Happy Forgings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of HAPPYFORGE?
Owner Type	Number of Shares	Ownership Percentage
General Public	4,438,039	4.71%
Institutions	7,733,763	8.21%
VC/PE Firms	7,985,525	8.48%
Individual Insiders	25,255,455	26.8%
Private Companies	48,792,100	51.8%

Dilution of Shares: HAPPYFORGE only recently listed within the past 12 months

Top Shareholders

Top 25 shareholders own 95.29% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
40.4%	Garg Family Trust	38,047,000	₹38.5b	0%	no data
14%	Ashish Garg	13,200,400	₹13.3b	0%	no data
11.4%	Ayush Capital & Financial Services Private Limited	10,745,100	₹10.9b	0%	no data
10.2%	Paritosh Kumar Garg	9,635,155	₹9.7b	0%	no data
8.48%	Motilal Oswal Alternates	7,985,525	₹8.1b	0%	50.09%
2.57%	Megha Garg	2,419,900	₹2.4b	0%	no data
2.36%	Kotak Mahindra Asset Management Company Limited	2,220,580	₹2.2b	0%	0.08%
2.13%	SBI Funds Management Limited	2,002,967	₹2.0b	25.2%	0.03%
0.96%	Aditya Birla Sun Life AMC Limited	904,233	₹913.9m	0.14%	0.05%
0.71%	DSP BlackRock Investment Managers Pvt. Ltd.	667,213	₹674.3m	-5.77%	0.05%
0.56%	Axis Asset Management Company Limited	526,359	₹532.0m	0%	0.02%
0.5%	HSBC Global Asset Management (UK) Limited	474,315	₹479.4m	0%	no data
0.35%	Morgan Stanley Investment Management Inc.	329,689	₹333.2m	0%	no data
0.3%	Edelweiss Asset Management Limited	280,409	₹283.4m	0%	0.04%
0.095%	Canara Robeco Asset Management Company Limited	89,189	₹90.1m	0%	0.01%
0.069%	BlackRock, Inc.	64,768	₹65.5m	-6.02%	no data
0.055%	Nippon Life India Asset Management Limited	51,461	₹52.0m	0%	no data
0.047%	Invesco Ltd.	44,188	₹44.7m	-7.47%	no data
0.029%	Motilal Oswal Asset Management Company Limited	27,715	₹28.0m	6.88%	no data
0.024%	State Street Global Advisors, Inc.	22,490	₹22.7m	0%	no data
0.01%	HDFC Asset Management Company Limited	9,474	₹9.6m	-87.4%	no data
0.008%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	7,540	₹7.6m	0%	no data
0.0067%	American Century Investment Management Inc	6,312	₹6.4m	0%	no data
0.0034%	Groww Asset Management Limited	3,216	₹3.2m	0.31%	0.03%
0.0015%	Wilshire Advisors LLC	1,423	₹1.4m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 13:58
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Happy Forgings Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mihir Vora	Equirus Securities Private Limited
Vivek Kumar	JM Financial Institutional Securities Limited
Ronak Mehta	JM Financial Institutional Securities Limited