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    BANCO PRODUCTS (INDIA) LTD.

    23 February 2026 | 12:04

    Industry >> Auto Ancl - Engine Parts

    Select Another Company

    ISIN No INE213C01025 BSE Code / NSE Code 500039 / BANCOINDIA Book Value (Rs.) 120.27 Face Value 2.00
    Bookclosure 19/11/2025 52Week High 880 EPS 27.39 P/E 24.24
    Market Cap. 9496.96 Cr. 52Week Low 298 P/BV / Div Yield (%) 5.52 / 1.66 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The company was incorporated on 16th day of March, 1961, at Baroda.

    A project for the manufacture of industrial radiators, heat exchangers, etc, and gasket at village Ankhi in the Bharuch district of Gujarat, was financed through private placement of secured non-convertible debentures with UTI for a total value of Rs. 80 lakhs for commercial production commenced during the year 1987-88.

    The company has set up a full fledged R&D centre. Some of the major contributions of this wing were developed of a special radiator for diesel locomotives for the Indian railway. Introduction of the rubberised coris in gaskets and development of an serial coller for gas pipeline pumping project.

    2007

    -The Company has issued Bonus Shares in the Ratio of 1:1.

    -Company has splits its Face value of Shares from Rs 10 to Rs 2

    2008

    - Banco Products India Ltd has appointed Shri. Pankaj M Kadakia as Additional Director and Shri. Shailesh A Thakker as Additional Director (designated as Executive Director and CFO).

    - The Company has splits its face value from Rs10/- to Rs2/-.

    2009

    - Banco Products (India) Ltd has appointed Shri. S. K. Duggal as Director w.e.f. September 23, 2009.

    - Banco Products (India) Ltd has informed that Shri. Manubhai G. Patel has been appointed as Director of the Company w.e.f. November 07, 2009.

    2010

    -Company has acquired of 100% Equity shareholding of NEDERLANDSE RADIATEURN FABRIEK B.V. - Netherlands

    -Company has commenced manufacturing unit at Rudrapur recently mainly to meet the requirements in and around Rudrapur.

    2011

    - Banco Products (India) Ltd which is already holding 99.80% Equity Sharers of Kilimanjaro Biochem Limited, has acquired 00.20% Equity Shares of Kilimanjaro Biochem Limited & now Kilimanjaro Biochem Limited is Wholly Owned Subsidiary of Banco Products (India) Limited

    -Company has made investment in 100% Equity shareholding of Lake Minerals (Mauritius) Limited

    2012

    -Banco Prod - Board recommended Dividend of Rs 2.50 i.e (125%)

    -Banco Products (India) Ltd - Commercial production of Radiators has started at its manufacturing facilities

    2013

    -Banco Products (India) Ltd own 'Best Supplier Award' for overall performance for the year 2013.

    -Banco Products (India) Ltd own 'Excellent ACE Support Award' in India ABO Supplier Conference for the year 2013.

    -Banco Products (India) Ltd own 'Annual Commodity Award' in Recognition of Superior performance in 2013.

    -Board recommended a Dividend @ 90% i.e. Rs. 1.80 Per Equity Share of face value of Rs. 2/- each

    2014

    -Shri Vimal K. Patel has resigned as a Director and now Chairman of the company.

    2015 -Banco Products starts production at its Zaheerabad unit.

    2018 - Company's BOD at its meeting held on May 30, 2018, recommended Final Dividend of 5.80 per equity share.

    2024 -The Company has issued Bonus Shares in the Ratio of 1:1.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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