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HERO ELECTRIC VEHICLES PRIVATE LIMITED

Active

HERO ELECTRIC VEHICLES PRIVATE LIMITED having CIN U34200DL2010PTC206520 is 14 years , 10 month & 8 days old Private Indian Company incorporated on 31 Jul 2010. It is classified as Non-government company and is registered at ROC Delhi. Its authorized share capital is Rs. 765,000,000 and its paid up capital is Rs. 688,179,510. It's NIC code is 34200 (which is part of its CIN).

As per the NIC code, it is involved in . HERO ELECTRIC VEHICLES Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 04-23-2024. Directors of HERO ELECTRIC VEHICLES are Kalyana Sundaram Sivagnanam and Sohinder Singh.

HERO ELECTRIC VEHICLES ' Corporate Identification Number (CIN) is U34200DL2010PTC206520 and its registration number is 206520. Users may contact HERO ELECTRIC VEHICLES on its Email address - cs.electric@heroeco.com Registered address of HERO ELECTRIC VEHICLES is 50, Okhla Industrial Estate, Phase III,,New Delhi,Delhi,India-110020. Current status of HERO ELECTRIC VEHICLES PRIVATE LIMITED is - Active.

Key Indicators

Authorised Capital
765,000,000

as on 08/06/2025

Paid Up Capital
688,179,510

as on 08/06/2025

Company Age
14 Year, 10 Months
Last Filing with ROC
1 Year, 1 Months

Company Information

CIN U34200DL2010PTC206520
Company Status Active
Registration Number 206520
Date of Incorporation 07/31/2010
RoC ROC Delhi
Company Age 14 years & 316 days
Authorized Capital ₹ 765000000
Paid-up capital ₹ 688179510
Company Category Company limited by shares
Company Sub-Category Non-government company
Class of company Private
Activity
Listing status Unlisted
Date of Last Annual General Meeting 31-03-2022
Date of Latest Balance Sheet 31-03-2022

Contact

Email ID cs.electric@heroeco.com
Address 50 OKHLA INDUSTRIAL ESTATE PHASE III NEW DELHI Delhi India 110020
Website heroeco.com
Contact Number +91*******

Location on Map

Director

Designation Name Date OF Appointment DIN PAN Tenure
Director
NAVEEN MUNJAL
09/10/2022 00084789 *****8078P 2 years
Director
VISHAL RAMESH OOTAM
12/03/2018 01112829 *****9926M 6 years
Director
PANKAJ GUPTA
03/06/2024 03406800 1 years
Director
VANDANA MUNJAL
11/30/2021 01634290 *****8015E 3 years
Director
ARUN KUMAR MALHOTRA
04/04/2023 00132951 *****1633M 2 years
Director
SRIDHAR VENKITESWARAN
07/12/2023 03499271 *****0486J 1 years
Director
VIJAY MUNJAL
03/14/2023 00002782 *****8077C 2 years
Director
GAURAV MUNJAL
04/03/2023 00084532 *****8079N 2 years
Director
SOHINDER SINGH
07/31/2023 06993801 1 years
Director
HEMANTH KUNDAVARAM
07/13/2023 06890323 1 years
Director
AKANKSHA GUPTA
08/11/2022 08618276 *****1045R 2 years
Director
KALYANA SUNDARAM SIVAGNANAM
01/10/2024 09682161 1 years

Companies connected through Directors

Name Status Paid Up Capital Common Directors Address
DIARTI DESIGNS PRIVATE LIMITED
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1,00,000.00 1 Maharashtra
FAIRWELL ENGINEERS PRIVATE LIMITED
Active
1,00,000.00 2 Delhi
MEDIVA HEALTH CARE PRIVATE LIMITED
Active
1,00,000.00 2 Delhi
HERO ECO MED PRIVATE LIMITED
Active
1,00,000.00 2 Delhi
MANDOLIN PROPBUILD PRIVATE LIMITED
Strike Off
1,00,000.00 2 Delhi
RITMAY BUILDERS PRIVATE LIMITED
Active
5,00,000.00 2 Delhi
VENUS SOFT SOLUTION PRIVATE LIMITED.
Strike Off
1,00,000.00 2 Delhi
HERO DNM PORTFOLIO PRIVATE LIMITED
Strike Off
10,00,000.00 2 Delhi
HERO ECO VENTURES PRIVATE LIMITED
Active
1,00,000.00 2 Delhi
HERO ELECTRIC DEVICES PRIVATE LIMITED
Active
1,00,000.00 2 Delhi
WINN BIKES PRIVATE LIMITED
Active
1,00,000.00 2 Delhi
NBS INTERNATIONAL LIMITED
Active
44,55,04,760.00 2 Maharashtra
MAHINDRA TWO WHEELERS LIMITED
Amalgamated
82,82,37,818.92 2 Maharashtra
LIFELONG INDIA PRIVATE LIMITED
Active
12,17,99,690.00 2 Delhi
OC & C STRATEGY CONSULTANTS INDIA PRIVATE LIMITED
Active
1,00,000.00 2 Maharashtra
AGR KNOWLEDGE SERVICES PRIVATE LIMITED
Active
1,87,69,960.00 2 Maharashtra
AVAAZEIN FOUNDATION
Active
7,50,000.00 2 Delhi
STRATBIZ CONSULTING PRIVATE LIMITED
Active
1,97,06,880.00 2 Maharashtra
XEROX INDIA LIMITED
Active
44,80,80,000.00 1 Haryana

Charges on assets

1

Others

No. of Loans: 20

Total Amount: 5,760,000,000.00 cr

2

THE SOUTH INDIAN BANK LIMITED

No. of Loans: 1

Total Amount: 500,000,000.00 cr

3

Axis Bank Limited

No. of Loans: 1

Total Amount: 700,000,000.00 cr

4

HDFC BANK LIMITED

No. of Loans: 2

Total Amount: 960,000,000.00 cr

Charge Holder Branch Amount Date of creation Modification Satisfaction Status
Others Devara Beesana Halli, Bellandur 100,000,000 24 Dec, 2022 - - Open
Others 110,000,000 23 Dec, 2022 - - Open
Others 250,000,000 29 Jul, 2022 - 05 Jun, 2023 Closed
Others 200,000,000 26 Aug, 2022 - 05 Jun, 2023 Closed
Others Mandvi, BARODA 1,300,000,000 15 Jul, 2022 - - Open
Others Bandra Kurla Complex, Bandra (E), 300,000,000 26 Aug, 2020 - 28 Feb, 2022 Closed
Others 200,000,000 05 May, 2022 - 31 Dec, 2022 Closed
Others 300,000,000 05 May, 2022 - 31 Dec, 2022 Closed
Others ANNASALAI, NANDANAM 300,000,000 29 Mar, 2022 - - Open
THE SOUTH INDIAN BANK LIMITED 500,000,000 30 Mar, 2022 - - Open
Others Harrington Road, Chetpet, 400,000,000 23 Feb, 2022 - - Open
Others Harrington Road, Chetpet, 200,000,000 02 Mar, 2022 - - Open
Others 110,000,000 14 Dec, 2018 22 May, 2019 19 May, 2022 Closed
Axis Bank Limited 25, PUSA Road, Near Karol Bagh Metro Station 700,000,000 21 Aug, 2020 30 Mar, 2023 26 Oct, 2023 Closed
Others Bandra Kurla Complex, Bandra (E), 600,000,000 17 Sep, 2018 24 May, 2023 - Open
Others CONTONMENT 400,000,000 30 Nov, 2021 - - Open
Others Bandra Kurla Complex, Bandra East 400,000,000 23 Sep, 2021 - 11 Nov, 2022 Closed
Others Bandra Kurla Complex, Bandra (E), 300,000,000 27 Aug, 2021 24 May, 2023 - Open
Others 50,000,000 27 Jun, 2017 - 17 Dec, 2019 Closed
HDFC BANK LIMITED SENAPATI BAPAT MARG, LOWER PAREL (W) 920,000,000 02 Feb, 2017 26 Dec, 2019 - Open
Others Bandra Kurla Complex, Bandra (E), 20,000,000 11 Jan, 2021 - - Open
Others 200,000,000 20 Sep, 2017 22 May, 2019 16 Sep, 2020 Closed
Others 20,000,000 18 Mar, 2019 - 16 Sep, 2020 Closed
HDFC BANK LIMITED SENAPATI BAPAT MARG, LOWER PAREL (W) 40,000,000 25 Jun, 2021 - - Open

Registered Details

CIN
U34200DL2010PTC206520
PAN
U34200DL2010PTC206520
Incorporation
1 years , 4 month
Company Email
cs.electric@heroeco.com
Paid up Capital
₹ 688,179,510
Authorised Capital
₹ 765,000,000
Type
Private Non-government company

* There is the date provided by MCA, but availability for this year is not guaranteed.

-

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales arrow 9.29%
₹ 140,987.4
EBITDA arrow 29%
₹ 135,987.4
Net Profit arrow 29%
₹ 135,987.4
Networth arrow 29%
₹ 135,987.4
Borrowings arrow 9.29%
₹ 140,987.4
Assets arrow 9.29%
₹ 140,987.4
Gross Margin arrow 9.29%
₹ 140,987.4
Operating Margin arrow 29%
₹ 135,987.4
Net Profit Margin arrow 29%
₹ 135,987.4
Return on Equity arrow 29%
₹ 135,987.4
ROCE arrow 9.29%
₹ 140,987.4
Debt to Equity arrow 9.29%
₹ 140,987.4

Financial Highlights

** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales Locked Locked Locked Locked Locked
Operating profit Locked Locked Locked Locked Locked
Net profit Locked Locked Locked Locked Locked
Gross margin Locked Locked Locked Locked Locked
Operating margin Locked Locked Locked Locked Locked
Net margin Locked Locked Locked Locked Locked
Networth Locked Locked Locked Locked Locked
Borrowings Locked Locked Locked Locked Locked
Assets Locked Locked Locked Locked Locked
Debt to equity Locked Locked Locked Locked Locked
Current ratio Locked Locked Locked Locked Locked
ROE Locked Locked Locked Locked Locked
Days payable Locked Locked Locked Locked Locked
WC days Locked Locked Locked Locked Locked
unlock

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Balance Sheet

**** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds + Locked Locked Locked Locked Locked
(a) Share capita Locked Locked Locked Locked Locked
(b) Reserves and surplus Locked Locked Locked Locked Locked
(c) Money received against share warrants Locked Locked Locked Locked Locked
(2) Share application money pending allotment Locked Locked Locked Locked Locked
(3) Non-current liabilities + Locked Locked Locked Locked Locked
(a) Long-term borrowings Locked Locked Locked Locked Locked
(b) Deferred tax liabilities (Net) Locked Locked Locked Locked Locked
(c) Other Long-term liabilities Locked Locked Locked Locked Locked
(d) Long-term provisions Locked Locked Locked Locked Locked
(4) Current liabilities + Locked Locked Locked Locked Locked
(a) Short-term borrowings Locked Locked Locked Locked Locked
(b) Trade payables Locked Locked Locked Locked Locked
(A) total outstanding dues of micro enterprises and small enterprises; and Locked Locked Locked Locked Locked
(B) total outstanding dues of creditors other than micro enterprises and small enterprises. Locked Locked Locked Locked Locked
(c) Other current liabilities Locked Locked Locked Locked Locked
(d) Short-term provisions Locked Locked Locked Locked Locked
Total Locked Locked Locked Locked Locked
ASSETS
Non-current assets + Locked Locked Locked Locked Locked
(a) [Property, Plant and Equipment] Locked Locked Locked Locked Locked
(i) Tangible assets Locked Locked Locked Locked Locked
(ii) Intangible assets Locked Locked Locked Locked Locked
(iii)Capital work-in-progress Locked Locked Locked Locked Locked
(iv) Intangible assets under development Locked Locked Locked Locked Locked
(b) Non-current investments Locked Locked Locked Locked Locked
(c) Deferred tax assets (net) Locked Locked Locked Locked Locked
(d) Long-term loans and advances Locked Locked Locked Locked Locked
(e) Other non-current assets Locked Locked Locked Locked Locked
(2) Current assets + Locked Locked Locked Locked Locked
(a) Current investments Locked Locked Locked Locked Locked
(b) Inventories Locked Locked Locked Locked Locked
(c) Trade receivables Locked Locked Locked Locked Locked
(d) Cash and cash equivalents Locked Locked Locked Locked Locked
(e) Short-term loans and advances Locked Locked Locked Locked Locked
(f) Other current assets Locked Locked Locked Locked Locked
Total assets Locked Locked Locked Locked Locked
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds + lock lock lock lock lock
(a) Share capita lock lock lock lock lock
(b) Reserves and surplus lock lock lock lock lock
(c) Money received against share warrants lock lock lock lock lock
(2) Share application money pending allotment lock lock lock lock lock
(3) Non-current liabilities + lock lock lock lock lock
(a) Long-term borrowings lock lock lock lock lock
(b) Deferred tax liabilities (Net) lock lock lock lock lock
(c) Other Long-term liabilities lock lock lock lock lock
(d) Long-term provisions lock lock lock lock lock
(4) Current liabilities + lock lock lock lock lock
(a) Short-term borrowings lock lock lock lock lock
(b) Trade payables lock lock lock lock lock
(A) total outstanding dues of micro enterprises and small enterprises; and lock lock lock lock lock
(B) total outstanding dues of creditors other than micro enterprises and small enterprises. lock lock lock lock lock
(c) Other current liabilities lock lock lock lock lock
(d) Short-term provisions lock lock lock lock lock
Total lock lock lock lock lock
ASSETS
Non-current assets + lock lock lock lock lock
(a) [Property, Plant and Equipment] lock lock lock lock lock
(i) Tangible assets lock lock lock lock lock
(ii) Intangible assets lock lock lock lock lock
(iii)Capital work-in-progress lock lock lock lock lock
(iv) Intangible assets under development lock lock lock lock lock
(b) Non-current investments lock lock lock lock lock
(c) Deferred tax assets (net) lock lock lock lock lock
(d) Long-term loans and advances lock lock lock lock lock
(e) Other non-current assets lock lock lock lock lock
(2) Current assets + lock lock lock lock lock
(a) Current investments lock lock lock lock lock
(b) Inventories lock lock lock lock lock
(c) Trade receivables lock lock lock lock lock
(d) Cash and cash equivalents lock lock lock lock lock
(e) Short-term loans and advances lock lock lock lock lock
(f) Other current assets lock lock lock lock lock
Total assets lock lock lock lock lock

Profit & Loss

**** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
I.Revenue from operations lock lock lock lock lock
II. Other income lock lock lock lock lock
III.Total Revenue (I + II) lock lock lock lock lock
IV.Expenses + lock lock lock lock lock
(1)Cost of materials consumed lock lock lock lock lock
(2)Purchases of Stock-in-Trade lock lock lock lock lock
(3)Changes in inventories of finished goods work-in-progress and lock lock lock lock lock
(4)Stock-in-Trade lock lock lock lock lock
(5)Employee benefits expense lock lock lock lock lock
(6)Finance costs lock lock lock lock lock
(7)Depreciation and amortisation expense lock lock lock lock lock
(8)Other expenses lock lock lock lock lock
(9)Total expenses lock lock lock lock lock
VProfit before exceptional and extraordinary items and tax (III - IV) lock lock lock lock lock
VIExceptional items lock lock lock lock lock
VII.Profit before extraordinary items and tax (V - VI) lock lock lock lock lock
VIII.Extraordinary items lock lock lock lock lock
IX.Profit before tax (VII- VIII) lock lock lock lock lock
X. Tax expense: + lock lock lock lock lock
(1)Current tax lock lock lock lock lock
(2)Deferred tax lock lock lock lock lock
XI.Profit (Loss) for the period from continuing operations (VII-VIII) lock lock lock lock lock
XII.Profit/(loss) from discontinuing operations lock lock lock lock lock
XIII.Tax expense of discontinuing operations lock lock lock lock lock
XIV.Profit/(loss) from Discontinuing operations (after tax) (XII-XIII) lock lock lock lock lock
XV.Profit (Loss) for the period (XI + XIV) lock lock lock lock lock
XVI.Earnings per equity share: + lock lock lock lock lock
(1) Basic lock lock lock lock lock
(2)Diluted lock lock lock lock lock
Precentage of total incomex
Sales +
Sales growth %
Expenses +
Cost of services
Employee benefits expense
Other costs
Operating profit + lock lock lock
Operating margin % lock lock lock
Other income
Interest lock lock lock
Depreciation lock lock lock
Exceptional items
Profit before tax
Tax lock lock lock
Profit - disc. ops lock lock lock
Net profit lock lock lock
Net margin % lock lock lock
unlock

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Ratio

** All numbers in INR crores
Solvency +
Total Debt/Equity
Net Debt/Equity lock lock lock
Total Debt/Assets
Total Assets/Equity
Liquidity +
Current Ratio
Quick Ratio
Interest Coverage
Performance lock lock lock
Gross Margin
Operating Margin
Net Margin
Return + lock lock lock
Return on Equity
Pre-tax ROCE lock lock lock
Return on Assets lock lock lock
Pre-tax ROIC lock lock lock
Efficiency + lock lock lock
Days Payable lock lock lock
Days Inventory lock lock lock
Days Receivable lock lock lock
Fixed Asset Turnover lock lock lock
Total Asset Turnover lock lock lock
Working Capital lock lock lock
Cash Conversion Cycle lock lock lock
Working Capital Days lock lock lock
unlock

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Subsidiaries, Associate Companies & Join Ventures of Hero Electric Vehicles Private Limited

Company Identifier Name Percentage of Shares Held
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Fund Raising Activity of Hero Electric Vehicles Private Limited

Date of Allotment Securities Alloted Terms Number of Securities Nominal Amount Premium Amount Due & Payable Premium Amount Paid Total Discount Amount to be Paid on Calls (Excluding Premium) Attachments
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Board Meetings of Hero Electric Vehicles Private Limited

Date of Filing Date of Dispatch of Notice Date of Passing Resolution Section (Companies Act 2013) Section (Companies Act 1956) Subject Matter of Resolution Resolution Agreed By Resolution Type Additional Documents
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Auditors of Hero Electric Vehicles Private Limited

Financial Year Name of Auditor or Firm PAN of Auditor or Firm Membership Number / Registration Number Name of Auditor Signing Report Membership Number of Auditor Signing Report
lock lock lock lock lock lock
lock lock lock lock lock lock
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Outstanding Payments to Micro & Small Enterprises

Filing Type As On Amount Due to MSME Current Liabilities Ratio to Current Liabilities Reasons for Delay
lock lock lock lock lock lock
lock lock lock lock lock lock
lock lock lock lock lock lock

Investor Complaints & Serious Complaints About Hero Electric Vehicles Private Limited

Director Complain

Date DIN Cessation Date Cessation Reason Complaint
lock lock lock lock lock
lock lock lock lock lock
lock lock lock lock lock

Serious Complaints

Date Complaint Other
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lock lock lock
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Investor Complaints & Other Complaints

Date Complaint Type Complaint Sub Type Particulars of Secutiries Period Complaint Other Details
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Prosecution Details of Hero Electric Vehicles Private Limited

S.No. Defaulting Entities Court Name Prosecution Section Date of Order Status
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FAQs- Hero Electric Vehicles Private Limited

What is HERO ELECTRIC VEHICLES PRIVATE LIMITED ?

HERO ELECTRIC VEHICLES PRIVATE LIMITED having CIN U34200DL2010PTC206520 is 1 years , 4 month old Private Indian Company incorporated with MCA on 10 Jan 2024. HERO ELECTRIC VEHICLES PRIVATE LIMITED is listed in the class of Private Indian Company and classified as Non-government company. This company is registered at Registrar of Companies(ROC), ROC Delhi with an Authorized Share Capital of 765,000,000 and paid-up capital is 688,179,510.

What is the CIN of HERO ELECTRIC VEHICLES PRIVATE LIMITED?

CIN of HERO ELECTRIC VEHICLES PRIVATE LIMITED is U34200DL2010PTC206520.

Where is HERO ELECTRIC VEHICLES PRIVATE LIMITED located?

Address of HERO ELECTRIC VEHICLES PRIVATE LIMITED is 50, okhla industrial estate, phase iii,,new delhi,delhi,india-110020,.

Who are the directors of HERO ELECTRIC VEHICLES PRIVATE LIMITED ?

The company has 20 directors/key management personnel Naveen Munjal,vishal Ootam,pankaj Gupta,vandana Munjal,arun Kumar Malhotra,sridhar Venkiteswaran,vijay Munjal,gaurav Munjal,sohinder Singh,hemanth Kundavaram,akanksha Gupta,naveen Munjal,vijay Munjal,gaurav Munjal,arun Kumar Malhotra,kalyana Sivagnanam,pankaj Gupta,hemanth Kundavaram,sridhar Venkiteswaran,sohinder Singh,

What is the contact details of HERO ELECTRIC VEHICLES PRIVATE LIMITED ?

Email : cs.electric@heroeco.com
Address : 50 OKHLA INDUSTRIAL ESTATE PHASE III NEW DELHI Delhi India 110020

What does HERO ELECTRIC VEHICLES PRIVATE LIMITED do?

HERO ELECTRIC VEHICLES PRIVATE LIMITED is involved in activities such as Computer programming, consultancy and related activities

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