Fortune MNC 500 India 2026 edition
Rank#45- Total income
- ₹19,006 Cr
- Profit
- ₹259 Cr
Last year #53
Lenovo (India) Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10,847 Cr
▼ 14% YoY
Net profit · FY 2024
₹100.53 Cr
Net margin 0.9%
EBITDA · FY 2024
₹211.97 Cr
EBITDA margin 2%
Authorised capital
₹1,200 Cr
Registered with MCA
Paid-up capital
₹860.75 Cr
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
1,436
Provident fund records
Directors on board
2
As per MCA filings
About Lenovo (India) Private Limited
Data last updated:
Lenovo (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Lenovo (Asia Pacific) Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 08 March 2005 and has been in existence for over 21 years.
Lenovo (India) is ranked #45 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2005PTC035783. Its GSTIN is 29AABCI3372H1ZI (Karnataka). The company holds 23 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹1,200 Cr and a paid-up capital of ₹860.75 Cr. It was formerly known as Ibm Products India Private Limited. It is led by directors Shailendra Katyal (Managing Director) and Meenakshi Dagar.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹10,847 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹100.53 Cr (net margin 0.9%) and EBITDA of ₹211.97 Cr (EBITDA margin 2%).
The company has about 1,436 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lenovo. Court records list 144 cases involving the company, including 64 filed by the company and 81 filed against it; 43 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹526.37 Cr; the latest was in August 2015. Its 3 peer companies in the Information Technology industry (Computer Hardware), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 3 smaller; the largest is Acer India Private Limited with revenue of ₹6,085.96 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 145 overdue payments to 40 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lenovo.com.
Company details
CIN U72900KA2005PTC035783
Registration Number 035783
Incorporation Date 08 March 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Lenovo (Asia Pacific) Limited
Compliance Status Active Compliant
Name history
Lenovo (India) has undergone 3 name changes throughout its history. The company was previously known as Ibm Products India Private Limited, Lenovo India Private Limited, and Think Products Private Limited. The current legal name is Lenovo (India) Private Limited.
| Company Name | Status |
|---|---|
| Lenovo (India) Private Limited | Current |
| Ibm Products India Private Limited | Previous |
| Lenovo India Private Limited | Previous |
| Think Products Private Limited | Previous |
Recognitions & Rankings of Lenovo (India)
Contact details
Lenovo (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is lenovo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressRoach Icon Level 2 Doddenakundi Village, Marathhalli Outer Ring Road Marathhalli Post Kr Puram Hobli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Lenovo (India) Private Limited, buy the company report.
Comprehensive company report
Lenovo (India) Private Limited - one report that includes everything
- 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
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Brands
Lenovo (India) operates one associated brand: Lenovo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified servers and hardware products are offered by Lenovo. | lenovo.com |
Business activity
The main business activities of Lenovo (India) are manufacturing, trade and professional, scientific and technical. In detail, this covers computer, electronic, communication and scientific measuring & control equipment, wholesale trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | |
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Lenovo (India) Private Limited, buy the company report.
Financials of Lenovo (India) Private Limited
FY 2025 filings availableLenovo (India) Private Limited reported revenue of ₹10,847 Cr (down 14% YoY) for FY 2024.
Revenue · FY 2024
₹10,847 Cr ▼ 14%
Net profit · FY 2024
₹100.53 Cr margin 0.9%
EBITDA · FY 2024
₹211.97 Cr margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
EBITDA CAGR growth
1 year
▲ 10%
Revenue fell 14% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹211.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹100.53 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Lenovo (India) Private Limited, buy the company report.
Board of directors of Lenovo (India) Private Limited
Lenovo (India) has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Katyal Also directs: Ats Services Private Limited | Managing Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Meenakshi Dagar | Director | 12 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Lenovo (India) Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Computer Hardware), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lenovo (India) Private Limitedthis company | ₹10,847 Cr (FY 2024) | ₹100.53 Cr | 0.9% | -14.0% | 1,436 | Bangalore, Karnataka, India |
| Acer India Private Limited | ₹6,085.96 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Domino Printech India Private Limited | ₹580.31 Cr (FY 2024) | 5.0% | New Delhi, Delhi, India | |||
| Altos Computing (India) Private Limited | ₹314.63 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Lenovo (India) Private Limited, buy the company report.
Auditor
Lenovo (India) Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Lenovo (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lenovo (India) Private Limited, buy the company report.
Deals & funding
Lenovo (India) Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹526.37 Cr; the latest was in August 2015.
Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹526.37 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Rights issue | ₹331.11 Cr | Investors: Lenovo (Asia Pacific) Limited |
| Mar 2012 | Funding round | ₹467.14 Cr | Investors: Lenovo (Asia Pacific) Limited |
| Apr 2009 | Funding round | ₹59.23 Cr | Investors: Lenovo (Asia Pacific) Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lenovo (India) Private Limited has 144 court cases on record: 64 filed by Lenovo (India), 81 filed against it. 43 cases are pending and 101 are disposed.
Total cases
144
Filed by the company
64
Filed against the company
81
Pending
43
Disposed
101
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 102 | 47 | 36 |
| District courts | 38 | 31 | 7 |
| Supreme Court | 4 | 3 | 0 |
Cases on record (5 of 144)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Writ petition | Filed against the company by Lenovo India Private Limited and 1 other | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against Lenovo India Private Limited and 3 others | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| District court, CHIKKAMAGALURU, Karnataka | Motor accident claim | Filed against the company | Pending |
To see the full case history of Lenovo (India) Private Limited, buy the company report.
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.
MSME payment delays
Lenovo (India) Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 145 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
To see the full MSME payment records of Lenovo (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lenovo (India) Private Limited has a workforce of 1,436 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
1,436
Active EPFO establishments
1
Employee growth
3.76%
GST
Lenovo (India) has 23 GST registrations: 20 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
20
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI3372H1ZI | Karnataka | Active | 01 Jul 2017 |
| 06AABCI3372H1ZQ | Haryana | Active | 01 Jul 2017 |
| 07AABCI3372H1ZO | Delhi | Active | 01 Jul 2017 |
| 08AABCI3372H1ZM | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lenovo (India) Private Limited, buy the company report.
Recent activity
Lenovo (India) Private Limited has 18 board changes on record since 2007: 2 appointments and 16 cessations. The latest: Meenakshi Dagar ceased to be Additional Director on 28 Sep 2023.
AGM
Lenovo (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lenovo (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Meenakshi Dagar ceased to be Additional Director.
Appointed
Meenakshi Dagar was appointed as Director.
Ceased
Ajay Kumar Sehgal ceased to be Additional Director.
Ceased
Shailendra Katyal ceased to be Additional Director.
Ceased
Rahul Agarwal ceased to be Managing Director.
Appointed
Shailendra Katyal was appointed as Managing Director.
Ceased
Alok Garodia ceased to be Director.
Ceased
Akesh Kumar Agarwal ceased to be Company Secretary.
Ceased
Amar Babu Radhakrishnan ceased to be Director.
Ceased
Victor Louis Quadros ceased to be Director.
9 earlier events are in the company report.
News
Frequently asked questions
Lenovo (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 08 March 2005 (21+ years old) and is registered under CIN U72900KA2005PTC035783.
Lenovo (India) has 2 current directors:
- Shailendra Katyal - Managing Director
- Meenakshi Dagar - Director
The latest financial statements of Lenovo (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lenovo (India) is 29AABCI3372H1ZI, registered in Karnataka. The company has 23 GST registrations in all, of which 20 are active and 3 are cancelled or inactive. Other active GSTINs include 06AABCI3372H1ZQ (Haryana), 07AABCI3372H1ZO (Delhi), 08AABCI3372H1ZM (Rajasthan).
The CIN (Corporate Identification Number) of Lenovo (India) is U72900KA2005PTC035783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lenovo (India) has 144 court cases on record: 64 filed by the company and 81 filed against it. 43 are pending. Most are in the high courts.
Lenovo (India) was incorporated on 08 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Lenovo (India) has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹526.37 Cr; the latest was in August 2015.
The peers of Lenovo (India) by revenue are Acer India Private Limited, Domino Printech India Private Limited, Altos Computing (India) Private Limited, all in the Information Technology industry (Computer Hardware), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Meenakshi Dagar ceased to be Additional Director on 28 Sep 2023. Meenakshi Dagar was appointed as Director on 12 Dec 2022. Ajay Kumar Sehgal ceased to be Additional Director on 30 Sep 2022. Lenovo (India) has 18 board changes on record in total.
Lenovo (India) has 14 MSME Form 1 returns on record between 2019 and 2024, listing 145 overdue payments to 40 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Lenovo (India) can be reached through the website lenovo.com. Its registered office is in Bangalore, Karnataka, India.