Portrait of Shrikant Badve

Rank #2665

Shrikant Badve

Net worth $1.5B

auto parts · India

Born
Oct 10, 1965
Age
60
Source
auto parts
Residence
Pune
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Engineering, Babasaheb Ambedkar Marathwada University

Net worth over time

Biography

  • Shrikant Badve is the founder and managing director of Pune-based automotive parts supplier Belrise Industries, which makes everything from shock absorbers to rearview mirrors for motorcycles, cars and commercial vehicles.
  • The company's marquee clients include motorbike manufacturers Eicher, Hero Motocorp and TVS, as well as auto companies Jaguar Land Rover and Mahindra and Mahindra.
  • Badve started out making fasteners in 1988 in a 150-square-foot shed with three machines and two workers.
  • Belrise shares were listed in May 2025 at an 11% premium to the issue price.
  • His wife Supriya sits on the board and his sons, Sumedh (a Harvard MBA) and Swastid (a Wharton graduate), lead business development and strategy respectively.

Financial assets

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