LGB Forge is a specialist metal-bender that turns steel bars into precisely shaped parts for the world’s biggest automotive and industrial brands. Incorporated in 2006 and based in Coimbatore, it grew by mastering a single, unglamorous craft - hot and cold forging - and then doubling down on the kind of small, custom orders that larger mills find uneconomical. The recurring approach is to act as a nimble extension of its customers’ own production lines, absorbing their inventory burden by delivering finished components in unusually short lead times.
Business segments
A single engine, forged and machined: one integrated operation that takes in steel and ships out ready-to-assemble parts for engines, axles, valves and electrical systems - built around the economics of custom, small-batch work.
1. Forging and machining: the custom-parts workshop for global OEMs
The company earns its keep by solving a specific headache for large manufacturers - it produces the low-volume, high-variety metal components they need but cannot efficiently make themselves, and it delivers them fast enough that the customer does not have to stockpile inventory.
- Custom, not commodity - the company specialises in custom-made and small-quantity orders, which has made it the preferred supplier to its customers; it is not competing to stamp out millions of identical parts but to handle the complex, lower-volume work.
- Short lead times are the real product - its expertise in making deliveries in short lead times helps customers keep low levels of inventories, so the speed of the workshop is as valuable as the part itself.
- Steel risk passed through - steel is the major input, but the company has pass-through contracts that provide protection against volatility in steel prices, so its margin is insulated from raw-material swings.
- Everything under one roof - the plants house the full sequence of cutting, forging, heat treatment, machining, finishing, inspection and testing, which means the company controls quality and turnaround time from raw bar to finished component without relying on outside processors.
- An in-house tool room that unlocks prototyping - the tool room is supported by advanced design and analysis software, playing a key role in efficient and timely prototyping; that is how the company turns a customer’s drawing into a production-ready part quickly enough to win the order.
Group structure and partners
The company is a standalone entity with no subsidiaries or joint ventures, but it is anchored within the Coimbatore-based LGB Group and leans heavily on its promoter, L.G. Balakrishnan & Bros Limited, for everything from factory space to a Rs 60-crore related-party transaction envelope.
- No corporate layers - the company does not have a subsidiary, joint venture or associate company, and it has no holding company; it is a single legal entity with its own listed stock.
- The promoter as commercial backbone - material related-party transactions with L.G. Balakrishnan & Bros Limited cover the sale and purchase of goods, leasing of property and the rendering of services, all conducted on an arm’s-length basis and in the ordinary course of business, with shareholder approval for an aggregate value not exceeding Rs 60 Crores.
- A factory sold within the family - the Pondicherry machining plant was sold as a going concern on a slump-sale basis to L.G. Balakrishnan & Bros Limited for Rs 15 Crores during FY 2023-24, with the proceeds earmarked for debt repayment, capital expenses and working capital.
- Promoter control with a second-generation leader - as of July 2026, persons acting in concert held 69.40% of the voting capital, and the Managing Director, Rajsri Vijayakumar, is the daughter of Chairman B. Vijayakumar, who is also the Executive Chairman of L.G. Balakrishnan & Bros Limited.