Belrise Industries Founder and MD Shrikant Badve joined India's billionaire club on Tuesday after the company's shares hit a record high of ₹164.6 on BSE, over 80% higher than its issue price of ₹90 in May, reports stated. Badve holds 59.56% stake in the automotive parts manufacturer, i.e. about 53 crore shares. The first-generation entrepreneur established the company in 1988.