India's Richest People 2026 edition · Source: Hurun India
Rank#1,055- Wealth
- ₹2,500 Cr
- Company
- Raajratna Metal Industries
Current companies 3 active board seats
Past companies 5 historical roles
Total affiliations 8 Since Oct 1991
Shareholding value •••• Premium profile
About Babulal Dalichand Sanghvi
Data last updated:
Babulal Dalichand Sanghvi is a Managing Director at Raajratna Metal Industries Ltd (since 2005), Director at Raajratna Ventures Limited (since 2004) and Director at Raajratna Stockholding Private Limited (since 2005). The companies operate in Metals and Minerals, Machinery and Equipment and Financial Services. The 3 current companies with reported revenue have a combined latest revenue of ₹2,162 Cr; the largest is Raajratna Metal Industries Ltd at ₹1,594 Cr (FY 2025). Earlier, Babulal Dalichand Sanghvi was a Director at Raajratna Stainless Private Limited (2006–2014) and Director at Vs Lignite Power Private Limited (2007–2014) and 3 more.
Babulal Dalichand Sanghvi is #1,055 among India's richest people (2026), with wealth of ₹2,500 Cr.
DIN 00601159
Primary Designation Managing Director
Industry Metals and Minerals
First Appointment 18 Oct 1991
Oldest Company Age 38 yrs
Largest company Raajratna Metal Industries Ltd · ₹1,594 Cr (FY 2025)
Combined revenue ₹2,162 Cr across 3 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Raajratna Metal Industries Ltd U24231GJ1988PLC010673 | Managing Director | 27 Sep 2005 | 1988 | ₹1,594 Cr (FY 2025) | Active |
 Raajratna Ventures Limited U27209GJ2004PLC044288 | Director | 10 Jun 2004 | 2004 | ₹564 Cr (FY 2025) | Active |
| Raajratna Stockholding Private Limited U65990GJ1992PTC018491 | Director | 21 Jun 2005 | 1992 | ₹3.83 Cr (FY 2025) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Raajratna Stainless Private Limited U51102GJ2006PTC047612 | Director | 27 Jan 2006 | 2006 | ₹15.02 Cr (FY 2022) | Active |
 Vs Lignite Power Private Limited U40104TG2001PTC045088 | Director | 17 Sep 2007 | 2001 | ₹286 Cr (FY 2025) | Active |
 Raajratna Electrodes Private Limited U29308GJ1991PTC016444 | Director | 18 Oct 1991 | 1991 | ₹61.62 Cr (FY 2025) | Active |
 Rajguru Minerals Private Limited U13200MH2011PTC216947 | Director | 02 May 2011 | 2011 | ₹1.7 Lakh (FY 2017) | Strike Off |
 Rainox Wires Private Limited U31300GJ2001PTC040056 | Director | 27 Sep 2001 | 2001 | Amalgamated |
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Board colleagues of Babulal Dalichand Sanghvi
Directorship timeline
Open interactive timeline →Raajratna Metal Industries Ltd
Raajratna Ventures Limited
Rainox Wires Private Limited
Raajratna Stockholding Private Limited
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Shareholding and investment profile for Babulal Dalichand Sanghvi
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Frequently Asked Questions about Babulal Dalichand Sanghvi
Babulal Dalichand Sanghvi currently holds 3 directorships: Raajratna Metal Industries Ltd (Managing Director, since 27 Sep 2005, revenue ₹1,594 Cr (FY 2025)); Raajratna Ventures Limited (Director, since 10 Jun 2004, revenue ₹564 Cr (FY 2025)); Raajratna Stockholding Private Limited (Director, since 21 Jun 2005, revenue ₹3.83 Cr (FY 2025)).
Babulal Dalichand Sanghvi was first appointed on 18 Oct 1991 as Director at Raajratna Electrodes Private Limited. The most recent appointment on record is 02 May 2011 at Rajguru Minerals Private Limited.
The 3 current companies of Babulal Dalichand Sanghvi that report revenue have a combined latest revenue of ₹2,162 Cr: Raajratna Metal Industries Ltd ₹1,594 Cr (FY 2025); Raajratna Ventures Limited ₹564 Cr (FY 2025); Raajratna Stockholding Private Limited ₹3.83 Cr (FY 2025).
Babulal Dalichand Sanghvi held 5 earlier board appointments: Raajratna Stainless Private Limited (Director, 27 Jan 2006 to 01 Jul 2014); Vs Lignite Power Private Limited (Director, 17 Sep 2007 to 24 Oct 2014); Raajratna Electrodes Private Limited (Director, 18 Oct 1991 to 30 Mar 2015); Rajguru Minerals Private Limited (Director, 02 May 2011 to 06 Jan 2015); Rainox Wires Private Limited (Director, from 27 Sep 2001).
The current boards of Babulal Dalichand Sanghvi's companies include Amol Rohitbhai Dalal (Raajratna Metal Industries Ltd), Arvindkumar Dalichand Sanghvi (Raajratna Metal Industries Ltd), Bhabutmal Jawanmalji Sen (Raajratna Metal Industries Ltd), Kunal Arvindkumar Sanghvi (Raajratna Metal Industries Ltd), Leelaben Arvindkumar Sanghvi (Raajratna Metal Industries Ltd), Manish Babulal Sanghvi (Raajratna Metal Industries Ltd), among others.