Polo Developers Private Limited(Tr.Co.) - Company Profile

It is a financial services private limited company based in Surat, Gujarat, India, established in 1997.
1997 Surat, Gujarat, India Active
Last Updated:
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About Polo Developers Private Limited(Tr.Co.)

Polo Developers Private Limited(Tr.Co.), a active private limited company, was established on 06 October 1997 in Surat, Gujarat, India. Engaging in real estate financing within the financial services sector, it holds CIN: U45201GJ1997PTC045577. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a active non-compliant status. Its leadership includes Champak Kirtilal Mehta (Director), Pravin Shah Chandulal (Director). It holds ₹2,130.10 Cr open charges and ₹2,290.10 Cr settled loans. Its latest AGM occurred on 27 September 2014, with the balance sheet filed on 31 March 2014. It is based at 26 Kadam Palli Societynr Sneh Milan Garden Timaliya Wad Nanpura, Surat, Gujarat, 395001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45201GJ1997PTC045577

  • Registration Number

    045577

  • Incorporation Date

    06 October 1997

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2014
  • Open Charges ₹ 2,130.10 Cr
  • Satisfied Charges ₹ 2,290.10 Cr
Company report

Polo Developers Private Limited(Tr.Co.)

Company Report FY 2025-2026

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Who are the key members and board of directors at Polo Developers Private Limited(Tr.Co.)?
Current Directors
Name Designation Appointment Date Status
Champak Kirtilal Mehta Director 30 Sep 2002 Current
Pravin Shah Chandulal Director 30 Sep 2002 Current

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Financial Performance of Polo DevelopersTr.Co.).

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Polo DevelopersTr.Co.) revenue growth over time
Polo DevelopersTr.Co.) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Polo DevelopersTr.Co.)?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹21,301,000,000.00

Satisfied Charges

₹22,901,000,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda Acting On Behalf Of Bank Of Baroda Consortium Of Banks : 2130.10 Cr
Latest Charge Details
Date Lender Amount Status
29 Oct 2013 Bank Of Baroda Acting On Behalf Of Bank Of Baroda Consortium Of Banks ₹1,108.05 Cr Open
31 Aug 2010 Bank Of Baroda Acting On Behalf Of Bank Of Baroda Consortium Of Banks ₹1,022.05 Cr Open
27 Nov 2009 State Bank Of Mysore ₹8.90 Cr Satisfied
23 Sep 2009 Bank Of Baroda ₹43.00 Cr Satisfied
25 Mar 2009 Bank Of Baroda ₹2.80 Cr Satisfied

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How Many Employees Work at Polo DevelopersTr.Co.)?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Polo DevelopersTr.Co.)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Polo Developers Private Limited(Tr.Co.) last Annual general meeting of members was held on 27 Sep 2014 as per latest MCA records. was completed.

  • Balance Sheet

    Polo Developers Private Limited(Tr.Co.) has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge with Bank Of Baroda Acting On Behalf Of Bank Of Baroda Consortium Of Banks of Rs. 11,080.50 M registered on 29 Oct 2013 with Charge ID 10466403 was modified on 04 Dec 2013. was recorded as a recent event.

  • Charges

    The activity A charge with Bank Of Baroda Acting On Behalf Of Bank Of Baroda Consortium Of Banks amounted to Rs. 11,080.50 M with Charge ID 10466403 was registered on 29 Oct 2013. was completed.

  • Charges

    A charge with Bank Of Baroda Acting On Behalf Of Bank Of Baroda Consortium Of Banks of Rs. 10,220.50 M registered on 31 Aug 2010 with Charge ID 10243982 was modified on 05 Jul 2012. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 26 Oct 2005 via Charge ID 80015335 with Bank Of Baroda was fully satisfied on 11 Jan 2011. was documented.

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Frequently Asked Questions
What is the CIN of Polo Developers Private Limited(Tr.Co.)?

The CIN of Polo Developers Private Limited(Tr.Co.) is U45201GJ1997PTC045577.

Where is Polo Developers Private Limited(Tr.Co.) headquartered?

Polo Developers Private Limited(Tr.Co.) is headquartered at 26 Kadam Palli Societynr Sneh Milan Garden Timaliya Wad Nanpura, Surat, Gujarat, 395001.

When was Polo Developers Private Limited(Tr.Co.) incorporated?

Polo Developers Private Limited(Tr.Co.) was incorporated on 06 October 1997.

Who are the current directors of Polo Developers Private Limited(Tr.Co.)?

The current directors of Polo Developers Private Limited(Tr.Co.) are

What is the primary industry of Polo Developers Private Limited(Tr.Co.)?

The primary industry of Polo Developers Private Limited(Tr.Co.) is Financial Services.

Is Polo Developers Private Limited(Tr.Co.) a listed company?

Polo Developers Private Limited(Tr.Co.) is unlisted.

What is the capital structure of Polo Developers Private Limited(Tr.Co.)?

The authorized capital of Polo Developers Private Limited(Tr.Co.) is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Polo Developers Private Limited(Tr.Co.)?

The compliance status of Polo Developers Private Limited(Tr.Co.) is Active Non-Compliant.

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