Lotus Wireless Technologies India Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.02 Cr
- Company Age 21 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 51.47 Cr
- Satisfied Charges ₹ 4.37 Cr
- Revenue Growth -15.38%
- Profit Growth 16.71%
- Ebitda 21.55%
- Net Worth 28.19%
- Total Assets 34.89%
About Lotus Wireless Technologies India
Lotus Wireless Technologies India Private Limited (LWTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 2003 and has a history of 21 years and seven months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Company is engaged in the Telecom Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.02 Cr.
The company currently has active open charges totaling ₹51.47 Cr. The company has closed loans amounting to ₹4.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
Maninder Lal, Reena Lal, Binu Pillai, and Two other members serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32202AP2003PTC041908
- Company No.
041908
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Oct 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Telecom
What products or services does Lotus Wireless Technologies India Private Limited offer?
Lotus Wireless Technologies India Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Industrial Automation Systems, Electric Circuit Components & Spares, Electronic Components, Transportation Services, Electrical & Electronic Test Devices, Energy Meter, IT, Networking & Automation Solution, IT Solutions, Industrial Furnaces & Ovens.
Lotus Wireless Technologies India Private Limited
Explore comprehensive data for Lotus Wireless Technologies India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lotus Wireless Technologies India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Maninder Lal  | Managing Director | 01-Apr-2004 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Binu Pillai | Director | 29-Jul-2021 | Current |
| Reena Lal | Whole-Time Director | 21-Oct-2003 | Current |
| Vijay Kammela | Director | 29-Jul-2021 | Current |
| Debasis Ray | Director | 29-Jul-2021 | Current |
Financial Performance of Lotus Wireless Technologies India.
Lotus Wireless Technologies India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.38% decrease. The company also saw a substantial improvement in profitability, with a 16.71% increase in profit. The company's net worth Soared by an impressive increase of 28.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Lotus Wireless Technologies India?
In 2023, Lotus Wireless Technologies India had a promoter holding of 99.89% and a public holding of 0.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kitaab Technologies Private LimitedManinder Lal is a mutual person
- Zyna Medtech Private Limited
Maninder Lal, Reena Lal and 2 more are mutual person
- Lotus Insights India Private Limited
Maninder Lal and Vijay Kammela are mutual person
- Golden Ratio Developers Private Limited
Binu Pillai is a mutual person
Charges (Loans)
Open Charges
₹51.47 Cr
Satisfied Charges
₹4.37 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 51.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2018 | State Bank Of India | ₹7.50 M | Open |
| 18 Feb 2005 | State Bank Of India | ₹50.72 Cr | Open |
| 17 Mar 2016 | Andhra Pradesh State Financial Corporation | ₹9.00 M | Satisfied |
| 29 Sep 2014 | Icici Bank Limited | ₹7.50 M | Satisfied |
| 29 Jul 2013 | Andhra Pradesh State Financial Corporation | ₹2.72 Cr | Satisfied |
How Many Employees Work at Lotus Wireless Technologies India?
Lotus Wireless Technologies India has a workforce of 320 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lotus Wireless Technologies 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 Lotus Wireless Technologies India's trajectory.
Rating
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
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 Lotus Wireless Technologies India
Recent activity within the organization
- Annual General Meeting
Lotus Wireless Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 50.72 Cr registered on 18 Feb 2005 with Charge ID 90128778 was modified on 15 Sep 2023.
- Balance Sheet
Lotus Wireless Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge registered on 17 Mar 2016 via Charge ID 10627267 with Andhra Pradesh State Financial Corporation was fully satisfied on 19 Apr 2022.
- Charges
A charge registered on 29 Sep 2014 via Charge ID 10528718 with Icici Bank Limited was fully satisfied on 03 Jan 2022.
- Director Appointment
Binu Subramaniam Pillai was appointed as a Director was appointed as a Director on 29 Jul 2021 & has been associated with this company since 3 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Lotus Wireless Technologies India Private Limited?
Lotus Wireless Technologies India Private Limited was incorporated on 21 Oct 2003.
What is authorized share capital and paid-up capital of Lotus Wireless Technologies India Private Limited?
The authorized share capital of Lotus Wireless Technologies India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.02 Cr.
Who are the current board members & directors of Lotus Wireless Technologies India Private Limited?
Currently 5 directors are associated with Lotus Wireless Technologies India Private Limited.
- Maninder Singh Lal
- Reena Singh Lal
- Binu Subramaniam Pillai
- Vijay Kammela
- Debasis Sinha Ray
What is the registered address of Lotus Wireless Technologies India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Wireless Technologies India Private Limited is Plot No: B-7 E.E.I.E, B Block Autonagar India, Visakhapatnam, Andhra Pradesh, 530012.
What is the corporate identification number (CIN) and company number of Lotus Wireless Technologies India Private Limited?
The corporate identification number (CIN) of Lotus Wireless Technologies India Private Limited is U32202AP2003PTC041908 and the company number is 041908 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lotus Wireless Technologies India Private Limited?
The Official website of Lotus Wireless Technologies India Private Limited is https://www.lotuswireless.com
What has been the recent revenue trend for Lotus Wireless Technologies India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lotus Wireless Technologies India Private Limited has fallen by -15.38%.
How many employees does Lotus Wireless Technologies India Private Limited currently have?
As Per 2023 financial reports, 320 employees are currently employed by Lotus Wireless Technologies India Private Limited.
What change has been observed in the net worth of Lotus Wireless Technologies India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lotus Wireless Technologies India Private Limited has experienced an upsurge of 28.19%.
What are the total open charges for Lotus Wireless Technologies India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Lotus Wireless Technologies India Private Limited amount to ₹ 51.47 Cr.
When was the last Balance Sheet of Lotus Wireless Technologies India Private Limited filed with the ROC?
The most recent Balance Sheet for Lotus Wireless Technologies India Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records