India's Richest People 2026 edition · Source: Hurun India
Rank#602- Wealth
- ₹5,600 Cr
- Company
- Banco Products (India)
Current companies 4 active board seats
Past companies 2 historical roles
Total affiliations 6 Since Oct 1988
Shareholding value •••• Premium profile
About Mehul K Patel
Data last updated:
Mehul K Patel is a Director at Banco Products (India) Limited (since 1990), Director at Banco Gaskets (India) Limited (since 2011) and Director at K K Patel Foundation (since 1998), and holds 1 more current directorship. The companies operate in Automotive, Machinery and Equipment and Education & Learing. The 4 current companies with reported revenue have a combined latest revenue of ₹3,485 Cr; the largest is Banco Products (India) Limited at ₹3,256 Cr (FY 2025). Earlier, Mehul K Patel was a Director at Banco Aluminium Private Limited (2001–2018) and Director at Ganga Investments Private Limited (from 1988).
Mehul Kanubhai Patel and family are #602 among India's richest people (2026), with wealth of ₹5,600 Cr.
DIN 01772099
Primary Designation Director
Industry Automotive
First Appointment 16 Oct 1988
Oldest Company Age 65 yrs
Largest company Banco Products (India) Limited · ₹3,256 Cr (FY 2025)
Combined revenue ₹3,485 Cr across 4 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Banco Products (India) Limited L51100GJ1961PLC001039 | Director | 08 Feb 1990 | 1961 | ₹3,256 Cr (FY 2025) | Active |
_LIMITED.webp){kind=small} Banco Gaskets (India) Limited U25199GJ2011PLC066886 | Director | 26 Aug 2011 | 2011 | ₹229 Cr (FY 2025) | Active |
 K K Patel Foundation U74999GJ1986NPL009017 | Director | 01 Sep 1998 | 1986 | ₹7.6 Lakh (FY 2025) | Active |
 Banco Foundation U74990GJ1968NPL001494 | Director | 01 Sep 1998 | 1968 | ₹7.3 Lakh (FY 2025) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Banco Aluminium Private Limited U27310GJ1967PTC001483 | Director | 26 Feb 2001 | 1967 | ₹600 Cr (FY 2025) | Active |
| Ganga Investments Private Limited U65999MH1975PTC018488 | Director | 16 Oct 1988 | 1975 | Amalgamated |
Explore Director's current and past company associations Uncover their professional journey today!
Board colleagues of Mehul K Patel
| Name | DIN | Company | Designation |
|---|---|---|---|
| Ameeta Vikas Manohar | 00903232 | Banco Products (India) Limited | Director |
| Anand Majmudar | 03019026 | Banco Products (India) Limited | Director |
| Pranav Rohit Patel | 00259728 | Banco Products (India) Limited | Director |
| Sachin Jayantilal Kotak | Banco Products (India) Limited | Cfo | |
| Sachinkumar Sureshbhai Dalwadi | Banco Products (India) Limited | Company Secretary | |
| Sharan Mehul Patel | 09151194 | Banco Products (India) Limited , K K Patel Foundation and 1 more | Whole-Time Director |
| Shivam Mehul Patel | 09501828 | Banco Products (India) Limited , Banco Gaskets (India) Limited | Director |
| Tarak Patel | 00009568 | Banco Products (India) Limited | Director |
| Aryan Kumar Jaju | Banco Gaskets (India) Limited | Cfo | |
| Chandan Kumar Das | 09464938 | Banco Gaskets (India) Limited | Whole-Time Director |
| Mayank Jayantilal Vyas | 08666512 | Banco Gaskets (India) Limited | Director |
| Manish Ashokbhai Dave | 08666514 | K K Patel Foundation , Banco Foundation | Director |
| Upendra Raghunath Joshi | 08666520 | K K Patel Foundation , Banco Foundation | Director |
Directorship timeline
Open interactive timeline →Banco Gaskets (India) Limited
Banco Products (India) Limited
Ganga Investments Private Limited
Banco Foundation
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Shareholding and investment profile for Mehul K Patel
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Frequently Asked Questions about Mehul K Patel
Mehul K Patel currently holds 4 directorships: Banco Products (India) Limited (Director, since 08 Feb 1990, revenue ₹3,256 Cr (FY 2025)); Banco Gaskets (India) Limited (Director, since 26 Aug 2011, revenue ₹229 Cr (FY 2025)); K K Patel Foundation (Director, since 01 Sep 1998, revenue ₹7.6 Lakh (FY 2025)); Banco Foundation (Director, since 01 Sep 1998, revenue ₹7.3 Lakh (FY 2025)).
Mehul K Patel was first appointed on 16 Oct 1988 as Director at Ganga Investments Private Limited. The most recent appointment on record is 26 Aug 2011 at Banco Gaskets (India) Limited.
The 4 current companies of Mehul K Patel that report revenue have a combined latest revenue of ₹3,485 Cr: Banco Products (India) Limited ₹3,256 Cr (FY 2025); Banco Gaskets (India) Limited ₹229 Cr (FY 2025); K K Patel Foundation ₹7.6 Lakh (FY 2025); Banco Foundation ₹7.3 Lakh (FY 2025).
Mehul K Patel held 2 earlier board appointments: Banco Aluminium Private Limited (Director, 26 Feb 2001 to 20 Oct 2018); Ganga Investments Private Limited (Director, from 16 Oct 1988).
The current boards of Mehul K Patel's companies include Ameeta Vikas Manohar (Banco Products (India) Limited), Anand Majmudar (Banco Products (India) Limited), Pranav Rohit Patel (Banco Products (India) Limited), Sachin Jayantilal Kotak (Banco Products (India) Limited), Sachinkumar Sureshbhai Dalwadi (Banco Products (India) Limited), Sharan Mehul Patel (Banco Products (India) Limited), among others.