Banco Gaskets (India) Limited

Manufacturer of gaskets for automotive and industrial use, ISO certified.

2011 | Vadodara, Gujarat (India) | Active
Last Updated:

Banco Gaskets (India) Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 35.00 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.00 Cr
  • Satisfied Charges ₹ 40.00 Cr
  • Revenue Growth 16.89%
  • Profit Growth 7.83%
  • Ebitda 3.80%
  • Net Worth -12.85%
  • Total Assets -8.37%

About Banco Gaskets (India)

Banco Gaskets (India) Limited (BGIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 2011 and has a history of 13 years and eight months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 35.00 Cr and a paid-up capital of Rs 35.00 Cr.

The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹40.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Banco Gaskets (India) Limited India is Aryan Jaju as CFO. Mayank Vyas, Shivam Patel, Chandan Das, 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

    U25199GJ2011PLC066886

  • Company No.

    066886

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2011

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Banco Gaskets (India) Limited offer?

Banco Gaskets (India) Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Vehicle Air Conditioning.

Company report

Banco Gaskets (India) Limited

Explore comprehensive data for Banco Gaskets (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Banco Gaskets (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Aryan Jaju CFO20-Feb-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Mayank Vyas Country flag representing In Director 13-Jan-2020Current
Shivam Patel Country flag representing Gb Director 14-Feb-2022Current
Chandan Das Country flag representing In Whole-Time Director 21-Jan-2022Current
Mehul Patel Country flag representing In Director 26-Aug-2011Current

Financial Performance of Banco Gaskets (India).

Banco Gaskets (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.89% increase. The company also saw a slight improvement in profitability, with a 7.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.85%.

Banco Gaskets (India) revenue growth over time
Banco Gaskets (India) 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
16.89%
Revenue from Operations
16.87%
Total Assets
-8.37%
Profit or Loss
7.83%
Net Worth
-12.85%
EBITDA
3.80%

What is the Ownership and Shareholding Structure of Banco Gaskets (India)?

In 2023, Banco Gaskets (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 Cr

Satisfied Charges

₹40.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.00 Cr
  • Kotak Mahindra Bank Limited : 10.00 Cr
  • Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Feb 2015Hdfc Bank Limited₹5.00 CrOpen
02 Feb 2015State Bank Of India₹10.00 CrOpen
30 Jan 2015Kotak Mahindra Bank Limited₹10.00 CrOpen
20 Sep 2012State Bank Of India - Lead Bank₹25.00 CrSatisfied
21 Jun 2012Kotak Mahindra Bank Limited₹15.00 CrSatisfied

How Many Employees Work at Banco Gaskets (India)?

Banco Gaskets (India) has a workforce of 199 employees as of Apr 05, 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 Gaskets (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Banco Gaskets (India), 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 Gaskets (India)'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 Gaskets (India)

Recent activity within the organization

  • Annual General Meeting

    Banco Gaskets (India) Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Banco Gaskets (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Aryan Kumar Jaju was appointed as a Cfo was appointed as a Cfo on 20 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Shivam Mehul Patel was appointed as a Director was appointed as a Director on 14 Feb 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Chandan Kumar Das was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Jan 2022 & has been associated with this company since 3 years 3 months .

  • Director Appointment

    Mayank Jayantilal Vyas was appointed as a Director was appointed as a Director on 13 Jan 2020 & has been associated with this company since 5 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Banco Gaskets (India) Limited?

    Banco Gaskets (India) Limited was incorporated on 26 Aug 2011.

  • What is authorized share capital and paid-up capital of Banco Gaskets (India) Limited?

    The authorized share capital of Banco Gaskets (India) Limited is ₹ 35.00 Cr and paid-up capital is ₹ 35.00 Cr.

  • Who are the current board members & directors of Banco Gaskets (India) Limited?

    Currently 5 directors are associated with Banco Gaskets (India) Limited.

    • Mayank Jayantilal Vyas
    • Aryan Kumar Jaju
    • Shivam Mehul Patel
    • Chandan Kumar Das
    • Mehul K Patel

  • What is the registered address of Banco Gaskets (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Banco Gaskets (India) Limited is Bil Near Bhaili Railway Station Padra Road, India, Vadodara, Gujarat, 391410.

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

    The corporate identification number (CIN) of Banco Gaskets (India) Limited is U25199GJ2011PLC066886 and the company number is 066886 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Banco Gaskets (India) Limited?

    The Official website of Banco Gaskets (India) Limited is https://www.bancogaskets.com

  • What has been the recent revenue trend for Banco Gaskets (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Banco Gaskets (India) Limited has risen by 16.89%.

  • How many employees does Banco Gaskets (India) Limited currently have?

    As Per 2023 financial reports, 199 employees are currently employed by Banco Gaskets (India) Limited.

  • What change has been observed in the net worth of Banco Gaskets (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Banco Gaskets (India) Limited has experienced an downturn of -12.85%.

  • What are the total open charges for Banco Gaskets (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Banco Gaskets (India) Limited amount to ₹ 25.00 Cr.

  • When was the last Balance Sheet of Banco Gaskets (India) Limited filed with the ROC?

    The most recent Balance Sheet for Banco Gaskets (India) Limited was filed with the ROC on 31 Mar 2024.

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