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Banco Products (India) Limited - Company Profile

It is a automotive public limited company based in Dist. Baroda, Gujarat, India, established in 1961.

1961 | Dist. Baroda, Gujarat, India | Active
Last Updated:

About Banco Products (India) Limited

Banco Products (India) Limited, a active public limited company, was established on 16 March 1961 in Dist. Baroda, Gujarat, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: L51100GJ1961PLC001039. Registered under ROC Roc Ahmedabad. it is listed on BSE: 500039 and NSE: BANCOINDIA. It has an authorized capital of ₹30.40 Cr and a paid-up capital of ₹28.61 Cr.

Formerly known as Gaskets & Radiators Limited, Gaskets & Oil Seals Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹1,153.72 Cr and a net worth of ₹742.23 Cr. Employing 758 professional, Its leadership includes Pranav Rohit Patel (Director), Sharan Mehul Patel (Whole-Time Director), Shivam Mehul Patel (Director). Past directors included Rajendra Jayantilal Anandpara, Atul Shroff Govindji, Devesh Amubhai Pathak. It holds ₹30.00 Cr open charges and ₹335.95 Cr settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at Bil, Near Bhaili Railway Station Padra Road, Dist. Baroda, Gujarat, 391410.

Company Details

  • CIN/LLPIN

    L51100GJ1961PLC001039

  • Registration Number

    001039

  • Incorporation Date

    16 March 1961

  • Authorized Capital

    ₹30.40 Cr

  • Paid-Up Capital

    ₹28.61 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 500039, NSE: BANCOINDIA)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 30.40 Cr
  • Paid Up Capital ₹ 28.61 Cr
  • Company Age 64 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • 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%
Company report

Banco Products (India) Limited

Company Report FY 2025-2026

Explore comprehensive insights into Banco Products (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Banco Products (India) Limited?

Current Directors

NameDesignationAppointment DateStatus
Pranav Rohit PatelDirector08 Feb 2025Current
Sharan Mehul PatelWhole-Time Director22 Apr 2021Current
Shivam Mehul PatelDirector07 Aug 2023Current
Ameeta Vikas ManoharDirector25 Apr 2020Current
Anand MajmudarDirector08 Feb 2025Current
Tarak Atulbhai PatelDirector05 Feb 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director27 Apr 2017Past
Pramod AbcsddDirector12 Jan 2015Past
Pramod AbcsddAdditional Director08 Aug 2015Past
Pramod AbcsddAdditional Director25 Mar 2025Past
Pramod AbcsddAdditional Director08 Aug 2015Past
Pramod AbcsddWhole-Time Director01 May 2025Past

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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%.

Banco Products (India) revenue growth over time
Banco Products (India) 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
1.54%
Revenue from Operations
0.75%
Total Assets
1.37%
Profit or Loss
3.94%
Net Worth
1.58%
EBITDA
6.22%

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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹300,000,000.00

Satisfied Charges

₹3,359,494,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.00 Cr
  • Hdfc Bank Limited : 10.00 Cr
  • Bank Of Baroda : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2015Bank Of Baroda₹10.00 CrOpen
09 Mar 2015State Bank Of India₹10.00 CrOpen
24 Feb 2015Hdfc Bank Limited₹10.00 CrOpen
17 Mar 2015Standard Chartered Bank₹10.00 CrSatisfied
31 Jan 2014Hdfc Bank Limited₹10.00 CrSatisfied

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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.

Employee growth trends for Banco Products (India) Limited

Deals i

Graph showing company valuation over time

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

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 Products (India)

Recent Activity within the Organization

  • Annual General Meeting

    The activity Banco Products (India) Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Sachin Jayantilal Kotak was appointed as a Cfo was appointed as a Cfo on 09 Jun 2025 & has been associated with this company since 5 months 23 days . was recorded as a recent event.

  • Director Appointment

    Venkata Ranganath Kumar Sami was appointed as a Whole-time director was appointed as a Whole-time director on 17 May 2025 & has been associated with this company since 6 months 16 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Banco Products (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    The activity Pranav Rohit Patel was appointed as a Director was appointed as a Director on 08 Feb 2025 & has been associated with this company since 9 months 22 days . was completed.

  • Director Appointment

    The activity Anand Majmudar was appointed as a Director was appointed as a Director on 08 Feb 2025 & has been associated with this company since 9 months 22 days . was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Banco Products (India) Limited?

    The CIN of Banco Products (India) Limited is L51100GJ1961PLC001039.

  • Where is Banco Products (India) Limited headquartered?

    Banco Products (India) Limited is headquartered at Bil, Near Bhaili Railway Station Padra Road, Dist. Baroda, Gujarat, 391410.

  • When was Banco Products (India) Limited incorporated?

    Banco Products (India) Limited was incorporated on 16 March 1961.

  • Who are the current directors of Banco Products (India) Limited?

    The current directors of Banco Products (India) Limited are

  • What is the primary industry of Banco Products (India) Limited?

    The primary industry of Banco Products (India) Limited is Manufacturing.

  • Is Banco Products (India) Limited a listed company?

    Banco Products (India) Limited is listed. It is listed on BSE: 500039 and NSE: BANCOINDIA.

  • What is the capital structure of Banco Products (India) Limited?

    The authorized capital of Banco Products (India) Limited is ₹30.40 Cr, and the paid-up capital is ₹28.61 Cr.

  • What is the compliance status of Banco Products (India) Limited?

    The compliance status of Banco Products (India) Limited is Compliant.

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