L G Electronics India Limited

Manufacturer and seller of consumer durables, including electronics, appliances, and mobile devices.

1997 | Delhi (India) | Active
Last Updated: January 02, 2025

L G Electronics India Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 678.77 Cr
  • Company Age 28 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 948.74 Cr
  • Revenue Growth 9.09%
  • Profit Growth -23.17%
  • Ebitda -21.25%
  • Net Worth -16.49%
  • Total Assets -14.83%

About L G Electronics India

L G Electronics India Limited (LGEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 January 1997 and has a history of 28 years. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1,500.00 Cr and a paid-up capital of Rs 678.77 Cr.

The company has closed loans amounting to ₹948.74 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at L G Electronics India Limited India are Anuj Goyal as COMPANY SECRETARY and Dongmyung Seo as Cfo. Ramesh Nair, Promila Bhardwaj, Santosh Mohanty, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32107DL1997PLC220109

  • Company No.

    220109

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does L G Electronics India Limited offer?

L G Electronics India Limited offers a wide range of products and services, including Aluminum, Brass, Bronze Pipes, Metal Pipes, Office Automation Products & Devices, Projector, Interactive Board, Interactive Flat Panel, Computer Systems, Computer Monitors, Monitors, Smart TV.

Who are the key members and board of directors at L G Electronics India?

Executive Team (3)

Name Designation Appointment Date Status
Hong Jeon Country flag representing In Managing Director 31-Jan-2023 Current
Anuj Goyal Company Secretary 29-Nov-2024 Current
Dongmyung Seo CFO 04-Dec-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Promila Bhardwaj Country flag representing In Director 19-Nov-2024 Current
Ramesh Nair Country flag representing In Director 19-Nov-2024 Current
Santosh Mohanty Country flag representing In Director 19-Nov-2024 Current
Dongmyung Seo Country flag representing Kr Whole-Time Director 27-Jan-2022 Current
Daehyun Song Additional Director 18-Nov-2024 Current

Financial Performance of L G Electronics India.

L G Electronics India Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.09% increase. The company also saw a substantial fall in profitability, with a 23.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.49%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
9.09%
Revenue from Operations
8.95%
Total Assets
-14.83%
Profit or Loss
-23.17%
Net Worth
-16.49%
EBITDA
-21.25%

What is the Ownership and Shareholding Structure of L G Electronics India?

In 2022, L G Electronics India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹948.74 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 160.00 Cr
  • Hsbc Bank Limited : 150.00 Cr
  • Standard Chartered Bank : 125.00 Cr
  • Shinhan Bank : 120.00 Cr
  • Bank Of America : 112.50 Cr
  • Others : 281.24 Cr

Latest Charge Details

Date Lender Amount Status
22 Feb 2013 Shinhan Bank ₹120.00 Cr Satisfied
20 Sep 2006 The Bank Of Nova Scotia ₹49.00 Cr Satisfied
22 May 2006 Bank Of America ₹112.50 Cr Satisfied
19 Apr 2004 Hsbc Bank Limited ₹150.00 Cr Satisfied
19 Apr 2004 Deutsche Bank ₹67.24 Cr Satisfied

How Many Employees Work at L G Electronics India?

L G Electronics India has a workforce of 970 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of L G Electronics India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped L G Electronics India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on L G Electronics India

Recent activity within the organization

  • Director Appointment

    Dongmyung Seo was appointed as a Cfo was appointed as a Cfo on 04 Dec 2024 & has been associated with this company since 2 months 3 days .

    04 Dec 2024

  • Director Appointment

    Anuj Goyal was appointed as a Company Secretary was appointed as a Company Secretary on 29 Nov 2024 & has been associated with this company since 2 months 8 days .

    29 Nov 2024

  • Director Appointment

    Ramesh Ramachandran Nair was appointed as a Director was appointed as a Director on 19 Nov 2024 & has been associated with this company since 2 months 18 days .

    19 Nov 2024

  • Director Appointment

    Promila Bhardwaj was appointed as a Director was appointed as a Director on 19 Nov 2024 & has been associated with this company since 2 months 18 days .

    19 Nov 2024

  • Director Appointment

    Santosh Kumar Mohanty was appointed as a Director was appointed as a Director on 19 Nov 2024 & has been associated with this company since 2 months 18 days .

    19 Nov 2024

  • Annual General Meeting

    L G Electronics India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

Frequently asked questions

  • L G Electronics India Limited was incorporated on 20 Jan 1997.

  • The authorized share capital of L G Electronics India Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 678.77 Cr.

  • Currently 8 directors are associated with L G Electronics India Limited.

    • Ramesh Ramachandran Nair
    • Promila Bhardwaj
    • Santosh Kumar Mohanty
    • Dongmyung Seo
    • Hong Ju Jeon
    • Daehyun Song
    • Anuj Goyal
    • Dongmyung Seo
  • As per Ministry of Corporate Affairs (Mca), the registered address of L G Electronics India Limited is A-24/6 Mohan Cooperative Industrial Estate Mathura Road India, New Delhi, 110044.

  • The corporate identification number (CIN) of L G Electronics India Limited is U32107DL1997PLC220109 and the company number is 220109 as per Ministry of Corporate Affairs (MCA).

  • The Official website of L G Electronics India Limited is https://www.lge.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for L G Electronics India Limited has risen by 9.09%.

  • As Per 2022 financial reports, 970 employees are currently employed by L G Electronics India Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of L G Electronics India Limited has experienced an downturn of -16.49%.

  • The most recent Balance Sheet for L G Electronics India Limited was filed with the ROC on 31 Mar 2024.

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