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About Happy Steels Ltd
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Happy Steels Limited was originally incorporated as `Happy Steels Private Limited` as a private limited company on June 14, 1996 pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Thereafter, Company was converted into a public limited company from a private limited company. Name of the Company changed to `Happy Steels Limited` and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Chandigarh on March 20, 2025. The Company is an integrated manufacturer of Safety-Critical, Forged and Machined Transmission and Driveline components for On-highway, Off-highway, EV and Defence applications. Product portfolio consist of a wide range of Axles, Long Spline Shafts, Spindle and other related components. Company operates a manufacturing unit located in Ludhiana, Punjab. The unit has installed capacity of 8,640.00 MT per annum for cutting process, 7,776.00 MT per annum for forging process, and 4,492.80 MT per annum for machining process during FY 2025. Company established a Machine Component Division to transition from conventional to CNC machining in 2007, it commissioned a second 1200 ton Heavy Duty Horizontal Forging Press and Heat Treatment Furnace to enhance capacity in 2013. Since commencement of the commercial operations in 1996, Company progressively scaled its operations and achieved production volumes of 5,247.83 MT per annum of machines in cutting process, 4,545.43 MT per annum of machines in Forging Process and 3,321.47 MT per annum of machines in Machining Process during the FY 2025. Company has filed a Draft Prospectus with the SEBI and is planning the issuance of 38,50,000 equity shares of face value Rs 10 each through fresh issue.
Happy Steels share price as on 22 Jul 2026 is Rs. 62. Over the past 6 months, the Happy Steels share price has increased by 0% and in the last one year, it has decreased by 9.49%. The 52-week low for Happy Steels share price was Rs. 61 and 52-week high was Rs. 71.4.
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Happy Steels Ltd FAQs
You can buy Happy Steels Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Happy Steels Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 22, 2026 03:31 PM the closing price of Happy Steels Ltd was Rs.62.00.
The latest PE ratio of Happy Steels Ltd as of Jul 22, 2026 03:31 PM is 12.48
The latest PB ratio of Happy Steels Ltd as of Jul 22, 2026 03:31 PM is 1.36
The 52-week high of Happy Steels Ltd share price is Rs. 71.40 while the 52-week low is Rs. 61.00
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 Jul 22, 2026 03:31 PM, the market cap of Happy Steels Ltd stood at Rs. 88.57 Cr.
Market Outlook
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