Banco Products (India) Profile
Key Indicators
- Authorised Capital ₹ 30.40 Cr
- Paid Up Capital ₹ 28.61 Cr
- Company Age 64 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 335.95 Cr
- Revenue Growth 1.54%
- Profit Growth 3.94%
- Ebitda 6.22%
- Net Worth 1.58%
- Total Assets 1.37%
About Banco Products (India)
Banco Products (India) Limited (BPIL) was founded in India on 16 March 1961 and has a glorious history of 64 years and one month. Its registered office is in Vadodara, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500039 and on the National Stock Exchange(NSE) under BANCOINDIA.
The Corporate was formerly known as Gaskets & Radiators Limited. The Company is engaged in the Automotive 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 30.40 Cr and a paid-up capital of Rs 28.61 Cr.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹335.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Banco Products (India) Limited India are Preeti Yadav as COMPANY SECRETARY and Himali Patel as Cfo. Tarak Patel, Pranav Patel, Ameeta Manohar, and Five 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
L51100GJ1961PLC001039
- Company No.
001039
- Stock Symbol
BSE : 500039 NSE : BANCOINDIA
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Mar 1961
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Automotive
What products or services does Banco Products (India) Limited offer?
Banco Products (India) Limited offers a wide range of products and services, including Rubber Gaskets and Gasket Material, Gasket Sheet, Radiators & Accessories, Vehicle Radiators, Oil Coolers, Engine & Engine Spare Parts, Engine Components, Industrial Coolers, Blowers & Fans, Industrial Air Cooler, Gaskets.
Banco Products (India) Limited
Explore comprehensive data for Banco Products (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Banco Products (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Preeti Yadav | Company Secretary | 16-Nov-2024 | Current |
Himali Patel  | CFO | 13-Feb-2015 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tarak Patel | Director | 05-Feb-2024 | Current |
| Pranav Patel | Additional Director | 08-Feb-2025 | Current |
| Ameeta Manohar | Director | 25-Apr-2020 | Current |
| Anand Majmudar | Additional Director | 08-Feb-2025 | Current |
| Himali Patel | Whole-Time Director and Cfo | 13-Feb-2015 | Current |
Shivam Patel  | Director | 07-Aug-2023 | Current |
Financial Performance of Banco Products (India).
Banco Products (India) Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 1.54% increase. The company also saw a slight improvement in profitability, with a 3.94% increase in profit. The company's net worth moved up by a moderate rise of 1.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Banco Products (India)?
In 2024, Banco Products (India) had a promoter holding of 67.88% and a public holding of 32.10%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tarak Chemicals LimitedTarak Patel is a mutual person
_LIMITED.webp)
Banco Gaskets (India) LimitedShivam Patel and Mehul Patel are mutual person
Banco FoundationSharan Patel and Mehul Patel are mutual person
United Baroda FoundationTarak Patel is a mutual person
- Vijay Flexible Containers Private Limited
Pranav Patel is a mutual person
Charges (Loans)
Open Charges
₹30.00 Cr
Satisfied Charges
₹335.95 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.00 Cr
- State Bank Of India : 10.00 Cr
- Bank Of Baroda : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2015 | Bank Of Baroda | ₹10.00 Cr | Open |
| 09 Mar 2015 | State Bank Of India | ₹10.00 Cr | Open |
| 24 Feb 2015 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 17 Mar 2015 | Standard Chartered Bank | ₹10.00 Cr | Satisfied |
| 31 Jan 2014 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Banco Products (India)?
Banco Products (India) has a workforce of 758 employees as of Feb 25, 2025. 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 Products (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 Products (India)'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.
Latest Updates, News, and FAQs on Banco Products (India)
Recent activity within the organization
- Director Appointment
Pranav Rohit Patel was appointed as a Additional Director was appointed as a Additional Director on 08 Feb 2025 & has been associated with this company since 2 months 27 days .
- Director Appointment
Anand Majmudar was appointed as a Additional Director was appointed as a Additional Director on 08 Feb 2025 & has been associated with this company since 2 months 27 days .
- Director Appointment
Preeti Yadav was appointed as a Company Secretary was appointed as a Company Secretary on 16 Nov 2024 & has been associated with this company since 5 months 19 days .
- Annual General Meeting
Banco Products (India) Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Balance Sheet
Banco Products (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Tarak Atulbhai Patel was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 1 year 3 months .
Recent News, Updates & Announcement
- Banco Products India Q3 FY24 Results Live: Profit Falls by 30.45% YoY | Mint.
Banco Products India's Q3 FY24 results: topline up 12.09%, profit down 30.45% YoY. Revenue down 21.24%, profit up 3.34% from last quarter. Expenses up 10.16% q-o-q, 34.55% Y-o-Y. Operating income down 32.2% q-o-q, 43.03% Y-o-Y. EPS ₹9.55, down 30.44% YoY. Market cap ₹4736.68 Cr, 52wk high/low ₹733.95/₹194.5. Dividend of ₹20.0 declared, record date 16 Feb, ex-dividend date 16 Feb. Keep track of results with our calendar." #BancoProductsIndia #Q3FY24 #Results #Dividend #StayUpdated.
Frequently asked questions
What is the Incorporation or founding date of Banco Products (India) Limited?
Banco Products (India) Limited was incorporated on 16 Mar 1961.
What is authorized share capital and paid-up capital of Banco Products (India) Limited?
The authorized share capital of Banco Products (India) Limited is ₹ 30.40 Cr and paid-up capital is ₹ 28.61 Cr.
Who are the current board members & directors of Banco Products (India) Limited?
Currently 10 directors are associated with Banco Products (India) Limited.
- Tarak Atulbhai Patel
- Pranav Rohit Patel
- Ameeta Vikas Manohar
- Anand Majmudar
- Himali Harnish Patel
- Preeti Yadav
- Himali Harnish Patel
- Shivam Mehul Patel
- Sharan Mehul Patel
- Mehul K Patel
What is the registered address of Banco Products (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Banco Products (India) Limited is Bil, Near Bhaili Railway Station Padra Road India, Dist. Baroda, Gujarat, 391410.
What is the corporate identification number (CIN) and company number of Banco Products (India) Limited?
The corporate identification number (CIN) of Banco Products (India) Limited is L51100GJ1961PLC001039 and the company number is 001039 as per Ministry of Corporate Affairs (MCA).
Is Banco Products (India) Limited registered with any stock exchange in India?
Yes, Banco Products (India) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BANCOINDIA.
What is the official website of Banco Products (India) Limited?
The Official website of Banco Products (India) Limited is https://www.bancoindia.com
What has been the recent revenue trend for Banco Products (India) Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Banco Products (India) Limited has risen by 1.54%.
How many employees does Banco Products (India) Limited currently have?
As Per 2024 financial reports, 758 employees are currently employed by Banco Products (India) Limited.
What change has been observed in the net worth of Banco Products (India) Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Banco Products (India) Limited has experienced an upsurge of 1.58%.
What are the total open charges for Banco Products (India) Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Banco Products (India) Limited amount to ₹ 30.00 Cr.
When was the last Balance Sheet of Banco Products (India) Limited filed with the ROC?
The most recent Balance Sheet for Banco Products (India) Limited was filed with the ROC on 31 Mar 2024.
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