About Polestar Maritime Limited
Data last updated: 06 February 2026
Polestar Maritime Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Pml Ventures Private Limited. It specialises in shipping and maritime services, a part of the broader transport and logistics sector. Incorporated on 08 November 2000, the company has been in operation for over 26 years.
Registered with ROC Mumbai under CIN U63032MH2000PLC129516.
Capital: an authorised share capital of ₹45 Cr and a paid-up capital of ₹2.52 Cr. Formerly known as Logistic Projects (India) Limited. It is led by directors including Saahil Prakash Dugar and Sharan Ravi Kuruwa.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 109 10Th Floor Bajaj Bhawan Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.09 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 120 employees as per the latest available data. It operates as a subsidiary of Pml Ventures Private Limited. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹172 Cr and satisfied charges of ₹79 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polestarmaritime.com.
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Registered Address109 10Th Floor Bajaj Bhawan Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryTransport and Logistics, Shipping & Maritime Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Polestar Maritime Limited
Polestar Maritime Limited has one previous CIN (Corporate Identification Number): U63032MH2000PTC129516. The current CIN is U63032MH2000PLC129516, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63032MH2000PLC129516 | Current |
| U63032MH2000PTC129516 | Previous |
Business Activity of Polestar Maritime Limited
Polestar Maritime Limited is engaged in the principal business activity of transport and storage, with detailed activities including water transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport | Locked |
Business activity turnover details for Polestar Maritime Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Polestar Maritime Limited
Polestar Maritime Limited is audited by V K BESWAL & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V K BESWAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Polestar Maritime Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Polestar Maritime Limited
Polestar Maritime Limited is currently managed by 7 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Saahil Prakash Dugar
Also directs:
Indus Ventures & Traders Llp, Idea Traders Llp, Encompass Design India Limited and 1 more
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Director | 25 Mar 2016 | 10 Years 4 Months | Current |
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Sharan Ravi Kuruwa
Also directs:
Indus Ventures & Traders Llp, Asiatic Oxygen Ltd
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Director | 25 Mar 2016 | 10 Years 4 Months | Current |
| Juhi Suryakant Parekh | Director | 30 Sep 2022 | 3 Years 10 Months | Current |
| Anirudh Dhirajlal Bhammar | Director | 30 Sep 2022 | 3 Years 10 Months | Current |
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Suryakant Mulji Parekh
Also directs:
Fundalogical Ventures Growth Llp, Apple Edibles And Logistics Private Limited, Ashish Synthetics Private Limited and 5 more
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Director | 13 Dec 2005 | 20 Years 8 Months | Current |
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Bhagwandas Moolji Parekh
Also directs:
Logistic Ventures Llp, Orchid Shipping Private Limited, Seabridge Terminals Private Limited and 3 more
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Director | 01 Oct 2013 | 12 Years 10 Months | Current |
Financials of Polestar Maritime Limited FY 2025 filings available
Polestar Maritime Limited reported revenue of ₹151.09 Cr (up 9.00% YoY) for FY 2025.
Ten-year financial statements for Polestar Maritime Limited
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Ownership and Shareholding of Polestar Maritime Limited
Shareholding and ownership data for Polestar Maritime Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Polestar Maritime Limited
Polestar Maritime Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Polestar Maritime Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Unique Star Maritime Private Limited | U61200MH2021PTC363880 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Polestar Maritime Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2025 | Hdfc Bank Limited | ₹20 Cr | Open |
| 17 Jul 2025 | Hdfc Bank Limited | ₹12 Cr | Open |
| 05 Dec 2024 | Hdfc Bank Limited | ₹75 Cr | Open |
| 30 Sep 2022 | Hdfc Bank Limited | ₹25 Cr | Open |
| 28 Dec 2018 | Hdfc Bank Limited | ₹25 Cr | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Polestar Maritime Limited
Polestar Maritime Limited has a workforce of 120 employees as of Apr 09, 2024.
Employee and EPFO history for Polestar Maritime Limited
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GST Compliance of Polestar Maritime Limited
GST registrations and filing compliance for Polestar Maritime Limited
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Credit Ratings, Litigation & Regulatory Alerts for Polestar Maritime Limited
Credit ratings, litigation, and regulatory alerts for Polestar Maritime Limited
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MSME Payment Delays by Polestar Maritime Limited
MSME payment history for Polestar Maritime Limited
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Subsidiaries & Group Companies of Polestar Maritime Limited
Corporate group structure for Polestar Maritime Limited
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MCA Filings & Documents of Polestar Maritime Limited
MCA filings and documents for Polestar Maritime Limited
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Recent Activity on Polestar Maritime Limited
Frequently Asked Questions about Polestar Maritime Limited
Polestar Maritime Limited is an active public limited company in the transport and logistics sector based in Mumbai, Maharashtra, India. It was incorporated on 08 November 2000 (26+ years old) and is registered under CIN U63032MH2000PLC129516. The company has 120 employees.
Polestar Maritime Limited reported revenue of ₹151.09 Cr for FY 2025 (up 9.00% YoY).
The current directors of Polestar Maritime Limited are:
- Saahil Prakash Dugar - Director
- Sharan Ravi Kuruwa - Director
- Juhi Suryakant Parekh - Director
- Anirudh Dhirajlal Bhammar - Director
- Suryakant Mulji Parekh - Director
- Bhagwandas Moolji Parekh - Director
- Vinit Ashok Badani - Director
The primary industry of Polestar Maritime Limited is transport and logistics. The company specifically operates in shipping and maritime services. The company is currently active in this sector.
Polestar Maritime Limited can be reached at the registered office: 109 10Th Floor Bajaj Bhawan Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website polestarmaritime.com.
The authorised capital is ₹45 Cr, and the paid-up capital is ₹2.52 Cr.