Polarisgrids Private Limited

Polarisgrids Private Limited - business services in Jaipur, Rajasthan, India. Directors, charges & compliance details.
CIN U26513RJ2024PTC098903 Incorporated 19 December 2024 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Private Limited Company
Data last updated
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.75 Lakh
Issued & subscribed
Open charges
₹40 Cr
Secured borrowings
Company age
2 yrs
Est. 2024
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
24 Dec 2025
Annual general meeting
Company status
Active
MCA master data

About Polarisgrids Private Limited

Data last updated:

Polarisgrids Private Limited is a private limited company based in Jaipur, Rajasthan, India. It was incorporated on 19 December 2024.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U26513RJ2024PTC098903.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.75 Lakh. It is led by directors including Varun Unnikrishnan and Ashish Agarwal.

Its last annual general meeting (AGM) was held on 24 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 418 Road No.14, Jaipur, Rajasthan, India – 302013.

As per MCA filings, the company has open charges of ₹40 Cr on record. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in September 2025.

Company details

CIN U26513RJ2024PTC098903
Registration Number 098903
Incorporation Date 19 December 2024
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 December 2025
Date of Balance Sheet 31 March 2025

Contact details

Polarisgrids Private Limited's registered office is in Jaipur, Rajasthan.

  • Registered Address
    E – 418 Road No.14, Jaipur, Rajasthan, India – 302013
Comprehensive company report
Polarisgrids Private Limited - one report that includes everything
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  • 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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Financials of Polarisgrids Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2024-25
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 2024-25
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
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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 Polarisgrids Private Limited, buy the company report.

Board of directors of Polarisgrids Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Varun UnnikrishnanAdditional Director25 Dec 20241 Years 10 MonthsCurrent
Ashish AgarwalAdditional Director25 Dec 20241 Years 10 MonthsCurrent
Yashraj KhaitanAdditional Director25 Dec 20241 Years 10 MonthsCurrent

Charges & borrowings

Open charges
₹40 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹40.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jan 2026101234470Axis Bank Limited₹40 CrOpen

Total charge records: 1 View all charges

Deals & funding

Polarisgrids Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in September 2025.

Total deals
3
Rights issues
2
Secondary share transfer
1

Deals on record (3 of 3)

WhenDealAmountParties
Sep 2025Rights issue₹16.55 CrInvestors: Polarisgrids Private Limited
May 2025Rights issue₹32.48 CrInvestors: Greenmet Solutions II Pte Limited
Dec 2024Secondary share transferUndisclosedBuyer: Greenmet Solutions II Pte Limited & Updesh Singh Tomar, Greenmet Solutions II Pte Limited
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Recent activity

Polarisgrids Private Limited has 4 board changes on record since 2024: 3 appointments and 1 cessation. The latest: Deepak Bhat ceased to be Director on 27 Dec 2024.

Charges
A charge with Axis Bank Limited amounted to Rs. 4,000.00 Lakh with Charge ID 101234470 was registered on 28 Jan 2026.
AGM
Polarisgrids Private Limited last Annual general meeting of members was held on 24 Dec 2025 as per latest MCA records.
Filing
Polarisgrids Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Ceased
Deepak Bhat ceased to be Director.
Appointed
Ashish Agarwal was appointed as Additional Director.
Appointed
Varun Unnikrishnan was appointed as Additional Director.
Appointed
Yashraj Khaitan was appointed as Additional Director.
Incorporation
19 Dec 2024
Polarisgrids Private Limited was registered on 19 Dec 2024 with Roc Jaipur & aged 1 year 10 months as per MCA records.

Frequently asked questions

Polarisgrids is an active private limited company based in Jaipur, Rajasthan, India. It was incorporated on 19 December 2024 (2+ years old) and is registered under CIN U26513RJ2024PTC098903.

Polarisgrids has 3 current directors:

The latest financial statements of Polarisgrids on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 December 2025. Year-wise statements from FY 2025 are in the company report.

The CIN (Corporate Identification Number) of Polarisgrids is U26513RJ2024PTC098903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polarisgrids was incorporated on 19 December 2024, making it 2+ years old. It is registered with the Registrar of Companies, Jaipur.

Polarisgrids has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in September 2025.

Deepak Bhat ceased to be Director on 27 Dec 2024. Ashish Agarwal was appointed as Additional Director on 25 Dec 2024. Varun Unnikrishnan was appointed as Additional Director on 25 Dec 2024. Polarisgrids has 4 board changes on record in total.

The registered office of Polarisgrids is at E – 418 Road No.14, Jaipur, Rajasthan, India – 302013.

Polarisgrids has open charges of ₹40 Cr and no satisfied charges on record as per latest MCA filings.

Polarisgrids can be reached at its registered office: E – 418 Road No.14, Jaipur, Rajasthan, India – 302013.