Daily BriefsIndia

Daily Brief India: Happy Forgings Limited and more

In today’s briefing:

  • Happy Forgings Limited Pre-IPO Tearsheet


Happy Forgings Limited Pre-IPO Tearsheet

By Clarence Chu

  • Happy Forgings Limited (6596652Z IN) is looking to raise around US$160m in its upcoming India IPO.
  • Happy Forgings Limited (HF) is a manufacturer of complex and safety critical, heavy forged and high precision machines components in India.
  • As per the Ricardo Report, the firm is the fourth largest firm domestically in terms of FY23 forging capacity. 

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