Amforge Industries shareholders and shareholding pattern

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Amforge Industries Ltd. · Face value ₹2 · Listed Sep 1986

₹5.50₹0.34 (6.59%)

Share price at the BSE close on 29 Oct 2026. Previous close ₹5.16.

29 Oct: open ₹5.90, high ₹5.90, low ₹5.20

52-week range of traded prices to 29 Oct 2026

₹4.86Low, 9 Sep 2026₹10.43High, 21 Apr 2026

Under BSE's graded surveillance, stage 0, on the list for 28 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.

Market cap: ₹7.91 Cr4,601st largest listed
P/E: Earlier quarters restated in the year
P/B: 0.60
Dividend yield: Nonein the last 12 months
ROCE: −17.8%
Debt to equity: 0.13
Volume, BSE: 2,332

Amforge Industries' shareholding pattern for Sep 2026, filed on 21 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Amforge Industries, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters56.96%
Indian institutions0.01%
Individuals and others43.03%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	55.23%	55.23%	55.23%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%
Indian promoters	55.23%	55.23%	55.23%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.89%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%	56.96%
	44.77%	44.77%	44.77%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.11%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%	43.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.19%	0.19%	0.19%	0.19%	0.19%	0.19%	0.19%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.01%	0.01%	0.01%
Mutual funds	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	Under 0.01%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Insurance companies	–	0.16%	0.16%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.19%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	–	–	–
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	42.92%	42.92%	42.85%	42.85%	42.85%	42.85%	42.85%	42.87%	42.87%	42.87%	42.87%	42.87%	42.87%	42.87%	43.03%	43.03%	43.03%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	34.43%	34.43%	34.32%	34.40%	34.38%	35.44%	35.45%	35.16%	33.57%	34.75%	34.55%	34.62%	33.94%	33.85%	34.01%	34.87%	34.89%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.86%	2.86%	2.86%	2.86%	2.86%	1.85%	1.85%	1.85%	3.19%	1.85%	1.85%	1.85%	2.62%	2.65%	2.72%	1.85%	1.85%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.25%	3.25%	3.25%	3.25%	3.34%	3.27%	3.24%	3.09%	3.38%	3.68%	3.87%	3.86%	3.74%	3.74%	3.74%	3.74%	3.74%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.60%	0.57%	0.50%	0.47%	0.45%	0.50%	0.53%	0.43%	0.43%	0.43%	0.41%	0.41%	0.41%	0.41%	0.40%	0.41%	0.39%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.77%	1.80%	1.90%	1.86%	1.81%	1.78%	1.77%	2.33%	2.30%	2.16%	2.19%	2.12%	2.16%	2.23%	2.17%	2.16%	2.17%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.04%	0.04%	0.04%	0.04%	0.03%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.71%	1.75%	1.85%	1.81%	1.76%	1.72%	1.72%	1.86%	1.83%	1.69%	1.69%	1.62%	1.62%	1.69%	1.63%	1.62%	1.64%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.04%	0.04%	0.05%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.05%	0.05%	0.05%	0.05%	0.05%	0.04%	0.04%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%
Shares in issue	1,48,20,206	1,48,20,206	1,48,20,206	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212	1,43,87,212
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	75	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Amforge Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	17,704	17,544	17,385	17,163	17,107	17,078	17,057	16,963	16,878	16,805	16,746	16,701	16,653	16,632	16,611	16,634	16,605	16,636	16,654	16,795	17,068	17,322	17,271	17,214	17,164	17,133	17,017	17,122	17,263	17,308	16,015	15,982	16,451	16,388	16,274	16,182	16,083	16,029	15,941	15,917
	8	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6
Indian promoters	8	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6
	17,696	17,537	17,378	17,156	17,100	17,071	17,050	16,956	16,871	16,798	16,739	16,694	16,646	16,625	16,604	16,627	16,598	16,629	16,647	16,788	17,061	17,315	17,265	17,208	17,158	17,127	17,011	17,116	17,257	17,302	16,009	15,976	16,445	16,382	16,268	16,176	16,077	16,023	15,935	15,911
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	10	10	10	10	10	10	7	7	7	7	7	7	7	6	6	6
Mutual funds	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	1	6	6	6	6	6	6	6	6	6	6	6	6	6	6	3	3	3	3	3	3	3	3	3	3
Insurance companies	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	6	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–	–	–
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17,198	17,148	17,117	17,001	17,106	17,247	17,292	16,002	15,969	16,438	16,375	16,261	16,169	16,070	16,017	15,929	15,905
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16,599	16,550	16,518	16,409	16,516	16,653	16,697	15,475	15,439	15,905	15,853	15,744	15,653	15,555	15,506	15,423	15,405
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	2	2	2	3	2	2	2	3	3	3	2	2
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	112	112	113	113	113	113	109	103	103	103	102	101	94	92	91	90	90
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	304	307	307	305	306	308	311	255	258	261	256	256	257	258	258	258	254
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	180	176	176	171	168	171	173	167	166	167	162	158	162	162	159	156	154
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	3	3	2	2	2	2	2	2	2	2	2	7	7	7	7	6
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	172	171	171	167	163	164	167	160	159	159	154	150	149	149	146	144	143
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	2	2	2	2	2	2	2	2	2	2	2	2	2
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	3	2	2	2	3	3	3	3	3	3	2	2
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1

Amforge Industries promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is VINIYOG INVESTMENT AND TRADING CO. PVT. LTD., 19.04%.Promoter buying and selling

Holder
VINIYOG INVESTMENT AND TRADING CO. PVT. LTD.Indian companies, trusts and others	19.04%	27,39,880
NAINESH TRADING AND CONSULTANCY LLPIndian companies, trusts and others	18.70%	26,90,245
PUNEET MAKARIndividuals and Hindu undivided families	17.47%	25,13,219
RESHMA YOGIRAJ MAKARIndividuals and Hindu undivided families	0.88%	1,26,756
RADHIKA GIRISH KAPURIndividuals and Hindu undivided families	0.44%	62,796
NUTAN LAMBAIndividuals and Hindu undivided families	0.43%	62,078

No promoter shares are reported as pledged.

Largest public holders of Amforge Industries, filing by filing

Per cent, on the same shares as the split above.

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
MANAV HARESH LAKHANIResident individuals, over ₹2 lakh at face value	1.08%	1.08%	1.08%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	–	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%	1.11%
SUMAN CHEPURIResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.34%	–	–	–	–	–	–	–	–
PRAVINCHANDRA RATILAL SHAHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.