As of March 2026, 78.48% is owned by Indian Promoters and 21.52% by Public.

Institutional holds 18.21% (Insurance Companies 0.22%) and Non-Institutional holds 3.30% as Public shareholders.

Top five Promoters holding highest number of shares of Happy Forgings company are Paritosh Kumar (380.47 lakhs shares / 40.33%), Ashish Garg (129.46 lakhs shares / 13.72%), Ayush Capital & Financial Services Private Limited (107.45 lakhs shares / 11.39%), Paritosh Kumar (89.50 lakhs shares / 9.49%) and Megha Garg (24.20 lakhs shares / 2.56%).