- #519 Sunil Kant Munjal ₹6,700 Cr

About Hero Management Service Private Limited
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Hero Management Service Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hero Corporate Service Private Limited. It operates in the business process outsourcing sector. It was incorporated on 26 March 2004 and has been in existence for over 22 years.
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 U74140DL2004PTC125438. Its GSTIN is 07AABCH4681C2ZS (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹320 Cr and a paid-up capital of ₹110.46 Cr. It was formerly known as Hero Management Service Limited. It is led by directors including Shefali Munjal and Sunil Kant Munjal.
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 ₹52.3 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹69.71 Cr (net margin -133.3%) and EBITDA of -₹67.83 Cr (EBITDA margin -129.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 15% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: HeroBPO and Hero Corp. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹29 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹219.4 Cr; the latest was in May 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website herobpo.com.
Company details
CIN history
Hero Management Service has one previous CIN (Corporate Identification Number): U74140DL2004PLC125438. The current CIN is U74140DL2004PTC125438, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL2004PTC125438 | Current |
| U74140DL2004PLC125438 | Previous |
Recognitions & Rankings of Hero Management Service
Contact details
Hero Management Service Private Limited's registered office is in New Delhi, Delhi. Its website is herobpo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address264 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Hero Management Service Private Limited, buy the company report.
- 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
Brands
Hero Management Service operates two associated brands: HeroBPO and Hero Corp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive outsourced BPO consulting services for businesses. | herobpo.com | |
| Diversified operations are maintained across multiple industries. | herocorp.com |
Financials of Hero Management Service Private Limited
FY 2025 filings availableHero Management Service Private Limited reported revenue of ₹52.3 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 29% growth in the latest year. EBITDA fell 317% 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 |
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| EBITDA | -₹67.83 Cr | ||||
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| Net Profit (PAT) | -₹69.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -129.7% | ||||
| Net Profit Margin | -133.3% | ||||
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To see the full financial statements and ratios of Hero Management Service Private Limited, buy the company report.
Board of directors of Hero Management Service Private Limited
Hero Management Service has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shefali Munjal | Director | 30 Nov 2011 | 14 Years 11 Months | Current |
| Sunil Kant Munjal Also directs: Multiples Private Equity Fund II LLP, Linklight Ventures LLP, Global Ivy Ventures LLP and 5 more | Director | 26 Mar 2004 | 22 Years 7 Months | Current |
| Amit Kumar Aggarwal Also directs: Dreamsmiths Exim Private Limited, BML Investments Private Limited, Hero Homes Finance Private Limited and 5 more | Director | 18 Feb 2022 | 4 Years 8 Months | Current |
| Jogendra Singh Also directs: Hero Steels Limited, BML Investments Private Limited, Hero Homes Finance Private Limited and 5 more | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Hero Management Service Private Limited is audited by B.D. Bansal & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.D. Bansal & Co. | FY 2024 | 000621N |
Shareholding
The shareholding of Hero Management Service Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hero Management Service Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2013 | 10434892 | Others | ₹50 Lakh | Satisfied | |
| 19 Nov 2008 | 10133273 | The Hongkong and Shanghai Banking Corporation Limited | ₹24 Cr | Satisfied | |
| 04 May 2006 | 10006633 | Icici Bank Limited | ₹4.5 Cr | Satisfied |
To see the full charge records of Hero Management Service Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Hero Management Service Private Limited has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹219.4 Cr; the latest was in May 2017.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Funding round | ₹22 Cr | Investors: Hero Corporate Service Private Limited |
| Aug 2016 | Acquisition | Undisclosed | Buyer: Hero Enterprise Partner Ventures Seller: Bahadur Chand Investments Private Limited , 3 individuals |
| Mar 2014 | Funding round | ₹1.7 Cr | Investors: Bahadur Chand Investments Private Limited |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: Bahadur Chand Investments Private Limited Seller: Vasco Inc |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: Bahadur Chand Investments Private Limited Seller: Hero Investments Private Limited |
To see the full deal history of Hero Management 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 Management Service Private Limited has 5 court cases on record: 2 filed by Hero Management Service, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Godaddy India Web Services Pvt. Ltd. & Anr | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Ms Citycom Networks Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against Connectivity Solutions | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Connectivity Solutions | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by an individual | Disposed |
To see the full case history of Hero Management 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hero Management Service Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hero Management Service Private Limited has a workforce of 7 employees on its EPFO records as of Feb 19, 2025, across 1 active EPFO establishment.
GST
Hero Management Service has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCH4681C2ZS | Delhi | Active | 22 Mar 2024 |
| 06AABCH4681C1ZV | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hero Management Service Private Limited, buy the company report.
Recent activity
Hero Management Service Private Limited has 16 board changes on record since 2004: 4 appointments and 12 cessations. The latest: Amit Kumar Aggarwal ceased to be Additional Director on 22 Sep 2022.
14 earlier events are in the company report.
Frequently asked questions
Hero Management Service is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 26 March 2004 (22+ years old) and is registered under CIN U74140DL2004PTC125438.
Hero Management Service has 4 current directors:
- Shefali Munjal - Director
- Sunil Kant Munjal - Director
- Amit Kumar Aggarwal - Director
- Jogendra Singh - Director
The latest financial statements of Hero Management 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 Management Service is 07AABCH4681C2ZS, 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 06AABCH4681C1ZV (Haryana).
The CIN (Corporate Identification Number) of Hero Management Service is U74140DL2004PTC125438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hero Management Service has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Hero Management Service was incorporated on 26 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Hero Management Service has 15 deals on record (9 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹219.4 Cr; the latest was in May 2017.
Amit Kumar Aggarwal ceased to be Additional Director on 22 Sep 2022. Amit Kumar Aggarwal was appointed as Director on 18 Feb 2022. Jogendra Singh ceased to be Additional Director on 18 Nov 2020. Hero Management Service has 16 board changes on record in total.
Hero Management Service can be reached through the website herobpo.com. Its registered office is in New Delhi, Delhi, India.

