Belagavi may not be known as a big financial city, but a closer look at the stock markets shows something interesting — more and more companies from this district are getting listed on the BSE and NSE. Today, at least five companies with registered offices in Belagavi are listed, along with one major agro-industrial company operating from the district. And now, Aequs Limited, Belagavi’s famous aerospace and precision-engineering company, is preparing for its IPO, which will be one of the biggest from the region.
Over the years, Belagavi has shown strong progress in many sectors — sugar, hydropower, renewable energy, engineering, and now high-tech aerospace. This mix of companies shows the district’s growing importance in India’s business and market landscape.
The Listed Companies From Belagavi
1. Shree Renuka Sugars
The best-known listed company with its registered office in Belagavi (Nehru Nagar).
Listed since 2005, it is now one of India’s biggest sugar and ethanol producers. Even after expanding globally, its Belagavi roots remain important.
2. Ravindra Energy
Based in Camp, Havelock Road, this company moved from trading to renewable energy.
It works on solar pumps, solar plants, and now EV-related energy solutions.
It is listed on both BSE and NSE, showing how a company from a Tier-II city can grow nationally.
3. Bemco Hydraulics
An old and respected engineering company from Udyambag Industrial Estate.
Listed on the BSE, it manufactures hydraulic presses and heavy engineering equipment.
A strong example of Belagavi’s industrial capabilities.
4. Vishwaraj Sugar Industries
Located in Bellad Bagewadi, Hukkeri.
Listed on both BSE and NSE since its 2019 IPO.
Works across sugar, ethanol, and power generation.
5. UR Sugar Industries
A small-cap listed company that has shifted its operations to Bellad Bagewadi, Hukkeri.
It represents Belagavi’s expanding presence in the sugar and agro-industry market.
6. The Ugar Sugar Works
Though its official registration is in Sangli, the company’s major manufacturing happens in Ugarkhurd, Belagavi district.
Listed on both BSE and NSE, it makes sugar, alcohol, and power.
It has been operating since 1939.
7. Shri Keshav Cements & Infra
Registered in Vadgaon, Belagavi.
A listed cement company known for brands like Keshav Cement and Jyoti Gold.
What makes it special: it runs mostly on renewable solar power, with over 30 MWp of captive solar capacity.
8. Gokak Textiles
Though the registered office is now in Bengaluru, the company’s identity and manufacturing base remain in Gokak, Belagavi district.
It is one of the region’s oldest textile industries.
Belagavi: A Growing Hub Beyond the Metros
The rise of these companies shows that Belagavi is building a strong presence in India’s public markets.
Industries old and new — from sugar and textiles to engineering, renewable energy, and aerospace — are contributing to this growth.
With Aequs preparing for a large IPO, Belagavi is getting ready to take an even bigger step on the national business stage.
Belagavi is slowly but steadily proving that even a non-metro city can become a serious business and industrial destination.
