

Belrise Industries Profile
Key Indicators
- Authorised Capital ₹ 450.00 Cr
- Paid Up Capital ₹ 325.50 Cr
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4,709.36 Cr
- Satisfied Charges ₹ 3,888.87 Cr
- Revenue Growth 12.40%
- Profit Growth 8.83%
- Ebitda 5.76%
- Net Worth 14.16%
- Total Assets 8.50%
About Belrise Industries
Belrise Industries Limited (BIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 September 1996 and has a history of 28 years and seven months. Its registered office is in Aurangabad, Maharashtra, India.
The Corporate was formerly known as Badve Engineering Private Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 450.00 Cr and a paid-up capital of Rs 325.50 Cr.
The company currently has active open charges totaling ₹4,709.36 Cr. The company has closed loans amounting to ₹3,888.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Belrise Industries Limited India are Rahul Ganu as CFO and Manish Kumar as Company Secretary. Shrikant Badve, Supriya Badve, Dilip Huddar, and Four other members serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U73100MH1996PLC102827
- Company No.
102827
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Belrise Industries Limited offer?
Belrise Industries Limited offers a wide range of products and services, including Air Intakes, Exhaust Systems & Parts, Automobile Silencers, Automobile Body Coach Building, Chassis, Exhaust System & System Components, Industrial Exhaust Systems, Fridge Accessories, Refrigerator Components.
Who are the key members and board of directors at Belrise Industries?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Shrikant Badve ![]() | Managing Director | 01-Sep-2000 | Current |
Rahul Ganu ![]() | CFO | 23-Feb-2015 | Current |
Manish Kumar ![]() | Company Secretary | 29-Aug-2023 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Supriya Badve ![]() | Whole-Time Director | 14-Jul-2008 | Current |
Dilip Huddar ![]() | Director | 22-Jun-2019 | Current |
Sangeeta Singh ![]() | Director | 07-Oct-2024 | Current |
Milind Kamble ![]() | Director | 05-Jan-2024 | Current |
Girish Ahuja ![]() | Director | 09-Nov-2023 | Current |
Ashok Tagare ![]() | Director | 01-Mar-2002 | Current |
Financial Performance of Belrise Industries.
Belrise Industries Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 12.4% increase. The company also saw a slight improvement in profitability, with a 8.83% increase in profit. The company's net worth Soared by an impressive increase of 14.16%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Belrise Industries?
In 2024, Belrise Industries had a promoter holding of 90.30% and a public holding of 9.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Swami Ashirwad Engimech Private Limited
Shrikant Badve is a mutual person
- Patanjali Foods Limited
Girish Ahuja is a mutual person
- Konzert Toolings Limited
Dilip Huddar is a mutual person
- Federation Of Industries Of India-Tma
Shrikant Badve is a mutual person
- Dharampal Satyapal Limited
Girish Ahuja is a mutual person
- Devyani Food Industries Limited
Girish Ahuja is a mutual person
Charges (Loans)
₹4,709.36 Cr
₹3,888.87 Cr
Charges Breakdown by Lending Institutions
- Others : 2642.57 Cr
- Sbicap Trustee Company Limited : 1244.56 Cr
- Indian Bank : 212.24 Cr
- Karnataka Bank Ltd. : 208.87 Cr
- Indian Overseas Bank : 208.00 Cr
- Others : 193.12 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
01 Mar 2025 | Others | ₹2.75 Cr | Open |
24 Feb 2025 | Others | ₹100.00 Cr | Open |
29 Nov 2024 | Others | ₹75.00 Cr | Open |
11 Oct 2024 | Others | ₹1.46 M | Open |
10 Oct 2024 | Others | ₹2.75 M | Open |
How Many Employees Work at Belrise Industries?
Belrise Industries has a workforce of 1472 employees as of Apr 06, 2024. 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Belrise Industries, 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 Belrise Industries'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.
Latest Updates, News, and FAQs on Belrise Industries
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 2.75 Cr with Charge ID 101061776 was registered on 01 Mar 2025.
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101062045 was registered on 24 Feb 2025.
- Charges
A charge registered on 29 Jul 2024 via Charge ID 100967830 with Others was fully satisfied on 24 Feb 2025.
- Charges
A charge registered on 12 Jan 2008 via Charge ID 10085453 with Others was fully satisfied on 24 Feb 2025.
- Charges
A charge registered on 10 Sep 2007 via Charge ID 10069209 with Others was fully satisfied on 24 Feb 2025.
- Charges
A charge with Others of Rs. 158.54 Cr registered on 17 Mar 2020 with Charge ID 100331539 was modified on 21 Feb 2025.
Recent News, Updates & Announcement
- BelRise Cancels $2.5 Billion Deal With Gogoro For Battery Swapping Infrastructure.
Pune's Belrise Industries, formerly known as Badwe Engineering, has decided to withdraw from its $2.5 billion commitment to develop a battery-swapping.
Frequently asked questions
What is the Incorporation or founding date of Belrise Industries Limited?
Belrise Industries Limited was incorporated on 25 Sep 1996.
What is authorized share capital and paid-up capital of Belrise Industries Limited?
The authorized share capital of Belrise Industries Limited is ₹ 450.00 Cr and paid-up capital is ₹ 325.50 Cr.
Who are the current board members & directors of Belrise Industries Limited?
Currently 9 directors are associated with Belrise Industries Limited.
- Shrikant Shankar Badve
- Supriya Shrikant Badve
- Dilip Bindumadhav Huddar
- Rahul Shashikant Ganu
- Sangeeta Singh
- Milind Pralhad Kamble
- Girish Kumar Ahuja
- Ashok Vishnu Tagare
- Manish Kumar
What is the registered address of Belrise Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Belrise Industries Limited is Plot No D-39 Midcarea Waluj India, Aurangabad, Maharashtra, 431133.
What is the corporate identification number (CIN) and company number of Belrise Industries Limited?
The corporate identification number (CIN) of Belrise Industries Limited is U73100MH1996PLC102827 and the company number is 102827 as per Ministry of Corporate Affairs (MCA).
What is the official website of Belrise Industries Limited?
The Official website of Belrise Industries Limited is https://www.badvegroup.com
What has been the recent revenue trend for Belrise Industries Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Belrise Industries Limited has risen by 12.40%.
How many employees does Belrise Industries Limited currently have?
As Per 2024 financial reports, 1472 employees are currently employed by Belrise Industries Limited.
What change has been observed in the net worth of Belrise Industries Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Belrise Industries Limited has experienced an upsurge of 14.16%.
What are the total open charges for Belrise Industries Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Belrise Industries Limited amount to ₹ 4,709.36 Cr.
When was the last Balance Sheet of Belrise Industries Limited filed with the ROC?
The most recent Balance Sheet for Belrise Industries Limited was filed with the ROC on 31 Mar 2024.
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