Lokam Naga Madhavi(Janasena Party):Constituency- NELLIMARLA(VIZIANAGARAM)

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Andhra Pradesh 2024

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

Print Profile

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 Type	PAN Given	Financial Year	Total Income Shown in ITR
self	Y	2022 - 2023	2022 - 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+
spouse	Y	None	None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0** ~
huf	N	None	None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0** ~
dependent1	N	None	None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0** ~
dependent2	N	None	None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0 ~ None Rs 0** ~
dependent3	N	None	None 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 No	Description	self	spouse	huf	dependent1	dependent2	dependent3
i	Cash	50,500 50 Thou+	65,000 65 Thou+	Nil	Nil	Nil	Nil	Rs 1,15,500 1 Lacs+
ii	Deposits in Banks, Financial Institutions and Non-Banking Financial Companies	Karur 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. 15768755 3,96,88,410 3 Crore+	Nil	Nil	Nil	Nil	Rs 17,57,36,036 17 Crore+
iii	Bonds, Debentures and Shares in companies	Chikiniki 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+	Nil	Nil	Nil	Nil	Rs 2,05,40,98,960 205 Crore+
iv	(a) NSS, Postal Savings etc	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iv	(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+	Nil	Nil	Nil	Nil	Rs 5,58,52,460 5 Crore+
v	Personal 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+	Nil	Nil	Nil	Nil	Rs 18,74,84,177 18 Crore+
vi	Motor Vehicles (details of make, etc.)	Nil	Motor Vehicles in the USA Ford Explorer License Plate No. DFG1606 Purchased in 2014 6,76,500 6 Lacs+	Nil	Nil	Nil	Nil	Rs 6,76,500 6 Lacs+
vii	Jewellery (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+	Nil	Nil	Nil	Nil	Rs 1,62,04,185 1 Crore+
viii	Other assets, such as values of claims / interests	Nil	Nil	Nil	Nil	Nil	Nil	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+

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

Details of Immovable Assets

Sr No	Description	self	spouse	huf	dependent1	dependent2	dependent3
i	Agricultural Land	Kancheru, 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+	Nil	Nil	Nil	Nil	Nil	Rs 18,22,87,710 18 Crore+
ii	Non Agricultural Land	Nil	Bhogapuram 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+	Nil	Nil	Nil	Nil	Rs 1,19,93,520 1 Crore+
iii	Commercial Buildings	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iv	Residential Buildings	Lawsons 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+	Nil	Nil	Nil	Nil	Rs 22,72,96,800 22 Crore+
v	Others	Nil	Nil	Nil	Nil	Nil	Nil	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+

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

Details of Liabilities

Sr No	Description	self	spouse	huf	dependent1	dependent2	dependent3
i	Loans from Banks / FIs	JP 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+	Nil	Nil	Nil	Nil	Rs 5,39,75,352 5 Crore+
	Loans due to Individual / Entity	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Any other Liability	Nil	Nil	Nil	Nil	Nil	Nil	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+
ii	Dues to departments dealing with government accommodation	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with supply of water	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with supply of electricity	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with telephones	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Dues to departments dealing with supply of transport	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Income Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Wealth Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Service Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Property Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Sales Tax Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	GST Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
	Any Other Dues	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iii	Grand Total of all Govt Dues (as per affidavit)	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iv	Whether any other liabilities are in dispute, if so, mention the amount involved and the authority before which it is pending	Nil	Nil	Nil	Nil	Nil	Nil	Nil
iv	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+

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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