Polestar Traders Private Limited
About Polestar Traders Private Limited
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Polestar Traders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 22 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2013PTC241273. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.35 Cr. It is led by directors Raju Ramlal Patwa and Manish Kumar Nathmal Babel.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Office No. 906 9th Floor Prasad Chamber 719 Opera House Swadeshi Mill Compound, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2015, the company reported a revenue of ₹56.66 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹26.96 Lakh (net margin 0.5%) and EBITDA of ₹1.53 Cr (EBITDA margin 2.7%).
As per MCA filings, the company has open charges of ₹9.5 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Polestar Traders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. 906 9th Floor Prasad Chamber 719 Opera House Swadeshi Mill Compound, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Construction Materials Retail & Distribution, Metal Retail & Distribution
To see the full contact details of Polestar Traders Private Limited, buy the company report.
- 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
Financials of Polestar Traders Private Limited
FY 2015 filings availablePolestar Traders Private Limited reported revenue of ₹56.66 Cr (up 35% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year. EBITDA rose 30% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹56.66 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.53 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹26.96 Lakh |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.7% |
| Net Profit Margin | 0.5% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| 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 Polestar Traders Private Limited, buy the company report.
Board of directors of Polestar Traders Private Limited
Polestar Traders has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Ramlal Patwa | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Manish Kumar Nathmal Babel | Director | 22 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Polestar Traders Private Limited is audited by Mohandas & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohandas & Co. | FY 2015 | 106529W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2013 | 10436903 | Punjab National Bank | ₹8 Cr | Open | |
| 27 Jun 2013 | 10436908 | Punjab National Bank | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Polestar Traders Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Polestar Traders Private Limited was last rated by Icra on 31 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 May 2022 |
To see the full credit ratings and regulatory alerts of Polestar Traders Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polestar Traders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polestar Traders has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Polestar Traders Private Limited, buy the company report.
Recent activity
Polestar Traders Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Umesh Vrajlal Damania ceased to be Director on 02 Feb 2016.
Frequently asked questions
Polestar Traders is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 22 March 2013 (13+ years old) and is registered under CIN U51900MH2013PTC241273.
Polestar Traders has 2 current directors:
- Raju Ramlal Patwa - Director
- Manish Kumar Nathmal Babel - Director
The latest financial statements of Polestar Traders on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Polestar Traders has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Polestar Traders is U51900MH2013PTC241273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polestar Traders was incorporated on 22 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Umesh Vrajlal Damania ceased to be Director on 02 Feb 2016. Govindnarain Kedarnath Kakda ceased to be Additional Director on 13 Oct 2014. Adhir Kumawat ceased to be Director on 01 Oct 2014. Polestar Traders has 7 board changes on record in total.
The registered office of Polestar Traders is at Office No. 906 9th Floor Prasad Chamber 719 Opera House Swadeshi Mill Compound, Mumbai, Maharashtra, India – 400004.
Polestar Traders operates in the metals and minerals industry, in the construction materials retail and distribution segment.
Polestar Traders has open charges of ₹9.5 Cr and no satisfied charges on record as per latest MCA filings.