About Ganga Forging Ltd 
Ganga Forging Ltd
Micro Cap
Castings & Forgings
Ganga Forging Limited was originally incorporated as "Ganga Forgoing Private Limited" at Ahmedabad, as a private limited company vide Certificate of Incorporation dated December 29, 1988. Subsequently, the Company was converted into a public limited company and the name of the Company was changed to "Ganga Forging Limited" on October 30, 2017 vide Fresh Certificate of Incorporation issued by the Registrar of Companies, Ahmedabad. The Company was started by Mr. Hiralal Tilva and Late Mr.
Company Coordinates 
Company Details
Plot No 1 SNO 298 & 30, Rajkot Gondal N H Veraval(Shap Ahmedabad Gujarat : 360024
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 13.48 Cr
Number of Shares
13.48 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
29-May-2024
13.48
13.48
625000
1
Conversion of Warrants
30-Mar-2024
13.42
13.42
1412820
1
Conversion of Warrants
01-Mar-2024
13.28
13.28
4215000
1
Conversion of Warrants
13-Feb-2024
12.85
12.85
7915000
1
Conversion of Warrants
26-Jan-2024
12.06
12.06
1250000
1
Conversion of Warrants
26-Dec-2023
11.94
11.94
1045000
1
Conversion of Warrants
04-Dec-2023
11.83
11.83
3700000
1
Conversion of Warrants
22-Nov-2023
11.46
11.46
3675000
1
Conversion of Warrants
27-Oct-2023
11.1
11.10
5000000
1
Conversion of Warrants
13-Sep-2021
10.6
10.60
95367969
1
Stock Split
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 1 FIIs (2.23%)
Promoter with highest holding
Hiralal Mahidas Tilva (11.89%)
Highest Public shareholder
Minerva Ventures Fund (2.23%)
Individual Investors Holdings
54.85%
Management
Designation
Remuneration
Hiralal Mahidasbhai Tilva
Chairman & Managing Director
17.0 lacs
Rakesh Chhaganlal Patel
Managing Director
22.0 lacs
Sheetal Sanjivkumar Chaniara
Whole-time Director
0
Parulben Rakeshbhai Patel
Whole-time Director
0
Mayurkumar Kalaria
Additional Director
0
Ramesh Dhingani
Independent Director
0
Harshad Ashar
Independent Director
0
Jasubhai Khimjibhai Patel
Independent Director
0
Drashti Vaghasiya
Company Secretary
0
Sagarkumar Ramniklal Govani
Independent Director
0
Drashti Vaghasiya
Company Secretary
0
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
Closed Die Forged Products
17.63
94.17%
Scrap
0.94
5.04%
Job Work
0.15
0.79%
Closed Die Forged Products
Closed Die Forged Products
Scrap
Scrap
Job Work
Job Work
Revenue and Profits:
Net Sales:
8 Cr
(Quarterly Results - Sep 2025)
Net Profit:
-3 Cr
Castings & Forgings
INR Cr (Micro Cap)
NA (Loss Making)
NA
0.00%
0.00
0.00%
0.00






