Hero Cycles Limited

Hero Cycles Limited

Company limited by shares (2) 2755+ employees

Hero Cycles Limited Description

Hero Cycles Ltd was established in the year 1956 and has its headquarters in Ludhiana, Punjab. It is a manufacturer of bicycles and bicycle related products. The managing Director of Hero Cycles. It initially started with manufacturing cycle components. At present, the company is one of the world's largest manufacturer of bicycles and producing 19,000 cycles per day. The company based in Ludhiana, is fully equipped with in house research and development facilities. Their most modern and sprawling unit in Ludhiana produces all major components that include frame, fork, rims, handle and mudguards and many such things within their premises under strict quality parameters that match the global standards. They were also the first to introduce aluminum frame bicycles in India. The company has over 250 suppliers network, approx. 2800 dealerships & over 4,300 employees and moreover ISO 9001 & ISO 14001 certification from BVC of UK and recognized R&D department by the Govt. of India. Hero Cycles has also entered into Mid Premium, Premium & Super Premium segment under the brand names Hero Sprint, Hero Sprint Pro & UT. As part of its strategy to further cement its position in the fast-growing premium cycling segment in India Hero Cycles recently also acquired Firefox Bikes, India’s largest premium bicycle brand. Presently, Hero Cycles is exporting to many countries under the brand name HAWK is known for its ‘mass appeal’ & ‘cost leadership’. The company has also stated the acquisition of majority stake in Avocet Sports Limited, to mark its entry into the high-value cycle market in Europe as part of its aggressive growth plans in Europe. Recently the company has also acquired a majority stake in Sri Lanka’s leading bicycle manufacturer BSH Ventures, further boosting its manufacturing capacity

Hero Cycles Limited Overview

492+ employees
Company limited by shares
Indian Non-Government Company
aksingh@herocycles.com, ss@herocycles.com
29 Aug,1966
ISO 9001
1 Related OEMs
1 No. of plants

Company Breakup

Name share
Bodies Corporate
Total Number Of Shareholders 2

Directors of Hero Cycles Limited

Name DIN Email Designation Date of joining
Abhishek Munjal Unlock to View Unlock to View Wholetime Director 16 Nov,2019
Aditya Munjal Unlock to View Unlock to View Wholetime Director 16 Nov,2019
Amit Gupta Unlock to View Unlock to View Wholetime Director 25 Sep,2019
Tarun Vohra Unlock to View Unlock to View Director 14 Mar,2019
Yogesh Chander Munjal Unlock to View Unlock to View Director 17 Nov,2015
Pratibha Goyal Unlock to View Unlock to View Director 16 Jul,2015
Pankaj Munjal Unlock to View Unlock to View Director 01 Jun,2006
Shashi Kant Rai Unlock to View Unlock to View Managing Director 13 Jan,1986

Hero Cycles Limited deals in:


"Other" comprises of components and services that might not be core to automotive segment, but a very important segment. Sub-parts for this are - other ammunition hardware (for automobiles), other auto parts (aftermarket), other automotive components, other sheet metal automotive components, other different components as per drawing and specifications, along with other engineering goods.

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