

Hercules Hoists Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.20 Cr
- Company Age 62 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 62.83 Cr
- Revenue Growth 35.38%
- Profit Growth 591.48%
- Ebitda 142.90%
- Net Worth 14.16%
- Total Assets 13.94%
About Hercules Hoists
Hercules Hoists Limited (HHL) was founded in India on 15 June 1962 and has a glorious history of 62 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505720 and on the National Stock Exchange(NSE) under HERCULES.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.20 Cr.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹62.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hercules Hoists Limited India are Siddhesh Gokhale as CFO and Meeta Khalsa as Company Secretary. Hariprasad Nevatia, Jayavanth Mallya, Neelima Swamy, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Hercules Hoists Limited offer?
Hercules Hoists Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane Spare Parts, Overhead Crane, HOT Cranes, Technology Support Services, Technical Support Service, Home Appliances Repair & Maintenance, Overhauling Service, Process Control Systems & Equipments, Weighing Controller.
Who are the key members and board of directors at Hercules Hoists?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Siddhesh Gokhale | CFO | 09-Oct-2024 | Current |
Meeta Khalsa | Company Secretary | 09-Oct-2024 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Hariprasad Nevatia ![]() | Whole-Time Director | 22-Nov-2008 | Current |
Jayavanth Mallya ![]() | Director | 11-Jul-2023 | Current |
Neelima Swamy ![]() | Director | 11-Jul-2023 | Current |
Girija Balakrishnan ![]() | Director | 27-May-2024 | Current |
Vandan Shah ![]() | Director | 06-Feb-2016 | Current |
Shekhar Bajaj ![]() | Director | 12-Dec-1989 | Current |
Financial Performance of Hercules Hoists.
Hercules Hoists Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.38% increase. The company also saw a substantial improvement in profitability, with a 591.48% increase in profit. The company's net worth Soared by an impressive increase of 14.16%.


- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Hercules Hoists?
In 2022, Hercules Hoists had a promoter holding of 69.61% and a public holding of 30.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Vandan Shah is a mutual person
- Sipra Services And Investments Pvt Ltd
Vandan Shah is a mutual person
- Hindustan Housing Company Limited
Jayavanth Mallya is a mutual person
- Hind Musafir Agency Limited
Neelima Swamy and Shekhar Bajaj are mutual person
- Gfl Limited
Girija Balakrishnan is a mutual person
Charges (Loans)
₹10.00 Cr
₹62.83 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
25 May 2015 | Hdfc Bank Limited | ₹10.00 Cr | Open |
11 Mar 2013 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
19 Jun 2008 | Bank Of Maharashtra | ₹13.50 Cr | Satisfied |
07 Jun 2006 | Bank Of Maharashtra | ₹9.00 Cr | Satisfied |
18 Jan 2006 | Rabo India Finance Pvt . Ltd. | ₹8.75 Cr | Satisfied |
How Many Employees Work at Hercules Hoists?
Hercules Hoists has a workforce of 182 employees as of Apr 08, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Hercules Hoists, 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 Hercules Hoists's trajectory.
Rating

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

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.
Latest Updates, News, and FAQs on Hercules Hoists
Recent activity within the organization
- Director Appointment
Siddhesh Vilas Gokhale was appointed as a Cfo was appointed as a Cfo on 09 Oct 2024 & has been associated with this company since 5 months 10 days .
- Director Appointment
Meeta Khalsa was appointed as a Company Secretary was appointed as a Company Secretary on 09 Oct 2024 & has been associated with this company since 5 months 10 days .
- Annual General Meeting
Hercules Hoists Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.
- Director Appointment
Girija Balakrishnan was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 9 months 23 days .
- Balance Sheet
Hercules Hoists Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Jayavanth Kallianpur Mallya was appointed as a Director was appointed as a Director on 11 Jul 2023 & has been associated with this company since 1 year 8 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Hercules Hoists Limited?
Hercules Hoists Limited was incorporated on 15 Jun 1962.
What is authorized share capital and paid-up capital of Hercules Hoists Limited?
The authorized share capital of Hercules Hoists Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.20 Cr.
Who are the current board members & directors of Hercules Hoists Limited?
Currently 8 directors are associated with Hercules Hoists Limited.
- Hariprasad Anandkishore Nevatia
- Jayavanth Kallianpur Mallya
- Neelima Aditya Bajaj Swamy
- Girija Balakrishnan
- Siddhesh Vilas Gokhale
- Meeta Khalsa
- Vandan Sitaram Shah
- Shekhar Bajaj
What is the registered address of Hercules Hoists Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hercules Hoists Limited is Bajaj Bhawan 2Nd Floor 226 Jamnalal Marg, Nariman Point India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Hercules Hoists Limited?
The corporate identification number (CIN) of Hercules Hoists Limited is L45400MH1962PLC012385 and the company number is 012385 as per Ministry of Corporate Affairs (MCA).
Is Hercules Hoists Limited registered with any stock exchange in India?
Yes, Hercules Hoists Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HERCULES.
What is the official website of Hercules Hoists Limited?
The Official website of Hercules Hoists Limited is https://www.indef.com
What has been the recent revenue trend for Hercules Hoists Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hercules Hoists Limited has risen by 35.38%.
How many employees does Hercules Hoists Limited currently have?
As Per 2023 financial reports, 182 employees are currently employed by Hercules Hoists Limited.
What change has been observed in the net worth of Hercules Hoists Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hercules Hoists Limited has experienced an upsurge of 14.16%.
What are the total open charges for Hercules Hoists Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hercules Hoists Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Hercules Hoists Limited filed with the ROC?
The most recent Balance Sheet for Hercules Hoists Limited was filed with the ROC on 31 Mar 2024.
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