Happy Forgings Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 18.84 Cr
as on 17-11-2024
- Company Age 45 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 332.00 Cr
as on 17-11-2024
- Satisfied Charges ₹ 791.06 Cr
as on 17-11-2024
- Revenue 38.81%
(FY 2023)
- Profit 46.68%
(FY 2023)
- Ebitda 47.66%
(FY 2023)
- Net Worth 25.48%
(FY 2023)
- Total Assets 17.62%
(FY 2023)
About Happy Forgings
The Corporate was formerly known as Happy Forgings P Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 18.84 Cr.
The company currently has active open charges totaling ₹332.00 Cr. The company has closed loans amounting to ₹791.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Happy Forgings Limited India are Narinder Singh as Ceo, Bindu Garg as Company Secretary, and Pankaj Goyal as Cfo. Satish Sekhri, Paritosh Kumar, Narinder Singh, and Six other members serve as directors at the Company.
- CIN/LLPIN
L28910PB1979PLC004008
- Company No.
004008
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Jul 1979
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Happy Forgings Limited offer?
Happy Forgings Limited offers a wide range of products and services, including Steering Parts & Components, Steering Parts, Piston & Crankshaft Assemblies, Crankshafts, Gearbox, Axle, Sprocket & Gear Parts, Axle, Drivetrain Components.
Who are the key members and board of directors at Happy Forgings?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Paritosh Kumar  | Managing Director | 01-Jul-2012 | Current |
| Ashish Garg | Managing Director | 01-Oct-2007 | Current |
| Narinder Singh | CEO | 01-Aug-2023 | Current |
| Bindu Garg | Company Secretary | 12-Jul-2022 | Current |
| Pankaj Goyal | CFO | 27-May-2019 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravindra Pisharody | Director | 16-Jun-2022 | Current |
| Narinder Singh | Whole-Time Director | 28-Mar-2006 | Current |
| Satish Sekhri | Director | 04-May-2020 | Current |
| Atul Lall | Director | 31-Jul-2023 | Current |
| Vikas Giya | Director | 31-Jan-2015 | Current |
| Megha Garg | Whole-Time Director | 07-Dec-2015 | Current |
Financial Performance and Corporate Structure Insights of Happy Forgings.
Happy Forgings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.81% increase. The company also saw a substantial improvement in profitability, with a 46.68% increase in profit. The company's net worth Soared by an impressive increase of 25.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Happy Forgings?
In 2023, Happy Forgings had a promoter holding of 88.23% and a public holding of 11.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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 |
How Many Employees Work at Happy Forgings?
Happy Forgings has a workforce of 1891 employees as of Nov 17, 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.
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
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
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.
