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Incorporated in July 1979, Happy Forgings is an Indian manufacturer, specialising in designing and manufacturing heavy forgings and high-precision machined components.
Happy Forging IPO attempts to raise around 1,008 crore via OFS and fresh issue, open from 19 to 21 December, , stock market, nifty, sensex, ipos, IPO launch, Happy Forge, retail investors, Intraday, national stock exchange
The share of machined parts - a segment that enjoys higher realisation in forging - in the company s total volume has been consistently increasing and it has been able to source raw materials at a lower rate. This helped Happy Forgings enjoy the highest operating margin among peers.
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