Hero Ecotech Limited Company Logo

Hero Ecotech Limited - Company Profile

It is a automotive public limited company based in Village Mangli, Punjab, India, established in 2008.

2008 | Village Mangli, Punjab, India | Active
Last Updated:

About Hero Ecotech Limited

Hero Ecotech Limited, a active public limited company, was established on 06 November 2008 in Village Mangli, Punjab, India. Engaging in bicycle mfg & retail within the manufacturing sector, it holds CIN: U35900PB2008PLC034755. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a compliant status. Employing 514 professional, Its leadership includes Anil Kumar (Director), Harish Bhatt (Director), Gaurav Munjal (Managing Director). Past directors included Vinod Kumar Goyal, Gaurav Munjal, Vijay Kumar Gupta. It holds ₹153.99 Cr open charges and ₹44.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Phase Viii, Focal Point, Village Mangli, Punjab, 141010.

Company Details

  • CIN/LLPIN

    U35900PB2008PLC034755

  • Registration Number

    034755

  • Incorporation Date

    06 November 2008

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 17 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 153.99 Cr
  • Satisfied Charges ₹ 44.50 Cr
  • Revenue Growth -24.47%
  • Profit Growth -72.50%
  • Ebitda -59.46%
  • Net Worth 4.72%
  • Total Assets 19.37%
Company report

Hero Ecotech Limited

Company Report FY 2025-2026

Explore comprehensive insights into Hero Ecotech Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Hero Ecotech Limited?

Current Directors

NameDesignationAppointment DateStatus
Anil KumarDirector30 Sep 2018Current
Harish BhattDirector16 Feb 2017Current
Gaurav MunjalManaging Director06 Nov 2008Current
Vijay MunjalDirector06 Nov 2008Current
Shivom MunjalDirector06 Aug 2024Current
Samita MunjalDirector30 Sep 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector22 Nov 2016Past
Pramod AbcsddDirector31 Dec 2020Past
Pramod AbcsddDirector04 Apr 2018Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary-Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Hero Ecotech.

Hero Ecotech Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.47% decrease. The company also saw a substantial fall in profitability, with a 72.5% decrease in profit. The company's net worth moved up by a moderate rise of 4.72%.

Hero Ecotech revenue growth over time
Hero Ecotech profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-24.47%
Revenue from Operations
-24.17%
Total Assets
19.37%
Profit or Loss
-72.50%
Net Worth
4.72%
EBITDA
-59.46%

What is the Ownership and Shareholding Structure of Hero Ecotech?

In 2023, Hero Ecotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹1,539,851,000.00

Satisfied Charges

₹445,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 107.19 Cr
  • State Bank Of India : 45.00 Cr
  • Bank Of India : 1.30 Cr
  • Axis Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2024Bank Of India₹1.30 CrOpen
22 Mar 2023Hdfc Bank Limited₹47.00 CrOpen
21 Aug 2021Hdfc Bank Limited₹1.90 MOpen
20 Mar 2020Axis Bank Limited₹4.95 MOpen
21 Jun 2016Hdfc Bank Limited₹60.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Hero Ecotech?

Hero Ecotech has a workforce of 514 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hero Ecotech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hero Ecotech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hero Ecotech's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hero Ecotech

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Hero Ecotech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 21 Jun 2016 with Charge ID 100040076 was modified on 19 Sep 2024. was documented.

  • Director Appointment

    Progress on Shivom Munjal was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Balance Sheet

    The activity Hero Ecotech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Charges

    A charge registered on 22 Jan 2021 via Charge ID 100414762 with Axis Bank Limited was fully satisfied on 18 Mar 2024. was recorded as a recent event.

  • Charges

    A charge registered on 07 May 2019 via Charge ID 100259993 with Others was fully satisfied on 20 Feb 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Hero Ecotech Limited?

    The CIN of Hero Ecotech Limited is U35900PB2008PLC034755.

  • Where is Hero Ecotech Limited headquartered?

    Hero Ecotech Limited is headquartered at Phase Viii, Focal Point, Village Mangli, Punjab, 141010.

  • When was Hero Ecotech Limited incorporated?

    Hero Ecotech Limited was incorporated on 06 November 2008.

  • Who are the current directors of Hero Ecotech Limited?

    The current directors of Hero Ecotech Limited are

  • What is the primary industry of Hero Ecotech Limited?

    The primary industry of Hero Ecotech Limited is Manufacturing.

  • Is Hero Ecotech Limited a listed company?

    Hero Ecotech Limited is unlisted.

  • What is the capital structure of Hero Ecotech Limited?

    The authorized capital of Hero Ecotech Limited is ₹5.00 Cr, and the paid-up capital is ₹5.00 Cr.

  • What is the compliance status of Hero Ecotech Limited?

    The compliance status of Hero Ecotech Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial