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Happy Steels Limited - Company Profile

It is a automotive public limited company based in Ludhiana, Punjab, India, established in 1996.

1996 | Ludhiana, Punjab, India | Active
Last Updated:

About Happy Steels Limited

Happy Steels Limited, a active public limited company, was established on 14 June 1996 in Ludhiana, Punjab, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U35923PB1996PLC018348. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.50 Cr.

Formerly known as Happy Steels Private Limited. It upholds a compliant status. Employing 295 professional, Its leadership includes Parveen Kumar Garg (Director), Abhishek Garg (Managing Director), Deepak Garg (Director). Past directors included Sanjeev Garg, Abhishek Garg, Deepak Garg. It holds ₹66.48 Cr open charges and ₹16.92 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Kanganwal Road, Ludhiana, Punjab, 141122.

Company Details

  • CIN/LLPIN

    U35923PB1996PLC018348

  • Registration Number

    018348

  • Incorporation Date

    14 June 1996

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 66.48 Cr
  • Satisfied Charges ₹ 16.92 Cr
  • Revenue Growth 5.91%
  • Profit Growth 6789.24%
  • Ebitda 146.96%
  • Net Worth 1.49%
  • Total Assets -3.68%
Company report

Happy Steels Limited

Company Report FY 2025-2026

Explore comprehensive insights into Happy Steels 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 Steels Limited?

Current Directors

NameDesignationAppointment DateStatus
Parveen Kumar GargDirector14 Jun 1996Current
Abhishek GargManaging Director15 May 2006Current
Deepak GargDirector15 Feb 2023Current
Vikas GiyaDirector15 Feb 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director31 Dec 2024Past
Pramod AbcsddDirector31 Dec 2024Past
Pramod AbcsddAdditional Director29 Sep 2023Past
Pramod AbcsddDirector10 Aug 2024Past
Pramod AbcsddCfo-Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Happy Steels.

Happy Steels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.91% increase. The company also saw a substantial improvement in profitability, with a 6789.24% increase in profit. The company's net worth moved up by a moderate rise of 1.49%.

Happy Steels revenue growth over time
Happy Steels profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.91%
Revenue from Operations
6.42%
Total Assets
-3.68%
Profit or Loss
6789.24%
Net Worth
1.49%
EBITDA
146.96%

What is the Ownership and Shareholding Structure of Happy Steels?

In 2023, Happy Steels had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹664,821,911.00

Satisfied Charges

₹169,200,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 63.84 Cr
  • Sidbi : 2.65 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2025Sidbi₹2.65 CrOpen
20 Jul 2023Hdfc Bank Limited₹2.88 MOpen
18 Jul 2023Hdfc Bank Limited₹0.90 MOpen
17 Apr 2023Hdfc Bank Limited₹19.00 CrOpen
28 Dec 2010Hdfc Bank Limited₹44.46 CrOpen

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How Many Employees Work at Happy Steels?

Happy Steels has a workforce of 295 employees as of Apr 07, 2024. 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 growth trends for Happy Steels Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Happy Steels, 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 Steels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Happy Steels

Recent Activity within the Organization

  • Charges

    Progress on A charge with Sidbi amounted to Rs. 2.65 Cr with Charge ID 101141267 was registered on 14 Aug 2025. was documented.

  • Director Appointment

    Progress on Varun Sharma was appointed as a Cfo was appointed as a Cfo on 17 Apr 2025 & has been associated with this company since 7 months 13 days . was documented.

  • Director Appointment

    Isha Ghai was appointed as a Company Secretary was appointed as a Company Secretary on 22 Feb 2025 & has been associated with this company since 9 months 6 days . was recorded as a recent event.

  • Director Appointment

    Progress on Vikas Giya was appointed as a Director was appointed as a Director on 15 Feb 2025 & has been associated with this company since 9 months 13 days . was documented.

  • Annual General Meeting

    The activity Happy Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Happy Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

Frequently Asked Questions

  • What is the CIN of Happy Steels Limited?

    The CIN of Happy Steels Limited is U35923PB1996PLC018348.

  • Where is Happy Steels Limited headquartered?

    Happy Steels Limited is headquartered at Kanganwal Road, Ludhiana, Punjab, 141122.

  • When was Happy Steels Limited incorporated?

    Happy Steels Limited was incorporated on 14 June 1996.

  • Who are the current directors of Happy Steels Limited?

    The current directors of Happy Steels Limited are

  • What is the primary industry of Happy Steels Limited?

    The primary industry of Happy Steels Limited is Manufacturing.

  • Is Happy Steels Limited a listed company?

    Happy Steels Limited is unlisted.

  • What is the capital structure of Happy Steels Limited?

    The authorized capital of Happy Steels Limited is ₹1.50 Cr, and the paid-up capital is ₹1.50 Cr.

  • What is the compliance status of Happy Steels Limited?

    The compliance status of Happy Steels Limited is Compliant.

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