Lowe'S India Private Limited

Global IT services provider for Lowe's Companies, Inc. with e-commerce, mobile, and supply chain solutions.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: January 12, 2025

Lowe'S India Profile

Key Indicators

  • Authorised Capital ₹ 3.20 Cr
  • Paid Up Capital ₹ 7.14 M
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 19.35%
  • Profit Growth 17.31%
  • Ebitda 1.67%
  • Net Worth 38.02%
  • Total Assets 25.31%

About Lowe'S India

Lowe's India Private Limited (LIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 June 2013 and has a history of 11 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Ansr Management Services India Private Limited. The Company is engaged in the Information Technology 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 3.20 Cr and a paid-up capital of Rs 7.14 M.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ankur Mittal, David Green, Mayur Purandar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lowes.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300KA2013PTC069867

  • Company No.

    069867

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Lowe'S India?

Executive Team (1)

NameDesignationAppointment DateStatus
Ankur Mittal Country flag representing In Managing Director24-May-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
David Green Country flag representing Us Director 24-Apr-2014Current
Mayur Purandar Country flag representing In Director 26-Mar-2020Current
Priyanka Rai Country flag representing In Director 26-Sep-2022Current
Amit Kapur Country flag representing In Director 27-Mar-2024Current
Dan Jr Country flag representing Us Director 27-Mar-2024Current
Machell Mims Country flag representing Us Director 27-Mar-2024Current

Financial Performance of Lowe'S India.

Lowe'S Services India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 19.35% increase. The company also saw a substantial improvement in profitability, with a 17.31% increase in profit. The company's net worth Soared by an impressive increase of 38.02%.

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
19.35%
Revenue from Operations
18.26%
Total Assets
25.31%
Profit or Loss
17.31%
Net Worth
38.02%
EBITDA
1.67%

What is the Ownership and Shareholding Structure of Lowe'S India?

In 2021, Lowe'S 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

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2018Hdfc Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Lowe'S India?

Lowe'S India has a workforce of 4323 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lowe'S 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 Lowe'S 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 Lowe'S India

Recent activity within the organization

  • Director Appointment

    Erica Michelle Irvin was appointed as a Additional Director was appointed as a Additional Director on 09 Dec 2024 & has been associated with this company since 2 months 15 days .

    09 Dec 2024

  • Annual General Meeting

    Lowe'S India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Lowe'S India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Amit Kapur was appointed as a Director was appointed as a Director on 27 Mar 2024 & has been associated with this company since 10 months 27 days .

    27 Mar 2024

  • Director Appointment

    Dan Clayton Griggs Jr was appointed as a Director was appointed as a Director on 27 Mar 2024 & has been associated with this company since 10 months 27 days .

    27 Mar 2024

  • Director Appointment

    Machell Wright Mims was appointed as a Director was appointed as a Director on 27 Mar 2024 & has been associated with this company since 10 months 27 days .

    27 Mar 2024

Frequently asked questions

  • Lowe'S India Private Limited was incorporated on 28 Jun 2013.

  • The authorized share capital of Lowe'S India Private Limited is ₹ 3.20 Cr and paid-up capital is ₹ 7.14 M.

  • Currently 8 directors are associated with Lowe'S India Private Limited.

    • Ankur Mittal
    • David Ray Green
    • Mayur Purandar
    • Priyanka Sunit Rai
    • Amit Kapur
    • Dan Clayton Griggs Jr
    • Machell Wright Mims
    • Erica Michelle Irvin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lowe'S India Private Limited is Building Willow-L2 Manyata Embassy Business Park Sez Outer Ring Road, Nagawara India, Bengaluru, Karnataka, 560045.

  • The corporate identification number (CIN) of Lowe'S India Private Limited is U72300KA2013PTC069867 and the company number is 069867 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lowe'S India Private Limited is https://www.lowes.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Lowe'S India Private Limited has risen by 19.35%.

  • As Per 2022 financial reports, 4323 employees are currently employed by Lowe'S India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Lowe'S India Private Limited has experienced an upsurge of 38.02%.

  • The most recent Balance Sheet for Lowe'S India Private Limited was filed with the ROC on 31 Mar 2024.

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