Ganga Forging Ltd Share Price

Ganga Forging Limited was originally incorporated as 'Ganga Forgoing Private Limited' at Ahmedabad, as a Private limited company dated December 29, 1988. Subsequently, Company converted into a Public limited company and the name was changed to 'Ganga Forging Limited' on October 30, 2017 vide Fresh Certificate of Incorporation obtained from Registrar of Companies, Ahmedabad. The Company was started by Mr. Hiralal Tilva and Late Mr. Chhaganlal Patel. Later on, Mr. Rakesh Chhaganlal Patel joined the board of the Company and under their guidance the company has expanded its sales and operations. The Company doesn't markets these products in own brand name. Further, The Company sells these product as a semi-finished product to the supplier who further grinds the product. In July, 2018 the Company came up with a Public Issue of 23,82,000 Equity Shares by raising equity capital aggregating Rs 5.0022 Crore. The Company is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges.