- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-01-0179162

About Polo Transport Solution Private Limited
Data last updated:
Polo Transport Solution Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 21 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2019PTC106716. Its GSTIN is 24AAKCP3890N1ZS (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Manoj Kumar Sharma and Nekee Ram.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Sf/ 24 The Shyam Icon Nr. Satsangi Petrol Pump Near Aslali Ring Road Aslali, Ahmedabad, Gujarat, India – 382427.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.77 Cr. For the same year it recorded a net profit of ₹4.72 Cr (net margin 98.9%) and EBITDA of ₹4.72 Cr (EBITDA margin 98.9%).
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending.
Polo Transport Solution Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0179162). For more details, the company can be reached via its website polotransportsolution.com.
Company details
Recognitions & Rankings of Polo Transport Solution
Contact details
Polo Transport Solution Private Limited's registered office is in Ahmedabad, Gujarat. Its website is polotransportsolution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf/ 24 The Shyam Icon Nr. Satsangi Petrol Pump Near Aslali Ring Road Aslali, Ahmedabad, Gujarat, India – 382427
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Polo Transport Solution 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
Business activity
The main business activity of Polo Transport Solution is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Polo Transport Solution Private Limited, buy the company report.
Financials of Polo Transport Solution Private Limited
FY 2020 filings availablePolo Transport Solution Private Limited reported revenue of ₹4.77 Cr for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹4.77 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.72 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.72 Cr | |
| 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 98.9% | |
| Net Profit Margin | 98.9% | |
| 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 Transport Solution Private Limited, buy the company report.
Board of directors of Polo Transport Solution Private Limited
Polo Transport Solution has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Sharma Also directs: Mak Tech Enterprises India Private Limited | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Nekee Ram Also directs: Mak Tech Enterprises India Private Limited | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Ankit Sharma Also directs: Mak Tech Enterprises India Private Limited | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Polo Transport Solution Private Limited is audited by DHIRVIRSINH H PARMAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHIRVIRSINH H PARMAR & ASSOCIATES | FY 2020 | 144741W |
Shareholding
The shareholding of Polo Transport Solution Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Polo Transport Solution Private Limited, buy the company report.
Legal cases
Polo Transport Solution Private Limited has 6 court cases on record: 2 filed by Polo Transport Solution, 4 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against HDFC Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by HDFC Bank Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed against the company by Gaurav Pravinbhai Jotangiya (Authorised Person of M and G Network Logistic and Services) | Disposed |
To see the full case history of Polo Transport Solution Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polo Transport Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polo Transport Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP3890N1ZS | Gujarat | Active | 06 Mar 2019 |
To see the full GST registrations and return filing status of Polo Transport Solution Private Limited, buy the company report.
Recent activity
Polo Transport Solution Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Nekee Ram ceased to be Director on 22 Dec 2022.
Frequently asked questions
Polo Transport Solution is an active private limited company based in Ahmedabad, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 21 February 2019 (7+ years old) and is registered under CIN U63030GJ2019PTC106716.
Polo Transport Solution has 3 current directors:
- Manoj Kumar Sharma - Director
- Nekee Ram - Director
- Ankit Sharma - Director
The latest financial statements of Polo Transport Solution on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Polo Transport Solution is 24AAKCP3890N1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Polo Transport Solution is U63030GJ2019PTC106716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polo Transport Solution has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending.
Polo Transport Solution was incorporated on 21 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nekee Ram ceased to be Director on 22 Dec 2022. Karuna ceased to be Director on 07 Jan 2021. Kavita ceased to be Director on 07 Jan 2021. Polo Transport Solution has 7 board changes on record in total.
Yes, Polo Transport Solution is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0179162).
Polo Transport Solution can be reached through the website polotransportsolution.com. Its registered office is in Ahmedabad, Gujarat, India.