Balvantray Kalyanji Parekh (1925 – 25 January 2013) was an Indian entrepreneur and founder of Pidilite Industries.

After starting his business Balvant moved to flat in Sion Mumbai along with his wife, son and brother Sushil.

Balvant’s younger brother Narendra Parekh also joined his business after finishing studies from United States.

The company was later renamed as Pidilite Industries in 1959[4][5] Balvant had provided support in starting an Arts and Science college in Mahuva Gujarat India.

Balvant was close friend of Dhirubhai Ambani founder of Reliance Industries and lived in the same apartment block in Usha Kiran building on Carmichael Road Mumbai.