Happy Forgings Limited - Company Profile

Q: Where is Happy Forgings Limited headquartered?

Happy Forgings Limited is headquartered at Bxxix, 22541, Kanganwal Road, P.O. Jugiana, Ludhiana, Ludhiana, Punjab, 141120.

Q: Who are the current directors of Happy Forgings Limited?

The current directors of Happy Forgings Limited are Pankaj Kumar Goyal, Megha Garg, Bindu Garg, Rajeswari Karthigeyan, Ashish Garg, Atul Behari Lall, Ravindra Pisharody, Paritosh Kumar.

It is a automotive public limited company based in Ludhiana, Punjab, India, established in 1979.

1979 Ludhiana, Punjab, India Active

Last Updated: January 11, 2026

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About Happy Forgings Limited

Happy Forgings Limited, a active public limited company, was established on 02 July 1979 in Ludhiana, Punjab, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: L28910PB1979PLC004008. Registered under ROC Roc Chandigarh. it is listed. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹18.87 Cr.

Formerly known as Happy Forgings P Limited. It upholds a compliant status. In 2025, it reported revenue of ₹1,446.46 Cr and a net worth of ₹1,849.69 Cr. Employing 1,827 professional, Its leadership includes Megha Garg (Whole-Time Director), Rajeswari Karthigeyan (Director), Ashish Garg (Managing Director). Past directors included Sheena Garg, Deepak Gupta, Suresh Chander Garg. It holds ₹265.00 Cr open charges and ₹858.06 Cr settled loans. Its latest AGM occurred on 29 July 2025, with the balance sheet filed on 31 March 2025. It is based at Bxxix, 2254/1, Kanganwal Road, P.O. Jugiana, Ludhiana, Ludhiana, Punjab, 141120.

Company Details

CIN/LLPIN
L28910PB1979PLC004008
Registration Number
004008
Incorporation Date
02 July 1979
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹18.87 Cr
ROC Code
Roc Chandigarh
Listing Status
Listed
Company Status
Active

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 11-01-2026
Paid Up Capital ₹ 18.87 Cr as on 11-01-2026
Company Age 46 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 265.00 Cr as on 11-01-2026
Satisfied Charges ₹ 858.06 Cr as on 11-01-2026

Comprehensive Company Insights

Explore comprehensive insights into Happy Forgings Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Happy Forgings Limited?

Current Directors

Name	Designation	Appointment Date	Status
Megha Garg	Whole-Time Director	07 Dec 2015	Current
Rajeswari Karthigeyan	Director	30 May 2023	Current
Ashish Garg	Managing Director	02 Dec 2015	Current
Atul Behari Lall	Director	31 Jul 2023	Current
Ravindra Pisharody	Director	16 Jun 2022	Current
Paritosh Kumar	Managing Director	11 Feb 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Oct 2007	Past
Pramod Abcsdd	Nominee Director	22 Aug 2017	Past
Pramod Abcsdd	Director	24 Feb 2022	Past
Pramod Abcsdd	Nominee Director	21 Oct 2014	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Happy Forgings.

Happy Forgings Limited, for the financial year ended 2025, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Happy Forgings?

In 2024, Happy Forgings had a promoter holding of 78.61% and a public holding of 21.39%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,650,000,000.00

Satisfied Charges

₹8,580,556,955.00

Charges Breakdown by Lending Institutions

Others : 125.00 Cr
Yes Bank Limited : 90.00 Cr
Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Nov 2021	Others	₹55.00 Cr	Open
04 Feb 2020	Hdfc Bank Limited	₹50.00 Cr	Open
09 Apr 2018	Yes Bank Limited	₹90.00 Cr	Open
01 Dec 2017	Others	₹70.00 Cr	Open
29 Oct 2021	Hdfc Bank Limited	₹40.00 Cr	Satisfied

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How Many Employees Work at Happy Forgings?

Happy Forgings has a workforce of 1827 employees as of Oct 16, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Happy Forgings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Happy Forgings's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Happy Forgings

Recent Activity within the Organization

Charges

A charge registered on 01 Dec 2017 via Charge ID 100150089 with Others was fully satisfied on 02 Dec 2025. was recorded as a recent event.
02 Dec 2025
Annual General Meeting

Happy Forgings Limited last Annual general meeting of members was held on 29 Jul 2025 as per latest MCA records. was recorded as a recent event.
29 Jul 2025
Balance Sheet

Progress on Happy Forgings Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was documented.
31 Mar 2025
Charges

A charge registered on 27 Oct 2021 via Charge ID 100501675 with Others was fully satisfied on 19 Mar 2025. was recorded as a recent event.
19 Mar 2025
Charges

The activity A charge with Yes Bank Limited of Rs. 90.00 Cr registered on 09 Apr 2018 with Charge ID 100168864 was modified on 07 Feb 2024. was completed.
07 Feb 2024
Charges

Progress on A charge registered on 29 Oct 2021 via Charge ID 100498934 with Hdfc Bank Limited was fully satisfied on 03 Feb 2024. was documented.
03 Feb 2024

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