Lotus Powergear Private Limited, a active private limited company, was established on 18 August 1977 in Bangalore, Karnataka, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U40101KA1977PTC003196. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.
It upholds a compliant status. Employing 80 professional, Its leadership includes Srikantha Seetharam Bhatta (Whole-Time Director), Srinivasa Seetharama Bhatta (Managing Director), Ananda Seetharama Bhatta (Whole-Time Director). Past directors included Nishanimath Gurupadaiya Suresh, Narendra Chenjeri Rama Murthy, Venkatesh Prasad Seetharam Manchanehalli. It holds ₹50.52 Cr open charges and ₹45.49 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 12/13, K M Doddakallasandrakanakapura Road, Bangalore, Bangalore, Karnataka, 560062.
U40101KA1977PTC003196
003196
18 August 1977
₹5.00 Cr
₹5.00 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srikantha Seetharam Bhatta | Whole-Time Director | 16 Jun 2003 | Current |
| Srinivasa Seetharama Bhatta | Managing Director | 01 Jan 1994 | Current |
| Ananda Seetharama Bhatta | Whole-Time Director | 16 Jun 2003 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Whole-Time Director | 30 Jun 2011 | Past |
| Pramod Abcsdd | Additional Director | 31 Mar 2015 | Past |
| Pramod Abcsdd | Director | 31 Oct 2017 | Past |
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Lotus Powergear Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.19% increase. The company also saw a substantial improvement in profitability, with a 105.05% increase in profit. The company's net worth moved up by a moderate rise of 5.38%.
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In 2023, Lotus Powergear had a promoter holding of 87.98% and a public holding of 12.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹505,214,682.00
₹454,861,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2020 | Others | ₹32.33 Cr | Open |
| 20 Feb 2017 | Others | ₹18.19 Cr | Open |
| 18 Dec 2015 | Karnataka State Financial Corporation | ₹10.00 Cr | Satisfied |
| 19 Apr 2005 | Corporation Bank | ₹5.00 Cr | Satisfied |
| 04 Mar 2005 | Corporation Bank | ₹27.17 Cr | Satisfied |
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Lotus Powergear has a workforce of 80 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.
Gain comprehensive insights into the Deals and Valuation data of Lotus Powergear, 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 Lotus Powergear's trajectory.
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Lotus Powergear Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Lotus Powergear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
The activity A charge registered on 19 Apr 2005 via Charge ID 80001731 with Corporation Bank was fully satisfied on 01 Mar 2021. was completed.
Progress on A charge registered on 04 Mar 2005 via Charge ID 90192959 with Corporation Bank was fully satisfied on 01 Mar 2021. was documented.
A charge with Others of Rs. 32.33 Cr registered on 23 Dec 2020 with Charge ID 100405355 was modified on 29 Dec 2020. was recorded as a recent event.
The activity A charge with Others amounted to Rs. 32.33 Cr with Charge ID 100405355 was registered on 23 Dec 2020. was completed.
The CIN of Lotus Powergear Private Limited is U40101KA1977PTC003196.
Lotus Powergear Private Limited is headquartered at 12/13, K M Doddakallasandrakanakapura Road, Bangalore, Bangalore, Karnataka, 560062.
Lotus Powergear Private Limited was incorporated on 18 August 1977.
The current directors of Lotus Powergear Private Limited are
The primary industry of Lotus Powergear Private Limited is Manufacturing.
Lotus Powergear Private Limited is unlisted.
The authorized capital of Lotus Powergear Private Limited is ₹5.00 Cr, and the paid-up capital is ₹5.00 Cr.
The compliance status of Lotus Powergear Private Limited is Compliant.
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