About
Basic Data Updated:
30 days agoHappy Forgings Limited, a renowned company in the manufacturing industry, is known for its production of high-quality forged and machined components. The company's main focus is on the production of crankshafts, which are essential parts in various machinery and vehicles. Along with crankshafts, HFL also manufactures other crucial components such as connecting rods, front axle beams, knuckles, differential cages, crown wheels, pinions, transmission gears, and shafts. The company's manufacturing units are located in the bustling city of Ludhiana, Punjab, as stated in a credit rating report. This strategic location allows HFL to efficiently cater to its clients' needs and deliver products of exceptional quality. Speaking of clients, HFL's impressive clientele includes big names in the automotive industry such as Automotive Axles Limited, Carraro, Eicher, Mahindra, Tafe, Swaraj, Indo Farm Industries Ltd, and Bharat Gears Limited. HFL's commitment to excellence and customer satisfaction has earned them a reputation as one of the leading manufacturers in the industry. With a team of skilled and experienced professionals, the company ensures that each component is crafted with precision and meets the highest standards of quality.
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U28910PB1979PLC004008 |
| Company No. | 004008 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 02 Jul 1979 |
| Date of AGM | 08 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Chandigarh |
Products or Services related to Happy Forgings Limited
Steering Parts
Crankshafts
Axle
Drivetrain Components
Financials of Happy Forgings Limited
Happy Forgings Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.6% increase. The company also saw a substantial improvement in profitability, with a 64.59% increase in profit. The company's net worth Soared by an impressive increase of 22.08%.
Corporate Structure
Unlock access to Happy Forgings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Happy Forgings Limited
Unlock and access historical data on people associated with Happy Forgings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (5)
PK
Paritosh Kumar
Managing DirectorAppointment Date: 01-Jul-2012
Status: Current
AG
Ashish Garg Managing DirectorAppointment Date: 01-Oct-2007
Status: Current
NS
Narinder Singh CEOAppointment Date: 01-Aug-2023
Status: Current
BG
Bindu Garg Company SecretaryAppointment Date: 12-Jul-2022
Status: Current
PG
Pankaj Goyal CFOAppointment Date: 27-May-2019
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 10 Nov 2021 | ₹55.00 Cr | Open |
Others Creation Date: 27 Oct 2021 | ₹60.00 Cr | Open |
Hdfc Bank Limited Creation Date: 04 Feb 2020 | ₹50.00 Cr | Open |
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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Alert
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Related Corporates (Common Directorship)
Magicrete Building Solutions Private Limited
Active
16 years 27 days Prakash Bagla is a mutual person
Recent activity within the organization
Charges
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.
07 Feb 2024Charges
A charge registered on 29 Oct 2021 via Charge ID 100498934 with Hdfc Bank Limited was fully satisfied on 03 Feb 2024.
03 Feb 2024Annual General Meeting
Happy Forgings Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.
08 Aug 2023Charges
A charge registered on 01 Dec 2017 via Charge ID 100150087 with Others was fully satisfied on 16 Jun 2023.
16 Jun 2023Director Appointment
Rajeswari Karthigeyan was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 11 months 23 days .
30 May 2023
Recent News, Updates & Announcement
Happy Forgings IPO Allotment How To Check Application Status Check Here.India Web Portal 22 Dec 2023
- Happy Forgings files draft papers with Sebi to raise funds through IPO.
Moneycontrol 15 Aug 2023
- Schuler forges two significant orders in India.
Machinery-market 23 Jun 2023
- Motilal Oswal PE invests Rs 2 bn in Ludhianabased firm Happy Forgings Ltd.
Business Standard 15 Oct 2018
Frequently asked questions
What is the Incorporation or founding date of Happy Forgings Limited?
