India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #205 Suman Kant Munjal ₹17,900 Cr
- #519 Sunil Kant Munjal ₹6,700 Cr
Revenue · FY 2025
₹822.6 Cr
▲ 18% YoY
Net loss · FY 2025
₹9.23 Cr
Net margin -1.1%
EBITDA · FY 2025
₹24.47 Cr
EBITDA margin 3%
Authorised capital
₹77.5 Cr
Registered with MCA
Paid-up capital
₹36.85 Cr
Issued & subscribed
Satisfied charges
₹113.65 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
58
Provident fund records
About Hero Corporate Service Private Limited
Data last updated:
Hero Corporate Service Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 09 February 1995 and has been in existence for over 31 years.
Its director Suman Kant Munjal is #205 among India's richest people (2026). Its director Sunil Kant Munjal is #519 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC065253. Its GSTIN is 07AAACH1277P1Z9 (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹77.5 Cr and a paid-up capital of ₹36.85 Cr. It was formerly known as Hero Corporate Services Private Limited and Hero Corporate Service Limited. It is led by directors including Shefali Munjal and Bhagwan Das Narang.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 264 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹822.6 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹9.23 Cr (net margin -1.1%) and EBITDA of ₹24.47 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 33% over five years.
The company has about 58 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 3 brands: Hero Steels Limited, Hero Corp and Hero Insurance Broking. As per MCA filings, the company has satisfied charges of ₹113.65 Cr on record. Court records list 26 cases involving the company, including 5 filed by the company and 21 filed against it; 4 cases are pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹150.5 Cr; the latest was in May 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website herocorp.com.
Company details
CIN U74899DL1995PTC065253
Registration Number 065253
Incorporation Date 09 February 1995
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Name history
Hero Corporate Service has undergone 2 name changes throughout its history. The company was previously known as Hero Corporate Services Private Limited, and Hero Corporate Service Limited. The current legal name is Hero Corporate Service Private Limited.
| Company Name | Status |
|---|---|
| Hero Corporate Service Private Limited | Current |
| Hero Corporate Services Private Limited | Previous |
| Hero Corporate Service Limited | Previous |
CIN history
Hero Corporate Service has one previous CIN (Corporate Identification Number): U74899DL1995PLC065253. The current CIN is U74899DL1995PTC065253, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1995PTC065253 | Current |
| U74899DL1995PLC065253 | Previous |
Recognitions & Rankings of Hero Corporate Service
Contact details
Hero Corporate Service Private Limited's registered office is in New Delhi, Delhi. Its website is herocorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address264 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Hero Corporate Service Private Limited, buy the company report.
Comprehensive company report
Hero Corporate Service Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Hero Corporate Service operates multiple associated brands including Hero Steels Limited, Hero Corp, and Hero Insurance Broking. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations are maintained across multiple industries. | herocorp.com | |
| Insurance broking services are provided in India. | heroibil.com | |
| Steel manufacturing and related services are provided by Hero Steels Limited in India. | herosteels.com |
Business activity
The main business activities of Hero Corporate Service are financial and insurance activities and financial and insurance service. In detail, this covers activities auxiliary to financial service and insurance activities and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Hero Corporate Service Private Limited, buy the company report.
Financials of Hero Corporate Service Private Limited
FY 2025 filings availableHero Corporate Service Private Limited reported revenue of ₹822.6 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹822.6 Cr ▲ 18%
Net loss · FY 2025
₹9.23 Cr margin -1.1%
EBITDA · FY 2025
₹24.47 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 61%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 72%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 18% growth in the latest year. EBITDA fell 72% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹822.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hero Corporate Service Private Limited, buy the company report.
Board of directors of Hero Corporate Service Private Limited
Hero Corporate Service has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shefali Munjal | Director | 29 Jun 2007 | 19 Years 4 Months | Current |
| Bhagwan Das Narang Also directs: Ovington Finance Private Limited, Shri Venimadhav Portfolio Private Limited, Karvy Stock Broking Limited and 1 more | Director | 15 Nov 2018 | 7 Years 11 Months | Current |
| Suman Kant Munjal | Director | 20 May 2010 | 16 Years 5 Months | Current |
| Sunil Kant Munjal | Director | 09 Feb 1995 | 31 Years 9 Months | Current |
Auditor
Hero Corporate Service Private Limited is audited by B.D. Bansal & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.D. Bansal & Co. | FY 2025 | 000621N |
Shareholding
The shareholding of Hero Corporate Service Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hero Corporate Service Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹113.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2017 | 100092662 | Others | ₹5 Cr | Satisfied | |
| 28 Dec 2015 | 10613752 | Axis Bank Limited | ₹10 Cr | Satisfied | |
| 11 Oct 2014 | 10526038 | Axis Bank Limited | ₹15 Cr | Satisfied | |
| 18 Sep 2013 | 10453842 | Axis Bank Limited | ₹15 Cr | Satisfied | |
| 31 Aug 2012 | 10374704 | Axis Bank Ltd. | ₹16.5 Cr | Satisfied |
To see the full charge records of Hero Corporate Service Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Hero Corporate Service Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹150.5 Cr; the latest was in May 2018.
Total deals
10
Secondary share transfers
6
Funding rounds
4
Disclosed funding
₹150.5 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Funding round | ₹8 Cr | Investors: Bahadur Chand Investments Private Limited |
| Oct 2014 | Funding round | ₹30 Cr | Investors: Bahadur Chand Investments Private Limited |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: Bahadur Chand Investments Private Limited Seller: Vasco Inc |
| Jan 2013 | Funding round | ₹12 Cr | Investors: Bahadur Chand Investments Private Limited |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: Munjal Acme Packaging Systems Private Limited Seller: Hero Investment Private Limited |
To see the full deal history of Hero Corporate Service Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hero Corporate Service Private Limited has 26 court cases on record: 5 filed by Hero Corporate Service, 21 filed against it. 4 cases are pending and 22 are disposed.
Total cases
26
Filed by the company
5
Filed against the company
21
Pending
4
Disposed
22
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 8 | 2 |
| District courts | 12 | 12 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Rajasthan Urja Vikas Nigam Limited | Disposed |
| High Court | Court case (CMCW) | Filed against the company by Rajasthan Urja Vikas Nigam Limited | Disposed |
| High Court | Court case (SAW) | Filed against the company by Rajasthan Urja Vikas Nigam Limited and 1 other | Disposed |
| High Court of Rajasthan | Court case (WRW) | Filed by the company against Rajasthan Urja Vikas Nigam Limited Through Its Managing Director and 1 other | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan Urja Vikas Nigam Limited Through Its Managing Director and 1 other | Disposed |
To see the full case history of Hero Corporate Service Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Hero Corporate Service Private Limited was last rated by Icra on 17 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Apr 2019 |
To see the full credit ratings and regulatory alerts of Hero Corporate Service Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hero Corporate Service Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hero Corporate Service has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
3
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Hero Insurance Broking India Private Limited | U66010DL2007PTC165059 | |
| Hero Management Service Private Limited | U74140DL2004PTC125438 | |
| Hero Mindmine Institute Private Limited | U80904DL2007PTC163580 |
To see the full group structure of Hero Corporate Service Private Limited, buy the company report.
Employees & EPFO
Hero Corporate Service Private Limited has a workforce of 58 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
13.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 58 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Hero Corporate Service Private Limited, buy the company report.
GST
Hero Corporate Service has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH1277P1Z9 | Delhi | Active | 01 Jul 2017 |
| 08AAACH1277P1Z7 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hero Corporate Service Private Limited, buy the company report.
Recent activity
Hero Corporate Service Private Limited has 18 board changes on record since 1995: 11 appointments and 7 cessations. The latest: Bhagwan Das Narang was appointed as Director on 15 Nov 2018.
AGM
Hero Corporate Service Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Hero Corporate Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 03 Apr 2017 via Charge ID 100092662 with Others was fully satisfied on 19 Jun 2019.
Appointed
Bhagwan Das Narang was appointed as Director.
Ceased
Ajay Shridhar Shriram ceased to be Director.
Charges
A charge registered on 28 Dec 2015 via Charge ID 10613752 with Axis Bank Limited was fully satisfied on 30 Aug 2018.
Charges
A charge registered on 30 Mar 2009 via Charge ID 10157639 with Axis Bank Limited was fully satisfied on 30 Aug 2018.
Ceased
Pradeep Dinodia ceased to be Director.
Ceased
Ashish Lakhotia ceased to be CFO.
Appointed
Ashish Lakhotia was appointed as CFO.
Ceased
Rakesh Kumar ceased to be CFO.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100092662 was registered on 03 Apr 2017.
33 earlier events are in the company report.
News
Frequently asked questions
Hero Corporate Service is an active private limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 09 February 1995 (31+ years old) and is registered under CIN U74899DL1995PTC065253.
Hero Corporate Service has 4 current directors:
- Shefali Munjal - Director
- Bhagwan Das Narang - Director
- Suman Kant Munjal - Director
- Sunil Kant Munjal - Director
The latest financial statements of Hero Corporate Service on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hero Corporate Service is 07AAACH1277P1Z9, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAACH1277P1Z7 (Rajasthan).
The CIN (Corporate Identification Number) of Hero Corporate Service is U74899DL1995PTC065253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hero Corporate Service has 26 court cases on record: 5 filed by the company and 21 filed against it. 4 are pending. Most are in the high courts.
Hero Corporate Service was incorporated on 09 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Hero Corporate Service has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹150.5 Cr; the latest was in May 2018.
Bhagwan Das Narang was appointed as Director on 15 Nov 2018. Ajay Shridhar Shriram ceased to be Director on 30 Sep 2018. Pradeep Dinodia ceased to be Director on 21 May 2018. Hero Corporate Service has 18 board changes on record in total.
Hero Corporate Service can be reached through the website herocorp.com. Its registered office is in New Delhi, Delhi, India.
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