Polaris Indcomm Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 2012.
2012 Mumbai, Maharashtra, India Active
Last Updated:
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About Polaris Indcomm Private Limited

Polaris Indcomm Private Limited, a active private limited company, was established on 19 June 2012 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U52100MH2012PTC232385. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Polaris Ventures Private Limited. It upholds a compliant status. Its leadership includes Santosh Balwant Hutke (Director), Umesh Govind Raut (Director). Past directors included Salome Apurva Vora, Siddharth Prakash Bihani, Dina Prakashchand Bihani. It holds ₹51.64 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2019, with the balance sheet filed on 31 March 2019. It is based at Unit No.1003,Cello Triumph, I.B.Patel Road,Opp. Laghu Udyog, Goregao, N (East), Mumbai, Maharashtra, 400063.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U52100MH2012PTC232385

  • Registration Number

    232385

  • Incorporation Date

    19 June 2012

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 51.64 Cr
  • Revenue Growth **** -26.88%
  • Profit Growth **** -232.18%
  • Ebitda **** -178.10%
  • Net Worth -48.67%
  • Total Assets -52.19%
Company report

Polaris Indcomm Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polaris Indcomm 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 Indcomm Private Limited?
Current Directors
Name Designation Appointment Date Status
Santosh Balwant Hutke Director 16 Dec 2021 Current
Umesh Govind Raut Director 31 Dec 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 12 Jan 2018 Past
Pramod Abcsdd Additional Director 09 Aug 2017 Past
Pramod Abcsdd Additional Director 31 Aug 2018 Past
Pramod Abcsdd Director 12 Jun 2019 Past
Pramod Abcsdd Director 02 Aug 2021 Past
Pramod Abcsdd Director 23 Jul 2012 Past

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Financial Performance of Polaris Indcomm.

Polaris Indcomm Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 26.88% decrease. The company also saw a substantial fall in profitability, with a 232.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 48.67%.

Polaris Indcomm revenue growth over time
Polaris Indcomm 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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 -26.88%
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Revenue from Operations
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 -26.95%
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*******
*******
Total Assets
*******
 -52.19%
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*******
*******
*******
Profit or Loss
*******
 -232.18%
*******
*******
*******
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Net Worth
*******
 -48.67%
*******
*******
*******
*******
EBITDA
*******
 -178.10%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polaris Indcomm?

In 2019, Polaris Indcomm had a promoter holding of 100.00%. 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

₹516,360,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 25.89 Cr
  • Others : 25.75 Cr
Latest Charge Details
Date Lender Amount Status
19 Sep 2017 Others ₹25.75 Cr Open
20 Dec 2012 Bank Of Baroda ₹25.89 Cr Open

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How Many Employees Work at Polaris Indcomm?

Unlock and access historical data on people associated with Polaris Indcomm, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Polaris Indcomm, 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 Indcomm'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 Polaris Indcomm
Recent Activity within the Organization
  • Director Appointment

    The activity Santosh Balwant Hutke was appointed as a Director was appointed as a Director on 16 Dec 2021 & has been associated with this company since 4 years 2 months . was completed.

  • Director Appointment

    The activity Umesh Govind Raut was appointed as a Director was appointed as a Director on 31 Dec 2020 & has been associated with this company since 5 years 1 month . was completed.

  • Annual General Meeting

    Polaris Indcomm Private Limited last Annual general meeting of members was held on 29 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Polaris Indcomm Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai. was documented.

  • Charges

    A charge with Others amounted to Rs. 257.50 M with Charge ID 100183638 was registered on 19 Sep 2017. was recorded as a recent event.

  • Charges

    Progress on A charge with Bank Of Baroda of Rs. 258.86 M registered on 20 Dec 2012 with Charge ID 10394933 was modified on 11 Dec 2015. was documented.

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Frequently Asked Questions
What is the CIN of Polaris Indcomm Private Limited?

The CIN of Polaris Indcomm Private Limited is U52100MH2012PTC232385.

Where is Polaris Indcomm Private Limited headquartered?

Polaris Indcomm Private Limited is headquartered at Unit No.1003,Cello Triumph, I.B.Patel Road,Opp. Laghu Udyog, Goregao, N (East), Mumbai, Maharashtra, 400063.

When was Polaris Indcomm Private Limited incorporated?

Polaris Indcomm Private Limited was incorporated on 19 June 2012.

Who are the current directors of Polaris Indcomm Private Limited?

The current directors of Polaris Indcomm Private Limited are

What is the primary industry of Polaris Indcomm Private Limited?

The primary industry of Polaris Indcomm Private Limited is Trade.

Is Polaris Indcomm Private Limited a listed company?

Polaris Indcomm Private Limited is unlisted.

What is the capital structure of Polaris Indcomm Private Limited?

The authorized capital of Polaris Indcomm Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Polaris Indcomm Private Limited?

The compliance status of Polaris Indcomm Private Limited is Compliant.

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