Banco New Energy Cooling Systems Limited

Manufactures and distributes heat exchangers for EVs and industrial use.

2021 | Vadodara, Gujarat (India) | Active
Last Updated: January 09, 2025

Banco New Energy Cooling Systems Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 40.00 Cr
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.50 Cr
  • Revenue Growth 7028.30%
  • Profit Growth -116.21%
  • Ebitda -164.50%
  • Net Worth 84.41%
  • Total Assets 269.45%

About Banco New Energy Cooling Systems

Banco New Energy Cooling Systems Limited (BNECSL) is a Public Limited Indian Non-Government Company incorporated in India on 17 May 2021 (Three years and nine months 8 days old ). 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 40.00 Cr and a paid-up capital of Rs 40.00 Cr.

The company currently has active open charges totaling ₹9.50 Cr.

The Key Managerial Personnel (KMP) at Banco New Energy Cooling Systems Limited India is Dinesh Kavthekar as COMPANY SECRETARY. Mayank Vyas, Upendra Joshi, Sharan Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bancoindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309GJ2021PLC122673

  • Company No.

    122673

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 May 2021

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Banco New Energy Cooling Systems?

Executive Team (1)

NameDesignationAppointment DateStatus
Dinesh Kavthekar Company Secretary08-Apr-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Mayank Vyas Country flag representing In Director 29-Jan-2024Current
Upendra Joshi Country flag representing In Director 17-May-2021Current
Sharan Patel Country flag representing In Director 17-May-2021Current
Sachin Kotak Country flag representing In Director 17-May-2021Current
Pranavbhai Dave Country flag representing In Whole-Time Director 21-Mar-2024Current

Financial Performance of Banco New Energy Cooling Systems.

Banco New Energy Cooling Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 7028.3% increase. The company also saw a substantial fall in profitability, with a 116.21% decrease in profit. The company's net worth Soared by an impressive increase of 84.41%.

Graph illustrating revenue growth over time
Graph showing 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
7028.30%
Revenue from Operations
Total Assets
269.45%
Profit or Loss
-116.21%
Net Worth
84.41%
EBITDA
-164.50%

What is the Ownership and Shareholding Structure of Banco New Energy Cooling Systems?

In 2023, Banco New Energy Cooling Systems 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

₹9.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2022Hdfc Bank Limited₹9.50 CrOpen

How Many Employees Work at Banco New Energy Cooling Systems?

Unlock and access historical data on people associated with Banco New Energy Cooling Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Banco New Energy Cooling Systems, 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 New Energy Cooling Systems'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 New Energy Cooling Systems

Recent activity within the organization

  • Annual General Meeting

    Banco New Energy Cooling Systems Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Director Appointment

    Dinesh Dattatraya Kavthekar was appointed as a Company Secretary was appointed as a Company Secretary on 08 Apr 2024 & has been associated with this company since 10 months 16 days .

    08 Apr 2024

  • Balance Sheet

    Banco New Energy Cooling Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Pranavbhai Kishorbhai Dave was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Mar 2024 & has been associated with this company since 11 months 4 days .

    21 Mar 2024

  • Director Appointment

    Mayank Jayantilal Vyas was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 25 days .

    29 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.50 Cr with Charge ID 100585135 was registered on 27 May 2022.

    27 May 2022

Frequently asked questions

  • Banco New Energy Cooling Systems Limited was incorporated on 17 May 2021.

  • The authorized share capital of Banco New Energy Cooling Systems Limited is ₹ 40.00 Cr and paid-up capital is ₹ 40.00 Cr.

  • Currently 6 directors are associated with Banco New Energy Cooling Systems Limited.

    • Mayank Jayantilal Vyas
    • Upendra Raghunath Joshi
    • Sharan Mehul Patel
    • Sachin Jayantilal Kotak
    • Pranavbhai Kishorbhai Dave
    • Dinesh Dattatraya Kavthekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Banco New Energy Cooling Systems Limited is Bil Near Bhaili Railway Station Padra Road, India, Vadodara, Gujarat, 391410.

  • The corporate identification number (CIN) of Banco New Energy Cooling Systems Limited is U29309GJ2021PLC122673 and the company number is 122673 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Banco New Energy Cooling Systems Limited is https://www.bancoindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Banco New Energy Cooling Systems Limited has risen by 7028.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Banco New Energy Cooling Systems Limited has experienced an upsurge of 84.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Banco New Energy Cooling Systems Limited amount to ₹ 9.50 Cr.

  • The most recent Balance Sheet for Banco New Energy Cooling Systems Limited was filed with the ROC on 31 Mar 2024.

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