MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0109602
Polaris Renewable Solutions Private Limited
Polaris Renewable Solutions Private Limited - consumer electronics & durables in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.17 Cr
▲ 134% YoY
Net profit · FY 2025
₹1.68 Cr
Net margin 4.8%
EBITDA · FY 2025
₹2.58 Cr
EBITDA margin 7.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.55 Cr
Satisfied ₹50 Lakh
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Polaris Renewable Solutions Private Limited
Data last updated:
Polaris Renewable Solutions Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 13 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC299724. Its GSTIN is 27AAJCP4265E1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Swapnil Sharad Tajanpure and Gunpreet Singh Gujral.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F No. 6 Rajdhani Co.Op Soc Kamod Nagar Indira Nagar Near Gajanan Mandir, Nashik, Maharashtra, India – 422000.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.17 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 4.8%) and EBITDA of ₹2.58 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 58% over five years.
The company is associated with 1 brand: Polaris Energy Solution. As per MCA filings, the company has open charges of ₹3.55 Cr and satisfied charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Polaris Renewable Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0109602). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2017PTC299724
Registration Number 299724
Incorporation Date 13 September 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0109602
Key People
Swapnil Sharad Tajanpure Director Gunpreet Singh Gujral Director Pushkar Madhukar Panchakshari Director Recognitions & Rankings of Polaris Renewable Solutions
Contact details
Polaris Renewable Solutions Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF No. 6 Rajdhani Co.Op Soc Kamod Nagar Indira Nagar Near Gajanan Mandir, Nashik, Maharashtra, India – 422000
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Polaris Renewable Solutions Private Limited, buy the company report.
Comprehensive company report
Polaris Renewable Solutions Private Limited - one report that includes everything
- 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
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Brands
Polaris Renewable Solutions operates one associated brand: Polaris Energy Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar engineering, procurement, and construction for businesses and homeowners. | polarisenergy.in |
Business activity
The main business activity of Polaris Renewable Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Polaris Renewable Solutions Private Limited, buy the company report.
Financials of Polaris Renewable Solutions Private Limited
FY 2025 filings availablePolaris Renewable Solutions Private Limited reported revenue of ₹35.17 Cr (up 134% YoY) for FY 2025.
Revenue · FY 2025
₹35.17 Cr ▲ 134%
Net profit · FY 2025
₹1.68 Cr margin 4.8%
EBITDA · FY 2025
₹2.58 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 134%
3 years · compounded
▲ 60%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 171%
5 years · compounded
▲ 138%
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 134% growth in the latest year. EBITDA rose 127% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.68 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Polaris Renewable Solutions Private Limited, buy the company report.
Board of directors of Polaris Renewable Solutions Private Limited
Polaris Renewable Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapnil Sharad Tajanpure Also directs: Enchanting Foods and Agro LLP | Director | 13 Sep 2017 | 9 Years 1 Months | Current |
| Gunpreet Singh Gujral Also directs: Phikanet BPO Services Private Limited | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Pushkar Madhukar Panchakshari | Director | 10 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Polaris Renewable Solutions Private Limited is audited by TUSHAR PAGAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TUSHAR PAGAR & CO | FY 2022 | 120934W |
Shareholding
The shareholding of Polaris Renewable Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polaris Renewable Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.55 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2025 | 101062267 | Others | ₹3.5 Cr | Open | |
| 15 Jan 2025 | 101037508 | Hdfc Bank Limited | ₹5 Lakh | Open | |
| 16 Nov 2023 | 100834154 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Polaris Renewable Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Polaris Renewable Solutions Private Limited has 2 court cases on record: 2 filed by Polaris Renewable Solutions. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Polaris Renewable Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polaris Renewable Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polaris Renewable Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP4265E1ZB | Maharashtra | Active | 12 Feb 2018 |
To see the full GST registrations and return filing status of Polaris Renewable Solutions Private Limited, buy the company report.
Recent activity
Polaris Renewable Solutions Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Gunpreet Singh Gujral ceased to be Additional Director on 15 Sep 2024.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 17 Mar 2025 with Charge ID 101062267 was modified on 30 Oct 2025.
AGM
Polaris Renewable Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polaris Renewable Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 101062267 was registered on 17 Mar 2025.
Charges
A charge registered on 16 Nov 2023 via Charge ID 100834154 with Others was fully satisfied on 07 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 101037508 was registered on 15 Jan 2025.
Ceased
Gunpreet Singh Gujral ceased to be Additional Director.
Appointed
Gunpreet Singh Gujral was appointed as Director.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100834154 was registered on 16 Nov 2023.
Ceased
Pushkar Madhukar Panchakshari ceased to be Additional Director.
Ceased
Aarti Pushkar Panchakshari ceased to be Director.
Appointed
Pushkar Madhukar Panchakshari was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Polaris Renewable Solutions is an active private limited company based in Nashik, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 13 September 2017 (9+ years old) and is registered under CIN U74999MH2017PTC299724.
Polaris Renewable Solutions has 3 current directors:
- Swapnil Sharad Tajanpure - Director
- Gunpreet Singh Gujral - Director
- Pushkar Madhukar Panchakshari - Director
The latest financial statements of Polaris Renewable Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Polaris Renewable Solutions is 27AAJCP4265E1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polaris Renewable Solutions is U74999MH2017PTC299724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polaris Renewable Solutions has 2 court cases on record: 2 filed by the company. 2 are pending.
Polaris Renewable Solutions was incorporated on 13 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Gunpreet Singh Gujral ceased to be Additional Director on 15 Sep 2024. Gunpreet Singh Gujral was appointed as Director on 15 Mar 2024. Pushkar Madhukar Panchakshari ceased to be Additional Director on 29 Sep 2022. Polaris Renewable Solutions has 7 board changes on record in total.
Yes, Polaris Renewable Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0109602).
The registered office of Polaris Renewable Solutions is at F No. 6 Rajdhani Co.Op Soc Kamod Nagar Indira Nagar Near Gajanan Mandir, Nashik, Maharashtra, India – 422000.
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