Hero Products India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.81 M
- Company Age 26 Year, 10 Months
- 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 26 years and ten months. 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
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Location
Thane, Maharashtra, 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
U28920MH1998PTC114043
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Company No.
114043
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Mar 1998
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Date of AGM
30 Sep 2019
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Date of Balance Sheet
31 Mar 2019
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
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.
Who are the key members and board of directors at Hero Products India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alessandro Sacchet
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Director | 15-Mar-2016 | Current |
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Gabriele Rinero
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Director | 15-Mar-2016 | Current |
Gaurav Wahal
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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%.
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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)
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Andaz Mercantile Private LimitedGaurav Wahal is a mutual person
Charges (Loans)
₹5.50 Cr
₹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.
