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About Happy Forgings Ltd
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Happy Forgings Limited was incorporated as `Happy Forgings Private Limited` at Jalandhar, Punjab as a private limited company, pursuant to a certificate of incorporation dated July 2, 1979, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Thereafter, Company was converted from a private limited company to a public limited company, and the name of Company was changed to `Happy Forgings Limited`, and a fresh certificate of incorporation dated April 1, 1998, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Happy Forgings are an engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India. The Company manufacture a wide range of forged and machined products such as crankshafts, front axle beams, steering knuckles, differential cases, transmission parts, planetary carriers, suspension brackets and valve bodies across industries for a diversified base of customers. It mainly cater to domestic and global OEMs manufacturing commercial vehicles in the automotive sector and manufacturers of farm equipment, off-highway vehicles and manufacturers of industrial equipment and machinery for oil and gas, power generation, railways and wind turbine industries into the non-automotive sector. The Company has emerged as a leading player in the domestic crankshaft manufacturing industry with the second largest production capacity for commercial vehicle and high horse-power industrial crankshafts in India. In 1995, the Company purchased heavy duty hammers for manufacturing of oil engine parts and motor parts. In 2006, it commissioned operations at Kanganwal Facility II unit, in 2008, commissioned first 8,000 ton forging press; commenced manufacturing front steering parts by procuring axle arms in 2009 and installed model grinding technology used to manufacture four cylinder and six cylinder crankshafts. In 2011, it ventured into commercial vehicles, farm equipment and industrial equipment industries; later on, the second 8,000 ton forging press was commissioned during 2017; again it ventured into a new sector by manufacturing pinion shaft in the wind turbine industry in 2019; installed third 8,000 ton forging press line in 2021; commenced Dugri Facility operations in 2021, commissioned front axle beam for electric buses into commercial vehicle industry in 2022 and thereafter, installed 8 dedicated lines for manufacturing crankshafts and commissioned first 14,000 ton forging press line in 2022. Through Initial Public Offer, the Company is planning Equity Shares of Fresh Issue aggregating Rs 500 Crores and an Offer for Sale by issuing 8,054,910 Equity Shares.
Happy Forgings share price as on 25 Jun 2025 is Rs. 969.75. Over the past 6 months, the Happy Forgings share price has decreased by 3.72% and in the last one year, it has decreased by 20.06%. The 52-week low for Happy Forgings share price was Rs. 724.1 and 52-week high was Rs. 1299.95.
544057
HAPPYFORGE
INE330T01021
Jul
Happy Forgings Ltd FAQs
You can buy Happy Forgings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Happy Forgings Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 24, 2025 03:46 PM the closing price of Happy Forgings Ltd was Rs.969.75.
The latest PE ratio of Happy Forgings Ltd as of Jun 24, 2025 03:46 PM is 34.20
The latest PB ratio of Happy Forgings Ltd as of Jun 24, 2025 03:46 PM is 0.20
The 52-week high of Happy Forgings Ltd share price is Rs. 1,299.95 while the 52-week low is Rs. 724.10
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 24, 2025 03:46 PM, the market cap of Happy Forgings Ltd stood at Rs. 9,139.12 Cr.
Market Outlook
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