Hmc E-Valley Private Limited

Manufacturer and distributor of various types of cycles and bicycles, including electric options.

2020 | Ludhiana, Punjab (India) | Active
Last Updated: November 16, 2024

Hmc E-Valley Profile

Key Indicators

  • Authorised Capital ₹ 270.00 Cr
  • Paid Up Capital ₹ 265.00 Cr
  • Company Age 5 Year, 9 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 588.44 Cr
  • Satisfied Charges ₹ 49.00 Cr
  • Revenue Growth 94.84%
  • Profit Growth -64.25%
  • Ebitda -67.83%
  • Net Worth 71.50%
  • Total Assets 17.98%

About Hmc E-Valley

Hmc E-Valley Private Limited (HEPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 January 2020 (Five years 9 days old ). Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Hero E-Cycles Private Limited. The Company is engaged in the Automotive 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 270.00 Cr and a paid-up capital of Rs 265.00 Cr.

The company currently has active open charges totaling ₹588.44 Cr. The company has closed loans amounting to ₹49.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hmc E-Valley Private Limited India is Anil Sharma as CFO. Abhishek Munjal, Aditya Munjal, Navin Paul, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35911PB2020PTC050642

  • Company No.

    050642

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2020

  • Date of AGM

    28 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Hmc E-Valley?

Executive Team (1)

NameDesignationAppointment DateStatus
Anil Sharma CFOCurrent

Board Members (7)

NameDesignationAppointment DateStatus
Shashi Rai Country flag representing In Director 30-Jul-2020Current
Abhishek Munjal Country flag representing In Director 30-Jul-2020Current
Aditya Munjal Country flag representing In Whole-Time Director 30-Jul-2020Current
Navin Paul Country flag representing In Director 19-Oct-2024Current
Ashok Taneja Country flag representing In Additional Director 05-Nov-2024Current
Pankaj Munjal Country flag representing In Director 22-Jan-2020Current

Financial Performance of Hmc E-Valley.

Hmc E-Valley Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 94.84% increase. The company also saw a substantial fall in profitability, with a 64.25% decrease in profit. The company's net worth Soared by an impressive increase of 71.5%.

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
94.84%
Revenue from Operations
88.99%
Total Assets
17.98%
Profit or Loss
-64.25%
Net Worth
71.50%
EBITDA
-67.83%

What is the Ownership and Shareholding Structure of Hmc E-Valley?

In 2023, Hmc E-Valley had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹588.44 Cr

Satisfied Charges

₹49.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 588.44 Cr

Latest Charge Details

DateLenderAmountStatus
05 Sep 2024Others₹128.00 CrOpen
05 Sep 2024Others₹157.50 CrOpen
21 Jul 2022Others₹15.00 CrOpen
03 Jun 2022Others₹75.00 CrOpen
08 Mar 2022Others₹50.00 CrOpen

How Many Employees Work at Hmc E-Valley?

Hmc E-Valley has a workforce of 453 employees as of Apr 06, 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 Hmc E-Valley, 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 Hmc E-Valley'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 Hmc E-Valley

Recent activity within the organization

  • Director Appointment

    Ashok Kumar Taneja was appointed as a Additional Director was appointed as a Additional Director on 05 Nov 2024 & has been associated with this company since 2 months 27 days .

    05 Nov 2024

  • Director Appointment

    Navin Paul was appointed as a Director was appointed as a Director on 19 Oct 2024 & has been associated with this company since 3 months 13 days .

    19 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 128.00 Cr with Charge ID 100974645 was registered on 05 Sep 2024.

    05 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 157.50 Cr with Charge ID 100974864 was registered on 05 Sep 2024.

    05 Sep 2024

  • Charges

    A charge registered on 08 Mar 2022 via Charge ID 100554573 with Others was fully satisfied on 04 Jul 2024.

    04 Jul 2024

  • Annual General Meeting

    Hmc E-Valley Private Limited last Annual general meeting of members was held on 28 Dec 2023 as per latest MCA records.

    28 Dec 2023

Frequently asked questions

  • Hmc E-Valley Private Limited was incorporated on 22 Jan 2020.

  • The authorized share capital of Hmc E-Valley Private Limited is ₹ 270.00 Cr and paid-up capital is ₹ 265.00 Cr.

  • Currently 8 directors are associated with Hmc E-Valley Private Limited.

    • Anil Sharma
    • Abhishek Munjal
    • Aditya Munjal
    • Navin Paul
    • Ashok Kumar Taneja
    • Shashi Kant Rai
    • Pankaj Munjal
    • Amit Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hmc E-Valley Private Limited is Hero Nagar, G.T. Road India, Ludhiana, Punjab, 141003.

  • The corporate identification number (CIN) of Hmc E-Valley Private Limited is U35911PB2020PTC050642 and the company number is 050642 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hmc E-Valley Private Limited is https://www.herocycles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hmc E-Valley Private Limited has risen by 94.84%.

  • As Per 2023 financial reports, 453 employees are currently employed by Hmc E-Valley Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hmc E-Valley Private Limited has experienced an upsurge of 71.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hmc E-Valley Private Limited amount to ₹ 588.44 Cr.

  • The most recent Balance Sheet for Hmc E-Valley Private Limited was filed with the ROC on 31 Mar 2023.

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