Hero Products India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.81 M
- Company Age 27 Year, 1 Month
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 5.50 Cr
- Revenue Growth -11.21%
- Profit Growth 35.49%
- Ebitda 35.50%
- Net Worth -17.66%
- Total Assets 1.62%
About Hero Products India
Hero Products India Private Limited (HPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 1998 and has a history of 27 years and one month. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Eco Color Systems (India) Private Limited. 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 2019. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.81 M.
The company currently has active open charges totaling ₹5.50 Cr.
Gabriele Rinero, Alessandro Sacchet, and Gaurav Wahal serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28920MH1998PTC114043
- Company No.
114043
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Mar 1998
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Hero Products India Private Limited offer?
Hero Products India Private Limited offers a wide range of products and services, including Industrial Mixers, Gyroscopic Mixers.
Hero Products India Private Limited
Explore comprehensive data for Hero Products India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hero Products India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alessandro Sacchet  | Director | 15-Mar-2016 | Current |
| Gabriele Rinero | Director | 15-Mar-2016 | Current |
Gaurav Wahal  | Director | 15-Jun-2016 | Current |
Financial Performance of Hero Products India.
Hero Products India Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 11.21% decrease. The company also saw a substantial improvement in profitability, with a 35.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hero Products India?
In 2018, Hero Products India 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)
Andaz Mercantile Private LimitedGaurav Wahal is a mutual person
Charges (Loans)
Open Charges
₹5.50 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 3.00 Cr
- Punjab National Bank : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2014 | Citi Bank N.A. | ₹3.00 Cr | Open |
| 28 Feb 2008 | Punjab National Bank | ₹2.50 Cr | Open |
How Many Employees Work at Hero Products India?
Hero Products India has a workforce of 8 employees as of Mar 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 Products India, 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 Products India'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 Hero Products India
Recent activity within the organization
- Annual General Meeting
Hero Products India Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
- Balance Sheet
Hero Products India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
- Director Appointment
Gaurav Wahal was appointed as a Director was appointed as a Director on 15 Jun 2016 & has been associated with this company since 8 years 11 months .
- Director Appointment
Gabriele Rinero was appointed as a Director was appointed as a Director on 15 Mar 2016 & has been associated with this company since 9 years 2 months .
- Director Appointment
Alessandro Sacchet was appointed as a Director was appointed as a Director on 15 Mar 2016 & has been associated with this company since 9 years 2 months .
- Charges
A charge with Citi Bank N.A. amounted to Rs. 3.00 Cr with Charge ID 10511284 was registered on 22 May 2014.
Frequently asked questions
What is the Incorporation or founding date of Hero Products India Private Limited?
Hero Products India Private Limited was incorporated on 18 Mar 1998.
What is authorized share capital and paid-up capital of Hero Products India Private Limited?
The authorized share capital of Hero Products India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.81 M.
Who are the current board members & directors of Hero Products India Private Limited?
Currently 3 directors are associated with Hero Products India Private Limited.
- Gabriele Rinero
- Alessandro Sacchet
- Gaurav Wahal
What is the registered address of Hero Products India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hero Products India Private Limited is Gala No. P1 P2 Shree Rajlaxmi High Tech Textile Sonale Village India, Bhivandi, Maharashtra, 421302.
What is the corporate identification number (CIN) and company number of Hero Products India Private Limited?
The corporate identification number (CIN) of Hero Products India Private Limited is U28920MH1998PTC114043 and the company number is 114043 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hero Products India Private Limited?
The Official website of Hero Products India Private Limited is https://www.hero.ca
What has been the recent revenue trend for Hero Products India Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Hero Products India Private Limited has fallen by -11.21%.
How many employees does Hero Products India Private Limited currently have?
As Per 2018 financial reports, 8 employees are currently employed by Hero Products India Private Limited.
What change has been observed in the net worth of Hero Products India Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Hero Products India Private Limited has experienced an downturn of -17.66%.
What are the total open charges for Hero Products India Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Hero Products India Private Limited amount to ₹ 5.50 Cr.
When was the last Balance Sheet of Hero Products India Private Limited filed with the ROC?
The most recent Balance Sheet for Hero Products India Private Limited was filed with the ROC on 31 Mar 2019.
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