About Banco Products
Banco Products is a company based in Vadodara (India) founded in 1961.. The company has 3,700 employees as of March 31, 2024. Banco Products has completed 1 acquisition, including NRF. Banco Products operates in a competitive market with competitors including Nissens, TitanX, Grayson Thermal Systems, Modine Manufacturing Company and Granges, among others.
- Headquarter Vadodara, India
- Employees 3700 as on 31 Mar, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Banco Products (India) Limited
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Annual Revenue
$375.73 M (USD)16.07as on Mar 31, 2025
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Net Profit
$45.88 M (USD)44.37as on Mar 31, 2025
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EBITDA
$71.52 M (USD)41.98as on Mar 31, 2025
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Latest Funding Round
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Investors
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Employee Count
3700
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of Banco Products
Banco Products is a publicly listed company on the NSE with ticker symbol BANCOINDIA in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Banco Products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Banco Products
Banco Products has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NRF. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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NRF is recognized as a leading supplier of automotive aftermarket parts and industrial cooling solutions.
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1927 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Banco Products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Banco Products Comparisons
Competitors of Banco Products
Banco Products operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nissens, TitanX, Grayson Thermal Systems, Modine Manufacturing Company and Granges, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of automotive aftermarket parts for engine cooling, climate systems, and emissions
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| domain | founded_year | HQ Location |
Medium and heavy-duty diesel engine cooling solutions are manufactured.
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| domain | founded_year | HQ Location |
Manufactures & supplies automotive thermal cooling systems to OEMs and aftermarket
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| domain | founded_year | HQ Location |
Heat transfer products for vehicles are manufactured and supplied.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of rolled aluminium products for heat exchangers to OEM
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Banco Products
Frequently Asked Questions about Banco Products
When was Banco Products founded?
Banco Products was founded in 1961.
Where is Banco Products located?
Banco Products is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
How many employees does Banco Products have?
As of Mar 31, 2024, the latest employee count at Banco Products is 3,700.
What is the annual revenue of Banco Products?
Annual revenue of Banco Products is $375.73M as on Mar 31, 2025.
What does Banco Products do?
Banco Products was established in 1961 in Vadodara, India, as a manufacturer in the automotive and industrial components sector. Radiators, intercoolers, and oil coolers are produced for passenger cars, light and heavy commercial vehicles, agricultural tractors, power generation equipment, earth-moving machinery, and rail locomotives. Gaskets are also included in the product range, with operations focused on domestic and export markets.
Who are the top competitors of Banco Products?
Banco Products's top competitors include Nissens, TitanX and Grayson Thermal Systems.
Is Banco Products publicly traded?
Yes, Banco Products is publicly traded on NSE under the ticker symbol BANCOINDIA.
How many acquisitions has Banco Products made?
Banco Products has made 1 acquisition, including NRF.
What is Banco Products's ticker symbol?
The ticker symbol of Banco Products is BANCOINDIA on NSE.