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
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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 ₹16.00 Cr and a paid-up capital of ₹10.50 Cr.

Formerly known as Happy Steels Private Limited. It upholds a compliant status. Employing 295 professional, Its leadership includes Parveen Kumar Garg (Whole-Time Director), Abhishek Garg (Managing Director), Deepak Garg (Whole-Time Director). Past directors included Sanjeev Garg, Parveen Kumar Garg, Abhishek Garg. It holds ₹28.19 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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U35923PB1996PLC018348

  • Registration Number

    018348

  • Incorporation Date

    14 June 1996

  • Authorized Capital

    ₹16.00 Cr

  • Paid-Up Capital

    ₹10.50 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 10.50 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.19 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 2026-2027

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Parveen Kumar Garg Whole-Time Director 14 Jun 1996 Current
Abhishek Garg Managing Director 15 May 2006 Current
Deepak Garg Whole-Time Director 15 Feb 2023 Current
Vikas Giya Director 15 Feb 2025 Current
Shashi Batta Director 01 Dec 2025 Current
Surinder Kumar Director 01 Dec 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 31 Dec 2024 Past
Pramod Abcsdd Director 30 Sep 2025 Past
Pramod Abcsdd Director 31 Dec 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 10 Aug 2024 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
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
  • 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%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • 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

₹281,930,000.00

Satisfied Charges

₹169,200,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 25.38 Cr
  • Sidbi : 2.65 Cr
  • Others : 0.17 Cr
Latest Charge Details
Date Lender Amount Status
04 Nov 2025 Others ₹1.68 M Open
14 Aug 2025 Sidbi ₹2.65 Cr Open
20 Jul 2023 Hdfc Bank Limited ₹2.88 M Open
18 Jul 2023 Hdfc Bank Limited ₹0.90 M Open
17 Apr 2023 Hdfc Bank Limited ₹19.00 Cr Open

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

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Latest Updates, News, and FAQs on Happy Steels
Recent Activity within the Organization
  • Director Appointment

    Progress on Shashi Batta was appointed as a Director was appointed as a Director on 01 Dec 2025 & has been associated with this company since 5 months 29 days . was documented.

  • Director Appointment

    Surinder Kumar was appointed as a Director was appointed as a Director on 01 Dec 2025 & has been associated with this company since 5 months 29 days . was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.00 Cr registered on 28 Dec 2010 with Charge ID 10261524 was modified on 15 Nov 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 0.17 Cr with Charge ID 101193934 was registered on 04 Nov 2025. was completed.

  • Charges

    The activity A charge with Sidbi amounted to Rs. 2.65 Cr with Charge ID 101141267 was registered on 14 Aug 2025. was completed.

  • Director Appointment

    The activity Varun Sharma was appointed as a Cfo was appointed as a Cfo on 17 Apr 2025 & has been associated with this company since 1 year 1 month . was completed.

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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 ₹16.00 Cr, and the paid-up capital is ₹10.50 Cr.

What is the compliance status of Happy Steels Limited?

The compliance status of Happy Steels Limited is Compliant.

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