Lava International Limited

Designs, manufactures, and distributes mobile devices and accessories globally.

2009 | Delhi (India) | Active
Last Updated:

Lava International Profile

Key Indicators

  • Authorised Capital ₹ 396.10 Cr
  • Paid Up Capital ₹ 273.90 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,262.69 Cr
  • Satisfied Charges ₹ 1,489.00 Cr
  • Revenue Growth -15.78%
  • Profit Growth 67.06%
  • Ebitda 12.19%
  • Net Worth 6.69%
  • Total Assets -0.50%

About Lava International

Lava International Limited (LIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 March 2009 and has a history of 15 years and 11 months. 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 396.10 Cr and a paid-up capital of Rs 273.90 Cr.

The company currently has active open charges totaling ₹1,262.69 Cr. The company has closed loans amounting to ₹1,489.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lava International Limited India are Ritesh Singh as COMPANY SECRETARY and Rajesh Sethi as Cfo. Shailendra Rai, Sunil Bhalla, Rajiv Singh, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U32201DL2009PLC188920

  • Company No.

    188920

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2009

  • 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 Lava International Limited offer?

Lava International Limited offers a wide range of products and services, including Mobile Phone & Accessories, Mobile Phones, Lava mobile phones, Smart Phone, Lava Smart Phone.

Who are the key members and board of directors at Lava International?

Executive Team (2)

NameDesignationAppointment DateStatus
Ritesh Singh Company Secretary20-Sep-2024Current
Rajesh Sethi CFO20-Sep-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Shailendra Rai Country flag representing In Whole-Time Director 27-Mar-2009Current
Sanjeev Agarwal Country flag representing In Whole-Time Director 01-Feb-2024Current
Sunil Bhalla Country flag representing In Director 27-Mar-2009Current
Rajiv Singh Country flag representing In Director 27-Aug-2024Current
Vishal Sehgal Country flag representing In Director 01-Apr-2010Current
Anupam Shrivastava Country flag representing In Director 26-Mar-2024Current

Financial Performance of Lava International.

Lava International Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 15.78% decrease. The company also saw a substantial improvement in profitability, with a 67.06% increase in profit. The company's net worth moved up by a moderate rise of 6.69%.

Lava International revenue growth over time
Lava International 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
-15.78%
Revenue from Operations
-16.13%
Total Assets
-0.50%
Profit or Loss
67.06%
Net Worth
6.69%
EBITDA
12.19%

What is the Ownership and Shareholding Structure of Lava International?

In 2021, Lava International had a promoter holding of 94.32% and a public holding of 5.67%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,262.69 Cr

Satisfied Charges

₹1,489.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1261.60 Cr
  • Hdfc Bank Limited : 0.70 Cr
  • Indian Bank : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2023Indian Bank₹3.96 MOpen
31 Jul 2023Hdfc Bank Limited₹2.10 MOpen
26 Nov 2022Others₹1.60 CrOpen
23 Jun 2022Hdfc Bank Limited₹2.53 MOpen
31 May 2021Others₹35.00 CrOpen

How Many Employees Work at Lava International?

Lava International has a workforce of 1743 employees as of Mar 30, 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.

Employee growth trends for Lava International Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lava International, 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 Lava International'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 Lava International

Recent activity within the organization

  • Annual General Meeting

    Lava International Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ritesh Singh was appointed as a Company Secretary was appointed as a Company Secretary on 20 Sep 2024 & has been associated with this company since 5 months 13 days .

  • Director Appointment

    Rajesh Sethi was appointed as a Cfo was appointed as a Cfo on 20 Sep 2024 & has been associated with this company since 5 months 13 days .

  • Director Appointment

    Rajiv Kumar Singh was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 6 months 7 days .

  • Director Appointment

    Deepika Gupta was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 9 months 14 days .

  • Director Appointment

    Ajay Kumar Singh was appointed as a Director was appointed as a Director on 16 Apr 2024 & has been associated with this company since 10 months 17 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Lava International Limited?

    Lava International Limited was incorporated on 27 Mar 2009.

  • What is authorized share capital and paid-up capital of Lava International Limited?

    The authorized share capital of Lava International Limited is ₹ 396.10 Cr and paid-up capital is ₹ 273.90 Cr.

  • Who are the current board members & directors of Lava International Limited?

    Currently 11 directors are associated with Lava International Limited.

    • Shailendra Rai
    • Sunil Bhalla
    • Rajiv Kumar Singh
    • Vishal Sehgal
    • Anupam Shrivastava
    • Sanjeev Agarwal
    • Ajay Kumar Singh
    • Deepika Gupta
    • Sunil Raina
    • Ritesh Singh
    • Rajesh Sethi

  • What is the registered address of Lava International Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lava International Limited is B-14 House 2 Basement Shivlok Commercial Complex, Karampura India, Delhi, 110015.

  • What is the corporate identification number (CIN) and company number of Lava International Limited?

    The corporate identification number (CIN) of Lava International Limited is U32201DL2009PLC188920 and the company number is 188920 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lava International Limited?

    The Official website of Lava International Limited is https://www.lavamobiles.com

  • What has been the recent revenue trend for Lava International Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Lava International Limited has fallen by -15.78%.

  • How many employees does Lava International Limited currently have?

    As Per 2021 financial reports, 1743 employees are currently employed by Lava International Limited.

  • What change has been observed in the net worth of Lava International Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Lava International Limited has experienced an upsurge of 6.69%.

  • What are the total open charges for Lava International Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Lava International Limited amount to ₹ 1,262.69 Cr.

  • When was the last Balance Sheet of Lava International Limited filed with the ROC?

    The most recent Balance Sheet for Lava International Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Electronics Manufacturing