Hero Steels Profile
Key Indicators
- Authorised Capital ₹ 175.00 Cr
- Paid Up Capital ₹ 142.00 Cr
- Company Age 14 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 399.40 Cr
- Satisfied Charges ₹ 496.50 Cr
- Revenue Growth -0.47%
- Profit Growth -67.42%
- Ebitda -36.19%
- Net Worth 2.29%
- Total Assets 0.09%
About Hero Steels
Hero Steels Limited (HSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 July 2010 and has a history of 14 years and six months. Its registered office is in South Delhi, Delhi, India.
The Corporate was formerly known as Hero Steels Private Limited. The Company is engaged in the Metals And Minerals 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 175.00 Cr and a paid-up capital of Rs 142.00 Cr.
The company currently has active open charges totaling ₹399.40 Cr. The company has closed loans amounting to ₹496.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hero Steels Limited India are Madhur Gupta as Ceo, Gurpreet Saluja as Company Secretary, and Abhineet Shukla as Cfo. Suman Munjal, Sunil Munjal, Sushil Roongta, and Three other members serve as directors at the Company.
Company Details
- Location
South Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28999DL2010PLC205966
- Company No.
205966
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Jul 2010
- Date of AGM
28 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Hero Steels Limited offer?
Hero Steels Limited offers a wide range of products and services, including Apparel & Textile Machinery, Fabric Cutters, Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Shearing, Trimming & Metal Profiling, Metal Slitting Machine, Cutting Machines & Equipment, Cutting Machine.
Who are the key members and board of directors at Hero Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhur Gupta  | CEO | 19-Nov-2019 | Current |
| Gurpreet Saluja | Company Secretary | 25-Nov-2021 | Current |
| Abhineet Shukla | CFO | 01-Jul-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sushil Roongta | Director | 13-Jan-2016 | Current |
| Rekha Sethi | Director | 03-Aug-2016 | Current |
| Jogendra Singh | Director | 08-Jun-2020 | Current |
| Suman Munjal | Director | 16-Jul-2010 | Current |
| Sunil Munjal | Director | 16-Jul-2010 | Current |
| Shefali Munjal | Director | 16-Jul-2010 | Current |
Financial Performance of Hero Steels.
Hero Steels Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.47% decrease. The company also saw a substantial fall in profitability, with a 67.42% decrease in profit. The company's net worth moved up by a moderate rise of 2.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hero Steels?
In 2023, Hero Steels 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)
Zuari Industries LimitedSushil Roongta is a mutual person
Shaashvata Realty Private LimitedSunil Munjal and Jogendra Singh are mutual person
Rockman Advanced Composites Private LimitedSuman Munjal is a mutual person
Hero Realty Private LimitedSunil Munjal, Jogendra Singh and 1 more are mutual person
Hero Realty And Infra Private LimitedSunil Munjal and Jogendra Singh are mutual person
Hero Motocorp LimitedSuman Munjal is a mutual person
Charges (Loans)
₹399.40 Cr
₹496.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 185.50 Cr
- Others : 135.90 Cr
- Axis Bank Limited : 40.00 Cr
- State Bank Of India : 38.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2021 | Axis Bank Limited | ₹40.00 Cr | Open |
| 24 Mar 2021 | Hdfc Bank Limited | ₹20.50 Cr | Open |
| 01 May 2020 | Others | ₹45.00 Cr | Open |
| 12 Dec 2019 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 05 May 2015 | Hdfc Bank Limited | ₹115.00 Cr | Open |
How Many Employees Work at Hero Steels?
Hero Steels has a workforce of 462 employees as of Mar 22, 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 Steels, 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 Steels'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.
