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: January 09, 2026

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), Sachin Jayantilal Kotak (Cfo), Upendra Raghunath Joshi (Deputy Nodal Officer). 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 Metrics

Authorised Capital ₹ 30.40 Cr as on 09-01-2026
Paid Up Capital ₹ 28.61 Cr as on 09-01-2026
Company Age 64 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 30.00 Cr as on 09-01-2026
Satisfied Charges ₹ 335.95 Cr as on 09-01-2026
Revenue Growth **** 1.54% (FY 2024)
Profit Growth **** 3.94% (FY 2024)
Ebitda **** 6.22% (FY 2024)
Net Worth 1.58% (FY 2024)
Total Assets **** 1.37% (FY 2024)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Pranav Rohit Patel	Director	08 Feb 2025	Current
Sachin Jayantilal Kotak	Cfo	17 May 2025	Current
Upendra Raghunath Joshi	Deputy Nodal Officer	03 Mar 2021	Current
Sharan Mehul Patel	Whole-Time Director	22 Apr 2021	Current
Shivam Mehul Patel	Director	07 Aug 2023	Current
Ameeta Vikas Manohar	Director	25 Apr 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Apr 2017	Past
Pramod Abcsdd	Director	12 Jan 2015	Past
Pramod Abcsdd	Additional Director	08 Aug 2015	Past
Pramod Abcsdd	Additional Director	25 Mar 2025	Past
Pramod Abcsdd	Additional Director	08 Aug 2015	Past
Pramod Abcsdd	Whole-Time Director	01 May 2025	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹300,000,000.00

Satisfied Charges

₹3,359,494,000.00

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

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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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.

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Latest Updates, News, and FAQs on Banco Products (India)

Recent Activity within the Organization

Annual General Meeting

Banco Products (India) Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was recorded as a recent event.
19 Sep 2025
Director Appointment

Progress on Sachin Jayantilal Kotak was appointed as a Cfo was appointed as a Cfo on 09 Jun 2025 & has been associated with this company since 8 months 12 days . was documented.
09 Jun 2025
Director Appointment

The activity Sachin Jayantilal Kotak was appointed as a CFO was appointed as a CFO on 17 May 2025 & has been associated with this company since 9 months 5 days . was completed.
17 May 2025
Director Appointment

The activity 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 9 months 5 days . was completed.
17 May 2025
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.
31 Mar 2025
Director Appointment

Pranav Rohit Patel was appointed as a Director was appointed as a Director on 08 Feb 2025 & has been associated with this company since 1 year 11 days . was recorded as a recent event.
08 Feb 2025

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