Polo Chits Private Limited
About Polo Chits Private Limited
Data last updated:
Polo Chits Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chit fund and microfinance segment of the financial services sector. It was incorporated on 14 August 1989.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U65992DL1989PTC037371.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It was led by directors Vikas Gandhi (Managing Director) and Shunty Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2009, and its latest financial statements are for the year ended 31 March 2009. The registered office was at B – 28 Ganesh Nagar Opp. B – 1 Cheek Post Janak Puri New Delhi, Delhi, India.
Company details
Contact details
Polo Chits Private Limited's registered office is in Delhi.
- Registered AddressB – 28 Ganesh Nagar Opp. B – 1 Cheek Post Janak Puri New Delhi, Delhi, India
- IndustryFinancial Services, Kuri Companies, Other Financial Intermediation, Chit Fund
- 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 Polo Chits Private Limited
FY 2009 filings availableFinancial Statement Summary
| Metrics | FY 2008-09 |
|---|---|
| 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
| Metrics | FY 2008-09 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Polo Chits Private Limited, buy the company report.
Board of directors of Polo Chits Private Limited
Polo Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shunty Gandhi | Director | 25 Mar 1997 | 29 Years 6 Months | As last reported |
| Vikas Gandhi | Managing Director | 14 Aug 1989 | 37 Years 2 Months | As last reported |
Legal cases
No court or tribunal cases involving Polo Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polo Chits 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 Polo Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Polo Chits Private Limited has 2 board changes on record since 1989: 2 appointments. The latest: Shunty Gandhi was appointed as Director on 25 Mar 1997.
Frequently asked questions
Polo Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Polo Chits was a private limited company based in Delhi, India. The company worked in kuri companies, within the financial services industry. It was incorporated on 14 August 1989 and is registered under CIN U65992DL1989PTC037371. The company has been struck off by the Registrar of Companies and is no longer operational.
Polo Chits had 2 directors:
- Vikas Gandhi - Managing Director
- Shunty Gandhi - Director
The CIN (Corporate Identification Number) of Polo Chits is U65992DL1989PTC037371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Polo Chits is at B – 28 Ganesh Nagar Opp. B – 1 Cheek Post Janak Puri New Delhi, Delhi, India.
Polo Chits was incorporated on 14 August 1989. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Polo Chits on record with the MCA are for the year ended 31 March 2009. Its last annual general meeting was held on 30 September 2009. Year-wise statements from 2015 are in the company report.
Polo Chits operated in the financial services industry, in the kuri companies segment. It worked in this industry before it was struck off.
Shunty Gandhi was appointed as Director on 25 Mar 1997. Vikas Gandhi was appointed as Managing Director on 14 Aug 1989.
Polo Chits can be reached at its registered office: B – 28 Ganesh Nagar Opp. B – 1 Cheek Post Janak Puri New Delhi, Delhi, India.