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HERO ELECTRIC VEHICLES PRIVATE LIMITED

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All Companies ›
Delhi ›
Manufacturing of Motor Vehicles ›
HERO ELECTRIC VEHICLES PRIVATE LIMITED
Under CIRP
Updated: 01 Sep 2025

The company manufactures and markets electric scooters and bicycles and also engages in export of auto parts

Hero Electric Vehicles Private Limited, is an unlisted private company incorporated on 31 July, 2010. It is classified as a private limited company and is located in , Delhi. It's authorized share capital is INR 76.50 cr and the total paid-up capital is INR 68.82 cr.

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Industry and products
Manufacture of motor vehicles, trailers and others
  • OPTIMA, Flash, PHOTON, NYX
Company size
Auth Capital
₹ 76.5 Cr
Paidup Capital
₹ 68.8 Cr
Revenue
₹ 750-1000 cr
# Key metrics of Hero Electric Vehicles - All rupee values in INR crores. Based on March 2023 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 76.5 Cr | | | Paidup Capital | ₹ 68.8 Cr | | | Revenue | ₹ 750-1000 cr | | | Total Revenue | Details available with Tofler Pro subscription | 16.55% | | EBITDA | Details available with Tofler Pro subscription | None% | | Net Profit | Details available with Tofler Pro subscription | None% | | Networth | Details available with Tofler Pro subscription | -38.09% | | Borrowings | Details available with Tofler Pro subscription | 76.18% | | Assets | Details available with Tofler Pro subscription | 59.89% | | Gross Margin | Details available with Tofler Pro subscription | -4.31 | | Operating Margin | Details available with Tofler Pro subscription | -8.95 | | Net Profit Margin | Details available with Tofler Pro subscription | -8.22 | | Return on Equity | Details available with Tofler Pro subscription | -54.08 | | ROCE | Details available with Tofler Pro subscription | -67.15 | | Debt to Equity | Details available with Tofler Pro subscription | 1.0 |
Key Metrics

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

Total Revenue
16.55%
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EBITDA
-
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Net Profit
-
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Networth
-38.09%
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Borrowings
76.18%
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Assets
59.89%
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Gross Margin
-4.31
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Operating Margin
-8.95
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Net Profit Margin
-8.22
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Return on Equity
-54.08
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ROCE
-67.15
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Debt to Equity
1.0
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Sales
Mar 2023
Net worth
Mar 2023

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* GST not included

** Reports & MCA filings will be based on the latest available financials.

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Locations

indian flag India (12)
State Type Address

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People

Designation Name DIN/PAN Tenure
Managing Director Naveen Munjal
Shareholder
00084789 15 years
Director Rupa Ghosh 10761584 1 years

Financial Highlights

** All numbers in INR crores
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Margins

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Balance Sheet

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Total assets

Charges on assets

Bank wise
Charges
1

THE BANK OF BARODA LIMITED

No. of Loans: 1

Total Amount : 130.0 cr

2

HDFC Bank Limited

No. of Loans: 2

Total Amount : 96.0 cr

3

Kotak Mahindra Bank Limited

No. of Loans: 3

Total Amount : 92.0 cr

4

IDFC First Bank Limited

No. of Loans: 2

Total Amount : 60.0 cr

5

The South Indian Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

6

IndusInd Bank Limited

No. of Loans: 1

Total Amount : 40.0 cr

7

VIVRITI CAPITAL PRIVATE LIMITED

No. of Loans: 1

Total Amount : 30.0 cr

8

RBL Bank Limited

No. of Loans: 1

Total Amount : 11.0 cr

9

-

No. of Loans: 1

Total Amount : 10.0 cr

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Charges

THE BANK OF BARODA LIMITED
HDFC Bank Limited
Kotak Mahindra Bank Limited
IDFC First Bank Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
HERO ECO VENTURES PRIVATE LIMITED
Active
1.0 L 1 Delhi
WINN BIKES PRIVATE LIMITED
Active
1.0 L 1 Delhi
MUNJAL INVESTMENTS PVT LTD
Active
36.7 L 1 Punjab
MEDIVA HEALTH CARE PRIVATE LIMITED
Active
1.0 L 1 Delhi
VENUS SOFT SOLUTION PRIVATE LIMITED.
Strike Off
1.0 L 1 Delhi
PROVIDENCE BUILDTECH PRIVATE LIMITED
Active
12.0 Cr 1 Delhi
MANDOLIN PROPBUILD PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
KROSS BIKES PRIVATE LIMITED
Active
1.0 L 1 Punjab
FAIRWELL ENGINEERS PRIVATE LIMITED
Active
1.0 L 1 Delhi
PROVIDENCE HEALTHCARE PRIVATE LIMITED
Strike Off
0.0 1 Delhi
HERO DNM PORTFOLIO PRIVATE LIMITED
Strike Off
10.0 L 1 Delhi
RITMAY BUILDERS PRIVATE LIMITED
Active
5.0 L 1 Delhi

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
HERO ECO LIMITED British Indian Ocean Territory - -

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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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Registered Details

CIN

U34200DL2010PTC206520

PAN

AACCH4708F

Incorporation

2010, 15.1 years

Company Email

cs.electric@heroeco.com

Paid up Capital

₹ 68.8 Cr

Authorised Capital

₹ 76.5 Cr

AGM

Apr 2024

Type

Private
Others

FAQ - HERO ELECTRIC VEHICLES PRIVATE LIMITED

What is the incorporation date of HERO ELECTRIC VEHICLES PRIVATE LIMITED?

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The incorporation date of HERO ELECTRIC VEHICLES PRIVATE LIMITED is 31 July, 2010

What is the authorized share capital of HERO ELECTRIC VEHICLES PRIVATE LIMITED?

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The authorized share capital of HERO ELECTRIC VEHICLES PRIVATE LIMITED is INR ₹ 76.5 Cr.

What is the paid-up capital of HERO ELECTRIC VEHICLES PRIVATE LIMITED?

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The paid-up capital of HERO ELECTRIC VEHICLES PRIVATE LIMITED is INR ₹ 68.8 Cr.

What is the registered address of HERO ELECTRIC VEHICLES PRIVATE LIMITED?

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The registered address of HERO ELECTRIC VEHICLES PRIVATE LIMITED is 50, Okhla Industrial Estate, Phase III, New Delhi, Delhi, India, 110020 - 110020

What is the CIN number of HERO ELECTRIC VEHICLES PRIVATE LIMITED?

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The CIN number of HERO ELECTRIC VEHICLES PRIVATE LIMITED is U34200DL2010PTC206520.

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