About Tirupati Forge Ltd 
Tirupati Forge Ltd
Micro Cap
Castings & Forgings
Tirupati Forge Limited was incorporated as a Private Limited Company with the name `Tirupati Forge Private Limited' on August 17, 2012 in Gujarat. Consequently, it was converted into a Public Limited Company and the name was changed to `Tirupati Forge Limited' on August 11, 2017. Tirupati Forge is an ISO 9001:2008 certified Company engaged in manufacturing of closed die forged products like auto component, bearings, gears, etc and forged flanges of mild steel, carbon steel, stainless steel, etc.
Company Coordinates 
Company Details
Plot No 1-5 Survey No 92/1, Near Shan Cement NH 27 Rajkot Gujarat : 360311
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 20.74 Cr
Number of Shares
10.37 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
06-Feb-2024
10.37
20.74
5680000
2
Preferential basis
07-Oct-2021
9.8
19.60
78400000
2
Bonus Issue & Stock Split
20-Aug-2020
1.12
11.20
880000
10
Conversion of Warrants
19-Nov-2019
1.03
10.32
752000
10
Conversion of Warrants
19-Nov-2019
1.03
10.32
752000
10
Conversion of Warrants
03-Oct-2019
95.68
9.57
3588000
10
Bonus Issue
03-Oct-2019
95.68
9.57
3588000
10
Bonus Issue
10-Jun-2019
59.8
5.98
168000
10
Conversion of Warrants
10-Jun-2019
59.8
5.98
168000
10
Conversion of Warrants
12-Oct-2017
58.12
5.81
1800000
10
Public Issues
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 1 FIIs (0.02%)
Promoter with highest holding
Chetna Mukeshbhai Thumar (13.57%)
Highest Public shareholder
Devansh Trademart Llp (4.91%)
Individual Investors Holdings
35.97%
Management
Designation
Remuneration
Hiteshkumar Gordhanbhai Thummar
Chairman & Managing Director
18.0 lacs
BHAVESH TULSHIBHAI BARSIYA
Whole-time Director
7.2 lacs
Darshna Hiteshbhai Thummar
Non Executive Director
0
Jagruti Nitinkumar Erda
Independent Director
0
Sachin Praful Ravani
Independent Director
0
A. M. Shrivastava
Independent Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchases of steel Billets
6.6747
0%
Purchases of steel Billets
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Carbon Steel Forged Flanges, Forged Components and Other Automotive Components
18.26
86.75%
Other Operating Income - Jobwork Income
2.26
10.72%
Carbon Steel Forged Flanges, Forged Components and Other Automotive Components - Traded
0.24
1.12%
Carbon Steel Forged Flanges, Forged Components and Other Automotive Components
Carbon Steel Forged Flanges, Forged Components and Other Automotive Components
Other Operating Income - Jobwork Income
Other Operating Income - Jobwork Income
Carbon Steel Forged Flanges, Forged Components and Other Automotive Components - Traded
Carbon Steel Forged Flanges, Forged Components and Other Automotive Components - Traded
Revenue and Profits:
Net Sales:
40 Cr
(Quarterly Results - Sep 2025)
Net Profit:
1 Cr
Castings & Forgings
INR Cr (Micro Cap)
75.00
NA
0.00%
0.00
0.00%
0.00






