Happy Steels Limited was originally incorporated as Happy Steels Private Limited' as a private limited company on June 14, 1996 pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Thereafter, Company was converted into a public limited company from a private limited company. Name of the Company changed to Happy Steels Limited' and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Chandigarh on March 20, 2025.
The Company is an integrated manufacturer of Safety-Critical, Forged and Machined Transmission and Driveline components for On-highway, Off-highway, EV and Defence applications. Product portfolio consist of a wide range of Axles, Long Spline Shafts, Spindle and other related components.
Company operates a manufacturing unit located in Ludhiana, Punjab. The unit has installed capacity of 8,640.00 MT per annum for cutting process, 7,776.00 MT per annum for forging process, and 4,492.80 MT per annum for machining process during FY 2025.
Company established a Machine Component Division to transition from conventional to CNC machining in 2007, it commissioned a second 1200 ton Heavy Duty Horizontal Forging Press and Heat Treatment Furnace to enhance capacity in 2013.
Since commencement of the commercial operations in 1996, Company progressively scaled its operations and achieved production volumes of 5,247.83 MT per annum of machines in cutting process, 4,545.43 MT ... per annum of machines in Forging Process and 3,321.47 MT per annum of machines in Machining Process during the FY 2025.
Company has filed a Draft Prospectus with the SEBI and is planning the issuance of 38,50,000 equity shares of face value Rs 10 each through fresh issue.
FAQs on Happy Steels Ltd
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2. Does Happy Steels Ltd pay dividends? ›
Happy Steels Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Happy Steels Ltd ? ›
As of
10-Aug-2026 , 12:53:41 the share price for Happy Steels Ltd. is ₹ 66.6 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Happy Steels Ltd ? ›
The 52-week high and low of Happy Steels Ltd share price is ₹ 57 - ₹ 71.4 as of
10-Aug-2026 , 12:53:41 .
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