Banco Products (India) Profile
Key Indicators
- Authorised Capital ₹ 30.40 Cr
as on 19-06-2024
- Paid Up Capital ₹ 14.30 Cr
as on 19-06-2024
- Company Age 63 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.00 Cr
as on 19-06-2024
- Satisfied Charges ₹ 335.95 Cr
as on 19-06-2024
- Revenue 37.82%
(FY 2023)
- Profit 186.68%
(FY 2023)
- Ebitda 68.20%
(FY 2023)
- Net Worth 6.60%
(FY 2023)
- Total Assets 7.53%
(FY 2023)
About Banco Products (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 & Oil Seals Private 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 2023. It's a company limited by shares with an authorized capital of Rs 30.40 Cr and a paid-up capital of Rs 14.30 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 Himali Patel as CFO and Pooja Gurnani as Company Secretary. Tarak Patel, Mukesh Patel, Devesh Pathak, and Seven other members serve as directors at the Company.
- 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
22 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Banco Products (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Himali Patel  | CFO | 13-Feb-2015 | Current |
| Pooja Gurnani | Company Secretary | 14-Aug-2021 | Current |
Board Members(10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramkisan Devidayal | Director | 30-Jul-2001 | Current |
| Tarak Patel | Director | 14-Feb-2024 | Current |
| Mukesh Patel | Director | 27-Mar-2009 | Current |
| Devesh Pathak | Director | 13-Feb-2015 | Current |
| Udayan Patel | Director | 13-Feb-2015 | Current |
| Ameeta Manohar | Director | 25-Apr-2020 | Current |
Financial Performance and Corporate Structure Insights of Banco Products (India).
Banco Products (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.82% increase. The company also saw a substantial improvement in profitability, with a 186.68% increase in profit. The company's net worth moved up by a moderate rise of 6.6%.
- 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 2023, Banco Products (India) had a promoter holding of 67.88% and a public holding of 32.12%. 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)
_LIMITED.webp)
Banco Gaskets (India) LimitedActive 13 years 3 monthsMehul Patel and Shivam Patel are mutual person
_LIMITED.webp)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of Baroda Creation Date: 23 Mar 2015 | ₹10.00 Cr | Open |
State Bank Of India Creation Date: 09 Mar 2015 | ₹10.00 Cr | Open |
Hdfc Bank Limited Creation Date: 24 Feb 2015 | ₹10.00 Cr | Open |
How Many Employees Work at Banco Products (India)?
Banco Products (India) has a workforce of 725 employees as of Apr 06, 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 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.
