Happy Steels Ltd.
NNSE:HAPPY64.95
INR
-0.85
(-1.29%)
ISIN
INE1GFG01011
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Abhishek Garg
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Ludhiana India
- IPO Date
- Jul 16, 2026
- Website
- happysteels.com
- Similar Companies
- Business
- Happy Steels Limited is an India-based engineering and manufacturing company specializing in safety-critical, forged, and precision-machined transmission and driveline components. The company operates an integrated manufacturing setup encompassing steel billet cutting, closed-die hot forging, SCADA-controlled heat treatment, and precision CNC machining. Its core product portfolio comprises rear and front axle shafts for commercial vehicles, medium and heavy-duty trucks, tractors, and four-wheel-drive platforms; long spline shafts; forged hollow spindles; drive shafts; flange yokes; S-camshafts; steering knuckles; companion flanges; transmission gears; and customized precision-engineered forged components. In addition, the company provides specialized metal-processing services, including induction hardening, normalizing, annealing, tempering, CNC turning, gear hobbing, broaching, and precision grinding. Happy Steels supplies original equipment manufacturers (OEMs) and Tier-1 automotive component suppliers across the commercial vehicle, agricultural machinery, off-highway equipment, electric vehicle (EV), and defense sectors. Headquartered in Ludhiana, Punjab, India, the company was incorporated in 1996 as Happy Steels Private Limited and operates integrated manufacturing infrastructure in Punjab, serving domestic Indian markets as well as overseas clients. In recent developments, the company converted from a private limited company to a public limited company under the name Happy Steels Limited in March 2025. In July 2026, the company completed its initial public offering (IPO) and listed its equity shares on the National Stock Exchange of India (NSE: HAPPY), utilizing proceeds to expand its advanced CNC machining and heat-treatment capacities to support growing OEM demand for commercial vehicle driveline systems and electric vehicle applications.