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. 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 doesnt markets these products in own brand name. Further, The Company sells these product as a semifinished product to the supplier who further grinds the product.The Company is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and nonautomotive segment. Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Nonautomotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges.The Company also complies with Quality Assurance System like ISO and strives to deliver quality products to the customers. The Company is ISO 9001:2008 certified. The Company is dedicated towards supply of quality products by controlling the procurement of its raw material, monitoring the process parameters and maintaining appropriate measures to comply with applicable statutory and regulatory requirements of products. The Company is equipped with inhouse testing laboratory for checking of raw materials, working in process materials and finished products. The finished products are checked in laboratory to ensure that the same is of relevant standards and design as specified by the customer.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.
How has Ganga Forging Ltd [GANGAFORGE] shares performed in the past ?
The past 1-year return of Ganga Forging Ltd [GANGAFORGE] share was 9.77. The Ganga Forging Ltd [GANGAFORGE] share hit a 1-year low of Rs. 5.9 and a 1-year high of Rs. 17.5.
What is the market cap of Ganga Forging Ltd [GANGAFORGE] ?
The market cap of Ganga Forging Ltd is Rs. 97.06 Cr. as of 11/21/2024 12:00:00 AM.
What is the current P/E ratio of Ganga Forging Ltd [GANGAFORGE] share price ?
The PE ratios of Ganga Forging Ltd is 120 as of 11/21/2024 12:00:00 AM.
What is the current PB ratio of Ganga Forging Ltd [GANGAFORGE] share price ?
The PB ratios of Ganga Forging Ltd is 3.02 as of 11/21/2024 12:00:00 AM
How can I buy Ganga Forging Ltd shares?
You can easily buy Ganga Forging Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.