Lotus Nets Private Limited
About Lotus Nets Private Limited
Data last updated:
Lotus Nets Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 26 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17112PB1993PTC013554. Its GSTIN is 03AAACL8837B1ZU (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.5 Lakh. It is led by directors including Sarvpreet Singh Bubber (Managing Director) and Harneet Kaur.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P O Rayon Silk Millsg T Road Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.69 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹17,000 (net margin 0.1%) and EBITDA of ₹16.19 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹82.8 Lakh and satisfied charges of ₹85.5 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressP O Rayon Silk Millsg T Road Amritsar, Punjab, India – 143001
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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
- One PDF report, delivered after checkout
Business Activity of Lotus Nets Private Limited
The main business activity of Lotus Nets is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Lotus Nets Private Limited FY 2025 filings available
Lotus Nets Private Limited reported revenue of ₹2.69 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lotus Nets Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 18% growth in the latest year. EBITDA rose 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Lotus Nets Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17,000 | •••• | •••• | •••• | •••• |
| 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 of Lotus Nets Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lotus Nets are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Lotus Nets Private Limited
Lotus Nets Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunflag Filaments Limited | ₹2.7 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Silvassa, Dadra and Nagar Haveli, India |
| Fabtech Industries Private Limited | ₹2.69 Cr (FY 2017) | •••• | •••• | 2.0% | •••• | Surat, Gujarat, India |
| K K Pu Foam Private Limited | ₹2.69 Cr (FY 2016) | •••• | •••• | 64.0% | •••• | Delhi, India |
| Rama Wood Crafts Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Neet Textile Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Ahmedabad Local, Gujarat, India |
| Lotus Nets Private Limited this company | ₹2.69 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Amritsar, Punjab, India |
| Tylak Defence Private Limited | ₹2.69 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Noida, Uttar Pradesh, India |
| Farmsons Fabrics Pvt Ltd | ₹2.69 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Surat, Gujarat, India |
| Kuppu Exports Private Limited | ₹2.68 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Karur, Tamil Nadu, India |
| Shubham Cot-Fab Private Limited | ₹2.68 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
| Bhangdia Textile Mills Private Limited | ₹2.68 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ichalkaranji, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Lotus Nets by revenue in the same principal business activity (Textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lotus Nets Private Limited
Lotus Nets Private Limited is audited by ARORAKHANNA&ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARORAKHANNA&ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Lotus Nets Private Limited
Lotus Nets has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarvpreet Singh Bubber Also directs: Punjab Steel Rolling Mills (Baroda) Private Limited | Managing Director | 22 Dec 1997 | 28 Years 9 Months | Current |
| Harneet Kaur | Director | 22 Dec 1997 | 28 Years 9 Months | Current |
| Divesh Bubber | Director | 01 Jul 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Lotus Nets Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lotus Nets Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2013 | Oriental Bank of Commerce | ₹42 Lakh | Open |
| 04 Aug 2012 | Oriental Bank of Commerce | ₹6 Lakh | Open |
| 30 Nov 2011 | Oriental Bank of Commerce | ₹11.8 Lakh | Open |
| 24 Jul 2002 | Oriental Bank of Commerce | ₹23 Lakh | Open |
| 15 Feb 2011 | Oriental Bank of Commerce | ₹11.5 Lakh | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Lotus Nets Private Limited
Lotus Nets Private Limited has 8 court cases on record: 8 filed by Lotus Nets. 4 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 3 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Execution petition | Filed by the company against Mahavir Traders | Pending |
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India | Pending |
| District court, Amritsar, Punjab | Court case (CRR) | Filed by the company against an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Lotus Nets Private Limited
Employment history and EPFO contributions of people linked to Lotus Nets.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Lotus Nets Private Limited
Lotus Nets Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Divesh Bubber was appointed as Director on 01 Jul 2018.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lotus Nets Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lotus Nets Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lotus Nets Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Lotus Nets Private Limited
Lotus Nets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACL8837B1ZU | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lotus Nets Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lotus Nets Private Limited
Lotus Nets is an active private limited company based in Amritsar, Punjab, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 26 July 1993 (33+ years old) and is registered under CIN U17112PB1993PTC013554.
Lotus Nets reported revenue of ₹2.69 Cr for FY 2025 (up 18% YoY).
Lotus Nets has 3 current directors:
- Sarvpreet Singh Bubber - Managing Director
- Harneet Kaur - Director
- Divesh Bubber - Director
Lotus Nets reported a net profit of ₹17,000 (net margin 0.1%) and EBITDA of ₹16.19 Lakh (EBITDA margin 6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lotus Nets is 8% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lotus Nets is 03AAACL8837B1ZU, registered in Punjab.
The CIN (Corporate Identification Number) of Lotus Nets is U17112PB1993PTC013554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Nets has 8 court cases on record: 8 filed by the company. 4 are pending. Most are in the district courts.
Lotus Nets was incorporated on 26 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Lotus Nets by revenue are Sunflag Filaments Limited, Fabtech Industries Private Limited, K K Pu Foam Private Limited, Rama Wood Crafts Private Limited, Neet Textile Private Limited and 5 more, all in the same principal business activity (Textile, leather and other apparel products).
Divesh Bubber was appointed as Director on 01 Jul 2018. Harneet Kaur was appointed as Director on 22 Dec 1997. Sarvpreet Singh Bubber was appointed as Managing Director on 22 Dec 1997.