Polar Power Systems Private Limited

Polar Power Systems Private Limited - electrical in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U31506KA2011PTC057007 Incorporated 10 February 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company electrical
Data last updated
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
Last financials
Mar 2013
Balance sheet date
Last AGM
30 Sep 2013
Annual general meeting
Company status
Struck Off
MCA master data
Registrar
Bangalore
ROC office

About Polar Power Systems Private Limited

Data last updated:

Polar Power Systems Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing segment of the electrical equipment sector. It was incorporated on 10 February 2011.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U31506KA2011PTC057007.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Prabhat Kumar and Vijayakumar Damodhar Padhye.

Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office was at No.32 (Old No.26) 4th Temple Street 15th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.

Company details

CIN U31506KA2011PTC057007
Registration Number 057007
Incorporation Date 10 February 2011
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2013
Date of Balance Sheet 31 March 2013

Contact details

Polar Power Systems Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    No.32 (Old No.26) 4th Temple Street 15th Cross Malleshwaram, Bangalore, Karnataka, India – 560003
  • Industry
    Electrical, Manufacturing, Lighting Equipment
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Financials of Polar Power Systems Private Limited

FY 2013 filings available

Financial Statement Summary

MetricsFY 2012-13
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 2012-13
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 Power Systems Private Limited, buy the company report.

Board of directors of Polar Power Systems Private Limited

Polar Power Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Prabhat KumarDirector10 Feb 201115 Years 8 MonthsAs last reported
Vijayakumar Damodhar PadhyeDirector23 Dec 201312 Years 10 MonthsAs last reported
Rajesh SondhiDirector10 Feb 201115 Years 8 MonthsAs last reported

MSME payment delays

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

Recent activity

Polar Power Systems Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Jaideep Vijaykumar Padhye ceased to be Director on 07 Jan 2014.

Ceased
Jaideep Vijaykumar Padhye ceased to be Director.
Appointed
Vijayakumar Damodhar Padhye was appointed as Director.
AGM
Polar Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2013 as per latest MCA records.
Filing
Polar Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Bangalore.
Appointed
Prabhat Kumar was appointed as Director.
Appointed
Rajesh Sondhi was appointed as Director.
Incorporation
10 Feb 2011
Polar Power Systems Private Limited was registered on 10 Feb 2011 with Roc Bangalore & aged 15 years 8 months as per MCA records.

Frequently asked questions

Polar Power Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Polar Power Systems was a private limited company based in Bangalore, Karnataka, India. The company worked in manufacturing, within the electrical industry. It was incorporated on 10 February 2011 and is registered under CIN U31506KA2011PTC057007. The company has been struck off by the Registrar of Companies and is no longer operational.

Polar Power Systems had 3 directors:

The CIN (Corporate Identification Number) of Polar Power Systems is U31506KA2011PTC057007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Polar Power Systems is at No.32 Old No.26 4th Temple Street 15th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.

Polar Power Systems was incorporated on 10 February 2011. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Polar Power Systems on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.

Polar Power Systems operated in the electrical industry, in the manufacturing segment. It worked in this industry before it was struck off.

Jaideep Vijaykumar Padhye ceased to be Director on 07 Jan 2014. Vijayakumar Damodhar Padhye was appointed as Director on 23 Dec 2013. Prabhat Kumar was appointed as Director on 10 Feb 2011. Polar Power Systems has 4 board changes on record in total.

Polar Power Systems can be reached at its registered office: No.32 Old No.26 4th Temple Street 15th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.