About LHP Motors
LHP Motors is a company based in Solapur (India) founded in 1981. It operates as a B2B, and Manufacturing and Distribution. The company has 962 employees as of March 31, 2024. LHP Motors offers products and services including Electric Motors, Gear Motors, Flame-Proof Motors, and Brake Motors. LHP Motors operates in a competitive market with competitors including Havells, ESAB, Infinitum, Allient and Nuventura, among others.
- Headquarter Solapur, India
- Employees 962 as on 31 Mar, 2024
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Sectors
Industrial Goods & ManufacturingEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Laxmi Hydraulics Pvt Ltd
- Date of Incorporation 23 Sep, 1980
- Jurisdiction Solapur, Maharashtra, India
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Annual Revenue
$44.68 M (USD)19.02as on Mar 31, 2024
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Net Profit
$4.01 M (USD)68.14as on Mar 31, 2024
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EBITDA
$5.31 M (USD)63.05as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
962
as on Mar 31, 2024
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Products & Services of LHP Motors
LHP Motors offers a comprehensive portfolio of products and services, including Electric Motors, Gear Motors, Flame-Proof Motors, and Brake Motors. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Energy-efficient motors for various applications like firefighting and cranes.
Motors with gears for heavy-duty industrial use.
Motors designed for hazardous environments.
Motors with braking systems for hoisting duties.
Funding Insights of LHP Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by LHP Motors
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LHP Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lhp Motors Comparisons
Competitors of LHP Motors
LHP Motors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Havells, ESAB, Infinitum, Allient and Nuventura, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electrical equipment for domestic and industrial applications is manufactured.
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Manufacturer of welding equipments
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| domain | founded_year | HQ Location |
AC induction motors are manufactured by Infinitum.
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Motors for Automation, Robotics, Automotive and more sectors
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Gas insulated switchgear is designed and manufactured in Berlin.
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| domain | founded_year | HQ Location |
Manufacturer of gears, drive motors and gearboxes
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LHP Motors
When was LHP Motors founded?
LHP Motors was founded in 1981.
Where is LHP Motors located?
LHP Motors is headquartered in Solapur, India. It is registered at Solapur, Maharashtra, India.
How many employees does LHP Motors have?
As of Mar 31, 2024, the latest employee count at LHP Motors is 962.
What is the annual revenue of LHP Motors?
Annual revenue of LHP Motors is $44.68M as on Mar 31, 2024.
What does LHP Motors do?
LHP Motor, under Laxmi Hydraulics Pvt. Ltd., produces a wide range of electric motors including IE2, IE3, and IE4 types, as well as gear motors and special motors for industries like steel, textile, marine, and railway. Based in Solapur, Maharashtra, India, they operate advanced manufacturing facilities to deliver customized solutions. Serving over 6500 customers worldwide, they focus on quality and energy efficiency through large-scale production exceeding 200,000 units annually.
Who are the top competitors of LHP Motors?
What products or services does LHP Motors offer?
LHP Motors offers Electric Motors, Gear Motors, Flame-Proof Motors, and Brake Motors.
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