About Lotus Energy Solutions Private Limited
Data last updated:
Lotus Energy Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the energy solutions segment of the renewable energy sector. It was incorporated on 10 July 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U60200KA2013PTC070089. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹9 Cr and a paid-up capital of ₹1.58 Lakh. It was led by directors Rama Gopal Bolisetty and Pavankumar Vaijanath Deshpande.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Composite No.36 Unit No. 4 Mks Arcade Bellary Main Road Ganganagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.02 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹95.62 Lakh and EBITDA of -₹38.05 Lakh.
Its group structure included 3 subsidiaries.
The company was associated with 1 brand: Lotus Renewable Energy.
The last known website on record is lotusreenergy.com.
Company details
Contact details
Lotus Energy Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is lotusreenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressComposite No.36 Unit No. 4 Mks Arcade Bellary Main Road Ganganagar, Bangalore, Karnataka, India – 560032
- IndustryRenewable Energy, Energy Solutions
To see the full contact details of Lotus Energy Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Lotus Energy Solutions operates one associated brand: Lotus Renewable Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops solar energy projects, including design, installation, and operations. | lotusreenergy.com |
Business activity
The main business activity of Lotus Energy Solutions is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Lotus Energy Solutions Private Limited, buy the company report.
Financials of Lotus Energy Solutions Private Limited
FY 2021 filings availableLotus Energy Solutions Private Limited reported revenue of ₹6.02 Lakh (down 91% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.02 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹38.05 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹95.62 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Lotus Energy Solutions Private Limited, buy the company report.
Board of directors of Lotus Energy Solutions Private Limited
Lotus Energy Solutions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavankumar Vaijanath Deshpande Also directs: Scientific Advanced Initiatives for Life Private Limited | Additional Director | 28 Feb 2022 | 4 Years 8 Months | As last reported |
| Rama Gopal Bolisetty Also directs: Lotusener Infra Solutions Private Limited, Lotusener Foundation | Director | 19 Apr 2017 | 9 Years 6 Months | As last reported |
Auditor
Lotus Energy Solutions Private Limited is audited by K.P.RAOANDCO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.P.RAOANDCO. | FY 2017 | 003135S |
Shareholding
The shareholding of Lotus Energy Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lotus Energy Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lotus Energy Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lotus Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Lotus Energy Solutions has 3 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Lotusener Power Solutions Private Limited | U31401KA2014PTC075016 | |
| Lotusener Trans Solutions Private Limited | U60200KA2014PTC075015 | |
| Lotusener Infra Solutions Private Limited | U60200KA2014PTC075017 |
To see the full group structure of Lotus Energy Solutions Private Limited, buy the company report.
GST
Lotus Energy Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lotus Energy Solutions Private Limited, buy the company report.
Recent activity
Lotus Energy Solutions Private Limited has 11 board changes on record since 2016: 2 appointments and 9 cessations. The latest: Gary Donald Seaton ceased to be Director on 28 Feb 2022.
2 earlier events are in the company report.
Frequently asked questions
Lotus Energy Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Lotus Energy Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in energy solutions, within the renewable energy industry. It was incorporated on 10 July 2013 and is registered under CIN U60200KA2013PTC070089. The company has been struck off by the Registrar of Companies and is no longer operational.
Lotus Energy Solutions had 2 directors:
- Pavankumar Vaijanath Deshpande - Additional Director
- Rama Gopal Bolisetty - Director
The CIN (Corporate Identification Number) of Lotus Energy Solutions is U60200KA2013PTC070089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Lotus Energy Solutions is at Composite No.36 Unit No. 4 Mks Arcade Bellary Main Road Ganganagar, Bangalore, Karnataka, India – 560032.
Lotus Energy Solutions was incorporated on 10 July 2013. It is registered with the Registrar of Companies, Bangalore.
Lotus Energy Solutions can be reached through the website lotusreenergy.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Lotus Energy Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
No. Lotus Energy Solutions has 1 GST registration on record and it is cancelled or inactive.
Lotus Energy Solutions operated in the renewable energy industry, in the energy solutions segment. It worked in this industry before it was struck off.
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