Happy Steels Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- 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 seven 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 2023. 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.
Sanjeev Garg, Parveen Garg, Abhishek Garg, and Two other members serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U35923PB1996PTC018348
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Company No.
018348
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Jun 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
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.
Who are the key members and board of directors at Happy Steels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjeev Garg
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Managing Director | 14-Jun-1996 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Abhishek Garg
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Director | 15-May-2006 | Current |
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Parveen Garg
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Director | 14-Jun-1996 | Current |
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Neeraj Garg
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Director | 01-Jun-2005 | Current |
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Deepak Garg
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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%.
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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.
Related Corporates (Common Directorship)
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Gamo Forgings Private LimitedSanjeev Garg is a mutual person
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Northstar Autocomp Private Limited
Sanjeev Garg and Parveen Garg are mutual person
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Happy Axle And Gear Manufacturing Private Limited
Abhishek Garg and Deepak Garg are mutual person
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Happy Autocomp Private Limited
Abhishek Garg and Deepak Garg are mutual person
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Happy Forgetech Private Limited
Abhishek Garg and Deepak Garg are mutual person
Charges (Loans)
₹63.84 Cr
₹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.