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Shrikant Badve became a billionaire as Belrise Industries hit a record stock high on September 23, 2025, driven by strong growth and expanding markets.
Shrikant Badve, founder and managing director of Belrise Industries, has become a billionaire as the company’s stock hit a record high of Rs 164.60 on September 23, 2025, surging over 80% since its May listing.
His 59.56% stake, worth around Rs 8.5 crore, reflects the company’s rapid growth into a major Indian auto component manufacturer with over 8,000 employees and 17 units, serving top OEMs across two- and four-wheelers.
Belrise, which began in 1988 with three employees, generates over Rs 7,000 crore in annual revenue and holds a 24% market share in India’s two-wheeler metal components sector.
Analysts at LKP and Investec have issued “Buy” ratings, citing strong growth prospects from new OEM partnerships, product innovation, and expansion into electric vehicles and Japanese markets, with projected profit growth of up to 34% annually through FY28.
Badve also holds public service roles and has been recognized for his leadership and entrepreneurial achievements.
Shrikant Badve se convirtió en multimillonario cuando Belrise Industries alcanzó un récord de acciones el 23 de septiembre de 2025, impulsado por un fuerte crecimiento y la expansión de los mercados.