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Hero Cycles Limited Location T. Score Charges People Network Registered Details
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HERO CYCLES LIMITED

www.herocycles.com
Active
Updated: 24 Oct 2024

The company manufactures and sells bicycles. The company offers bicycles and accessories for ladies, gents, girls, boys, and kids

Hero Cycles Limited, is an unlisted public company incorporated on 29 August, 1966. It is classified as a public limited company and is located in Ludhiana, Punjab. It's authorized share capital is INR 40.00 cr and the total paid-up capital is INR 39.48 cr.

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Industry

Manufacture of motor vehicles, trailers and others
Products
  • girls, and kids., boys, gents, bicycles and accessories for ladies
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
-20.02%
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EBITDA
323.07%
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Net Profit
449.06%
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Networth
8.77%
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Borrowings
-8.14%
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Assets
0.51%
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Gross Margin
2.18
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Operating Margin
2.38
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Net Profit Margin
8.1
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Return on Equity
7.33
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ROCE
7.13
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Debt to Equity
-0.03
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (18)
State Type Address

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Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Margins

Gross margin
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Balance Sheet

%
** All numbers in INR crores
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Total assets

Profit & Loss

%
** All numbers in INR crores
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Revenue from operations

Ratios

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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

ICICI Bank Limited

No. of Loans: 2

Total Amount : 449.5 cr

2

IndusInd Bank Limited

No. of Loans: 2

Total Amount : 225.0 cr

3

Kotak Mahindra Bank Limited

No. of Loans: 2

Total Amount : 130.0 cr

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Charges

ICICI Bank Limited
IndusInd Bank Limited
Kotak Mahindra Bank Limited

People

Designation Name DIN/PAN Tenure
Managing Director Shashi Kant Rai 00002954 39 years
Director Pankaj Munjal
Shareholder
00005330 18 years
Director Tarun Vohra
Shareholder
00030470 6 years
Director Freyan Jamshed Desai 00965073 1 years
Whole-time Director Aditya Munjal
Shareholder
05349407 5 years
Director Abhishek Munjal
Shareholder
05355274 5 years
Kmp Bikash Jain <HIDDEN> 0 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
G V MEDITECH PRIVATE LIMITED
Active
80.0 L 1 Delhi
NIMBUA GREENFIELD (PUNJAB) ASSOCIATION
Active
1.5 Cr 1 Punjab
SAKS MANAGEMENT ADVISORY SERVICES PRIVATE LIMITED
Active
15.0 L 1 Punjab
ADA EXPO AND EVENTS PRIVATE LIMITED
Strike Off
1.0 L 1 Punjab
LUDHIANA ADVANCED CENTRE FOR CYCLE TECHNOLOGY
Active
32.0 L 2 Punjab
HMC E-VALLEY PRIVATE LIMITED
Active
265.0 Cr 4 Punjab
BHAGYODAY INVESTMENTS PVT LTD
Active
25.0 L 3 Punjab
HERO ASSOCIATES LIMITED
Strike Off
5.0 L 1 Delhi
LECTRO E-MOBILITY PRIVATE LIMITED
Active
1.0 L 2 Haryana
PRAGATI TYRES PRIVATE LIMITED
Active
10.1 L 1 Punjab
UT BIKES PRIVATE LIMITED
Active
8.1 Cr 2 Punjab
MUNJAL KIRIU INDUSTRIES PRIVATE LIMITED
Active
7.8 Cr 1 Haryana
ZF HERO CHASSIS SYSTEMS PRIVATE LIMITED
Active
14.9 Cr 2 Haryana
FIREFOX BIKES PRIVATE LIMITED
Active
80.0 L 3 Haryana
HERO MOTORS LIMITED
Active
378.4 Cr 2 Punjab
C J INTERNATIONAL HOTELS LIMITED
Active
9.0 Cr 1 Delhi
INTEGRA CAPITAL LIMITED
Active
4.7 Cr 1 Delhi
INTEGRA SECURITIES PRIVATE LIMITED
Active
1.8 Cr 1 Delhi
BAKED FILMS LLP
Active
2.0 Cr 1 Delhi
STERIPLAST PRIVATE LIMITED
Active
1.0 Cr 1 Delhi
GULMARG HOLDINGS PRIVATE LIMITED
Active
9.0 L 1 Maharashtra
STERIPLATE PVT LTD.
Active
8.9 L 1 Delhi
TROPICANA ENTERPRISES PRIVATE LIMITED
Active
2.0 Cr 1 Delhi
FALSHAJAM INVESTMENT AND FINANCE COMPANY PRIVATE LIMITED
Active
20.0 L 1 Delhi
EXPO LEASING PRIVATE LIMITED
Active
24.9 L 1 Delhi
FLEUR HOTELS PRIVATE LIMITED
Active
97.8 Cr 1 Delhi
RANPHARM INVESTMENTS PRIVATE LIMITED
Active
1.0 L 1 Delhi
STERI MOULD PRIVATE LIMITED
Active
1.0 L 1 Delhi
STERI SHEETS PRIVATE LIMITED
Active
1.0 L 1 Delhi
CANARY HOTELS PRIVATE LIMITED
Active
50.1 Cr 1 Delhi
LEMON TREE HOTELS LIMITED
Active
792.2 Cr 1 Delhi
DIVITAS CAPITAL PRIVATE LIMITED
Active
1.0 L 1 Delhi
HERO GLOBAL DESIGN PRIVATE LIMITED
Active
18.6 Cr 1 Haryana
MUNJAL INSURANCE SERVICES PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
HERO FINANCIAL SERVICES PRIVATE LIMITED
Active
5.0 Cr 1 Haryana
MUNJAL HOSPITALITY PRIVATE LIMITED
Active
508.0 Cr 1 Haryana
HERO PBG CYCLES PRIVATE LIMITED
Active
1.0 Cr 2 Haryana
BFLY HOSPITALITY VENTURES PRIVATE LIMITED
Active
3.5 Cr 1 Delhi
HERO TRANSMISSION PRIVATE LIMITED
Active
1.0 L 1 Delhi
MUNJAL BROTHERS PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
HERO CYCLES GROUP PRIVATE LIMITED
Active
1.0 L 2 Punjab
SPUR TECHNOLOGIES PRIVATE LIMITED
Active
30.8 Cr 1 Haryana
HYM DRIVE SYSTEMS PRIVATE LIMITED
Active
32.0 Cr 1 Punjab
HERO EDU SYSTEMS PRIVATE LIMITED
Active
1.0 Cr 1 Uttar Pradesh
OMA PRIVATE LIMITED
Active
10.0 Cr 1 Haryana

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
FIREFOX BIKES PRIVATE LIMITED Haryana 2004 ₹ 80.0 L
HMC E-VALLEY PRIVATE LIMITED Punjab 2020 ₹ 265.0 Cr
HERO PBG CYCLES PRIVATE LIMITED Haryana 2007 ₹ 1.0 Cr
Hero Transmission Private Limited India - -
UT BIKES PRIVATE LIMITED Punjab 1988 ₹ 8.1 Cr
SPUR TECHNOLOGIES PRIVATE LIMITED Haryana 2014 ₹ 30.8 Cr
Hero International B.V. Netherlands - -

Registered Details

CIN

U35911PB1966PLC002667

PAN

AAACH4073P

Incorporation

1966, 58.2 years

Company Email

legal@hmcgroup.in

Paid up Capital

₹ 39.5 Cr

Authorised Capital

₹ 40.0 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 24 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - HERO CYCLES LIMITED

What is the incorporation date of HERO CYCLES LIMITED?

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The incorporation date of HERO CYCLES LIMITED is 29 August, 1966

What is the authorized share capital of HERO CYCLES LIMITED?

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The authorized share capital of HERO CYCLES LIMITED is INR ₹ 40.0 Cr.

What is the paid-up capital of HERO CYCLES LIMITED?

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The paid-up capital of HERO CYCLES LIMITED is INR ₹ 39.5 Cr.

What is the registered address of HERO CYCLES LIMITED?

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The registered address of HERO CYCLES LIMITED is HERO NAGARG T ROAD LUDHIANA Ludhiana Punjab - 000000

What is the CIN number of HERO CYCLES LIMITED?

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The CIN number of HERO CYCLES LIMITED is U35911PB1966PLC002667.

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