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HomeAndhra Pradesh 2024VIZIANAGARAMNELLIMARLALOKAM NAGA MADHAVI(Criminal & Asset Declaration)

Andhra Pradesh 2024

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LOKAM NAGA MADHAVI (Winner)

NELLIMARLA (VIZIANAGARAM)
Party:Janasena Party
S/o|D/o|W/o: Venkata Nagendra Vara Prasad Lokam
Age: 55
Name Enrolled as Voter in: 17 Nellimarla (Andhra Pradesh) constituency, at Serial no 960 in Part no 233

Self Profession:Business
Spouse Profession:Business

Crime-O-Meter


No criminal cases

Assets & Liabilities


Assets: Rs 2,91,17,45,849 ~291 Crore+
Liabilities: Rs 5,39,75,352 ~5 Crore+

Educational Details


Category: Post Graduate
Master of Science in Computer Science, Kent State University, USA, 1995

Details of PAN and status of Income Tax return

Relation TypePAN GivenFinancial YearTotal Income Shown in ITR
selfY2022 - 20232022 - 2023 ** Rs 5,35,120 ~ 5 Lacs+
2021 - 2022 ** Rs 85,780 ~ 85 Thou+
2020 - 2021 ** Rs 3,97,090 ~ 3 Lacs+
2019 - 2020 ** Rs 14,17,110 ~ 14 Lacs+
2018 - 2019 ** Rs 10,01,690 ~ 10 Lacs+
spouseYNoneNone ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
hufNNoneNone ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
dependent1NNoneNone ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
dependent2NNoneNone ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
dependent3NNoneNone ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
None ** Rs 0 ~
Data Readability Report of PAN and Income Tax :No Problems in Reading Affidavit Information

Details of Criminal Cases

No criminal cases

Disclaimer: This information is an archive of the candidate's self-declared affidavit that was filed during the elections. The current status of this information may be different. For the latest available information, please refer to the affidavit filed by the candidate to the Election Commission in the most recent election.

Data Readability Report of Criminal Cases :No Problems in Reading Affidavit Information

Details of Movable Assets

Sr NoDescriptionselfspousehufdependent1dependent2dependent3
iCash 50,500  50 Thou+

65,000  65 Thou+

NilNilNilNil Rs 1,15,500
1 Lacs+
iiDeposits in Banks, Financial Institutions and Non-Banking Financial CompaniesKarur Vysya Bank A/c. No. 1417155000035 881 (Jointly held with Husband VNV Prasad Lokam)
45,60,699  45 Lacs+

State Bank of India A/c. No. 00000010308078601 (Jointly held with Husband VNV Prasad Lokam)
3,76,000  3 Lacs+

State Bank of India A/c. No. 00000010308069186
1,33,000  1 Lacs+

Fixed Deposits Branch INR Deposits
18,33,985  18 Lacs+

Fixed Deposits: (Jointly held with Husband VNV Prasad Lokam) Karur Vysya Bank Branch INR Deposits
92,16,879  92 Lacs+

SBI Overseas Branch INR Deposits
1,04,00,000  1 Crore+

SBI Overseas Branch USD Deposits
55,88,300  55 Lacs+

(jointly held with wife Smt. N. Madhavi Lokam) JP Morgan Chase (US) A/c. No. 77741576875
8,55,99,882  8 Crore+

Fixed Deposits Branch INR Deposits
91,22,002  91 Lacs+

Fixed Deposits: (Jointly held with Husband VNV Prasad Lokam) Karur Vysya Bank Branch INR Deposits
92,16,879  92 Lacs+

JP Morgan Chase (US) A/C No 157xxxxx
3,96,88,410  3 Crore+

NilNilNilNil Rs 17,57,36,036
17 Crore+
iiiBonds, Debentures and Shares in companiesChikiniki Enterprises (India) Pvt Ltd., No of Shares 2600
74,43,407  74 Lacs+

Miracle Software Systems (India) Pvt Ltd., No of Shares 35000
2,44,94,325  2 Crore+

Miracle Milk Products Pvt Ltd., No of Shares 2700
6,41,987  6 Lacs+

IT Lokam Services Pvt Ltd., No of Shares 10
6,622  6 Thou+

Miracle Staples and Grains Pvt Ltd., No of Shares 9000
2,88,826  2 Lacs+

Chikiniki Enterprises Inc. Detroit, MI, USA 100% Owner
2,68,84,263  2 Crore+

Chikiniki Enterprises (India) Pvt Ltd., No of Shares 7400
2,11,85,083  2 Crore+

Miracle Software Systems (India) Pvt Ltd., No of Shares 924000
64,66,50,178  64 Crore+

Miracle Milk Products Pvt Ltd., No of Shares 7500
17,83,297  17 Lacs+

IT Lokam Services Pvt Ltd., No of Shares 9990
66,15,704  66 Lacs+

Miracle Staples and Grains Pvt Ltd., No of Shares 1000
32,092  32 Thou+

Miracle Software Systems Inc. Detroit, MI, USA 100% Owner
1,31,80,73,176  131 Crore+

NilNilNilNil Rs 2,05,40,98,960
205 Crore+
iv(a)
NSS, Postal Savings etc
NilNilNilNilNilNil Nil
(b)
LIC or other insurance Policies
LICs Policies: Surrender Value
2,29,12,637  2 Crore+

LICs Policies: Surrender Value
3,29,39,823  3 Crore+

NilNilNilNil Rs 5,58,52,460
5 Crore+
vPersonal loans/advance given Miracle Milk Products Pvt Ltd.,
39,54,273  39 Lacs+

Miracle Metals (India) Pvt Ltd., (Jointly held with Husband VNV Prasad Lokam) 50% Share
2,76,38,296  2 Crore+

IT Lokam Services Pvt Ltd., (Jointly held with Husband VNV Prasad Lokam) 50% Share Value
1,01,45,222  1 Crore+

Miracle Educational Society
8,06,45,492  8 Crore+

Miracle Milk Products Pvt Ltd.,
1,20,27,046  1 Crore+

Miracle Metals (India) Pvt Ltd., (Jointly held with Wife Smt. Naga Madhavi Lokam) 50% Share Value
2,76,38,296  2 Crore+

IT Lokam Services Pvt Ltd., (Jointly held with Wife Smt. Naga Madhavi Lokam) 50% Share Value
1,01,45,222  1 Crore+

Miracle Educational Society
1,52,90,330  1 Crore+

NilNilNilNil Rs 18,74,84,177
18 Crore+
viMotor Vehicles (details of make, etc.)NilMotor Vehicles in the USA Ford Explorer License Plate No. DFG1606 Purchased in 2014
6,76,500  6 Lacs+

NilNilNilNil Rs 6,76,500
6 Lacs+
viiJewellery (give details weight value)Gold weight 1992 grams
1,24,99,800  1 Crore+

Silver Weight 1150 grams
88,550  88 Thou+

Diamonds and Precious Stones
34,40,135  34 Lacs+

Gold weight 28 grams
1,75,700  1 Lacs+

NilNilNilNil Rs 1,62,04,185
1 Crore+
viiiOther assets, such as values of claims / interestsNilNilNilNilNilNil Nil
Gross Total Value (as per Affidavit) 25,32,43,199  25 Crore+ 2,23,69,24,620  223 Crore+ Nil Nil Nil Nil Rs 2,49,01,67,819
249 Crore+
Totals (Calculated as Sum of Values) Rs 25,32,43,198
25 Crore+
Rs 2,23,69,24,620
223 Crore+
Nil
Nil
Nil
Nil
Rs 2,49,01,67,818
249 Crore+

Disclaimer: This information is an archive of the candidate's self-declared affidavit that was filed during the elections. The current status of this information may be different. For the latest available information, please refer to the affidavit filed by the candidate to the Election Commission in the most recent election.

Data Readability Report of Movable Assets :No Problems in Reading Affidavit Information

Details of Immovable Assets

Sr NoDescriptionselfspousehufdependent1dependent2dependent3
iAgricultural LandKancheru, Bhogapuram Mandal, Vizianagaram Dist. Survey Nos: 1/5, 1/6, 2/1, 2/2, 2/3, 2/4, 4/1, 4/2, 4/3, 4/4, 9/1, 9/4 , 9/5 Mujeru village, Bhogapuram Mandal, Viziangaram Dist., Survey Nos: 105/2, 105/3, 106/3, 106/7, 106/8, 403-3, 407- 3, 407-6, 413/17, 413/20, 413/25, 414/3, 414/4, 415/2
Total Area Acres. 39.645 cents
Built Up Area
Whether Inherited N
Purchase Date 2005-01-01
Purchase Cost 2626600.00
Development Cost 0.00
18,22,87,710  18 Crore+

NilNilNilNilNil Rs 18,22,87,710
18 Crore+
iiNon Agricultural LandNilBhogapuram East (Village), Bhogapuram Mandal, Viziangaram Dist., Survey No. 190/7A
Total Area 51400 sqft
Built Up Area
Whether Inherited N
Purchase Date 2005-03-24
Purchase Cost 283200.00
Development Cost 0.00
1,19,93,520  1 Crore+

NilNilNilNil Rs 1,19,93,520
1 Crore+
iiiCommercial BuildingsNilNilNilNilNilNil Nil
ivResidential BuildingsLawsons Bay Colony, Door No. 4-66-1/5, Plot No. 12, (jointly held with Spouse LVNV Prasad Lokam) 50% Share
Total Area 2200.50 sqft
Built Up Area 1100 sqft
Whether Inherited N
Purchase Date 2002-03-21
Purchase Cost 987500.00
Development Cost 0.00
1,83,86,400  1 Crore+

26745 Shoreline Dr Novi, MI 48374, USA (jointly held with Spouse LVNV Prasad Lokam) 50% share 49,222.8 Sq. Ft (out of that 50% share i.e., 24611.4 Sq. Ft belonging to VNV Prasad Lokam (Husband) 9,384 Sq. Ft., out of that 50% share i.e., 4692 Sq. Ft belongs to VNV Prasad Lokam (Spouse)
Total Area 24611.4 sqft
Built Up Area 4692 sqft
Whether Inherited N
Purchase Date 2017-04-15
Purchase Cost 64000000.00
Development Cost 0.00
7,70,00,000  7 Crore+

Lawsons Bay Colony, Door No. 4-71-5, Plot No. 1/4
Total Area 5283 sqft
Built Up Area 1050 sqft
Whether Inherited N
Purchase Date 2012-11-20
Purchase Cost 24200000.00
Development Cost 0.00
3,65,24,000  3 Crore+

Lawsons Bay Colony, Door No. 4-66-1/5, Plot No. 12, (jointly held with Wife Smt. Naga Madhavi Lokam) 50% Share
Total Area 2200.50 sqft
Built Up Area 1100 sqft
Whether Inherited N
Purchase Date 2002-03-21
Purchase Cost 987500.00
Development Cost 0.00
1,83,86,400  1 Crore+

26745 Shoreline Dr Novi, MI 48374, USA (jointly held with Wife N Madhavi Lokam) 50% share 49,222.8 Sq. Ft (out of that 50% share i.e., 24611.4 Sq. Ft belonging to VNV Prasad Lokam (Husband) 9,384 Sq. Ft., out of that 50% share i.e., 4692 Sq. Ft belongs to VNV Prasad Lokam (Spouse)
Total Area 24611.4 sqft
Built Up Area 4692 sqft
Whether Inherited N
Purchase Date 2017-04-15
Purchase Cost 64000000.00
Development Cost 0.00
7,70,00,000  7 Crore+

NilNilNilNil Rs 22,72,96,800
22 Crore+
vOthersNilNilNilNilNilNil Nil
Total Current Market Value of (i) to (v) (as per Affidavit) 31,41,98,110  31 Crore+ 10,73,79,920  10 Crore+ Nil Nil Nil Nil Rs 42,15,78,030
42 Crore+
Totals Calculated Rs 31,41,98,110
31 Crore+
Rs 10,73,79,920
10 Crore+
Nil
Nil
Nil
Nil
Rs 42,15,78,030
42 Crore+

Disclaimer: This information is an archive of the candidate's self-declared affidavit that was filed during the elections. The current status of this information may be different. For the latest available information, please refer to the affidavit filed by the candidate to the Election Commission in the most recent election.

Data Readability Report of Immovable Assets :No Problems in Reading Affidavit Information

Details of Liabilities

Sr NoDescriptionselfspousehufdependent1dependent2dependent3
iLoans from Banks / FIsJP Morgan Chase (US) Jointly held with Spouse VNV Prasad Lokam (50% share)
2,69,87,676  2 Crore+

JP Morgan Chase (US) Jointly held with Wife N Madhavi Lokam (50% share)
2,69,87,676  2 Crore+

NilNilNilNil Rs 5,39,75,352
5 Crore+
Loans due to Individual / EntityNilNilNilNilNilNil Nil
Any other LiabilityNilNilNilNilNilNil Nil
Grand Total of Liabilities (as per affidavit) 2,69,87,676  2 Crore+ 2,69,87,676  2 Crore+ Nil Nil Nil Nil Rs 5,39,75,352
5 Crore+
iiDues to departments dealing with government accommodationNilNilNilNilNilNil Nil
Dues to departments dealing with supply of waterNilNilNilNilNilNil Nil
Dues to departments dealing with supply of electricityNilNilNilNilNilNil Nil
Dues to departments dealing with telephonesNilNilNilNilNilNil Nil
Dues to departments dealing with supply of transportNilNilNilNilNilNil Nil
Income Tax DuesNilNilNilNilNilNil Nil
Wealth Tax DuesNilNilNilNilNilNil Nil
Service Tax DuesNilNilNilNilNilNil Nil
Property Tax DuesNilNilNilNilNilNil Nil
Sales Tax DuesNilNilNilNilNilNil Nil
GST DuesNilNilNilNilNilNil Nil
Any Other DuesNilNilNilNilNilNil Nil
iiiGrand Total of all Govt Dues (as per affidavit) Nil Nil Nil Nil Nil Nil Nil
ivWhether any other liabilities are in dispute, if so, mention the amount involved and the authority before which it is pendingNilNilNilNilNilNil Nil
Totals (Calculated as Sum of Values) Rs 2,69,87,676
2 Crore+
Rs 2,69,87,676
2 Crore+
Nil
Nil
Nil
Nil
Rs 5,39,75,352
5 Crore+

Disclaimer: This information is an archive of the candidate's self-declared affidavit that was filed during the elections. The current status of this information may be different. For the latest available information, please refer to the affidavit filed by the candidate to the Election Commission in the most recent election.

Data Readability Report of Liabilities :No Problems in Reading Affidavit Information

Profession or Occupation

Self Business
Spouse Business

Sources Of Income (Details)

Self Business
Spouse Business
Dependent

Contracts with appropriate Govt. and any public company/companies

Details of contracts entered by the candidate Not Applicable
Details of contracts entered into by spouse Not Applicable
Details of contracts entered into by dependent Not Applicable
Details of contracts entered into by Hindu undivided family or trust in which the candidate or spouse or dependents have interest Not Applicable
Details of contracts entered into by Partnership Firms in which the candidate or spouse or dependents are partners Not Applicable
Details of contracts entered into by Private Companies in which candidate or spouse or dependents have share Not Applicable



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