Polaris Equipment Private Limited Company Logo

Polaris Equipment Private Limited - Company Profile

It is a machinery and equipment private limited company based in Pune, Maharashtra, India, established in 2007.

2007 | Pune, Maharashtra, India | Active
Last Updated:

About Polaris Equipment Private Limited

Polaris Equipment Private Limited, a active private limited company, was established on 15 February 2007 in Pune, Maharashtra, India. Engaging in industrial machinery retail & distribution within the agriculture, forestry, fishing sector, it holds CIN: U29299PN2007PTC129604. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.22 Cr.

It upholds a compliant status. Employing 5 professional, Its leadership includes Paul Joseph Pallan (Additional Director), Surinder Hiralal Gadoo (Director). Past directors included Priya Surinder Gadoo, Lata Shriharsh Purandare, Rajan Koul. It holds ₹2.57 Cr open charges and ₹1.74 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No. C/202, Kanchan Onyx, Sr No.- 9/7/1 & 9/7/2, Pisoli, Pune, Maharashtra, 411048.

Company Details

  • CIN/LLPIN

    U29299PN2007PTC129604

  • Registration Number

    129604

  • Incorporation Date

    15 February 2007

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.22 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.22 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.57 Cr
  • Satisfied Charges ₹ 1.74 Cr
  • Revenue Growth -15.16%
  • Profit Growth 38.88%
  • Ebitda 6.52%
  • Net Worth -90.78%
  • Total Assets -13.61%
Company report

Polaris Equipment Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Polaris Equipment Private Limited — 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 Polaris Equipment Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Paul Joseph PallanAdditional Director19 May 2025Current
Surinder Hiralal GadooDirector01 Jan 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director08 Sep 2011Past
Pramod AbcsddDirector15 Dec 2010Past
Pramod AbcsddDirector28 Feb 2015Past
Pramod AbcsddAdditional Director08 Sep 2011Past
Pramod AbcsddDirector28 Feb 2015Past
Pramod AbcsddDirector15 Dec 2010Past

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Financial Performance of Polaris Equipment.

Polaris Equipment Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.16% decrease. The company also saw a substantial improvement in profitability, with a 38.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 90.78%.

Polaris Equipment revenue growth over time
Polaris Equipment profit and loss trends over time
  • 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
-15.16%
Revenue from Operations
-18.68%
Total Assets
-13.61%
Profit or Loss
38.88%
Net Worth
-90.78%
EBITDA
6.52%

What is the Ownership and Shareholding Structure of Polaris Equipment?

Unlock access to Polaris Equipment's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹25,673,000.00

Satisfied Charges

₹17,400,000.00

Charges Breakdown by Lending Institutions

  • Others : 1.87 Cr
  • Kotak Mahindra Bank Limited : 0.55 Cr
  • Corporation Bank : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2021Others₹0.70 MOpen
30 Jan 2021Others₹1.50 CrOpen
05 Feb 2019Others₹2.02 MOpen
08 Feb 2016Others₹1.00 MOpen
04 Dec 2015Kotak Mahindra Bank Limited₹5.50 MOpen

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How Many Employees Work at Polaris Equipment?

Polaris Equipment has a workforce of 5 employees as of Mar 22, 2024. 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 growth trends for Polaris Equipment Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polaris Equipment, 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 Polaris Equipment'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.

Latest Updates, News, and FAQs on Polaris Equipment

Recent Activity within the Organization

  • Director Appointment

    Progress on Paul Joseph Pallan was appointed as a Additional Director was appointed as a Additional Director on 19 May 2025 & has been associated with this company since 7 months 7 days . was documented.

  • Annual General Meeting

    The activity Polaris Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Polaris Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100478885 was registered on 02 Sep 2021. was documented.

  • Charges

    Progress on A charge with Others of Rs. 1.50 Cr registered on 30 Jan 2021 with Charge ID 100449303 was modified on 24 Jun 2021. was documented.

  • Charges

    The activity A charge registered on 17 Mar 2018 via Charge ID 100167177 with Axis Bank Limited was fully satisfied on 18 May 2021. was completed.

Frequently Asked Questions

  • What is the CIN of Polaris Equipment Private Limited?

    The CIN of Polaris Equipment Private Limited is U29299PN2007PTC129604.

  • Where is Polaris Equipment Private Limited headquartered?

    Polaris Equipment Private Limited is headquartered at Office No. C/202, Kanchan Onyx, Sr No.- 9/7/1 & 9/7/2, Pisoli, Pune, Maharashtra, 411048.

  • When was Polaris Equipment Private Limited incorporated?

    Polaris Equipment Private Limited was incorporated on 15 February 2007.

  • Who are the current directors of Polaris Equipment Private Limited?

    The current directors of Polaris Equipment Private Limited are

  • What is the primary industry of Polaris Equipment Private Limited?

    The primary industry of Polaris Equipment Private Limited is Agriculture, Forestry, Fishing.

  • Is Polaris Equipment Private Limited a listed company?

    Polaris Equipment Private Limited is unlisted.

  • What is the capital structure of Polaris Equipment Private Limited?

    The authorized capital of Polaris Equipment Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.22 Cr.

  • What is the compliance status of Polaris Equipment Private Limited?

    The compliance status of Polaris Equipment Private Limited is Compliant.

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