Declared net worth
₹30.50 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version
Wealth & income over time
₹30.50 Cr
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income |
|---|---|---|---|---|---|---|
| Lok Sabha General Election 2024 | Ongole | won | ₹58.33 Cr | ₹27.83 Cr | ₹30.50 Cr | ₹2.21 Cr |
Latest affidavit
Total assets
₹58.33 Cr
Total liabilities
₹27.83 Cr
Net worth
₹30.50 Cr
Education
- Graduate, B.Com from V.R. Collage S.V. University, Nellore In 1973
self, Magunta Sreenivasulu Reddy (Winner)
Business
Movable assets
- Cash Cash ₹18,529.00
- Deposits in Banks, FIs and NBFCs Kotak Mahindra Bank Chennai No 0463200000xxxxx ₹11.33 L
- Deposits in Banks, FIs and NBFCs SBI New Delhi No 01002381xxxxx ₹23.53 L
- Deposits in Banks, FIs and NBFCs UBI Ongole No 04001002509xxxxx ₹14.51 L
- Deposits in Banks, FIs and NBFCs SBI FD ₹2.00 L
- Bonds, Debentures and Shares Angel Champgane LLP Capital ₹40,000.00
- Bonds, Debentures and Shares Angel Champagne LLP Current (3795740.00) ₹0.00
- Bonds, Debentures and Shares Creative Industries LLP Capital ₹50.66 L
- Bonds, Debentures and Shares Creative Industries LLP Current ₹38.34 L
- Bonds, Debentures and Shares Global Alcobev Marketing Enterprises Capital ₹99,000.00
- Bonds, Debentures and Shares Global Alcodev Marketing Enterprises Current ₹1.62 Cr
- Personal Loans / Advances Given K Surya Narayana ₹10.00 L
- Personal Loans / Advances Given M Geetha Latha ₹1.82 Cr
Immovable assets
- Agricultural Land Peduru Village TP Gudur Mandal Nellore AP Sy No-118,98 & 376 ₹77.00 L
- Agricultural Land Indira Mutually Aided Co-Operative Housing Scoiety Ltd Hyderabad ₹10.00 L
- Agricultural Land Total Area ₹22.00 L
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to M Nikhil Reddy ₹1.70 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to M Raghav Reddy ₹20.00 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to M Srinivasulu Reddy ₹1.49 Cr
Income (ITR)
- 2022-23 ₹13.85 L
- 2021-22 ₹11.09 L
- 2020-21 ₹37.15 L
- 2019-20 ₹21.97 L
- 2018-19 ₹11.12 L
spouse
Family Business
Movable assets
- Cash Cash ₹6.68 L
- Deposits in Banks, FIs and NBFCs BOB Nellore No 0980010000xxxxx ₹5,305.00
- Deposits in Banks, FIs and NBFCs Indian Bank Ptrs RD Chennai No 40347xxxxx ₹1.72 L
- Deposits in Banks, FIs and NBFCs Kotak Mahindra Bank No 071269xxxxx ₹1.10 L
- Deposits in Banks, FIs and NBFCs Kotak Mahindra Bank Sweep Account ₹34.70 L
- Bonds, Debentures and Shares United Spirits Ltd ₹4.12 L
- Bonds, Debentures and Shares Balaji Hotels and Enterprises Ltd ₹0.00
- Bonds, Debentures and Shares Balaji Hotels and Enterprises Ltd ₹0.00
- Bonds, Debentures and Shares Appollo Hospitaqls Enterprises Ltd ₹2.08 Cr
- Bonds, Debentures and Shares Vani Threares Pvt Ltd ₹2.32 L
- Bonds, Debentures and Shares Ador Computers Pvt Ltd ₹3.22 L
- Bonds, Debentures and Shares RBF Home Finance Ltd ₹5.00 L
- Bonds, Debentures and Shares RBF Hospitals Ltd ₹5.00 L
- Bonds, Debentures and Shares Crown Real Estates Pvt Ltd ₹12.00 L
- Bonds, Debentures and Shares Prayag Enterprises Marketing Services LLP Capital A/c ₹2.35 L
- Bonds, Debentures and Shares Prayag Enterprises Marketing Services LLP Capital A/c ₹1.79 Cr
- Personal Loans / Advances Given Smt M Snehalathamma ₹10.80 L
- Personal Loans / Advances Given Sri M Raghav ₹1.57 Cr
- Personal Loans / Advances Given Sri S Subramanyam ₹7.20 Cr
- Personal Loans / Advances Given Sri AV Aneesh Reddy ₹1.84 Cr
- Personal Loans / Advances Given Sri M Kiran Reddy ₹46.01 L
- Personal Loans / Advances Given Sri M Kiran Reddy ₹3.54 L
- Personal Loans / Advances Given Sulaksha Builders Pvt Ltd ₹4.83 L
- Jewellery, Bullion, etc. Jewelry Bullion ₹2.07 Cr
Immovable assets
- Agricultural Land Site At Nellore Ward No-23 Cas No-523 Opp Kasturi Devi Vidyalayam Dargamitta Nellore ₹1.60 Cr
- Commercial Buildings Building at 27-68/6/1 Patibandlavari Street Governorpet Vijyawada ₹2.00 Cr
- Residential Buildings Flat at Srirangam Door No-169 Wast Uthitra Street Srirangam Trichy 6 Ward No-2 Door No-169 East Uthira Street Sringam Trichy 6 Block No-23 ₹40.00 L
- Residential Buildings Total Area ₹15.00 Cr
- Residential Buildings Built Up Area ₹11.04 Cr
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to GPR Chits P Ltd ₹9.83 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mighty Agrotech India LLP ₹2.50 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Smt M Parvathamma ₹11.66 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri M Nikhil ₹3.58 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Magunta Exports ₹6.25 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri M Vijay Kumar Reddy ₹12.00 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri M Srinivasu Reddy ₹1.82 Cr
Income (ITR)
- 2022-23 ₹25.43 L
- 2021-22 ₹23.83 L
- 2020-21 ₹24.50 L
- 2019-20 ₹23.76 L
- 2018-19 ₹24.33 L
huf
Movable assets
- Cash Cash ₹67,854.00
- Deposits in Banks, FIs and NBFCs BoB Nellore Sb No 0980010000xxxxx ₹63,595.00
- Deposits in Banks, FIs and NBFCs Indian Bank Chennai CU No 40347xxxxx ₹6.11 L
- Bonds, Debentures and Shares Balaji Hotels & Enterprises Ltd ₹73.58 L
- Bonds, Debentures and Shares Balaji Industrial Corporation Ltd ₹25.00 L
- Bonds, Debentures and Shares United Spirits Ltd ₹50,000.00
- Bonds, Debentures and Shares Kothari Petro Ltd ₹98,010.00
- Bonds, Debentures and Shares Balaji Constructions Company Pvt Ltd ₹5,000.00
- Bonds, Debentures and Shares Dhanvathi Investments Ltd ₹1,000.00
- Bonds, Debentures and Shares East Coast Distilleries Ltd ₹4,500.00
- Bonds, Debentures and Shares Gayatri Sugar Complex Ltd ₹10.00 L
- Bonds, Debentures and Shares Kalyani Agro Farms Pvt Ltd ₹2,423.00
- Bonds, Debentures and Shares Magunta Finance Ltd ₹90,000.00
- Bonds, Debentures and Shares Nageswar Rao Estates Ltd ₹9,000.00
- Bonds, Debentures and Shares Pearl Distillers Ltd ₹7.50 L
- Bonds, Debentures and Shares Raghava Agro Farms Pvt Ltd ₹4,500.00
- Bonds, Debentures and Shares Sapthagiri Distillers Pvt Ltd ₹9,000.00
- Bonds, Debentures and Shares Sri Venkateswara Orchards Pvt Ltd ₹50.00
- Bonds, Debentures and Shares Viki Hotels Pvt Ltd ₹10.00 L
- Bonds, Debentures and Shares Vikirani Investments Pvt Ltd ₹6,300.00
- Personal Loans / Advances Given Ayinabathina Ghanashyam Ongole ₹8.00 L
- Personal Loans / Advances Given Balaji Constructions Comapny Pvt Ltd ₹30.36 L
- Personal Loans / Advances Given Balaji Traders Banglore ₹44.42 L
- Personal Loans / Advances Given Enrich Corporation Services Pvt Ltd ₹2.72 L
- Personal Loans / Advances Given Smt M Parvathamma ₹5.75 L
- Personal Loans / Advances Given Shri M Snehalathamma ₹5.75 L
- Personal Loans / Advances Given Shri M Srinivasulu reddy ₹1.49 Cr
- Personal Loans / Advances Given Sri M Sudhakara Reddy ₹20.23 L
- Personal Loans / Advances Given Advance for Vacant Site at Hyderabad ₹10.00 L
- Motor Vehicles Motors Cars ₹12.00 L
Liabilities
- Loans from other than Banks / FIs Loans due to Individual / Entity to Endeavour Estates Pvt Ltd ₹39.15 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Kences Constructions P Ltd ₹21.44 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Magunta Exports ₹9.56 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Mighty Agrotech India LLP ₹2.50 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Pinakini Industries Pvt Ltd ₹6.11 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Raghava Enyterprises Pvt Ltd ₹2.89 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Shcil Service Ltd ₹1.57 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri g Harischandrer Reddy ₹2.50 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri G Harischander Reddy Loan ₹1.70 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri M Vijay Reddy Land ₹2.85 L
- Loans from other than Banks / FIs Loans due to Individual / Entity to Sri N Dasaradharami Reddy ₹2.50 Cr
- Loans from other than Banks / FIs Loans due to Individual / Entity to Vittal Mallaya Ltd ₹3.78 L
Income (ITR)
- 2020-21 ₹99,120.00
- 2019-20 ₹1.07 L
- 2018-19 ₹1.11 L
- 2017-18 ₹63,000.00
- 2016-17 ₹2,070.00
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Lok Sabha General Election 2024 | Ongole | Telugu Desam | won | 701,894 | 49.81% |
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Compiled from public disclosures by the Election Commission of India and MyNeta.