Banco Foundation

Founded in 1968 and headquartered in Gujarat, India.

1968 | Vadodara, Gujarat (India) | Active
Last Updated:

Banco Foundation Profile

Key Indicators

  • Company Age 57 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 3.35%
  • Profit Growth 76.20%
  • Ebitda 6.02%
  • Net Worth -0.23%
  • Total Assets -0.19%

About Banco Foundation

Banco Foundation (BF) was founded in India on 01 March 1968 and has a glorious history of 57 years and two months.Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Education & Learing 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 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

Mehul Patel, Manish Dave, Upendra Joshi, and One other member 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

    U74990GJ1968NPL001494

  • Company No.

    001494

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    01 Mar 1968

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Education & Learing
Company report

Banco Foundation

Explore comprehensive data for Banco Foundation, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Banco Foundation?

Board Members (4)

NameDesignationAppointment DateStatus
Mehul Patel Country flag representing In Director 01-Sep-1998Current
Manish Dave Country flag representing In Director 12-Dec-2022Current
Upendra Joshi Country flag representing In Director 12-Dec-2022Current
Sharan Patel Country flag representing In Director 12-Dec-2022Current

Financial Performance of Banco Foundation.

Banco Foundation, for the financial year ended 2020, experienced modest growth in revenue, with a 3.35% increase. The company also saw a substantial improvement in profitability, with a 76.2% increase in profit. The company's net worth dipped by a decrease of 0.23%.

Banco Foundation revenue growth over time
Banco Foundation 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
3.35%
Revenue from Operations
Total Assets
-0.19%
Profit or Loss
76.20%
Net Worth
-0.23%
EBITDA
6.02%

What is the Ownership and Shareholding Structure of Banco Foundation?

Unlock access to Banco Foundation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Banco Foundation?

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Employee growth trends for Banco Foundation

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Banco Foundation, 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 Foundation's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Banco Foundation

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Manish Ashokbhai Dave was appointed as a Director was appointed as a Director on 12 Dec 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Upendra Raghunath Joshi was appointed as a Director was appointed as a Director on 12 Dec 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Sharan Mehul Patel was appointed as a Director was appointed as a Director on 12 Dec 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Mehul K Patel was appointed as a Director was appointed as a Director on 01 Sep 1998 & has been associated with this company since 26 years 8 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Banco Foundation?

    Banco Foundation was incorporated on 01 Mar 1968.

  • What is authorized share capital and paid-up capital of Banco Foundation?

    The authorized share capital of Banco Foundation is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Who are the current board members & directors of Banco Foundation?

    Currently 4 directors are associated with Banco Foundation.

    • Mehul K Patel
    • Manish Ashokbhai Dave
    • Upendra Raghunath Joshi
    • Sharan Mehul Patel

  • What is the registered address of Banco Foundation?

    As per Ministry of Corporate Affairs (Mca), the registered address of Banco Foundation is Bil Nr.Bhaill Railway Station Padra Road, India, Baroda, Gujarat, 391410.

  • What is the corporate identification number (CIN) and company number of Banco Foundation?

    The corporate identification number (CIN) of Banco Foundation is U74990GJ1968NPL001494 and the company number is 001494 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Banco Foundation?

    The Official website of Banco Foundation is https://www.bancoindia.com

  • What has been the recent revenue trend for Banco Foundation?

    According to the financial reports for the fiscal year 2020, the revenue trend for Banco Foundation has risen by 3.35%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Banco Foundation has experienced an downturn of -0.23%.

  • When was the last Balance Sheet of Banco Foundation filed with the ROC?

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

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