Hero Electric Vehicles Profile
Key Indicators
- Authorised Capital ₹ 76.50 Cr
- Paid Up Capital ₹ 68.82 Cr
- Company Age 14 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 519.00 Cr
- Satisfied Charges ₹ 273.00 Cr
- Revenue Growth 16.55%
- Profit Growth -289.19%
- Ebitda -297.46%
- Net Worth -38.09%
- Total Assets 59.89%
About Hero Electric Vehicles
Hero Electric Vehicles Private Limited (HEVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 2010 and has a history of 14 years and six months. Its registered office is in Delhi, India.
The Corporate was formerly known as Hero Eco Vehicles Private Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 76.50 Cr and a paid-up capital of Rs 68.82 Cr.
The company currently has active open charges totaling ₹519.00 Cr. The company has closed loans amounting to ₹273.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hero Electric Vehicles Private Limited India is Sohinder Singh as CEO. Naveen Munjal and Rupa Ghosh serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34200DL2010PTC206520
- Company No.
206520
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jul 2010
- Date of AGM
23 Apr 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Hero Electric Vehicles Private Limited offer?
Hero Electric Vehicles Private Limited offers a wide range of products and services, including Scooter, Hero Scooter, E Vehicles, Electric Two Wheelers, Parts And Kits, Brakes & Braking Systems, Motorcycle Brake Part, Brake Parts.
Who are the key members and board of directors at Hero Electric Vehicles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naveen Munjal  | Managing Director | 31-Jul-2010 | Current |
| Sohinder Singh | CEO | 11-Aug-2022 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rupa Ghosh | Director | 03-Sep-2024 | Current |
Financial Performance of Hero Electric Vehicles.
Hero Electric Vehicles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.55% increase. The company also saw a substantial fall in profitability, with a 289.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hero Electric Vehicles?
In 2023, Hero Electric Vehicles had a promoter holding of 80.40% and a public holding of 19.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹519.00 Cr
₹273.00 Cr
Charges Breakdown by Lending Institutions
- Others : 373.00 Cr
- Hdfc Bank Limited : 96.00 Cr
- The South Indian Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2022 | Others | ₹10.00 Cr | Open |
| 23 Dec 2022 | Others | ₹11.00 Cr | Open |
| 15 Jul 2022 | Others | ₹130.00 Cr | Open |
| 30 Mar 2022 | The South Indian Bank Limited | ₹50.00 Cr | Open |
| 29 Mar 2022 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Hero Electric Vehicles?
Hero Electric Vehicles has a workforce of 342 employees as of Dec 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hero Electric Vehicles, 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 Electric Vehicles'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.
