MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0004065
Prei Polar Engineering Private Limited - machinery and equipment in Sriperumbudur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.23 Cr
▼ 22% YoY
Net loss · FY 2024
₹1.72 Cr
Net margin -10.6%
EBITDA · FY 2024
-₹1.46 Cr
EBITDA margin -9%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹64 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹3.1 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
25
Provident fund records
About Prei Polar Engineering Private Limited
Data last updated:
Prei Polar Engineering Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74200TN2008PTC069229. Its GSTIN is 33AAECP8181A1ZO (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹64 Lakh. It is led by directors including Saravanan Kannan (Managing Director) and Sante Frigerio (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at M – 17 Sipcot Hi – Tech SEZ Sunguvarchathiram, Sriperumbudur, Tamil Nadu, India – 602105.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.23 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.72 Cr (net margin -10.6%) and EBITDA of -₹1.46 Cr (EBITDA margin -9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Preipolar. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹3.1 Cr on record.
Prei Polar Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0004065). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website preipolar.com.
Company details
CIN U74200TN2008PTC069229
Registration Number 069229
Incorporation Date 10 September 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0004065
Key People
Saravanan Kannan Managing Director Sante Frigerio Whole-Time Director Giovanni Pontiggia Director Recognitions & Rankings of Prei Polar Engineering
Contact details
Prei Polar Engineering Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is preipolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 17 Sipcot Hi – Tech SEZ Sunguvarchathiram, Sriperumbudur, Tamil Nadu, India – 602105
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Prei Polar Engineering Private Limited, buy the company report.
Comprehensive company report
Prei Polar Engineering Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Prei Polar Engineering operates one associated brand: Preipolar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of control panels and industrial systems in India. | preipolar.com |
Business activity
The main business activity of Prei Polar Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Prei Polar Engineering Private Limited, buy the company report.
Financials of Prei Polar Engineering Private Limited
FY 2024 filings availablePrei Polar Engineering Private Limited reported revenue of ₹16.23 Cr (down 22% YoY) for FY 2024.
Revenue · FY 2024
₹16.23 Cr ▼ 22%
Net loss · FY 2024
₹1.72 Cr margin -10.6%
EBITDA · FY 2024
-₹1.46 Cr margin -9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 304%
3 years · compounded
▼ 63%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 22% fall in the latest year. EBITDA fell 304% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9% | ||||
| Net Profit Margin | -10.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prei Polar Engineering Private Limited, buy the company report.
Board of directors of Prei Polar Engineering Private Limited
Prei Polar Engineering has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sante Frigerio | Whole-Time Director | 08 Jul 2009 | 17 Years 3 Months | Current |
| Giovanni Pontiggia | Director | 08 Jul 2009 | 17 Years 3 Months | Current |
| Martina Frigerio | Director | 19 Jun 2020 | 6 Years 4 Months | Current |
| Ramya Sivaprakasam | Director | 10 Sep 2008 | 18 Years 1 Months | Current |
| Saravanan Kannan | Managing Director | 10 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
Prei Polar Engineering Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Durga Transformers Private Limited | ₹16.32 Cr (FY 2025) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Tamura Elcomponics Technologies Private Limited | ₹16.26 Cr (FY 2025) | -19.0% | Noida, Uttar Pradesh, India | |||
| Prei Polar Engineering Private Limitedthis company | ₹16.23 Cr (FY 2024) | -₹1.72 Cr | -10.6% | -22.0% | 25 | Sriperumbudur, Tamil Nadu, India |
| Eram Magnaflux Systems Private Limited | ₹16.22 Cr (FY 2024) | 10.0% | Pune, Maharashtra, India | |||
| Olikara Lighting Towers Private Limited | ₹16.16 Cr (FY 2024) | -16.0% | Pune, Maharashtra, India |
To see the full peer comparison of Prei Polar Engineering Private Limited, buy the company report.
Auditor
Prei Polar Engineering Private Limited is audited by Shankar Giri & Prabhakar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shankar Giri & Prabhakar | FY 2023 | 003761S |
Shareholding
The shareholding of Prei Polar Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prei Polar Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹3.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2024 | 100955765 | Others | ₹5 Cr | Open | |
| 05 Jun 2013 | 10437461 | Canara Bank | ₹3.1 Cr | Satisfied |
To see the full charge records of Prei Polar Engineering Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Prei Polar Engineering 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 Prei Polar Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prei Polar Engineering Private Limited has a workforce of 25 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
-10.71%
GST
Prei Polar Engineering has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECP8181A1ZO | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAECP8181A2ZN | Tamil Nadu | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Prei Polar Engineering Private Limited, buy the company report.
Recent activity
Prei Polar Engineering Private Limited has 9 board changes on record since 2008: 5 appointments and 4 cessations. The latest: Martina Frigerio ceased to be Additional Director on 31 Dec 2020.
AGM
Prei Polar Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100955765 was registered on 10 Jul 2024.
Filing
Prei Polar Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Martina Frigerio ceased to be Additional Director.
Appointed
Martina Frigerio was appointed as Director.
Ceased
Ivan Colombo ceased to be Director.
Charges
A charge registered on 05 Jun 2013 via Charge ID 10437461 with Canara Bank was fully satisfied on 29 Oct 2014.
Charges
A charge with Canara Bank of Rs. 310.00 Lakh registered on 05 Jun 2013 with Charge ID 10437461 was modified on 26 Jun 2013.
Charges
A charge with Canara Bank amounted to Rs. 310.00 Lakh with Charge ID 10437461 was registered on 05 Jun 2013.
Ceased
Giovanni Pontiggia ceased to be Additional Director.
Ceased
Sante Frigerio ceased to be Whole-Time Director.
Appointed
Giovanni Pontiggia was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Prei Polar Engineering is an active private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 10 September 2008 (18+ years old) and is registered under CIN U74200TN2008PTC069229.
Prei Polar Engineering has 5 current directors:
- Saravanan Kannan - Managing Director
- Sante Frigerio - Whole-Time Director
- Giovanni Pontiggia - Director
- Martina Frigerio - Director
- Ramya Sivaprakasam - Director
The latest financial statements of Prei Polar Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prei Polar Engineering is 33AAECP8181A1ZO, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAECP8181A2ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Prei Polar Engineering is U74200TN2008PTC069229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prei Polar Engineering was incorporated on 10 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Prei Polar Engineering by revenue are Durga Transformers Private Limited, Tamura Elcomponics Technologies Private Limited, Eram Magnaflux Systems Private Limited, Olikara Lighting Towers Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Martina Frigerio ceased to be Additional Director on 31 Dec 2020. Martina Frigerio was appointed as Director on 19 Jun 2020. Ivan Colombo ceased to be Director on 12 Sep 2019. Prei Polar Engineering has 9 board changes on record in total.
Yes, Prei Polar Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0004065).
Prei Polar Engineering can be reached through the website preipolar.com. Its registered office is in Sriperumbudur, Tamil Nadu, India.
The registered office of Prei Polar Engineering is at M – 17 Sipcot Hi – Tech SEZ Sunguvarchathiram, Sriperumbudur, Tamil Nadu, India – 602105.