Hero Products India Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bhivandi, Maharashtra, India, established in 1998.
1998 Bhivandi, Maharashtra, India Active
Last Updated:
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About Hero Products India Private Limited

Hero Products India Private Limited, a active private limited company, was established on 18 March 1998 in Bhivandi, Maharashtra, India. Engaging in industrial machinery retail & distribution within the manufacturing sector, it holds CIN: U28920MH1998PTC114043. Registered under ROC Roc Mumbai Ii. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.81 M.

Formerly known as Eco Color Systems (India) Private Limited. It upholds a active non-compliant status. Employing 8 professional, Its leadership includes Alessandro Sacchet (Director), Gabriele Rinero (Director), Gaurav Wahal (Director). Past directors included Sunil Wadhawan, Narendra Raosaheb Mhamunkar, Alessandro Sacchet. It holds ₹5.50 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Gala No. P1 & P2 Shree Rajlaxmi High Tech Textile Sonale Village, Bhivandi, Maharashtra, 421302.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U28920MH1998PTC114043

  • Registration Number

    114043

  • Incorporation Date

    18 March 1998

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.81 M

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.81 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 5.50 Cr
  • Revenue Growth **** -11.21%
  • Profit Growth **** 35.49%
  • Ebitda **** 35.50%
  • Net Worth -17.66%
  • Total Assets **** 1.62%
Company report

Hero Products India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hero Products India Private 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 Products India Private Limited?
Current Directors
Name Designation Appointment Date Status
Alessandro Sacchet Director 15 Mar 2016 Current
Gabriele Rinero Director 15 Mar 2016 Current
Gaurav Wahal Director 15 Jun 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 14 Jun 2016 Past
Pramod Abcsdd Director 03 Feb 2016 Past
Pramod Abcsdd Additional Director 30 Dec 2016 Past
Pramod Abcsdd Additional Director 30 Dec 2016 Past
Pramod Abcsdd Additional Director 30 Dec 2016 Past
Pramod Abcsdd Director 03 Feb 2016 Past

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Financial Performance of Hero Products India.

Hero Products India Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 11.21% decrease. The company also saw a substantial improvement in profitability, with a 35.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.66%.

Hero Products India revenue growth over time
Hero Products India 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
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 -11.21%
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*******
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Revenue from Operations
*******
 -10.94%
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*******
*******
*******
Total Assets
*******
 1.62%
*******
*******
*******
*******
Profit or Loss
*******
 35.49%
*******
*******
*******
*******
Net Worth
*******
 -17.66%
*******
*******
*******
*******
EBITDA
*******
 35.50%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hero Products India?

In 2018, Hero Products India 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

₹55,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Citi Bank N.A. : 3.00 Cr
  • Punjab National Bank : 2.50 Cr
Latest Charge Details
Date Lender Amount Status
22 May 2014 Citi Bank N.A. ₹3.00 Cr Open
28 Feb 2008 Punjab National Bank ₹2.50 Cr Open

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How Many Employees Work at Hero Products India?

Hero Products India has a workforce of 8 employees as of Mar 31, 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 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 Products India, 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 Products India'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 Products India
Recent Activity within the Organization
  • Annual General Meeting

    Hero Products India Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Hero Products India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai Ii. was completed.

  • Director Appointment

    Gaurav Wahal was appointed as a Director was appointed as a Director on 15 Jun 2016 & has been associated with this company since 9 years 8 months . was recorded as a recent event.

  • Director Appointment

    Progress on Alessandro Sacchet was appointed as a Director was appointed as a Director on 15 Mar 2016 & has been associated with this company since 9 years 11 months . was documented.

  • Director Appointment

    Gabriele Rinero was appointed as a Director was appointed as a Director on 15 Mar 2016 & has been associated with this company since 9 years 11 months . was recorded as a recent event.

  • Charges

    The activity A charge with Citi Bank N.A. amounted to Rs. 3.00 Cr with Charge ID 10511284 was registered on 22 May 2014. was completed.

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Frequently Asked Questions
What is the CIN of Hero Products India Private Limited?

The CIN of Hero Products India Private Limited is U28920MH1998PTC114043.

Where is Hero Products India Private Limited headquartered?

Hero Products India Private Limited is headquartered at Gala No. P1 & P2 Shree Rajlaxmi High Tech Textile Sonale Village, Bhivandi, Maharashtra, 421302.

When was Hero Products India Private Limited incorporated?

Hero Products India Private Limited was incorporated on 18 March 1998.

Who are the current directors of Hero Products India Private Limited?

The current directors of Hero Products India Private Limited are

What is the primary industry of Hero Products India Private Limited?

The primary industry of Hero Products India Private Limited is Manufacturing.

Is Hero Products India Private Limited a listed company?

Hero Products India Private Limited is unlisted.

What is the capital structure of Hero Products India Private Limited?

The authorized capital of Hero Products India Private Limited is ₹1.00 Cr, and the paid-up capital is ₹3.81 M.

What is the compliance status of Hero Products India Private Limited?

The compliance status of Hero Products India Private Limited is Active Non-Compliant.

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