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ActiveKolkata, West BengalSince 2004

Polar Elektric Limited

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Set up in 2004 in Kolkata. It has pledged its assets against loans of up to ₹188.65 crore from 7 lenders.

CINU28199WB2004PLC100818
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21 years at a glance

Loans against its assets, and when today's people joined

20062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyMr. Ashok Goyal, up to ₹88.25 crore, 25 Apr 2012 to still openBank of Baroda, up to ₹30.72 crore, 15 Sept 2014 to 16 May 2025Bank of Baroda, up to ₹4.57 crore, 24 Dec 2021 to 16 May 2025ICICI Bank Limited, up to ₹39.08 crore, 15 Nov 2022 to 11 May 2026Bank of Baroda, up to ₹19.75 lakh, 20 Mar 2023 to still openBank of Baroda, up to ₹12.6 lakh, 26 Apr 2023 to still openBank of Baroda, up to ₹16.23 lakh, 6 May 2023 to still openTata Capital Financial Services Limited, up to ₹4 crore, 23 Nov 2023 to 11 Feb 2026Union Bank of India Limited, up to ₹15 crore, 30 Nov 2023 to still openICICI Bank Limited, up to ₹40.81 crore, 17 Aug 2024 to still openState Bank of India, up to ₹5 crore, 21 Oct 2024 to 16 Apr 2026Axis Bank Limited, up to ₹10.75 crore, 23 Oct 2025 to 20 May 2026Bank of Maharashtra, up to ₹15 crore, 3 Feb 2026 to still openUCO Bank, up to ₹15 crore, 30 Mar 2026 to still openUnion Bank of India Limited, up to ₹2.99 crore, 22 May 2026 to still openBank of Maharashtra, up to ₹2.99 crore, 22 May 2026 to still openUCO Bank, up to ₹1.6 crore, 10 Jun 2026 to still openOxyzo Financial Services Limited, up to ₹2.75 crore, 27 Jul 2026 to still openICICI Bank Limited, up to ₹3.78 crore, 31 Jul 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 2004Registered as a company on 23 Dec 2004.
  • 2012Its biggest loan against assets, ₹88.25 crore with Mr. Ashok Goyal, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹188.65 crorein loans backed by its assets, from 7 lenders

  • Mr. Ashok Goyal₹88.25 crore

    Open, taken out 25 Apr 2012

  • ICICI Bank Limited₹44.59 crore

    2 open loans, taken out 2024 to 2026

  • Union Bank of India Limited₹17.99 crore

    2 open loans, taken out 2023 to 2026

  • Bank of Maharashtra₹17.99 crore

    2 open loans, taken out in 2026

  • UCO Bank₹16.6 crore

    2 open loans, taken out in 2026

  • Oxyzo Financial Services Limited₹2.75 crore

    Open, taken out 27 Jul 2026

  • Bank of Baroda₹48.58 lakh

    3 open loans, taken out in 2023

6 earlier loans, now paid off
  • Axis Bank Limited23 Oct 2025 to 20 May 2026₹10.75 crore
  • State Bank of India21 Oct 2024 to 16 Apr 2026₹5 crore
  • Tata Capital Financial Services Limited23 Nov 2023 to 11 Feb 2026₹4 crore
  • ICICI Bank Limited15 Nov 2022 to 11 May 2026₹39.08 crore
  • Bank of Baroda24 Dec 2021 to 16 May 2025₹4.57 crore
  • Bank of Baroda15 Sept 2014 to 16 May 2025₹30.72 crore

What its filings add

Polar Elektric files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.