ActiveBangalore, KarnatakaSince 1977

Lotus Powergear Private Limited

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Set up in 1977 in Bangalore. It has pledged its assets against loans of up to ₹56.02 crore from 3 lenders.

CINU40101KA1977PTC003196
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49 years at a glance

Loans against its assets, and when today's people joined

1978198019821984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyCanara Bank, up to ₹1 lakh, 29 Jun 1978 to 8 Dec 1982Canara Bank, up to ₹75,000, 29 Jun 1978 to 8 Dec 1982Canara Bank, up to ₹16 lakh, 12 Jan 1984 to 27 Nov 2007Canara Bank, up to ₹12.5 lakh, 31 Jan 1987 to 27 Nov 2007Canara Bank, up to ₹10 lakh, 13 Feb 1989 to 27 Nov 2007Canara Bank, up to ₹12 lakh, 9 Mar 1989 to 27 Nov 2007Canara Bank, up to ₹1.3 lakh, 26 Mar 1990 to 27 Nov 2007Canara Bank, up to ₹9 lakh, 14 Jul 1994 to 26 Nov 2007Canara Bank, up to ₹7.5 lakh, 18 Aug 1994 to 26 Nov 2007Canara Bank, up to ₹40 lakh, 20 Apr 1995 to 26 Nov 2007Canara Bank, up to ₹1.75 crore, 26 Dec 1996 to 26 Nov 2007Canara Bank, up to ₹46.56 lakh, 6 Jan 2000 to 26 Nov 2007Corporation Bank, up to ₹27.17 crore, 4 Mar 2005 to 1 Mar 2021Corporation Bank, up to ₹5 crore, 19 Apr 2005 to 1 Mar 2021Karnataka State Financial Corporation, up to ₹10 crore, 18 Dec 2015 to 8 Aug 2017Sir M. Visvesvaraya Co-Operative Bank Limited., up to ₹18.19 crore, 20 Feb 2017 to still openUnion Bank of India, up to ₹32.33 crore, 23 Dec 2020 to still openSir M Vishweshwaraiah Cooperative Bank Limited, up to ₹5.5 crore, 6 Nov 2025 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1977Registered as a company on 18 Aug 1977.
  • 2020Its biggest loan against assets, ₹32.33 crore with Union Bank of India, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹56.02 crorein loans backed by its assets, from 3 lenders

  • Union Bank of India₹32.33 crore

    Open, taken out 23 Dec 2020

  • Sir M. Visvesvaraya Co-Operative Bank Limited.₹18.19 crore

    Open, taken out 20 Feb 2017

  • Sir M Vishweshwaraiah Cooperative Bank Limited₹5.5 crore

    Open, taken out 6 Nov 2025

15 earlier loans, now paid off
  • Karnataka State Financial Corporation18 Dec 2015 to 8 Aug 2017₹10 crore
  • Corporation Bank19 Apr 2005 to 1 Mar 2021₹5 crore
  • Corporation Bank4 Mar 2005 to 1 Mar 2021₹27.17 crore
  • Canara Bank6 Jan 2000 to 26 Nov 2007₹46.56 lakh
  • Canara Bank26 Dec 1996 to 26 Nov 2007₹1.75 crore
  • Canara Bank20 Apr 1995 to 26 Nov 2007₹40 lakh
  • Canara Bank18 Aug 1994 to 26 Nov 2007₹7.5 lakh
  • Canara Bank14 Jul 1994 to 26 Nov 2007₹9 lakh
  • Canara Bank26 Mar 1990 to 27 Nov 2007₹1.3 lakh
  • Canara Bank9 Mar 1989 to 27 Nov 2007₹12 lakh
  • Canara Bank13 Feb 1989 to 27 Nov 2007₹10 lakh
  • Canara Bank31 Jan 1987 to 27 Nov 2007₹12.5 lakh
  • Canara Bank12 Jan 1984 to 27 Nov 2007₹16 lakh
  • Canara Bank29 Jun 1978 to 8 Dec 1982₹1 lakh
  • Canara Bank29 Jun 1978 to 8 Dec 1982₹75,000

What its filings add

Lotus Powergear files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.