OVERVIEW - HERO CYCLES LIMITED

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.

Hero Cycles Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 323.07 % over the previous year. At the same time, it's book networth has increased by 8.77 %. Other performance and liquidity ratios are available here.

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

Products & Services: bicycles and accessories for ladies, gents, girls, boys, and kids.
Category: Manufacturer & Distributer

The current status of Hero Cycles Limited is - Active.

The last reported AGM (Annual General Meeting) of Hero Cycles Limited, per our records, was held on 30 December, 2023.

Hero Cycles Limited has six directors - Shashi Kant Rai, Pankaj Munjal, and others.

The Corporate Identification Number (CIN) of Hero Cycles Limited is U35911PB1966PLC002667. The registered office of Hero Cycles Limited is at HERO NAGARG T ROAD, LUDHIANA, Ludhiana, Punjab.

  • COMPANY FINANCIALS
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    Delivery time: 8 working hours (Mon-Fri).
  • INR 249
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    Delivery time: 8 working hours (Mon-Fri).
  • INR 799
    An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more.
    Delivery time: 1 working day (Mon-Fri).
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  • INR 2999
    A pdf report that includes standalone and consolidated financials, risk analysis, cashflows, capital infusion details, litigation, credit ratings, group structure, GST details, Competition analysis and more.
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    View a Sample Report
  • # Wherever available
    * Prices are exclusive of taxes.
    ** Company has reported to have approved financials for 31 March, 2023. However, in case, they are not available at MCA because of non-filing or damage, then we will provide the latest financials downloadable from MCA.
    *** Working hours: 9am-6pm (Mon-Fri)

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REGISTERED DETAILS - HERO CYCLES LIMITED


CIN

U35911PB1966PLC002667

Incorporation Date / Age

29 August, 1966 / 58 yrs

Last Reported AGM Date

30 December, 2023


Authorized Capital

INR 4000.0 Lacs

Paidup Capital

INR 3947.62 Lacs

industry*

Manufacture of motor vehicles, trailers and others


type

Unlisted Public Company

category

Company limited by Shares

subcategory

Non-govt company


Email Address

Login for email address. This is to prevent spam.

Website

http://www.herocycles.com/. (Incorrect website?)

Registered Address

HERO NAGARG T ROAD
LUDHIANA
Ludhiana - 000000
Punjab - India


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HERO CYCLES LIMITED - Registration Details
CINU35911PB1966PLC002667
Incorporation Date / Age29 August, 1966 / 58 yrs
Last Reported AGM Date30 December, 2023
Authorized CapitalINR 4000.0 Lacs
Paidup CapitalINR 3947.62 Lacs
industry*Manufacture of motor vehicles, trailers and others
typeUnlisted Public Company
categoryCompany limited by Shares
subcategoryNon-govt company
Email Address
Websitehttp://www.herocycles.com/
Registered AddressHERO NAGARG T ROAD LUDHIANA Ludhiana - 000000 Punjab - India

FINANCIAL HIGHLIGHTS - HERO CYCLES LIMITED

Provided here are the financial indicators for financial year ending on 31 March, 2023. Actual numbers and updated financial data are included in purchased financial report.
View Sample Report.
Operating Revenue Over INR 500 cr
EBITDA 323.07 %
Networth 8.77 %
Debt/Equity Ratio 0.20
Return on Equity 9.14 %

* Company has reported to have approved financials for 31 March, 2023. However, in case, they are not available at MCA because of non-filing or damage, then we will provide the latest financials downloadable from MCA.

How to get financial reports of HERO CYCLES LIMITED

Tofler Company360 provides access to any Indian company's financial documents, charts, ratio analysis and more. It lets you compare financials of several companies and study performance trends. These financials can also be downloaded in excel format. Here is the video showing how you can study the financials of an Indian company on the Company360 platform.

Directors - HERO CYCLES LIMITED

The company has 6 directors and 1 reported key management personnel.


The longest serving director currently on board is Shashi Kant Rai who was appointed on 13 January, 1986. Shashi Kant Rai has been on the board for more than 38 years. The most recently appointed director is Freyan Jamshed Desai, who was appointed on 04 March, 2024.


Aditya Munjal has the largest number of other directorships with a seat at a total of 15 companies. In total, the company is connected to 44 other companies through its directors.


NAME DESIGNATION APPOINTMENT DATE
SHASHI KANT RAI Director 13 January, 1986 Other directorships - ADA EXPO AND EVENTS PRIVATE LIMITED,  SAKS MANAGEMENT ADVISORY SERVICES PRIVATE LIMITED,  G V MEDITECH PRIVATE LIMITED,  LUDHIANA ADVANCED CENTRE FOR CYCLE TECHNOLOGY,  HMC E-VALLEY PRIVATE LIMITED,  NIMBUA GREENFIELD (PUNJAB) ASSOCIATION, 
PANKAJ MUNJAL Director 01 June, 2006 Other directorships - PRAGATI TYRES PRIVATE LIMITED,  LECTRO E-MOBILITY PRIVATE LIMITED,  HERO ASSOCIATES LIMITED,  LUDHIANA ADVANCED CENTRE FOR CYCLE TECHNOLOGY,  MUNJAL KIRIU INDUSTRIES PRIVATE LIMITED,  ZF HERO CHASSIS SYSTEMS PRIVATE LIMITED,  HMC E-VALLEY PRIVATE LIMITED,  BHAGYODAY INVESTMENTS PVT LTD,  FIREFOX BIKES PRIVATE LIMITED,  UT BIKES PRIVATE LIMITED,  HERO MOTORS LIMITED, 
TARUN VOHRA Director 14 March, 2019 Other directorships - BAKED FILMS LLP,  C J INTERNATIONAL HOTELS LIMITED,  INTEGRA CAPITAL LIMITED,  INTEGRA SECURITIES PRIVATE LIMITED, 
FREYAN JAMSHED DESAI Director 04 March, 2024 Other directorships - GULMARG HOLDINGS PRIVATE LIMITED,  EXPO LEASING PRIVATE LIMITED,  STERIPLAST PRIVATE LIMITED,  RANPHARM INVESTMENTS PRIVATE LIMITED,  STERIPLATE PVT LTD.,  TROPICANA ENTERPRISES PRIVATE LIMITED,  STERI SHEETS PRIVATE LIMITED,  DIVITAS CAPITAL PRIVATE LIMITED,  FALSHAJAM INVESTMENT AND FINANCE COMPANY PRIVATE LIMITED,  STERI MOULD PRIVATE LIMITED,  FLEUR HOTELS PRIVATE LIMITED,  LEMON TREE HOTELS LIMITED, 
ADITYA MUNJAL Director 16 November, 2019 Other directorships - HERO TRANSMISSION PRIVATE LIMITED,  MUNJAL INSURANCE SERVICES PRIVATE LIMITED,  MUNJAL BROTHERS PRIVATE LIMITED,  HERO FINANCIAL SERVICES PRIVATE LIMITED,  LECTRO E-MOBILITY PRIVATE LIMITED,  HERO PBG CYCLES PRIVATE LIMITED,  HERO GLOBAL DESIGN PRIVATE LIMITED,  BFLY HOSPITALITY VENTURES PRIVATE LIMITED,  MUNJAL HOSPITALITY PRIVATE LIMITED,  HMC E-VALLEY PRIVATE LIMITED,  BHAGYODAY INVESTMENTS PVT LTD,  FIREFOX BIKES PRIVATE LIMITED,  UT BIKES PRIVATE LIMITED,  HERO CYCLES GROUP PRIVATE LIMITED, 
ABHISHEK MUNJAL Director 16 November, 2019 Other directorships - HYM DRIVE SYSTEMS PRIVATE LIMITED,  HERO PBG CYCLES PRIVATE LIMITED,  HERO EDU SYSTEMS PRIVATE LIMITED,  ZF HERO CHASSIS SYSTEMS PRIVATE LIMITED,  HMC E-VALLEY PRIVATE LIMITED,  BHAGYODAY INVESTMENTS PVT LTD,  SPUR TECHNOLOGIES PRIVATE LIMITED,  OMA LIVING PRIVATE LIMITED,  FIREFOX BIKES PRIVATE LIMITED,  HERO MOTORS LIMITED,  HERO CYCLES GROUP PRIVATE LIMITED, 
MAYANK KUMAR JAIN KMP 20 October, 2023 No other directorships
NAME DESIGNATION APPOINTMENT DATE
SHASHI KANT RAI Director 13 January, 1986 View other directorships
PANKAJ MUNJAL Director 01 June, 2006 View other directorships
TARUN VOHRA Director 14 March, 2019 View other directorships
FREYAN JAMSHED DESAI Director 04 March, 2024 View other directorships
ADITYA MUNJAL Director 16 November, 2019 View other directorships
ABHISHEK MUNJAL Director 16 November, 2019 View other directorships
MAYANK KUMAR JAIN KMP 20 October, 2023 No other directorships
13 January, 1986

SHASHI KANT RAI

Director

01 June, 2006

PANKAJ MUNJAL

Director

14 March, 2019

TARUN VOHRA

Director

16 November, 2019

ADITYA MUNJAL

Director

16 November, 2019

ABHISHEK MUNJAL

Director

20 October, 2023

MAYANK KUMAR JAIN

KMP

04 March, 2024

Bank-wise Biggest Charges on Assets

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Previous Names

No previous names were found for this company.

Previous CINs

No previous CINs were found for this company.

SIMILAR COMPANIES

NAME INCORPORATION YEAR STATE PAID UP CAPITAL
HARIG CRANKSHAFTS LIMITED It was formed in year 1983 in Uttar Pradesh . The company currently has a paid up capital of INR 39.36 cr.
1983 Uttar Pradesh 39.36 cr Buy financial reports
JAMNA AUTO INDUSTRIES LIMITED It was formed in year 1965 in Haryana . The company currently has a paid up capital of INR 39.87 cr.
1965 Haryana 39.87 cr Buy financial reports
ILGAHNG AUTOMOTIVE INDIA PRIVATE LIMITED It was formed in year 2019 in Tamil Nadu . The company currently has a paid up capital of INR 39.05 cr.
2019 Tamil Nadu 39.05 cr Buy financial reports
HERO MOTOCORP LIMITED It was formed in year 1984 in Delhi . The company currently has a paid up capital of INR 39.98 cr.
1984 Delhi 39.98 cr Buy financial reports
WINDALS PRECISION PRIVATE LIMITED It was formed in year 1997 in Maharashtra . The company currently has a paid up capital of INR 39.99 cr.
1997 Maharashtra 39.99 cr Buy financial reports
ALLIED WESTLAKE PRIVATE LIMITED It was formed in year 2018 in Delhi . The company currently has a paid up capital of INR 40.00 cr.
2018 Delhi 40.00 cr Buy financial reports
INZI AUTO COMPONENTS AN PRIVATE LIMITED It was formed in year 2018 in Andhra Pradesh . The company currently has a paid up capital of INR 36.28 cr.
2018 Andhra Pradesh 36.28 cr Buy financial reports
KINETIC ENGINEERING LTD It was formed in year 1970 in Maharashtra . The company currently has a paid up capital of INR 42.76 cr.
1970 Maharashtra 42.76 cr Buy financial reports
SAKURA AUTOPARTS INDIA PRIVATE LIMITED It was formed in year 2012 in Tamil Nadu . The company currently has a paid up capital of INR 35.00 cr.
2012 Tamil Nadu 35.00 cr Buy financial reports
DAIICHI FASTENERS INDIA PRIVATE LIMITED It was formed in year 2011 in Haryana . The company currently has a paid up capital of INR 44.93 cr.
2011 Haryana 44.93 cr Buy financial reports

SUBSIDIARY COMPANIES

NAME STATE INCORPORATION YEAR PAID UP CAPITAL
Punjab 2020 265.00 cr
Haryana 2014 19.91 cr
Punjab 1988 8.06 cr
Haryana 2007 1.00 cr
Haryana 2004 80.00 lac

Company Network - HERO CYCLES LIMITED

Company Network • Tofler Business Research Platform
How to use company network of HERO CYCLES LIMITED

Tofler Company network is a powerful feature that allows you to explore and discover common directorships between companies. It helps you find out other directorships of an Indian director and where else he has business interests. The feature is available for unlimited use in Company360 platform. Here is the video showing how you can explore company networks to discover hidden relationships between companies.

FAQ - HERO CYCLES LIMITED

  • What is the Incorporation date of HERO CYCLES LIMITED?

    The Incorporation Date of HERO CYCLES LIMITED is 29 August, 1966.

  • What is the operating revenue of HERO CYCLES LIMITED?

    The operating revenue of HERO CYCLES LIMITED is in the range of Over INR 500 cr for the financial year ending on 31 March, 2023.

  • What is the change in EBITDA of HERO CYCLES LIMITED since last year?

    The EBITDA of HERO CYCLES LIMITED has increased by 323.07 % over the previous year. At the same time, it's book networth has increased by 8.77 % for the financial year ending 31 March, 2023.

  • What is the business of HERO CYCLES LIMITED?

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

  • Which Products and Services are provided by HERO CYCLES LIMITED?

    The products and services offered by HERO CYCLES LIMITED are bicycles and accessories for ladies, gents, girls, boys, and kids..

  • Who are the directors of HERO CYCLES LIMITED?

    Hero Cycles Limited has six directors - Shashi Kant Rai, Pankaj Munjal, and others.

  • COMPANY FINANCIALS
  • INR 349
    Company360 is an interactive dashboard that provides more than 3 years company’s financials, ratios, charts, network and features like lists, comparator, financial alerts, pdf reports, and excel downloads.
    Learn More
  • INR 349
    All financials and shareholder returns available at MCA for download along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 249
    Latest Balance Sheet, Profit and Loss# and shareholder return available at MCA for download along with latest MoA and AoA.
    Delivery time: 8 working hours (Mon-Fri).
  • INR 799
    An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more.
    Delivery time: 1 working day (Mon-Fri).
    View a Sample Report
  • INR 2999
    A pdf report that includes standalone and consolidated financials, risk analysis, cashflows, capital infusion details, litigation, credit ratings, group structure, GST details, Competition analysis and more.
    Delivery time: 2 working days (Mon-Fri).
    View a Sample Report
  • # Wherever available
    * Prices are exclusive of taxes.
    ** Company has reported to have approved financials for 31 March, 2023. However, in case, they are not available at MCA because of non-filing or damage, then we will provide the latest financials downloadable from MCA.
    *** Working hours: 9am-6pm (Mon-Fri)

Company360 plans

360lite-screenshot

Know more about your vendors, clients and competitors.


Financials, scores, ratios, excels, reports and more.

@ INR 9000/quarter

take free trial

Join our newsletter

For business and industry related insights, twice in a month. No spam.

Check out our latest blogs:

Unlocking the Essentials: Exploring the Basic Elements of Supply Chain Management

In today's bustling world of commerce, understanding the fundamental......

read more

Unlocking the Essentials: Exploring the Basic Elements of Supply Chain Management

In today's bustling world of commerce, understanding the fundamental......

read more

Demystifying Supply Chain Challenges: A Practical Guide

In the intricate world of supply chain management, companies face a......

read more



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