Lotus Powergear Private Limited logo

Lotus Powergear Private Limited

Manufacturer of customized electrical equipment for various industries, established in 1977.
1977 | Bangaluru, Karnataka (India) | Active

Last Updated:

November 16, 2024
HomeCompanyLotus Powergear Private Limited

Who are the key members and board of directors at Lotus Powergear?

Executive Team (1)

NameDesignationAppointment DateStatus
Srinivasa Bhatta InManaging Director01-Jan-1994Current

Board Members(2)

NameDesignationAppointment DateStatus
Srikantha Bhatta In Whole-Time Director 16-Jun-2003Current
Ananda Bhatta In Whole-Time Director 16-Jun-2003Current

Financial Performance of Lotus Powergear.

Lotus Powergear Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.19% increase. The company also saw a substantial improvement in profitability, with a 105.05% increase in profit. The company's net worth moved up by a moderate rise of 5.38%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
89.19%
Revenue from Operations
89.13%
Total Assets
4.96%
Profit or Loss
105.05%
Net Worth
5.38%
EBITDA
189.95%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹50.52 Cr

₹45.49 Cr

LenderAmountStatus

Others

Creation Date: 23 Dec 2020
₹32.33 CrOpen

Others

Creation Date: 20 Feb 2017
₹18.19 CrOpen

Karnataka State Financial Corporation

Creation Date: 18 Dec 2015
₹10.00 CrSatisfied

How Many Employees Work at Lotus Powergear?

Lotus Powergear has a workforce of 80 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Lotus Powergear

Recent activity within the organization

  • Annual General Meeting

    Lotus Powergear Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Lotus Powergear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 19 Apr 2005 via Charge ID 80001731 with Corporation Bank was fully satisfied on 01 Mar 2021.

    01 Mar 2021

  • Charges

    A charge registered on 04 Mar 2005 via Charge ID 90192959 with Corporation Bank was fully satisfied on 01 Mar 2021.

    01 Mar 2021

  • Charges

    A charge with Others of Rs. 32.33 Cr registered on 23 Dec 2020 with Charge ID 100405355 was modified on 29 Dec 2020.

    29 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 32.33 Cr with Charge ID 100405355 was registered on 23 Dec 2020.

    23 Dec 2020

Frequently asked questions

  • Lotus Powergear Private Limited was incorporated on 18 Aug 1977.

  • The authorized share capital of Lotus Powergear Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 3 directors are associated with Lotus Powergear Private Limited.

    • Srikantha Seetharam Bhatta
    • Srinivasa Seetharama Bhatta
    • Ananda Seetharama Bhatta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Powergear Private Limited is 12/13 K M Doddakallasandrakanakapura Road, India, Bangalore, Karnataka, 560062.

  • The corporate identification number (CIN) of Lotus Powergear Private Limited is U40101KA1977PTC003196 and the company number is 003196 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lotus Powergear Private Limited is https://www.lppl.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lotus Powergear Private Limited has risen by 89.19%.

  • As Per 2023 financial reports, 80 employees are currently employed by Lotus Powergear Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lotus Powergear Private Limited has experienced an upsurge of 5.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lotus Powergear Private Limited amount to ₹ 50.52 Cr.

  • The most recent Balance Sheet for Lotus Powergear Private Limited was filed with the ROC on 31 Mar 2024.

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