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ActiveLudhiana, PunjabSince 1998

Hero Motors Limited

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Set up in 1998 in Ludhiana. It has pledged its assets against loans of up to ₹593.34 crore from 4 lenders.

CINU29299PB1998PLC039602
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28 years at a glance

Loans against its assets, and when today's people joined

20002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyPunjab National Bank, up to ₹8.15 crore, 3 Jul 2001 to 19 Oct 2010Uti Bank Limited, up to ₹22 crore, 27 Mar 2003 to 29 Sept 2005Punjab National Bank, up to ₹2.2 crore, 28 Oct 2004 to 19 Oct 2010Punjab National Bank, up to ₹5.44 crore, 18 Nov 2004 to 19 Oct 2010Punjab National Bank, up to ₹5 crore, 31 Jan 2005 to 6 Sept 2005Uti Bank Limited, up to ₹20 lakh, 5 Feb 2005 to 15 Oct 2010Uti Bank Limited, up to ₹20 lakh, 15 Feb 2005 to 29 Sept 2005Citi Bank N. A., up to ₹1.25 crore, 28 Feb 2005 to 11 Oct 2010Punjab National Bank, up to ₹6.38 crore, 1 Mar 2005 to 19 Oct 2010Punjab National Bank, up to ₹8.8 crore, 18 Mar 2005 to 19 Oct 2010Punjab National Bank, up to ₹20 lakh, 18 Mar 2005 to 19 Oct 2010Citi Bank N.A., up to ₹50 crore, 5 Sept 2005 to 10 May 2010Punjab National Bank, up to ₹25.37 crore, 21 Oct 2005 to 10 Jul 2012Axis Bank Limited, up to ₹10 crore, 10 Mar 2006 to 30 Aug 2010Allahabad Bank, up to ₹40 crore, 9 Jan 2007 to 12 Jan 2009Canara Bank, up to ₹13.98 lakh, 10 May 2007 to 25 Sept 2009Canara Bank, up to ₹16.84 lakh, 6 Aug 2007 to 25 Sept 2009Bank of India, up to ₹40 crore, 23 Aug 2008 to 21 Feb 2011Canara Bank, up to ₹10.18 crore, 17 Feb 2009 to 10 Oct 2012Lakshmi Vilas Bank Limited, up to ₹15 crore, 4 Mar 2009 to 16 Dec 2009Canara Bank, up to ₹83 lakh, 25 Nov 2009 to 12 Jan 2012Lakshmi Vilas Bank Limited, up to ₹30 crore, 30 Nov 2009 to 3 Mar 2011The Catholic Syrian Bank Ltd., up to ₹20 crore, 7 Apr 2011 to 20 Feb 2016Indusind Bank Ltd., up to ₹20 crore, 23 Aug 2011 to 29 Aug 2013State Bank of India, up to ₹21.65 crore, 15 Mar 2012 to 26 Aug 2016State Bank of India, up to ₹16.55 crore, 15 Mar 2012 to 29 Jan 2013The Catholic Syrian Bank Limited, up to ₹32 crore, 10 Nov 2012 to 18 Jul 2016State Bank of India, up to ₹35 crore, 8 May 2013 to 26 Aug 2016Small Industries Development Bank of India, up to ₹4 crore, 3 Apr 2014 to 22 Mar 2023Axis Bank Limited, up to ₹175 crore, 10 Nov 2022 to still openAxis Bank Limited, up to ₹35 crore, 2 Dec 2022 to still openAxis Bank Limited, up to ₹29.35 crore, 21 Jul 2023 to still openKotak Mahindra Bank Limited, up to ₹53 crore, 6 Sept 2023 to still openAxis Bank Limited, up to ₹25 crore, 30 Nov 2023 to still openKotak Mahindra Bank Limited, up to ₹25 crore, 14 Dec 2023 to still openICICI Bank Limited, up to ₹40 crore, 26 Apr 2024 to still openStandard Chartered Bank, up to ₹47.85 crore, 23 Sept 2024 to still openStandard Chartered Bank, up to ₹33.14 crore, 23 Sept 2024 to still openICICI Bank Limited, up to ₹90 crore, 13 Nov 2024 to still openAxis Bank Limited, up to ₹40 crore, 13 Aug 2025 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1998Registered as a company on 30 Apr 1998.
  • 2022Its biggest loan against assets, ₹175 crore with Axis Bank Limited, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹593.34 crorein loans backed by its assets, from 4 lenders

  • Axis Bank Limited₹304.35 crore

    5 open loans, taken out 2022 to 2025

  • ICICI Bank Limited₹130 crore

    2 open loans, taken out in 2024

  • Standard Chartered Bank₹80.99 crore

    2 open loans, taken out 23 Sept 2024

  • Kotak Mahindra Bank Limited₹78 crore

    2 open loans, taken out in 2023

29 earlier loans, now paid off
  • Small Industries Development Bank of India3 Apr 2014 to 22 Mar 2023₹4 crore
  • State Bank of India8 May 2013 to 26 Aug 2016₹35 crore
  • The Catholic Syrian Bank Limited10 Nov 2012 to 18 Jul 2016₹32 crore
  • State Bank of India15 Mar 2012 to 26 Aug 2016₹21.65 crore
  • State Bank of India15 Mar 2012 to 29 Jan 2013₹16.55 crore
  • Indusind Bank Ltd.23 Aug 2011 to 29 Aug 2013₹20 crore
  • The Catholic Syrian Bank Ltd.7 Apr 2011 to 20 Feb 2016₹20 crore
  • Lakshmi Vilas Bank Limited30 Nov 2009 to 3 Mar 2011₹30 crore
  • Canara Bank25 Nov 2009 to 12 Jan 2012₹83 lakh
  • Lakshmi Vilas Bank Limited4 Mar 2009 to 16 Dec 2009₹15 crore
  • Canara Bank17 Feb 2009 to 10 Oct 2012₹10.18 crore
  • Bank of India23 Aug 2008 to 21 Feb 2011₹40 crore
  • Canara Bank6 Aug 2007 to 25 Sept 2009₹16.84 lakh
  • Canara Bank10 May 2007 to 25 Sept 2009₹13.98 lakh
  • Allahabad Bank9 Jan 2007 to 12 Jan 2009₹40 crore
  • Axis Bank Limited10 Mar 2006 to 30 Aug 2010₹10 crore
  • Punjab National Bank21 Oct 2005 to 10 Jul 2012₹25.37 crore
  • Citi Bank N.A.5 Sept 2005 to 10 May 2010₹50 crore
  • Punjab National Bank18 Mar 2005 to 19 Oct 2010₹8.8 crore
  • Punjab National Bank18 Mar 2005 to 19 Oct 2010₹20 lakh
  • Punjab National Bank1 Mar 2005 to 19 Oct 2010₹6.38 crore
  • Citi Bank N. A.28 Feb 2005 to 11 Oct 2010₹1.25 crore
  • Uti Bank Limited15 Feb 2005 to 29 Sept 2005₹20 lakh
  • Uti Bank Limited5 Feb 2005 to 15 Oct 2010₹20 lakh
  • Punjab National Bank31 Jan 2005 to 6 Sept 2005₹5 crore
  • Punjab National Bank18 Nov 2004 to 19 Oct 2010₹5.44 crore
  • Punjab National Bank28 Oct 2004 to 19 Oct 2010₹2.2 crore
  • Uti Bank Limited27 Mar 2003 to 29 Sept 2005₹22 crore
  • Punjab National Bank3 Jul 2001 to 19 Oct 2010₹8.15 crore

What its filings add

Hero Motors files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.