Happy Steels Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 63.84 Cr
- Satisfied Charges ₹ 16.92 Cr
- Revenue Growth 5.91%
- Profit Growth 6789.24%
- Ebitda 86.27%
- Net Worth 1.49%
- Total Assets -3.68%
About Happy Steels
Happy Steels Private Limited (HSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 1996 and has a history of 28 years and eight months. Its registered office is in Ludhiana, Punjab, India.
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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹63.84 Cr. The company has closed loans amounting to ₹16.92 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Happy Steels Private Limited India are Harshit Chhabra as CFO and Isha Ghai as Company Secretary. Sanjeev Garg, Parveen Garg, Abhishek Garg, and One other member serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35923PB1996PTC018348
- Company No.
018348
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Jun 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
What products or services does Happy Steels Private Limited offer?
Happy Steels Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Axle, Commercial Vehicle Spare Parts, Rear Axles, Truck Axle Shaft, Automotive Axles, Rear Axle Shaft.
Happy Steels Private Limited
Explore comprehensive data for Happy Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Happy Steels?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Garg  | Managing Director | 15-May-2006 | Current |
| Harshit Chhabra | CFO | 22-Feb-2025 | Current |
| Isha Ghai | Company Secretary | 22-Feb-2025 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjeev Garg | Director | 14-Jun-1996 | Current |
| Parveen Garg | Director | 14-Jun-1996 | Current |
| Deepak Garg | Director | 15-Feb-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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- Happy Axle And Gear Manufacturing Private Limited
Abhishek Garg and Deepak Garg are mutual person
- Happy Autocomp Private Limited
Abhishek Garg and Deepak Garg are mutual person
- Happy Forgetech Private Limited
Abhishek Garg and Deepak Garg are mutual person
Charges (Loans)
Open Charges
₹63.84 Cr
Satisfied Charges
₹16.92 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 63.84 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 |
| 28 Dec 2010 | Hdfc Bank Limited | ₹44.46 Cr | Open |
| 27 Jan 2005 | State Bank Of Bikaner And Jaipur | ₹13.22 Cr | Satisfied |
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.
Deals i
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
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.
Latest Updates, News, and FAQs on Happy Steels
Recent activity within the organization
- Director Appointment
Harshit Chhabra was appointed as a Cfo was appointed as a Cfo on 22 Feb 2025 & has been associated with this company since 19 days .
- 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 19 days .
- Annual General Meeting
Happy Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Happy Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 44.46 Cr registered on 28 Dec 2010 with Charge ID 10261524 was modified on 12 Feb 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100780983 was registered on 20 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Happy Steels Private Limited?
Happy Steels Private Limited was incorporated on 14 Jun 1996.
What is authorized share capital and paid-up capital of Happy Steels Private Limited?
The authorized share capital of Happy Steels Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Happy Steels Private Limited?
Currently 6 directors are associated with Happy Steels Private Limited.
- Sanjeev Garg
- Parveen Kumar Garg
- Abhishek Garg
- Deepak Garg
- Harshit Chhabra
- Isha Ghai
What is the registered address of Happy Steels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Happy Steels Private Limited is Kanganwal Road India, Ludhiana, Punjab, 141122.
What is the corporate identification number (CIN) and company number of Happy Steels Private Limited?
The corporate identification number (CIN) of Happy Steels Private Limited is U35923PB1996PTC018348 and the company number is 018348 as per Ministry of Corporate Affairs (MCA).
What is the official website of Happy Steels Private Limited?
The Official website of Happy Steels Private Limited is https://www.happysteels.com
What has been the recent revenue trend for Happy Steels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Happy Steels Private Limited has risen by 5.91%.
How many employees does Happy Steels Private Limited currently have?
As Per 2023 financial reports, 295 employees are currently employed by Happy Steels Private Limited.
What change has been observed in the net worth of Happy Steels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Happy Steels Private Limited has experienced an upsurge of 1.49%.
What are the total open charges for Happy Steels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Happy Steels Private Limited amount to ₹ 63.84 Cr.
When was the last Balance Sheet of Happy Steels Private Limited filed with the ROC?
The most recent Balance Sheet for Happy Steels Private Limited was filed with the ROC on 31 Mar 2024.
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