Hero Housing Finance Limited

Provides housing finance services in multiple states through a subsidiary of a larger company.

2016 | Delhi (India) | Active
Last Updated: November 16, 2024

Hero Housing Finance Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 629.81 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6,900.00 Cr
  • Satisfied Charges ₹ 308.00 Cr
  • Revenue Growth 34.93%
  • Profit Growth 981.21%
  • Ebitda 36.15%
  • Net Worth 75.73%
  • Total Assets 34.63%

About Hero Housing Finance

Hero Housing Finance Limited (HHFL) is a Public Limited Indian Non-Government Company incorporated in India on 16 June 2016 (Eight years and seven months 16 days old ). Its registered office is in Delhi, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 629.81 Cr.

The company currently has active open charges totaling ₹6,900.00 Cr. The company has closed loans amounting to ₹308.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hero Housing Finance Limited India are Apul Nayyar as Ceo, Suruchi Jassi as Company Secretary, and Dhoop Mittal as Cfo. Renu Munjal, Nagesh Pinge, Rahul Munjal, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65192DL2016PLC301481

  • Company No.

    301481

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2016

  • Date of AGM

    20 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Hero Housing Finance?

Executive Team (4)

NameDesignationAppointment DateStatus
Apul Nayyar Country flag representing In CEO06-Dec-2019Current
Abhimanyu Munjal Country flag representing In Managing Director16-Jun-2016Current
Suruchi Jassi Company Secretary23-Jan-2023Current
Dhoop Mittal CFO10-Sep-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Renu Munjal Country flag representing In Director 16-Jun-2016Current
Rahul Munjal Country flag representing In Director 16-Jun-2016Current
Nagesh Pinge Country flag representing In Director 09-Jun-2020Current
Geeta Mathur Country flag representing In Director 07-Mar-2023Current
Apul Nayyar Country flag representing In Whole-Time Director and Ceo 09-Jun-2020Current

Financial Performance of Hero Housing Finance.

Hero Housing Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.93% increase. The company also saw a substantial improvement in profitability, with a 981.21% increase in profit. The company's net worth Soared by an impressive increase of 75.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
34.93%
Revenue from Operations
34.20%
Total Assets
34.63%
Profit or Loss
981.21%
Net Worth
75.73%
EBITDA
36.15%

What is the Ownership and Shareholding Structure of Hero Housing Finance?

In 2023, Hero Housing Finance had a promoter holding of 99.33% and a public holding of 0.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,900.00 Cr

Satisfied Charges

₹308.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 6900.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2024Others₹100.00 CrOpen
22 Aug 2023Others₹500.00 CrOpen
15 Feb 2023Others₹25.00 CrOpen
06 Jan 2023Others₹50.00 CrOpen
11 Feb 2022Others₹150.00 CrOpen

How Many Employees Work at Hero Housing Finance?

Hero Housing Finance has a workforce of 734 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hero Housing Finance, 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 Housing Finance's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Hero Housing Finance

Recent activity within the organization

  • Annual General Meeting

    Hero Housing Finance Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.

    20 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100969987 was registered on 16 Jul 2024.

    16 Jul 2024

  • Charges

    A charge with Others of Rs. 6,000.00 Cr registered on 26 Apr 2019 with Charge ID 100259341 was modified on 24 Jun 2024.

    24 Jun 2024

  • Balance Sheet

    Hero Housing Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 500.00 Cr registered on 22 Aug 2023 with Charge ID 100766721 was modified on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge registered on 23 Jul 2020 via Charge ID 100369593 with Others was fully satisfied on 01 Sep 2023.

    01 Sep 2023

Frequently asked questions

  • Hero Housing Finance Limited was incorporated on 16 Jun 2016.

  • The authorized share capital of Hero Housing Finance Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 629.81 Cr.

  • Currently 9 directors are associated with Hero Housing Finance Limited.

    • Renu Munjal
    • Nagesh Dinkar Pinge
    • Rahul Munjal
    • Apul Nayyar
    • Geeta Mathur
    • Abhimanyu Munjal
    • Apul Mohinder Nayyar
    • Suruchi Jassi
    • Dhoop Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hero Housing Finance Limited is 9 Community Centre, Basant Lok Vasant Vihar India, New Delhi, 110057.

  • The corporate identification number (CIN) of Hero Housing Finance Limited is U65192DL2016PLC301481 and the company number is 301481 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hero Housing Finance Limited is https://www.herohousingfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hero Housing Finance Limited has risen by 34.93%.

  • As Per 2023 financial reports, 734 employees are currently employed by Hero Housing Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hero Housing Finance Limited has experienced an upsurge of 75.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hero Housing Finance Limited amount to ₹ 6,900.00 Cr.

  • The most recent Balance Sheet for Hero Housing Finance Limited was filed with the ROC on 31 Mar 2024.

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