About Herox Private Limited
Data last updated:
Herox Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the elearning and digital education segment of the education sector. It was incorporated on 21 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U80902DL2020PTC373493. Its GSTIN is 07AAFCH5470B1ZU (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Akshay Munjal (Whole-Time Director) and Suman Kant Munjal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 2 Lado Sarai Institutional Area, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.1 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹28.62 Cr (net margin -129.5%) and EBITDA of -₹24.57 Cr (EBITDA margin -111.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The company has about 198 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hero Vired. As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹145 Cr; the latest was in April 2022. Its 10 peer companies in the Education industry (E Learning) are compared by revenue, 5 larger and 5 smaller; the largest is Malodia Business Coaching Private Limited with revenue of ₹23.01 Cr. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 7 overdue payments to 2 micro and small suppliers.
For more details, the company can be reached via its website herovired.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 2 Lado Sarai Institutional Area, New Delhi, Delhi, India – 110030
- IndustryEducation, eLearning & Digital Education
- 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
- One PDF report, delivered after checkout
Business Activity of Herox Private Limited
The main business activity of Herox is education. In detail, this covers higher education, technical & vocational education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Herox Private Limited FY 2025 filings available
Herox Private Limited reported revenue of ₹22.1 Cr (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Herox Private Limited
Revenue fell 48% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 30%. 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 of Herox Private Limited
| 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 | ₹22.1 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹24.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28.62 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 of Herox Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -111.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -129.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Herox are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Herox Private Limited
Herox Private Limited is compared with the companies closest to it by revenue in the Education industry (E Learning). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malodia Business Coaching Private Limited | ₹23.01 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Jaipur, Rajasthan, India |
| Excel Group Private Limited | ₹22.72 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | South Extension, Delhi, India |
| Nist Global Private Limited | ₹22.62 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Bytexl Teched Private Limited | ₹22.37 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Infonative Solutions Limited | ₹22.19 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Herox Private Limited this company | ₹22.1 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | New Delhi, Delhi, India |
| Iberry Solutions Private Limited | ₹20.93 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Gmc, Assam, India |
| Tutopia Private Limited | ₹20.8 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
| Brightchamps Tech Private Limited | ₹20.61 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
| Upthink Edutech Services Private Limited | ₹20 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Forever Books Private Limited | ₹18.96 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Herox by revenue in the Education industry (E Learning), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Herox Private Limited
Herox Private Limited is audited by Sushil Singh & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sushil Singh & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Herox Private Limited
Herox has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Munjal Also directs: Spares Superhero Private Limited, BML Educorp Services, Hero Education Private Limited and 5 more | Whole-Time Director | 21 Nov 2020 | 5 Years 10 Months | Current |
| Suman Kant Munjal | Director | 21 Nov 2020 | 5 Years 10 Months | Current |
| Prakhar Kasar | Director | 05 Sep 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Herox Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Herox Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2026 | Others | ₹10 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Herox Private Limited
Herox Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹145 Cr; the latest was in April 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹75 Cr | Investors: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Pawan Munjal Family Office Seller: Survam Partners |
| Oct 2021 | Funding round | ₹25 Cr | Investors: Survam Partners |
| Dec 2020 | Funding round | ₹45 Cr | Investors: Bhadur Chand Investment Private Limited, Survam Partners, Pawan Munjal Family Office |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Herox Private Limited
Herox Private Limited has 3 court cases on record: 2 filed by Herox, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Herox Private Limited
Herox Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Naveen Printers | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Herox Private Limited
Herox operates one associated brand: Hero Vired. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of online certification courses and programs for professional development | herovired.com |
Employees and EPFO Compliance at Herox Private Limited
Herox Private Limited has a workforce of 198 employees as of Apr 03, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Herox Private Limited
Herox has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
News related to Herox Private Limited
Recent Activity on Herox Private Limited
Herox Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Prakhar Kasar ceased to be Additional Director on 25 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Herox Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Herox Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Herox Private Limited
Herox has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCH5470B1ZU | Delhi | Active | 16 Dec 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Herox Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Herox Private Limited
Herox is an active private limited company based in New Delhi, Delhi, India. The company works in elearning and digital education, within the education industry. It was incorporated on 21 November 2020 (6+ years old) and is registered under CIN U80902DL2020PTC373493.
Herox reported revenue of ₹22.1 Cr for FY 2025 (down 48% YoY).
Herox has 3 current directors:
- Akshay Munjal - Whole-Time Director
- Suman Kant Munjal - Director
- Prakhar Kasar - Director
Herox reported a net loss of ₹28.62 Cr (net margin -129.5%) and EBITDA of -₹24.57 Cr (EBITDA margin -111.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Herox is 30% over three years. In the latest year (FY 2025) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Herox is 07AAFCH5470B1ZU, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Herox is U80902DL2020PTC373493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Herox has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Herox was incorporated on 21 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Herox has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹145 Cr; the latest was in April 2022.
The peers of Herox by revenue are Malodia Business Coaching Private Limited, Excel Group Private Limited, Nist Global Private Limited, Bytexl Teched Private Limited, Infonative Solutions Limited and 5 more, all in the Education industry (E Learning).
Prakhar Kasar ceased to be Additional Director on 25 Sep 2024. Prakhar Kasar was appointed as Director on 05 Sep 2024. Akshay Munjal ceased to be Director on 01 Jan 2021. Herox has 5 board changes on record in total.