Tirupati Forge Share Price

Tirupati Forge Limited was incorporated as a Private Limited Company as Tirupati Forge Private Limited' on August 17, 2012 at Gujarat. Consequently, it was converted into a Public Limited Company named Tirupati Forge Limited' on August 11, 2017. The Company is 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. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. The Company's products are segregated into 2 business verticals consisting of Open Die Forged products and Forged Flanges. The Open Die Forged products Auto Components, Bearings, Gears, Crank Shaft to end users in Automobile, Railways, Irrigation, Agriculture, etc. Whereas, the Forged Flanges includes Carbon Steel, Stainless Steel, Din Flange, Conical Flange, Plate Flange, Long Weld Neck to users in industries of Oil and Gas Pipelines, Water Pipelines, Refineries, etc. The installed capacity is 15000 Tons per annum. The Company started its operations in 2012, under the management of its directors, Ajay Sardhara and Bhavesh Barsiya. Later on, Hitesh Thummar joined the Board of the Company and under his guidance, the Company expanded its sales and operations to domestic market on long scale basis. The Company was initially set up to cater the requirements of international market mainly to United States of America and gradually, it has started exporting its products to Italy, Morocco, etc and domestic market. In October 2017, the Company came out with a Public Issue of 18,00,000 Equity Shares by raising equity funds aggregating Rs 5.22 Crore. e Company listed its securities on SME Emerge Platform of National Stock Exchange of India Limited since October, 2017. The Company issued Bonus Shares to its Existing Shareholders in the ratio of 6:10 (i.e. Six Equity Shares for Every Ten Equity Shares of the Company) in the month of September - October 2019. 4.8 MW solar power plant became operational from May 16, 2025. The Company embarked on two business verticals by venturing into the defence manufacturing and investment in renewable energy infrastructure in 2025. The Company initiated the commissioning of Defence Manufacturing Facility for 155 mm artillery shell bodies in FY2026. It commissioned an automated forging, heat treatment, machining & finishing line for the product.