₹9.6 Cr | Open |
Total charge records: 27 View all charges
Employees and EPFO Compliance at Polar Pharma India Limited
View historical data on people associated with Polar Pharma India Limited, including employment history and EPFO contributions.
Employee and EPFO history for Polar Pharma India Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Polar Pharma India Limited
GST registrations and filing compliance for Polar Pharma India Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Polar Pharma India Limited
Credit ratings, litigation, and regulatory alerts for Polar Pharma India Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
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MSME Payment Delays by Polar Pharma India Limited
MSME payment history for Polar Pharma India Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Polar Pharma India Limited
Corporate group structure for Polar Pharma India Limited
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MCA Filings & Documents of Polar Pharma India Limited
MCA filings and documents for Polar Pharma India Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Polar Pharma India Limited
Frequently Asked Questions about Polar Pharma India Limited
Polar Pharma India Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Polar Pharma India Limited is a company under liquidation, formerly operating as a public limited company in the healthcare sector based in Balasore, Orissa, India. It was incorporated on 20 December 1988 and is registered under CIN L25199OR1988PLC002144. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
The current directors of Polar Pharma India Limited are:
- Ved Prakash Jain - Director
- Kishan Lal Sharma - Director
- Anil Kumar Agarwal - Managing Director
- Sunil Agarwal - Whole-Time Director
The CIN (Corporate Identification Number) of Polar Pharma India Limited is L25199OR1988PLC002144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Polar Pharma India Limited is a listed company.
Polar Pharma India Limited has open charges of ₹119.2 Cr and no satisfied charges on record as per latest MCA filings.