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* - Tentative Dates
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Loan Availed for the Solar Power Project | 6.00 |
| 2 | For Capital Expenditure towards the Solar Power Project | 3.38 |
| 3 | Repayment of Loan Availed for procuring machinery for Elastic Rail Clip and Forging Business | 1.70 |
| 4 | For Capital Expenditure towards the Forging Business | 2.28 |
| 5 | Repayment of Cash Credit Facility availed for the forging business | 7.00 |
| 6 | To Meet Working Capital Requirements for the Production of Elastic Rail Clip (“ECR”) | 7.37 |
| 7 | General Corporate Purposes | 4.88 |
| Total | 32.61 |
Ganga Forging Ltd.'s revenue decreased by 18% and profit after tax (PAT) dropped by 696% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 35.79 | 43.45 | 3,730.54 |
| Profit After Tax | -3.65 | 0.61 | 0.44 |
| NET Worth | 28.50 | 32.19 | 31.41 |
| Reserves and Surplus | 15.02 | 18.71 | 18.00 |
| Amount in ₹ Crore | |||
Ganga Forging Limited is engaged in the manufacturing of forged and machined steel components used across a diverse range of industries, including automotive, railways, agriculture, construction equipment, mining, oil & gas, and power transmission. The company produces a broad portfolio of closed-die forged products such as crankshafts, connecting rods, yokes, flanges, clamps, trunnions, spiders, and other custom-engineered components tailored to customer requirements.
The company operates a fully integrated manufacturing facility equipped with forging presses, machining centers, die design capabilities, heat treatment facilities, and quality control systems. Its infrastructure enables the production of raw forged parts as well as semi-finished and fully machined components, serving both domestic and overseas markets.
Backed by experienced leadership and a focus on quality, Ganga Forging emphasizes precision manufacturing, process efficiency, timely execution, and continuous improvement. Through its engineering expertise and customer-focused approach, the company aims to deliver reliable forging solutions while expanding its presence in the domestic and global forging markets.
