Hero Financial Services Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 38 Year, 17 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.17 Cr
- Satisfied Charges ₹ 11.60 Cr
- Revenue Growth %
- Profit Growth 38.68%
- Ebitda 23.87%
- Net Worth -1.18%
- Total Assets -1.40%
About Hero Financial Services
Hero Financial Services Private Limited (HFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 January 1987 and has a history of 38 years. Its registered office is in Gurugram, Haryana, India.
The Corporate was formerly known as Hero Financial Services Limited. The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹8.17 Cr. The company has closed loans amounting to ₹11.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Munish Garg and Aditya Munjal serve as directors at the Company.
Company Details
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Location
Gurugram, Haryana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74140HR1987PTC074085
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Company No.
074085
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Jan 1987
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Hero Financial Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Munish Garg
|
Director | 19-Sep-2023 | Current |
|
Aditya Munjal
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Director | 30-Apr-2015 | Current |
Financial Performance of Hero Financial Services.
Hero Financial Services Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 38.68% increase in profit. The company's net worth dipped by a decrease of 1.18%.
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What is the Ownership and Shareholding Structure of Hero Financial Services?
In 2019, Hero Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hero Cycles LimitedAditya Munjal is a mutual person
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Lectro E-Mobility Private LimitedAditya Munjal is a mutual person
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Hero Global Design Private LimitedAditya Munjal is a mutual person
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Firefox Bikes Private LimitedAditya Munjal is a mutual person
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Hawk Cycles Private LimitedMunish Garg is a mutual person
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Hero Transmission Private Limited
Aditya Munjal is a mutual person
Charges (Loans)
₹8.17 Cr
₹11.60 Cr
Charges Breakdown by Lending Institutions
- Uti Bank Ltd : 3.00 Cr
- Associates India Financial Services Private Ltd : 2.92 Cr
- Chola Mandolam Investment & Finance Co. Ltd : 2.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2001 | Associates India Financial Services Private Ltd | ₹3.62 M | Open |
| 04 Oct 2001 | Uti Bank Ltd | ₹3.00 Cr | Open |
| 25 Jul 2001 | Chola Mandolam Investment & Finance Co. Ltd | ₹2.25 Cr | Open |
| 05 Jan 2001 | Associates India Financial Services Private Ltd | ₹1.06 Cr | Open |
| 16 Mar 2000 | Associates India Financial Services Private Ltd | ₹1.50 Cr | Open |
How Many Employees Work at Hero Financial Services?
Hero Financial Services has a workforce of 0 employees as of Apr 09, 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 Financial Services, 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 Financial Services'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.
