Srikanth Badway, founder and MD of Bellarize Industries, has joined the category of billionaires in India, showing his hard work. The price of his shares has reached a record ₹ 166, which is a huge jump of 83% from an IPO price of ₹ 90 since May 28. His 59.56% stake – 53 crore shares – Now it has reached a shocking evaluation of ₹ 9,550 crore, making him one of the wealthiest entrepreneurs in the country.

The journey of Badway began in 1988 with Budway Engineering, which was a small business in Aurangabad only three people. Talking about today, Bellariz has more than 17 state-of-the-art plants across India, more than 8,000 employees, and the revenue of FY 24 is more than ₹ 7,000 crore-which prepares chassis, suspension, polymer, body-in-white and exhaust for two-wheelers/three-wheelers, PV, CV and EV. A strong hold of 24% in metal components of two-wheelers confirms its place in its top three, and eV-unknown innovation is promoting partnership with OEMs such as Bajaj, Honda and Hero.

On May 28, the stock market gained momentum with the introduction of ₹ 100 (11% premium) on NSE, and the closure of the auto sector increased the enthusiasm of the auto sector amidst the favorable conditions of the auto sector. Market capitalization? According to the latest trackers, a strong performance of over ₹ 16,000 crore.

Beyond the boardroom, Budway plays an important role in policy making as a member of the Economic Advisory Council of Maharashtra and the Governor of IIM Jammu. He is an industrial pioneer of Magnetic Maharashtra, who works closely with veteran Sachin Tendulkar and Madhuri Dixit to highlight the attraction of investment – ‘Mack in India’ connects entrepreneurship with star power.

Budway’s blueprint – the mastery in the flat sheet metal, vertical integration and sustainability reflects the auto boom of India, which aims to achieve 30% PAT CAGR by financial year 28 through 4W diversification and EV axis. From the dreams of the garage to the global supplier, their saga inspires: heritage is coined in steel, not in silver spoon.