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About Banco Gaskets (India) Limited
Data last updated: 11 January 2026
Banco Gaskets (India) Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Banco Products (India) Limited. It specialises in industrial tools and components, a part of the broader machinery and industrial equipment sector. Incorporated on 26 August 2011, the company has been in operation for over 15 years.
Registered with ROC Ahmedabad under CIN U25199GJ2011PLC066886.
Capital: an authorised share capital of ₹35 Cr and a paid-up capital of ₹35 Cr. It is led by directors including Mayank Jayantilal Vyas and Shivam Mehul Patel.
Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bil Near Bhaili Railway Station Padra Road, Vadodara, Gujarat, India – 391410.
As per the financials filed for FY 2025, the company reported a revenue of ₹228.84 Cr, a growth of 12% compared to the previous year.
The company has a workforce of approximately 199 employees as per the latest available data. It operates as a subsidiary of Banco Products (India) Limited.
The company is associated with 1 brand - Banco Products. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹40 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bancogaskets.com.
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Registered AddressBil Near Bhaili Railway Station Padra Road, Vadodara, Gujarat, India – 391410
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IndustryMachinery and Equipment, Industrial Tools & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Banco Gaskets (India) Limited
Banco Gaskets (India) Limited operates one associated brand: Banco Products. These brands represent Banco Gaskets (India) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cooling systems and gaskets are manufactured for vehicles and machinery. | bancoindia.com |
Competitors & Alternatives of Banco Gaskets (India) Limited
Brands and companies operating in the same space as Banco Gaskets (India) Limited include Nissens, TitanX, Grayson Thermal Systems and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Nissens
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Manufacturer of automotive aftermarket parts for engine cooling, climate systems, and emissions | Horsens, Denmark, Denmark | 1921 |
TitanX
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Medium and heavy-duty diesel engine cooling solutions are manufactured. | Gothenburg, Sweden, Sweden | 2008 |
Grayson Thermal Systems
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Manufactures & supplies automotive thermal cooling systems to OEMs and aftermarket | Birmingham, United Kingdom, United Kingdom | 1978 |
Granges
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Manufacturer and supplier of rolled aluminium products for heat exchangers to OEM | Stockholm, Sweden, Sweden | 1972 |
Modine Manufacturing Company
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Heat transfer products for vehicles are manufactured and supplied. | Racine, United States, United States | 1916 |
PWR provides world class cooling solutions
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Automotive aluminium radiators, intercoolers, and oil coolers are manufactured. | Ormeau, Australia, Australia | 2003 |
Saleri
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Automotive cooling systems are manufactured for the vehicle industry. | Brescia, Italy, Italy | 1942 |
TRISTONE
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Engine cooling and battery cooling components are manufactured and supplied. | Frankfurt Am Main, Germany, Germany | 2002 |
Exo-S
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Major auto components are manufactured and supplied for four-wheelers. | Sherbrooke, Canada, Canada | 2012 |
Business Activity of Banco Gaskets (India) Limited
Banco Gaskets (India) Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Banco Gaskets (India) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Banco Gaskets (India) Limited
Banco Gaskets (India) Limited is audited by Pradip J. Shah & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pradip J. Shah & Co. | Locked | Locked | Locked |
Complete auditor history for Banco Gaskets (India) Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Banco Gaskets (India) Limited
Banco Gaskets (India) Limited is currently managed by 4 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Mayank Jayantilal Vyas
Also directs:
Banco New Energy Cooling Systems Limited
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Director | 13 Jan 2020 | 6 Years 6 Months | Current |
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Shivam Mehul Patel
Also directs:
Banco Products (India) Limited
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Director | 14 Feb 2022 | 4 Years 5 Months | Current |
| Chandan Kumar Das | Whole-Time Director | 21 Jan 2022 | 4 Years 6 Months | Current |
| Mehul K Patel | Director | 26 Aug 2011 | 14 Years 10 Months | Current |
Financials of Banco Gaskets (India) Limited FY 2025 filings available
Banco Gaskets (India) Limited reported revenue of ₹228.84 Cr (up 12.00% YoY) for FY 2025.
Ten-year financial statements for Banco Gaskets (India) Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Banco Gaskets (India) Limited
Shareholding and ownership data for Banco Gaskets (India) Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Banco Gaskets (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2015 | Hdfc Bank Limited | ₹5 Cr | Open |
| 02 Feb 2015 | State Bank of India | ₹10 Cr | Open |
| 30 Jan 2015 | Kotak Mahindra Bank Limited | ₹10 Cr | Open |
| 20 Sep 2012 | State Bank of India - Lead Bank | ₹25 Cr | Satisfied |
| 21 Jun 2012 | Kotak Mahindra Bank Limited | ₹15 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Banco Gaskets (India) Limited
Banco Gaskets (India) Limited has a workforce of 199 employees as of Apr 05, 2024.
Employee and EPFO history for Banco Gaskets (India) Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Banco Gaskets (India) Limited
GST registrations and filing compliance for Banco Gaskets (India) Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Banco Gaskets (India) Limited
Credit ratings, litigation, and regulatory alerts for Banco Gaskets (India) Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Banco Gaskets (India) Limited
MSME payment history for Banco Gaskets (India) Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Banco Gaskets (India) Limited
Corporate group structure for Banco Gaskets (India) Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Banco Gaskets (India) Limited
MCA filings and documents for Banco Gaskets (India) Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Banco Gaskets (India) Limited
Frequently Asked Questions about Banco Gaskets (India) Limited
Banco Gaskets (India) Limited is an active public limited company in the machinery and equipment sector based in Vadodara, Gujarat, India. It was incorporated on 26 August 2011 (15+ years old) and is registered under CIN U25199GJ2011PLC066886. The company has 199 employees.
Banco Gaskets (India) Limited reported revenue of ₹228.84 Cr for FY 2025 (up 12.00% YoY).
The current directors of Banco Gaskets (India) Limited are:
- Mayank Jayantilal Vyas - Director
- Shivam Mehul Patel - Director
- Chandan Kumar Das - Whole-Time Director
- Mehul K Patel - Director
The primary industry of Banco Gaskets (India) Limited is machinery and equipment. The company specifically operates in industrial tools and components. The company is currently active in this sector.
Banco Gaskets (India) Limited can be reached at the registered office: Bil Near Bhaili Railway Station Padra Road, Vadodara, Gujarat, India – 391410, or through the website bancogaskets.com.
The authorised capital is ₹35 Cr, and the paid-up capital is ₹35 Cr.