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M. Mallesh Babu

M. Mallesh Babu

एम. मल्लेश बाबू

Janata Dal Kolar Won 2024
Wikipedia

Declared net worth
₹19.44 Cr
Since last election
No prior
Pending cases
2 pending cases
Convictions
0 convictions

Wealth & income over time

₹19.44 Cr
Election Constituency Result Assets Liabilities Net worth Income (latest year, self)
Lok Sabha General Election 2024 Kolar won ₹22.89 Cr ₹3.45 Cr ₹19.44 Cr ₹30.62 L

Latest affidavit

Total assets
₹22.89 Cr
Total liabilities
₹3.45 Cr
Net worth
₹19.44 Cr

Education

  • Postgraduate, M.B.A. degree, Central College, Bangalore, Bangalore University, 1997

self, M. Mallesh Babu, age 49

Movable assets

  • Cash Cash in hand ₹47.29 L
  • Other Movable Assets Savings bank account deposit, Bank of Baroda Kolar ₹54.00
  • Other Movable Assets Current account deposit, HDFC Bank Kolar ₹2.66 L
  • Other Movable Assets Savings bank account deposit, Kotak Mahindra Bank Kolar ₹63,109.00
  • Other Movable Assets Current account deposit, Kotak Mahindra Bank Kolar ₹1.63 L
  • Other Movable Assets Savings bank account deposit, Karnataka Gramin Bank Kolar ₹14,471.00
  • Other Movable Assets Fixed deposit, Karnataka Gramin Bank Kolar ₹71,533.00
  • Other Movable Assets Savings account deposit, Sri Souharda Credit Co-Op Society ₹17,199.00
  • Other Movable Assets Savings account deposit, Sri Souharda Credit Co-Op Society ₹1,277.00
  • Other Movable Assets Vat registration deposit ₹2,000.00
  • Other Movable Assets IOC Ltd. deposit ₹1.00 L
  • Other Movable Assets KEB deposit ₹20,322.00
  • Other Movable Assets Fixed deposit, HDFC Bank ₹50,000.00
  • Other Movable Assets Investment in Manyata ₹40.00 L
  • Mutual Funds Investment in mutual funds ₹3.18 L
  • Bonds, Debentures and Shares Investment in shares ₹5.20 L
  • Other Movable Assets House constructions at Bangalore Bangalore ₹6.50 L
  • LIC / Insurance Policies LIC insurance policy ₹12.10 L
  • LIC / Insurance Policies Sun Birla Insurance Co., Ltd. insurance policy ₹31,067.00
  • LIC / Insurance Policies Bajaj Alliance Insurance Co., Ltd. insurance policy ₹30,000.00
  • LIC / Insurance Policies Bank of Baroda Life Insurance policy ₹14.28 L
  • Other Movable Assets Investment in NSC ₹3,000.00
  • Other Movable Assets Investment in Gold Field Society ₹1.71 L
  • Other Movable Assets Loan to C. Muniswamy IAS Charitable Foundation ₹2.25 L
  • Personal Loans / Advances Given Advance to residential house ₹4.00 L
  • Other Movable Assets Sundry debtors as per annexure ₹1.98 Cr
  • Other Movable Assets Loan to Smt Leelavathi ₹50,000.00
  • Personal Loans / Advances Given Lease advance to Bangarpet Bangarpet ₹7.50 L
  • Other Movable Assets Loan to Nagesh Babu ₹22.00 L
  • Personal Loans / Advances Given Investment on site advance ₹19.30 L
  • Motor Vehicles Motor vehicle, Toyota Innova n/a
  • Motor Vehicles Motor vehicle, Nissan Terrano n/a
  • Motor Vehicles Motor vehicle, Hero Honda two wheeler n/a
  • Jewellery, Bullion, etc. Gold jewellery ₹7.62 L
  • Other Movable Assets Stock in trade as on 31.03.2023 ₹63.54 L

Immovable assets

  • Agricultural Land Agricultural land Kumbarahalli 2.00 acres ₹50.00 L
  • Agricultural Land Non-agricultural land Kumbarahalli 4.00 acres ₹10.00 Cr
  • Agricultural Land Non-agricultural land, KIADB land Narasapura Industrial Area 1.07 acres ₹2.26 Cr
  • Commercial Buildings Commercial building HAL, 2nd Stage, 12th Main, Bangalore 2500 sq ft ₹4.00 Cr

Liabilities

  • Other Liabilities Overdraft account A/c No. 04/04 to Bank of Baroda ₹1.13 Cr
  • Other Liabilities Loan A/c No. 6792 to Bank of Baroda ₹6.88 L
  • Other Liabilities Loan A/c No. 2091 to Bank of Baroda ₹6.67 L
  • Other Liabilities Loan A/c No. 1074 to Bank of Baroda ₹3.88 L
  • Other Liabilities Loan A/c No. 53982 to HDFC Bank ₹24.12 L
  • Other Liabilities Overdraft account A/c No. 46 to Sri Sai Souharda Credit Co-Op Society ₹20.42 L
  • Other Liabilities Neo Growth loan to Neo Growth ₹23.51 L
  • Other Liabilities Due to IOCL to IOCL ₹45.97 L
  • Other Liabilities Loan A/c No. 9934 to Adithya Birla ₹7.53 L
  • Other Liabilities Loan A/c No. 208151 to ICICI Bank ₹14.70 L
  • Other Liabilities Loan from Nandhini Breeding to Nandhini Breeding ₹30.00 L
  • Other Liabilities Due to Manificent Solutions to Manificent Solutions ₹5.00 L
  • Other Liabilities Loan from Mangamma G to Mangamma G ₹24.39 L
  • Other Liabilities Due to Keerthi & Company to Keerthi & Company ₹1.23 L

Income (ITR)

  • 2018-19 ₹37.53 L
  • 2019-20 ₹26.34 L
  • 2020-21 ₹23.35 L
  • 2021-22 ₹33.94 L
  • 2022-23 ₹30.62 L

spouse, Manjula B.L.

Movable assets

  • Cash Cash in hand ₹1.57 L
  • Other Movable Assets Savings bank account deposit, Bank of Baroda Kolar ₹2,197.00
  • LIC / Insurance Policies LIC insurance policy ₹3.00 L
  • Jewellery, Bullion, etc. Gold jewellery ₹28.00 L

Immovable assets

  • Houses / Apartments Apartment, Fortuna Apartments, Windflower ₹98.00 L

Liabilities

  • Other Liabilities Flat loan A/c No. 925 to Bank of Baroda ₹17.17 L

Income (ITR)

  • 2018-19 n/a
  • 2019-20 ₹3.70 L
  • 2020-21 ₹4.27 L
  • 2021-22 ₹4.54 L
  • 2022-23 ₹4.89 L

huf

Movable assets

  • Other Movable Assets Bank deposit, Bank of Baroda Kolar ₹18.90 L
  • Other Movable Assets Bank deposit, Kotak Mahindra Bank Kolar ₹93,405.00

Income (ITR)

  • 2018-19 ₹17.00 L
  • 2019-20 ₹15.27 L
  • 2020-21 ₹3.45 L
  • 2021-22 ₹11.21 L
  • 2022-23 ₹19.90 L

Sources of income

  • Business Retail outlet of IOCL (petrol bunk), trade name Shri Sai Service Station self
  • Agriculture self
  • Business Retail outlet of IOCL (petrol bunk), trade name Shri Sai Service Station spouse
  • Agriculture spouse

Social media handles

  • Facebook given
  • Facebook given
  • WhatsApp given

Totals printed in the affidavit

  • Total value of movable assets self assets ₹5.80 Cr This total could not be checked against the items listed in the affidavit.
  • Total value of movable assets spouse assets ₹32.59 L
  • Total value of movable assets huf assets ₹0.00 The totals printed in the affidavit do not add up.
  • Total market value of immovable assets self assets ₹16.76 Cr
  • Total market value of immovable assets spouse assets ₹98.00 L
  • Total market value of immovable assets huf assets ₹0.00
  • Total liabilities self liabilities ₹3.28 Cr
  • Total liabilities spouse liabilities ₹17.17 L
  • Total liabilities huf liabilities ₹0.00

Other entries in the affidavit

  • Deposits in banks, financial institutions and other institutions (category amount) 27,52,178 Part A, movable assets Self Row (ii), Self column
  • Deposits in banks, financial institutions and other institutions (category amount) 2,197 Part A, movable assets Spouse Row (ii), Spouse column
  • Bonds, debentures, shares in companies and mutual funds (category amount) 54,88,124 Part A, movable assets Self Row (iii), Self column
  • National savings schemes, postal savings, LIC and other insurance policies (category amount) 83,60,258 Part A, movable assets Self Row (iv), Self column
  • National savings schemes, postal savings, LIC and other insurance policies (itemised list total) 28,72,134 Part A, movable assets Self Row (iv), itemised list Total Rs.
  • National savings schemes, postal savings, LIC and other insurance policies (category amount) 3,00,000 Part A, movable assets Spouse Row (iv), Spouse column
  • Personal loans and advances given (category amount) 2,53,54,357 Part A, movable assets Self Row (v), Self column
  • Motor vehicles (category amount) 42,12,881 Part A, movable assets Self Row (vi), Self column
  • Jewellery, bullion and valuables (category amount) 7,62,000 Part A, movable assets Self Row (vii), Self column
  • Jewellery, bullion and valuables (category amount) 28,00,000 Part A, movable assets Spouse Row (vii), Spouse column
  • Other assets (category amount) 63,53,723 Part A, movable assets Self Row (viii), Self column
  • Cost of development or improvement, agricultural land (Survey No. 04) 7,00,000 Part A, immovable assets Self Agricultural land, development cost row
  • Cost of development or improvement, non-agricultural land (Survey No. 07) 4,00,000 Part A, immovable assets Self Non-agricultural land, development cost row, first value
  • Cost of development or improvement, non-agricultural land (KIADB land) 10,00,000 Part A, immovable assets Self Non-agricultural land, development cost row, second value
  • Loans from banks, financial institutions and others (category amount) 3,27,75,444 Part A, liabilities Self Row (i), Self column
  • Loans from banks, financial institutions and others (category amount) 17,16,804 Part A, liabilities Spouse Row (i), Spouse column
  • Purchase price of self-acquired immovable assets 1,11,98,142 Part B, summary of assets and liabilities Self Immovable assets, row I
  • Purchase price of self-acquired immovable assets 98,00,000 Part B, summary of assets and liabilities Spouse Immovable assets, row I
  • Total value of self-acquired immovable assets (current market value) 16,75,60,000 Part B, summary of assets and liabilities Self Immovable assets, market value, item (a)
  • Total value of self-acquired immovable assets (current market value) 98,00,000 Part B, summary of assets and liabilities Spouse Immovable assets, market value, item (a)
  • Loans from banks, financial institutions and others 3,27,75,444 Part B, summary of assets and liabilities Self Liabilities, row (II)
  • Loans from banks, financial institutions and others 17,16,804 Part B, summary of assets and liabilities Spouse Liabilities, row (II)
  • Police station Bangarapet Police Station Pending criminal cases Candidate Case 1, row (a)
  • Date printed with crime number and C.C. number 04-05-2018 Pending criminal cases Candidate Case 1, row (a)
  • Police station Kolar Rural Police Station Pending criminal cases Candidate Case 2, row (a)

PAN: given

Contact details: Not applicable to this form or row

Criminal cases (2)

  • pending, Allegation of violating the model code of conduct of the 2018 Assembly election
    IPC 1860 (Sections 171H, 149); Religious Institutions (Prevention of Misuse) Act 1988 (Sections 3, 6, 7)
    Principal Civil Judge (Junior Division) and JMFC Court, Bangarapet, Kolar District
    charges framed
  • pending, Allegation of illegally storing sarees and pamphlets brought for distribution to voters in the election
    Sections 171B, 171E, IPC
    1st Additional Senior Civil Judge and C.J.M., Kolar
    charges framed

Elections contested

Election Constituency Party Result Votes Share
Lok Sabha General Election 2024 Kolar Janata Dal won 691,481 51.24%

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Compiled from public disclosures by the Election Commission of India and MyNeta.