Happy Steels was originally incorporated as ‘Happy Steels Private Limited’ as a private limited company under the Companies Act, 1956 on June 14, 1996. Thereafter, the company was converted into a public limited company from a private limited company pursuant to a special resolution passed by the shareholders of the company on February 15, 2025 consequent to which the name of the company changed from ‘Happy Steels Private Limited’ to ‘Happy Steels Limited’ on March 20, 2025.
It is an integrated manufacturer of Safety-Critical, Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EV and Defence applications. The company’s product portfolio consists of wide range of Axles, Long Spline Shafts, Spindle and other related components that are critical of vehicle performance and safety. Over the years, the company has developed strong capabilities in manufacturing safety-critical, high strength and load-bearing components through a combination of forging, precision machining, and stringent quality control processes that are supplied to original equipment manufacturers (OEMs) and Tier-I suppliers in India and overseas.
Its manufacturing operations are supported by an integrated process covering raw material procurement, forging, heat treatment, machining, gear cutting, drilling, surface hardening, grinding, inspection and packing. These capabilities enable it to manufacture components with defined mechanical properties, dimensional accuracy and consistency, in line with customer specifications. Its operations are engineering-driven and include capabilities such as reverse engineering of components, process design, validation and quality control. It works closely with its customers at various stages of the product lifecycle, including design finalisation, process development and serial production. Its in-house facilities for forging, machining, heat treatment and testing allow it to maintain control over quality parameters and production timelines.
Business area of the company
The company is engaged in the manufacturing and sales of different types of Automative parts. The company’s product portfolio consists of wide range of axles, long spline shafts, spindle and other related components that are critical of vehicle performance and safety.
Products of the company
- Axle
- Shaft
- Rough Steel Forging
- Spindle
- Stub Axle
- Knuckle
- Case Diff
- Steering Arms
- Others
Awards and recognitions
- 2014: Best supplier award for quality and delivery from Eicher Tractors.
- 2015: Superior excellence award for product cost from Mahindra and Mahindra - Swaraj Division.
- 2018-19: Best supplier award from Sonalika Machinery.
- 2024: Certificate of approval as heat treatment plant from Kubota Corporation.
History and milestones
- 1996: The company was incorporated in 1996 under the name and style of ‘Happy Steels Private Limited’ and commenced its operations with the manufacture of axle shafts for tractors from a facility admeasuring around 2,600 square yards.
- 2000: Expanded by acquiring of 18,400 square yard land and installing a 1200-ton Horizontal Forging Press and Heat Treatment Furnace.
- 2000: Entered the off-road vehicles equipment segment with direct supplies to Original Equipment Manufacturer (OEM) companies.
- 2007: Established a Machine Component Division to transition from conventional to CNC machining.
- 2013: Commissioned a second 1200-ton Heavy Duty Horizontal Forging Press and Heat Treatment Furnace to enhance capacity.
- 2018: Entered the Commercial Vehicle and Defence Sectors with direct supplies to Original Equipment Manufacturers (OEMs) companies.