Polaris Buildcon LLP
About Polaris Buildcon LLP
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Polaris Buildcon LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 August 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAK-3723. Its GSTIN is 24AAUFP7517K1ZM (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Rajeshkumar Balubhai Padariya and Jigneshkumar Manubhai Vora.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at B – 508 Galaxy Business Park Opp. Torrent Power Sub Station S.P Ring Road Nikol, Ahmedabad, Gujarat, India – 382350.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹97.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹65.97 Lakh (net margin 68%) and EBITDA of ₹3.88 Lakh (EBITDA margin 4%).
As per MCA filings, the LLP has open charges of ₹70 Cr and satisfied charges of ₹20 Cr on record.
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- Registered AddressB – 508 Galaxy Business Park Opp. Torrent Power Sub Station S.P Ring Road Nikol, Ahmedabad, Gujarat, India – 382350
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of Polaris Buildcon LLP FY 2025 filings available
Polaris Buildcon LLP reported revenue of ₹97.08 Lakh (up 842% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Polaris Buildcon LLP
Revenue rose 842% in the latest year. EBITDA fell 97% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Polaris Buildcon LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | ₹97.08 Lakh | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹65.97 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Polaris Buildcon LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 68% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Polaris Buildcon are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Polaris Buildcon LLP
Polaris Buildcon has 4 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Balubhai Padariya Also directs: Polaris Buildtech LLP, Polaris Sunwoods Developers LLP, Polaris Sunwoods Projects LLP and 2 more | Partner | 22 Aug 2017 | 9 Years 1 Months | Current |
| Jigneshkumar Manubhai Vora | Designated Partner | 22 Aug 2017 | 9 Years 1 Months | Current |
| Rakesh Balubhai Padariya Also directs: Polaris Sunwoods Developers LLP | Designated Partner | 22 Aug 2017 | 9 Years 1 Months | Current |
| Manish Bhikhubhai Patel Also directs: Patel Business Network Foundation | Partner | 22 Aug 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Polaris Buildcon LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Polaris Buildcon LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2023 | Bajaj Housing Finance Limited | ₹35 Cr | Open |
| 07 Jun 2022 | Bajaj Housing Finance Limited | ₹35 Cr | Open |
| 06 Sep 2022 | Bajaj Housing Finance Limited | ₹6 Cr | Satisfied |
| 01 Feb 2021 | Bajaj Housing Finance Limited | ₹14 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Polaris Buildcon LLP
Employment history and EPFO contributions of people linked to Polaris Buildcon.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Polaris Buildcon LLP
Polaris Buildcon LLP has 4 designated partner changes on record since 2017: 4 appointments. The latest: Jigneshkumar Manubhai Vora was appointed as Designated Partner on 22 Aug 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polaris Buildcon LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Polaris Buildcon LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Polaris Buildcon LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Polaris Buildcon LLP
Polaris Buildcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUFP7517K1ZM | Gujarat | Active | 08 Oct 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Polaris Buildcon LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Polaris Buildcon LLP
Polaris Buildcon is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 August 2017 (9+ years old) and is registered under LLPIN AAK-3723.
Polaris Buildcon reported revenue of ₹97.08 Lakh for FY 2021 (up 842% YoY).
Polaris Buildcon has 4 current designated partners:
- Rajeshkumar Balubhai Padariya - Partner
- Jigneshkumar Manubhai Vora - Designated Partner
- Rakesh Balubhai Padariya - Designated Partner
- Manish Bhikhubhai Patel - Partner
Polaris Buildcon reported a net profit of ₹65.97 Lakh (net margin 68%) and EBITDA of ₹3.88 Lakh (EBITDA margin 4%) for FY 2021, as per its filed financial statements.
The GSTIN of Polaris Buildcon is 24AAUFP7517K1ZM, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Polaris Buildcon is AAK-3723. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Polaris Buildcon was incorporated on 22 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jigneshkumar Manubhai Vora was appointed as Designated Partner on 22 Aug 2017. Manish Bhikhubhai Patel was appointed as Partner on 22 Aug 2017. Rajeshkumar Balubhai Padariya was appointed as Partner on 22 Aug 2017. Polaris Buildcon has 4 designated partner changes on record in total.
The registered office of Polaris Buildcon is at B – 508 Galaxy Business Park Opp. Torrent Power Sub Station S.P Ring Road Nikol, Ahmedabad, Gujarat, India – 382350.
The total obligation of contribution is ₹1 Lakh.