Happy Forgings Limited, established in 1979 and converted to a public limited company in 1998, is a prominent Indian manufacturer specializing in complex, heavy forged, and precision machined components. The company serves both domestic and global customers, primarily in the automotive sector, including commercial vehicles and farm equipment, as well as non-automotive sectors like oil and gas, power generation, railways, and wind turbines. It is recognized as a leading player in the crankshaft manufacturing industry in India, boasting the second largest production capacity for commercial and high-horsepower industrial crankshafts.
Happy Forgings has a history of strategic expansion and technological advancement, including the installation of multiple high-capacity forging presses and the establishment of several facilities. Recent developments include manufacturing components for electric buses and wind turbines. The company is poised for further growth, with plans for an Initial Public Offering consisting of a fresh issue of Rs 500 Crores and an offer for sale of over 8 million equity shares.
