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HERO ELECTRIC VEHICLES PRIVATE LIMITED

Hero Electric

U34200DL2010PTC206520

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees830
  • Founded Year 1993
  • Company StagePrivate Limited Company
  • Total Funding₹425.66 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Hero Electric

HERO Electric is a pioneer and market leader in the Indian Electric Two- Wheeler Industry which provides Eco-friendly and Cost-effective mode of personalized transportation with its diverse range of Electric Two-Wheelers.

HERO Electric offers a wide range of High Range and High Speed Electric Two-Wheelers manufactured in its state-of-the-art manufacturing facility at Ludhiana and has a widespread network of Exclusive Sales and Service outlets across the country.

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Hero Electric Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹425.66 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • OAKS, V'ocean, Camil
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Hero Electric Financial Details
Financial Highlights
FY 2021-22 Revenue₹852.39 Cr
FY 2021-22 Expenses₹893.11 Cr
FY 2021-22 Profit/Loss-₹29.96 Cr
Net Cash Flow From Operations-₹261.08 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Hero Electric Key People
People Metrics
Current Core Team3
Board Members/Directors6

Core Team

SS
Sohinder Singh GillCEO
NM
Naveen MunjalManaging Director
HK
Hemanth KundavaramCFO

Board Members/Directors

GM
Gaurav MunjalDirector
VK
Vijay Kumar MunjalDirector
SV
Sridhar VenkiteshwaranDirector
VM
Vandana MunjalDirector
VR
Vishal Ramesh OotamNominee Director
PG
Pankaj GuptaNominee Director
Hero Electric Documents

AY - 2019-20

Profit and Loss statement - Hero Electric - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Hero Electric for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Hero Electric - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Hero Electric for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Hero Electric - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Hero Electric for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Hero Electric - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Hero Electric for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Hero Electric - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Hero Electric for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Hero Electric - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Hero Electric for FY 2021-22.
₹249.00 ₹498.00

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