Banco Aluminium Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.28 Cr
- Company Age 57 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 115.19 Cr
- Satisfied Charges ₹ 64.25 Cr
- Revenue Growth 4.23%
- Profit Growth -50.31%
- Ebitda -45.42%
- Net Worth 12.00%
- Total Assets -0.42%
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 two 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 Shethiya Vijay as CFO and Tripti Shah as Company Secretary. Vimal Patel, Deepti Sharma, Pravinchandra Shah, 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
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 |
|---|---|---|---|
Vimal Patel  | Director | 01-Nov-1995 | Current |
| Deepti Sharma | Director | 07-Aug-2018 | Current |
| Pravinchandra Shah | Director | 23-Jun-2015 | Current |
| Hemendra Patel | Whole-Time Director | 31-Jan-2018 | Current |
| Rachana Patel | Director | 22-Aug-2018 | Current |
Financial Performance 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
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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)
Uttar Gujarat Vij Company LimitedDeepti Sharma is a mutual person
Bundy India LimitedDeepti Sharma is a mutual person
Axtel Industries LimitedDeepti Sharma is a mutual person
Panasonic Energy India Company LimitedDeepti Sharma is a mutual person
Patel Infrastructure LimitedDeepti Sharma is a mutual person
Finncare India Consulting LlpDeepti Sharma is a mutual person
Charges (Loans)
₹115.19 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Feb 2022 | Others | ₹38.00 Cr | Open |
| 22 Feb 2022 | Hdfc Bank Limited | ₹1.19 Cr | Open |
| 24 Mar 2021 | Hdfc Bank Limited | ₹29.00 Cr | Open |
| 06 Jan 2015 | Others | ₹25.00 Cr | Open |
| 10 Mar 2014 | Hdfc Bank Limited | ₹12.00 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.
