Happy Steels Ltd

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 SafetyCritical Forged and Machined Transmission and Driveline components for Onhighway Offhighway 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 8640.00 MT per annum for cutting process 7776.00 MT per annum for forging process and 4492.80 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 5247.83 MT per annum of machines in cutting process 4545.43 MT per annum of machines in Forging Process and 3321.47 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 3850000 equity shares of face value Rs 10 each through fresh issue..

Listing date: 16 Jul, 2026