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POLAR FINANCE PRIVATE LIMITED

Strike Off

POLAR FINANCE PRIVATE LIMITED having CIN U65920MH1988PTC046534 is 37 years , 2 month & 25 days old Private Indian Company incorporated on 14 Mar 1988. It is classified as Non-government company and is registered at ROC Mumbai. Its authorized share capital is Rs. 55,000,000 and its paid up capital is Rs. 50,665,300. It's NIC code is 65920 (which is part of its CIN).

As per the NIC code, it is involved in . POLAR FINANCE Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 09-30-2015. Directors of POLAR FINANCE are Mahendra Ramanlal Thacker and Mahendra Ramanlal Thacker.

POLAR FINANCE ' Corporate Identification Number (CIN) is U65920MH1988PTC046534 and its registration number is 046534. Users may contact POLAR FINANCE on its Email address - thacker.mahendra@gmail.com Registered address of POLAR FINANCE is 13 LAXMI BHAVAN GR FLR D RD MARINE DRIVE,MUMBAI,Maharashtra,India-400002. Current status of POLAR FINANCE PRIVATE LIMITED is - Strike Off.

Key Indicators

Authorised Capital
55,000,000

as on 08/06/2025

Paid Up Capital
50,665,300

as on 08/06/2025

Company Age
37 Year, 2 Months
Last Filing with ROC
9 Year, 8 Months

Company Information

CIN U65920MH1988PTC046534
Company Status Strike Off
Registration Number 046534
Date of Incorporation 03/14/1988
RoC ROC Mumbai
Company Age 37 years & 95 days
Authorized Capital ₹ 55000000
Paid-up capital ₹ 50665300
Company Category Company limited by shares
Company Sub-Category Non-government company
Class of company Private
Activity
Listing status Unlisted
Date of Last Annual General Meeting 31-03-2015
Date of Latest Balance Sheet 31-03-2015

Contact

Email ID thacker.mahendra@gmail.com
Address 13 LAXMI BHAVAN GR FLR D RD MARINE DRIVE MUMBAI Maharashtra India 400002
Website ********.com
Contact Number +91*******

Location on Map

Director

Designation Name Date OF Appointment DIN PAN Tenure
Director
MIHIR MAHENRA THACKER
06/02/1997 01848177 *****8286G 28 years
Director
DARSHANA MAHENDRA THACKER
10/13/2022 02003242 2 years
Director
MAHENDRA RAMANLAL THACKER
07/12/2024 01405253 0 years

Companies connected through Directors

Name Status Paid Up Capital Common Directors Address
RUGBY FOODS AND BEWERAGES PRIVATE LIMITED
Active
1,44,77,350.00 2 Maharashtra

Charges on assets

No Data Available
Charge Holder Branch Amount Date of creation Modification Satisfaction Status
Not Available

Registered Details

CIN
U65920MH1988PTC046534
PAN
U65920MH1988PTC046534
Incorporation
0 years , 10 month
Company Email
thacker.mahendra@gmail.com
Paid up Capital
₹ 50,665,300
Authorised Capital
₹ 55,000,000
Type
Private Non-government company

* There is the date provided by MCA, but availability for this year is not guaranteed.

-

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales arrow 9.29%
₹ 140,987.4
EBITDA arrow 29%
₹ 135,987.4
Net Profit arrow 29%
₹ 135,987.4
Networth arrow 29%
₹ 135,987.4
Borrowings arrow 9.29%
₹ 140,987.4
Assets arrow 9.29%
₹ 140,987.4
Gross Margin arrow 9.29%
₹ 140,987.4
Operating Margin arrow 29%
₹ 135,987.4
Net Profit Margin arrow 29%
₹ 135,987.4
Return on Equity arrow 29%
₹ 135,987.4
ROCE arrow 9.29%
₹ 140,987.4
Debt to Equity arrow 9.29%
₹ 140,987.4

Financial Highlights

** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales Locked Locked Locked Locked Locked
Operating profit Locked Locked Locked Locked Locked
Net profit Locked Locked Locked Locked Locked
Gross margin Locked Locked Locked Locked Locked
Operating margin Locked Locked Locked Locked Locked
Net margin Locked Locked Locked Locked Locked
Networth Locked Locked Locked Locked Locked
Borrowings Locked Locked Locked Locked Locked
Assets Locked Locked Locked Locked Locked
Debt to equity Locked Locked Locked Locked Locked
Current ratio Locked Locked Locked Locked Locked
ROE Locked Locked Locked Locked Locked
Days payable Locked Locked Locked Locked Locked
WC days Locked Locked Locked Locked Locked
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Balance Sheet

**** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds + Locked Locked Locked Locked Locked
(a) Share capita Locked Locked Locked Locked Locked
(b) Reserves and surplus Locked Locked Locked Locked Locked
(c) Money received against share warrants Locked Locked Locked Locked Locked
(2) Share application money pending allotment Locked Locked Locked Locked Locked
(3) Non-current liabilities + Locked Locked Locked Locked Locked
(a) Long-term borrowings Locked Locked Locked Locked Locked
(b) Deferred tax liabilities (Net) Locked Locked Locked Locked Locked
(c) Other Long-term liabilities Locked Locked Locked Locked Locked
(d) Long-term provisions Locked Locked Locked Locked Locked
(4) Current liabilities + Locked Locked Locked Locked Locked
(a) Short-term borrowings Locked Locked Locked Locked Locked
(b) Trade payables Locked Locked Locked Locked Locked
(A) total outstanding dues of micro enterprises and small enterprises; and Locked Locked Locked Locked Locked
(B) total outstanding dues of creditors other than micro enterprises and small enterprises. Locked Locked Locked Locked Locked
(c) Other current liabilities Locked Locked Locked Locked Locked
(d) Short-term provisions Locked Locked Locked Locked Locked
Total Locked Locked Locked Locked Locked
ASSETS
Non-current assets + Locked Locked Locked Locked Locked
(a) [Property, Plant and Equipment] Locked Locked Locked Locked Locked
(i) Tangible assets Locked Locked Locked Locked Locked
(ii) Intangible assets Locked Locked Locked Locked Locked
(iii)Capital work-in-progress Locked Locked Locked Locked Locked
(iv) Intangible assets under development Locked Locked Locked Locked Locked
(b) Non-current investments Locked Locked Locked Locked Locked
(c) Deferred tax assets (net) Locked Locked Locked Locked Locked
(d) Long-term loans and advances Locked Locked Locked Locked Locked
(e) Other non-current assets Locked Locked Locked Locked Locked
(2) Current assets + Locked Locked Locked Locked Locked
(a) Current investments Locked Locked Locked Locked Locked
(b) Inventories Locked Locked Locked Locked Locked
(c) Trade receivables Locked Locked Locked Locked Locked
(d) Cash and cash equivalents Locked Locked Locked Locked Locked
(e) Short-term loans and advances Locked Locked Locked Locked Locked
(f) Other current assets Locked Locked Locked Locked Locked
Total assets Locked Locked Locked Locked Locked
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds + lock lock lock lock lock
(a) Share capita lock lock lock lock lock
(b) Reserves and surplus lock lock lock lock lock
(c) Money received against share warrants lock lock lock lock lock
(2) Share application money pending allotment lock lock lock lock lock
(3) Non-current liabilities + lock lock lock lock lock
(a) Long-term borrowings lock lock lock lock lock
(b) Deferred tax liabilities (Net) lock lock lock lock lock
(c) Other Long-term liabilities lock lock lock lock lock
(d) Long-term provisions lock lock lock lock lock
(4) Current liabilities + lock lock lock lock lock
(a) Short-term borrowings lock lock lock lock lock
(b) Trade payables lock lock lock lock lock
(A) total outstanding dues of micro enterprises and small enterprises; and lock lock lock lock lock
(B) total outstanding dues of creditors other than micro enterprises and small enterprises. lock lock lock lock lock
(c) Other current liabilities lock lock lock lock lock
(d) Short-term provisions lock lock lock lock lock
Total lock lock lock lock lock
ASSETS
Non-current assets + lock lock lock lock lock
(a) [Property, Plant and Equipment] lock lock lock lock lock
(i) Tangible assets lock lock lock lock lock
(ii) Intangible assets lock lock lock lock lock
(iii)Capital work-in-progress lock lock lock lock lock
(iv) Intangible assets under development lock lock lock lock lock
(b) Non-current investments lock lock lock lock lock
(c) Deferred tax assets (net) lock lock lock lock lock
(d) Long-term loans and advances lock lock lock lock lock
(e) Other non-current assets lock lock lock lock lock
(2) Current assets + lock lock lock lock lock
(a) Current investments lock lock lock lock lock
(b) Inventories lock lock lock lock lock
(c) Trade receivables lock lock lock lock lock
(d) Cash and cash equivalents lock lock lock lock lock
(e) Short-term loans and advances lock lock lock lock lock
(f) Other current assets lock lock lock lock lock
Total assets lock lock lock lock lock

Profit & Loss

**** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
I.Revenue from operations lock lock lock lock lock
II. Other income lock lock lock lock lock
III.Total Revenue (I + II) lock lock lock lock lock
IV.Expenses + lock lock lock lock lock
(1)Cost of materials consumed lock lock lock lock lock
(2)Purchases of Stock-in-Trade lock lock lock lock lock
(3)Changes in inventories of finished goods work-in-progress and lock lock lock lock lock
(4)Stock-in-Trade lock lock lock lock lock
(5)Employee benefits expense lock lock lock lock lock
(6)Finance costs lock lock lock lock lock
(7)Depreciation and amortisation expense lock lock lock lock lock
(8)Other expenses lock lock lock lock lock
(9)Total expenses lock lock lock lock lock
VProfit before exceptional and extraordinary items and tax (III - IV) lock lock lock lock lock
VIExceptional items lock lock lock lock lock
VII.Profit before extraordinary items and tax (V - VI) lock lock lock lock lock
VIII.Extraordinary items lock lock lock lock lock
IX.Profit before tax (VII- VIII) lock lock lock lock lock
X. Tax expense: + lock lock lock lock lock
(1)Current tax lock lock lock lock lock
(2)Deferred tax lock lock lock lock lock
XI.Profit (Loss) for the period from continuing operations (VII-VIII) lock lock lock lock lock
XII.Profit/(loss) from discontinuing operations lock lock lock lock lock
XIII.Tax expense of discontinuing operations lock lock lock lock lock
XIV.Profit/(loss) from Discontinuing operations (after tax) (XII-XIII) lock lock lock lock lock
XV.Profit (Loss) for the period (XI + XIV) lock lock lock lock lock
XVI.Earnings per equity share: + lock lock lock lock lock
(1) Basic lock lock lock lock lock
(2)Diluted lock lock lock lock lock
Precentage of total incomex
Sales +
Sales growth %
Expenses +
Cost of services
Employee benefits expense
Other costs
Operating profit + lock lock lock
Operating margin % lock lock lock
Other income
Interest lock lock lock
Depreciation lock lock lock
Exceptional items
Profit before tax
Tax lock lock lock
Profit - disc. ops lock lock lock
Net profit lock lock lock
Net margin % lock lock lock
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Ratio

** All numbers in INR crores
Solvency +
Total Debt/Equity
Net Debt/Equity lock lock lock
Total Debt/Assets
Total Assets/Equity
Liquidity +
Current Ratio
Quick Ratio
Interest Coverage
Performance lock lock lock
Gross Margin
Operating Margin
Net Margin
Return + lock lock lock
Return on Equity
Pre-tax ROCE lock lock lock
Return on Assets lock lock lock
Pre-tax ROIC lock lock lock
Efficiency + lock lock lock
Days Payable lock lock lock
Days Inventory lock lock lock
Days Receivable lock lock lock
Fixed Asset Turnover lock lock lock
Total Asset Turnover lock lock lock
Working Capital lock lock lock
Cash Conversion Cycle lock lock lock
Working Capital Days lock lock lock
unlock

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Subsidiaries, Associate Companies & Join Ventures of Polar Finance Private Limited

Company Identifier Name Percentage of Shares Held
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Fund Raising Activity of Polar Finance Private Limited

Date of Allotment Securities Alloted Terms Number of Securities Nominal Amount Premium Amount Due & Payable Premium Amount Paid Total Discount Amount to be Paid on Calls (Excluding Premium) Attachments
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Board Meetings of Polar Finance Private Limited

Date of Filing Date of Dispatch of Notice Date of Passing Resolution Section (Companies Act 2013) Section (Companies Act 1956) Subject Matter of Resolution Resolution Agreed By Resolution Type Additional Documents
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Auditors of Polar Finance Private Limited

Financial Year Name of Auditor or Firm PAN of Auditor or Firm Membership Number / Registration Number Name of Auditor Signing Report Membership Number of Auditor Signing Report
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Outstanding Payments to Micro & Small Enterprises

Filing Type As On Amount Due to MSME Current Liabilities Ratio to Current Liabilities Reasons for Delay
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Investor Complaints & Serious Complaints About Polar Finance Private Limited

Director Complain

Date DIN Cessation Date Cessation Reason Complaint
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Serious Complaints

Date Complaint Other
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Investor Complaints & Other Complaints

Date Complaint Type Complaint Sub Type Particulars of Secutiries Period Complaint Other Details
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Prosecution Details of Polar Finance Private Limited

S.No. Defaulting Entities Court Name Prosecution Section Date of Order Status
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FAQs- Polar Finance Private Limited

What is POLAR FINANCE PRIVATE LIMITED ?

POLAR FINANCE PRIVATE LIMITED having CIN U65920MH1988PTC046534 is 0 years , 10 month old Private Indian Company incorporated with MCA on 12 Jul 2024. POLAR FINANCE PRIVATE LIMITED is listed in the class of Private Indian Company and classified as Non-government company. This company is registered at Registrar of Companies(ROC), ROC Mumbai with an Authorized Share Capital of 55,000,000 and paid-up capital is 50,665,300.

What is the CIN of POLAR FINANCE PRIVATE LIMITED?

CIN of POLAR FINANCE PRIVATE LIMITED is U65920MH1988PTC046534.

Where is POLAR FINANCE PRIVATE LIMITED located?

Address of POLAR FINANCE PRIVATE LIMITED is 13 laxmi bhavan gr flr d rd marine drive,mumbai,maharashtra,india-400002,.

Who are the directors of POLAR FINANCE PRIVATE LIMITED ?

The company has 5 directors/key management personnel Mihir Thacker,darshana Thacker,darshana Thacker,mahendra Thacker,mahendra Thacker,

What is the contact details of POLAR FINANCE PRIVATE LIMITED ?

Email : thacker.mahendra@gmail.com
Address : 13 LAXMI BHAVAN GR FLR D RD MARINE DRIVE MUMBAI Maharashtra India 400002

What does POLAR FINANCE PRIVATE LIMITED do?

POLAR FINANCE PRIVATE LIMITED is involved in activities such as Computer programming, consultancy and related activities

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