About Hmc E-Valley Private Limited
Data last updated: 07 February 2026
Hmc E-Valley Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Hero Cycles Limited. It specialises in bicycle mfg and retail, a part of the broader automotive sector. Incorporated on 22 January 2020, the company has been in operation for over 6 years.
Registered with ROC Chandigarh under CIN U35911PB2020PTC050642.
Capital: an authorised share capital of ₹370 Cr and a paid-up capital of ₹345 Cr. Formerly known as Hero E-Cycles Private Limited. It is led by directors including Pankaj Munjal and Amit Gupta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Hero Nagar G.T. Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹129.03 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 453 employees as per the latest available data. It operates as a subsidiary of Hero Cycles Limited.
As per MCA filings, the company has open charges of ₹300.5 Cr and satisfied charges of ₹336.94 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website herocycles.com.
-
EmailLocked
-
TelephoneLocked
-
WebsiteLocked
-
Social Media
-
Registered AddressHero Nagar G.T. Road, Ludhiana, Punjab, India – 141003
-
IndustryAutomotive, Bicycle Mfg & Retail
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Hmc E-Valley Private Limited
Hmc E-Valley Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details for Hmc E-Valley Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Hmc E-Valley Private Limited
Hmc E-Valley Private Limited is audited by B D Bansal & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B D Bansal & Co | Locked | Locked | Locked |
Complete auditor history for Hmc E-Valley Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hmc E-Valley Private Limited
Hmc E-Valley Private Limited is currently managed by 5 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Pankaj Munjal
Also directs:
Hero Motors Limited, Munjal Kiriu Industries Private Limited, Zf Hero Chassis Systems Private Limited and 5 more
|
Director | 22 Jan 2020 | 6 Years 5 Months | Current |
|
Amit Gupta
Also directs:
Hero Motors Limited, Munjal Kiriu Industries Private Limited, Zf Hero Chassis Systems Private Limited and 5 more
|
Director | 22 Jan 2020 | 6 Years 5 Months | Current |
|
Aditya Munjal
Also directs:
Hero Cycles Limited, Ut Bikes Private Limited, Firefox Bikes Private Limited and 5 more
|
Whole-Time Director | 30 Jul 2020 | 5 Years 11 Months | Current |
| Ashok Kumar Taneja | Additional Director | 02 Sep 2024 | 1 Years 10 Months | Current |
|
Abhishek Munjal
Also directs:
Hero Motors Limited, Zf Hero Chassis Systems Private Limited, Hero Cycles Limited and 5 more
|
Director | 30 Jul 2020 | 5 Years 11 Months | Current |
Financials of Hmc E-Valley Private Limited FY 2025 filings available
Hmc E-Valley Private Limited reported revenue of ₹129.03 Cr (up 3.00% YoY) for FY 2025.
Ten-year financial statements for Hmc E-Valley Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Hmc E-Valley Private Limited
Shareholding and ownership data for Hmc E-Valley Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hmc E-Valley Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2024 | Sbicap Trustee Company Limited | ₹128 Cr | Open |
| 05 Sep 2024 | Others | ₹157.5 Cr | Open |
| 21 Jul 2022 | Others | ₹15 Cr | Open |
| 03 Jun 2022 | Others | ₹75 Cr | Satisfied |
| 08 Mar 2022 | Others | ₹49 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Hmc E-Valley Private Limited
Hmc E-Valley Private Limited has a workforce of 453 employees as of Apr 06, 2024.
Employee and EPFO history for Hmc E-Valley Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Hmc E-Valley Private Limited
GST registrations and filing compliance for Hmc E-Valley Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Hmc E-Valley Private Limited
Credit ratings, litigation, and regulatory alerts for Hmc E-Valley Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hmc E-Valley Private Limited
MSME payment history for Hmc E-Valley Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hmc E-Valley Private Limited
Corporate group structure for Hmc E-Valley Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hmc E-Valley Private Limited
MCA filings and documents for Hmc E-Valley Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Hmc E-Valley Private Limited
Frequently Asked Questions about Hmc E-Valley Private Limited
Hmc E-Valley Private Limited is an active private limited company in the automotive sector based in Ludhiana, Punjab, India. It was incorporated on 22 January 2020 (6+ years old) and is registered under CIN U35911PB2020PTC050642. The company has 453 employees.
Hmc E-Valley Private Limited reported revenue of ₹129.03 Cr for FY 2025 (up 3.00% YoY).
The current directors of Hmc E-Valley Private Limited are:
- Pankaj Munjal - Director
- Amit Gupta - Director
- Aditya Munjal - Whole-Time Director
- Ashok Kumar Taneja - Additional Director
- Abhishek Munjal - Director
The primary industry of Hmc E-Valley Private Limited is automotive. The company specifically operates in bicycle mfg and retail. The company is currently active in this sector.
Hmc E-Valley Private Limited can be reached at the registered office: Hero Nagar G.T. Road, Ludhiana, Punjab, India – 141003, or through the website herocycles.com.
The authorised capital is ₹370 Cr, and the paid-up capital is ₹345 Cr.