February 27, 2015 9:02 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Lava International Limited

Company Overview

Lava International Limited manufactures mobile handsets. It offers tablets, Android based smartphones, touch phones, bar phones, budget phones, e-tabs, and accessories, as well as support services. The company provides its products through dealers in India. Lava International Limited was founded in 2009 and is based in Noida, India.

A-56

Sector 64

Noida,  201301

India

Founded in 2009

Phone:

91 12 0463 7100

Fax:

91 12 0463 7240

Key Executives for Lava International Limited

Co-Founder, Chairman and Managing Director
Chief Manufacturing Officer
Compensation as of Fiscal Year 2014.

Lava International Limited Key Developments

LAVA International Appoints Sanjeev Agarwal as Chief Manufacturing Officer

LAVA International appointed Sanjeev Agarwal as its Chief Manufacturing Officer. Prior to joining LAVA, Agarwal worked at companies such as Celetronix, LG Electronics, Sony India and Moser Baer.

Lava to Buy Nokia’s Chennai Plant

Lava International Limited is looking at buying Nokia Corporation (HLSE:NOK1V)’s Chennai plant which has been embroiled in a tax dispute with Indian tax authorities. Lava has been looking at manufacturing its devices in India owing to growing labor costs in China. By buying the plant, Lava will not only get hold of the world’s largest mobile manufacturing plant, but also be generating thousands of jobs.

Lava Reportedly Plans Sell Its 20% Stake To Raise INR 6000 Million

Lava International Limited is planning to raise up to INR 6000 million by selling 20% stake to private equity firms, a person familiar with Lava plans said. "Around six PE firms have expressed interest in the company and it is in the process of selecting two firms," the person said, adding that the company has been valued at about INR 30 billion. Email query sent to Lava remained unanswered till the time of going to press.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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