Happy Forgings Ltd.

Shareholders holding 1% or more · latest filing Sep 2026

Ownership split · Sep 2026

Share of total equity by holder type, with change since Jun 2026.

Promoters 78.44% 0.02 pp
FII / FPI 2.37% 0.49 pp
DII 14.93% 0.61 pp
Retail & others 4.26% 0.13 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters78.6%78.57%78.54%78.52%78.5%78.48%78.46%78.44%
FII / FPI2.28%2.19%2.17%2.02%1.84%1.73%1.88%2.37%
DII17.06%17.07%16.98%17.01%16.73%16.48%15.54%14.93%
Retail & others2.05%2.17%2.31%2.45%2.93%3.31%4.13%4.26%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

14 current holders with 1% or more in the Sep 2026 filing. Click a name to see everything they hold.

Holder Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 Change (QoQ)
PARITOSH KUMAR Promoter 49.89%4.70 49.87%4.70 49.84%4.70 49.83%4.70 49.82%4.70 49.82%4.70 49.79%4.70 49.78%4.70 0.01 pp
ASHISH GARG Promoter 13.74%1.29 13.74%1.29 13.73%1.29 13.73%1.29 13.72%1.29 13.72%1.29 13.72%1.29 13.71%1.29 0.01 pp
AYUSH CAPITAL AND FINANCIAL SERVICES PRIVATE LIMITED Promoter New – – – – 11.39%1.07 – – 11.38%1.07 –
SBI Small Cap Fund Institution – 5.99%0.56 5.41%0.51 5.62%0.53 5.62%0.53 5.45%0.51 4.98%0.47 4.81%0.45 0.17 pp
MEGHA GARG Promoter 2.57%0.24 2.57%0.24 2.57%0.24 2.57%0.24 2.57%0.24 2.56%0.24 2.56%0.24 2.56%0.24 0
HSBC MUTUAL FUND- HSBC SMALL CAP FUND Institution New – – – – – – – 2.35%0.22 –
Kotak Small Cap Fund Institution 2.26%0.21 2.27%0.21 2.26%0.21 2.26%0.21 2.26%0.21 – 2.26%0.21 2.25%0.21 0.01 pp
AXIS MUTUAL FUND TRUSTEE LTD A/C AXIS MUTUAL FUND A/C AXIS SMALL CAP FUND Institution New – – – – – – – 1.43%0.13 –
IKIGAI ALTERNATE EMERGING EQUITY FUND Institution New – – – – – – – 1.08%0.10 –
PARITOSH KUMAR GARG HUF Promoter – 0.73%0.07 0.73%0.07 0.73%0.07 0.73%0.07 0.73%0.07 0.73%0.07 0.73%0.07 0
Ashish Garg & Sons (Huf) Promoter New – – – – – – – 0.27%0.03 –
LLP Public – – – 0%0.00 0.01%0.00 0%0.00 0%0.00 0.02%0.00 0.02 pp
SUDESH KUMARI AGARWAL Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0.00 0
Rashmi Garg Promoter New – – – – – – – 0%0.00 –
ASHISH GARG & SONS HUF Promoter Exited / below 1% 0.27%0.03 – – – 0.27%0.03 0.27%0.03 0.27%0.03 – –
Ikigai Emerging Equity Fund Institution Exited / below 1% – – 1.02%0.10 1.07%0.10 1.16%0.11 1.24%0.12 1.2%0.11 – –
AYUSH CAPITAL & FINANCIAL SERVICES PRIVATE LIMITED Promoter Exited / below 1% – – – – – 11.39%1.07 11.39%1.07 – –
Hsbc Mutual Fund - Hsbc Small Cap Fund Institution Exited / below 1% – – – – – 1.16%0.11 2.38%0.22 – –
Axis Mutual Fund Trustee LimitedA/C Mutual Fund A/C Axis Small Cap Fund Institution Exited / below 1% – – – – – – 1.43%0.13 – –
Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Flexi Cap Fund Institution Exited / below 1% 1.06%0.10 1.05%0.10 1.05%0.10 – 1.06%0.10 1.06%0.10 – – –
Kotak Mahindra Trustee Co Ltd A/C Kotak Multicap Fund Institution Exited / below 1% – – – – – 4.42%0.42 – – –
BUSINESS EXCELLENCE TRUST III- INDIA BUSINESS EXCELLENCE FUND III Institution Exited / below 1% – – – 4.04%0.38 3.37%0.32 – – – –
AYUSH CAPITAL AND FINANCIAL SERVICES P LTD Promoter Exited / below 1% 11.41%1.07 11.4%1.07 11.4%1.07 11.39%1.07 – – – – –
ASHISH GARG AND SONS HUF Promoter Exited / below 1% – 0.27%0.03 0.27%0.03 0.27%0.03 – – – – –
ADITYA BIRLA SUN LIFE TRUSTEE P LTD A/C ADITYA BIRLA SUN LIFE FLEXI CAP FUND Institution Exited / below 1% – – – 1.05%0.10 – – – – –
Business Excellence Trust Iii - India Business Excellence Fund Iii Institution Exited / below 1% 8.3%0.78 4.15%0.39 4.12%0.39 – – – – – –
PARITOSH KUMAR GARG (HUF) Promoter Exited / below 1% 0.73%0.07 – – – – – – – –
Sbi Automotive Opportunities Fund Institution Exited / below 1% 1.97%0.19 – – – – – – – –

Companies only disclose holders with 1% or more, so “Exited / below 1%” can also mean the stake fell under 1%. “pp” = percentage points.

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