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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 153.99 Cr
  • Satisfied Charges ₹ 44.50 Cr
  • Revenue Growth **** 22.96%
  • Profit Growth **** -30.45%
  • Ebitda **** -6.37%
  • Net Worth 3.14%
  • Total Assets **** 2.24%
Company report

Hero Ecotech Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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.

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Who are the key members and board of directors at Hero Ecotech Limited?
Current Directors
Name Designation Appointment Date Status
Anil Kumar Director 30 Sep 2018 Current
Harish Bhatt Director 16 Feb 2017 Current
Gaurav Munjal Managing Director 06 Nov 2008 Current
Vijay Munjal Director 06 Nov 2008 Current
Shivom Munjal Director 06 Aug 2024 Current
Samita Munjal Director 30 Sep 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Nov 2016 Past
Pramod Abcsdd Director 31 Dec 2020 Past
Pramod Abcsdd Director 04 Apr 2018 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Hero Ecotech.

Hero Ecotech Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 22.96% increase. The company also saw a substantial fall in profitability, with a 30.45% decrease in profit. The company's net worth moved up by a moderate rise of 3.14%.

Hero Ecotech revenue growth over time
Hero Ecotech profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 22.96%
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*******
*******
*******
Revenue from Operations
*******
 22.95%
*******
*******
*******
*******
Total Assets
*******
 2.24%
*******
*******
*******
*******
Profit or Loss
*******
 -30.45%
*******
*******
*******
*******
Net Worth
*******
 3.14%
*******
*******
*******
*******
EBITDA
*******
 -6.37%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hero Ecotech?

In 2024, 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
30 Jan 2024 Bank Of India ₹1.30 Cr Open
22 Mar 2023 Hdfc Bank Limited ₹47.00 Cr Open
21 Aug 2021 Hdfc Bank Limited ₹1.90 M Open
20 Mar 2020 Axis Bank Limited ₹4.95 M Open
21 Jun 2016 Hdfc Bank Limited ₹60.00 Cr Open

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How Many Employees Work at Hero Ecotech?

Hero Ecotech has a workforce of 514 employees as of Sep 24, 2025. 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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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

    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 recorded as a recent event.

  • Director Appointment

    The activity 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 6 months . was completed.

  • 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

    Progress on A charge registered on 22 Jan 2021 via Charge ID 100414762 with Axis Bank Limited was fully satisfied on 18 Mar 2024. was documented.

  • Charges

    The activity A charge registered on 07 May 2019 via Charge ID 100259993 with Others was fully satisfied on 20 Feb 2024. was completed.

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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.

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