About Balu Forge Industries Ltd 
Balu Forge Industries Ltd
Mid Cap
Miscellaneous
Balu Forge Industries Limited, formerly known as Bell Agromachina Limited was incorporated in March, 1989, The Company name was then changed from Bell Agromachina Limited to Amaze Entertech Limited on November 16, 2016 and further changed to Balu Forge Industries Limited effective on September 30, 2020. The Company was founded under the leadership of Late Mr. Prehlad Singh Chandock.
Company Coordinates 
Company Details
Unit No F-30 First Floor, Raghuleela Mega Mall Mumbai Maharashtra : 400067
Registrar Details
Capital Structure 
Present Equity Capital
INR 104.94 Cr
Number of Shares
10.49 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
05-Jul-2024
10.49
104.94
2350000
10
Conversion of Warrants
06-Oct-2023
10.26
102.59
2500000
10
Preferential basis
04-Sep-2023
10.01
100.09
3000014
10
Conversion of Warrants
26-Jul-2023
9.71
97.09
13727000
10
Preferential basis
29-Apr-2022
8.34
83.36
1050000
10
Conversion of Warrants
23-Mar-2022
8.23
82.31
8150000
10
Conversion of Warrants
27-Apr-2021
7.42
74.16
5549886
10
Preferential basis
25-Sep-2020
6.86
68.61
25000
10
Preferential basis
24-Sep-2020
6.86
68.59
68240000
10
Preferential basis
05-Nov-2014
3.5
0.35
-3150000
10
Capital Reduction
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 53 FIIs (7.09%)
Promoter with highest holding
Jaspalsingh Prehladsingh Chandock (51.86%)
Highest Public shareholder
Enforcement Directorate Raipur (4.17%)
Individual Investors Holdings
21.9%
Management
Designation
Remuneration
Jaspalsingh Prehladsingh Chandock
Chairman & Managing Director
48.0 lacs
Trimaan Jaspalsingh Chandock
Whole-time Director
12.0 lacs
Raghavendra Raj Mehta
Independent Director
1.8 lacs
Radhey Shyam Soni
Independent Director
2.2 lacs
Shalu Bhandari
Independent Director
2.2 lacs
Jaikaran Chandock
Whole-time Director
12.0 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Service Income
0.20
100.00%
Service Income
Revenue and Profits:
Net Sales:
256 Cr
(Quarterly Results - Dec 2024)
Net Profit:
59 Cr
Miscellaneous
INR 6,933 Cr (Mid Cap)
40.00
28
0.02%
-0.19
14.86%
7.36