Banco Aluminium Private Limited

Founded in 1967 and headquartered in Gujarat, India.

1967 | Vadodara, Gujarat (India) | Active
Last Updated:

Banco Aluminium Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.28 Cr
  • Company Age 57 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 115.19 Cr
  • Satisfied Charges ₹ 64.25 Cr
  • Revenue Growth 12.79%
  • Profit Growth -55.11%
  • Ebitda -29.97%
  • Net Worth 4.23%
  • Total Assets 6.39%

About Banco Aluminium

Banco Aluminium Private Limited (BAPL) was founded in India on 19 December 1967 and has a glorious history of 57 years and three months. Its registered office is in Vadodara, Gujarat, India.

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 Tripti Shah as COMPANY SECRETARY and Shethiya Vijay as Cfo. Hemendra Patel, Rachana Patel, Kush Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Manufacturing

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)

NameDesignationAppointment DateStatus
Tripti Shah Country flag representing In Company Secretary03-Jan-2022Current
Kush Patel Country flag representing Io Managing Director07-Aug-2018Current
Shethiya Vijay CFO13-Apr-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Hemendra Patel Country flag representing In Whole-Time Director 31-Jan-2018Current
Rachana Patel Country flag representing In Director 22-Aug-2018Current
Pravinchandra Shah Country flag representing In Director 23-Jun-2015Current
Deepti Sharma Country flag representing In Director 07-Aug-2018Current
Vimal Patel Country flag representing Gb Director 14-Nov-2018Current

Financial Performance of Banco Aluminium.

Banco Aluminium Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 12.79% increase. The company also saw a substantial fall in profitability, with a 55.11% decrease in profit. The company's net worth moved up by a moderate rise of 4.23%.

Banco Aluminium revenue growth over time
Banco Aluminium profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.79%
Revenue from Operations
12.21%
Total Assets
6.39%
Profit or Loss
-55.11%
Net Worth
4.23%
EBITDA
-29.97%

What is the Ownership and Shareholding Structure of Banco Aluminium?

In 2024, 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹115.19 Cr

Satisfied Charges

₹64.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 63.00 Cr
  • Hdfc Bank Limited : 42.19 Cr
  • State Bank Of India : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2022Others₹38.00 CrOpen
22 Feb 2022Hdfc Bank Limited₹1.19 CrOpen
24 Mar 2021Hdfc Bank Limited₹29.00 CrOpen
06 Jan 2015Others₹25.00 CrOpen
10 Mar 2014Hdfc Bank Limited₹12.00 CrOpen

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.

Employee growth trends for Banco Aluminium Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Banco Aluminium

Recent activity within the organization

  • Annual General Meeting

    Banco Aluminium Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Shethiya Vijay was appointed as a Cfo was appointed as a Cfo on 13 Apr 2024 & has been associated with this company since 11 months 14 days .

  • Balance Sheet

    Banco Aluminium Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 06 Jan 2015 with Charge ID 10545570 was modified on 02 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 38.00 Cr with Charge ID 100547100 was registered on 23 Feb 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.19 Cr with Charge ID 100543909 was registered on 22 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Banco Aluminium Private Limited?

    Banco Aluminium Private Limited was incorporated on 19 Dec 1967.

  • What is authorized share capital and paid-up capital of Banco Aluminium Private Limited?

    The authorized share capital of Banco Aluminium Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.28 Cr.

  • Who are the current board members & directors of Banco Aluminium Private Limited?

    Currently 8 directors are associated with Banco Aluminium Private Limited.

    • Hemendra Chandrakant Patel
    • Tripti Chirag Shah
    • Rachana Kush Patel
    • Kush Vimal Patel
    • Pravinchandra Gokaldas Shah
    • Deepti Sharma
    • Vimal Kanubhai Patel
    • Shethiya Vijay

  • What is the registered address of Banco Aluminium Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Banco Aluminium Private Limited is Bil, Near Bhalili Railway Station Padra Road India, Dist Baroda, Gujarat, 391410.

  • What is the corporate identification number (CIN) and company number of Banco Aluminium Private Limited?

    The corporate identification number (CIN) of Banco Aluminium Private Limited is U27310GJ1967PTC001483 and the company number is 001483 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Banco Aluminium Private Limited?

    The Official website of Banco Aluminium Private Limited is https://www.bancoaluminium.com

  • What has been the recent revenue trend for Banco Aluminium Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Banco Aluminium Private Limited has risen by 12.79%.

  • How many employees does Banco Aluminium Private Limited currently have?

    As Per 2024 financial reports, 243 employees are currently employed by Banco Aluminium Private Limited.

  • What change has been observed in the net worth of Banco Aluminium Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Banco Aluminium Private Limited has experienced an upsurge of 4.23%.

  • What are the total open charges for Banco Aluminium Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Banco Aluminium Private Limited amount to ₹ 115.19 Cr.

  • When was the last Balance Sheet of Banco Aluminium Private Limited filed with the ROC?

    The most recent Balance Sheet for Banco Aluminium Private Limited was filed with the ROC on 31 Mar 2024.

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