Lotus Wireless Technologies India Private Limited logo

Lotus Wireless Technologies India Private Limited

Designs and manufactures wireless control devices and offers turnkey solutions.
2003 | Visakhapatnam, Andhra Pradesh (India) | Active

Last Updated:

October 23, 2024
HomeCompanyLotus Wireless Technologies India Private Limited

Who are the key members and board of directors at Lotus Wireless Technologies India?

Executive Team (1)

NameDesignationAppointment DateStatus
Maninder Lal InManaging Director01-Apr-2004Current

Board Members(4)

NameDesignationAppointment DateStatus
Binu Pillai In Director 29-Jul-2021Current
Reena Lal In Whole-Time Director 21-Oct-2003Current
Vijay Kammela In Director 29-Jul-2021Current
Debasis Ray In Director 29-Jul-2021Current

Financial Performance of Lotus Wireless Technologies India.

Lotus Wireless Technologies India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.38% decrease. The company also saw a substantial improvement in profitability, with a 16.71% increase in profit. The company's net worth Soared by an impressive increase of 28.19%.

Revenue Growth Graph
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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
-15.38%
Revenue from Operations
-15.57%
Total Assets
34.89%
Profit or Loss
16.71%
Net Worth
28.19%
EBITDA
20.33%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹51.47 Cr

₹4.37 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 04 Jan 2018
₹7.50 MOpen

State Bank Of India

Creation Date: 18 Feb 2005
₹50.72 CrOpen

Andhra Pradesh State Financial Corporation

Creation Date: 17 Mar 2016
₹9.00 MSatisfied

How Many Employees Work at Lotus Wireless Technologies India?

Lotus Wireless Technologies India has a workforce of 320 employees as of Mar 22, 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 Wireless Technologies India

Recent activity within the organization

  • Annual General Meeting

    Lotus Wireless Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 50.72 Cr registered on 18 Feb 2005 with Charge ID 90128778 was modified on 15 Sep 2023.

    15 Sep 2023

  • Balance Sheet

    Lotus Wireless Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 17 Mar 2016 via Charge ID 10627267 with Andhra Pradesh State Financial Corporation was fully satisfied on 19 Apr 2022.

    19 Apr 2022

  • Charges

    A charge registered on 29 Sep 2014 via Charge ID 10528718 with Icici Bank Limited was fully satisfied on 03 Jan 2022.

    03 Jan 2022

  • Director Appointment

    Binu Subramaniam Pillai was appointed as a Director was appointed as a Director on 29 Jul 2021 & has been associated with this company since 3 years 5 months .

    29 Jul 2021

Frequently asked questions

  • Lotus Wireless Technologies India Private Limited was incorporated on 21 Oct 2003.

  • The authorized share capital of Lotus Wireless Technologies India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.02 Cr.

  • Currently 5 directors are associated with Lotus Wireless Technologies India Private Limited.

    • Maninder Singh Lal
    • Reena Singh Lal
    • Binu Subramaniam Pillai
    • Vijay Kammela
    • Debasis Sinha Ray
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Wireless Technologies India Private Limited is Plot No: B-7 E.E.I.E, B Block Autonagar India, Visakhapatnam, Andhra Pradesh, 530012.

  • The corporate identification number (CIN) of Lotus Wireless Technologies India Private Limited is U32202AP2003PTC041908 and the company number is 041908 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lotus Wireless Technologies India Private Limited is https://www.lotuswireless.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lotus Wireless Technologies India Private Limited has fallen by -15.38%.

  • As Per 2023 financial reports, 320 employees are currently employed by Lotus Wireless Technologies India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lotus Wireless Technologies India Private Limited has experienced an upsurge of 28.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lotus Wireless Technologies India Private Limited amount to ₹ 51.47 Cr.

  • The most recent Balance Sheet for Lotus Wireless Technologies India Private Limited was filed with the ROC on 31 Mar 2023.

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