Banco Aluminium Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 7.28 Cr
as on 17-11-2024
- Company Age 57 Year,
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 115.19 Cr
as on 17-11-2024
- Satisfied Charges ₹ 64.25 Cr
as on 17-11-2024
- Revenue 4.23%
(FY 2023)
- Profit -50.31%
(FY 2023)
- Ebitda -46.11%
(FY 2023)
- Net Worth 12.00%
(FY 2023)
- Total Assets -0.42%
(FY 2023)
About Banco Aluminium
The Corporate was formerly known as Ideal Switchgear Accessories Ltd. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.28 Cr.
The company currently has active open charges totaling ₹115.19 Cr. The company has closed loans amounting to ₹64.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Banco Aluminium Private Limited India are Shethiya Vijay as CFO and Tripti Shah as Company Secretary. Kush Patel, Hemendra Patel, Rachana Patel, and Three other members serve as directors at the Company.
- CIN/LLPIN
U27310GJ1967PTC001483
- Company No.
001483
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Dec 1967
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Banco Aluminium Private Limited offer?
Banco Aluminium Private Limited offers a wide range of products and services, including Furniture Racks & Shelves, Racks & Stands, Brackets, Holder & Hardware Fittings, Metal Angles, Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Aluminium Profiles, Aluminum Section, Steel Bars, Flat Bars.
Who are the key members and board of directors at Banco Aluminium?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shethiya Vijay | CFO | 13-Apr-2024 | Current |
Kush Patel  | Managing Director | 07-Aug-2018 | Current |
Tripti Shah  | Company Secretary | 03-Jan-2022 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hemendra Patel | Whole-Time Director | 31-Jan-2018 | Current |
| Rachana Patel | Director | 22-Aug-2018 | Current |
| Pravinchandra Shah | Director | 23-Jun-2015 | Current |
| Deepti Sharma | Director | 07-Aug-2018 | Current |
Vimal Patel  | Director | 01-Nov-1995 | Current |
Financial Performance and Corporate Structure Insights of Banco Aluminium.
Banco Aluminium Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.23% increase. The company also saw a substantial fall in profitability, with a 50.31% decrease in profit. The company's net worth Soared by an impressive increase of 12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Banco Aluminium?
In 2023, Banco Aluminium had a promoter holding of 97.78% and a public holding of 2.22%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Balex Metals Private LimitedActive 2 years 10 monthsKush Patel, Hemendra Patel and 1 more are mutual person
- Ganpat Finvest Services Private LimitedActive 28 years 7 months
Pravinchandra Shah is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 23 Feb 2022 | ₹38.00 Cr | Open |
Hdfc Bank Limited Creation Date: 22 Feb 2022 | ₹1.19 Cr | Open |
Hdfc Bank Limited Creation Date: 24 Mar 2021 | ₹29.00 Cr | Open |
How Many Employees Work at Banco Aluminium?
Banco Aluminium has a workforce of 243 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Banco Aluminium, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Banco Aluminium's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
