As of September 2026, 78.44% is owned by Indian Promoters and 21.56% by Public.

Top five Promoters holding highest number of shares of Happy Forgings company are Paritosh Kumar (380.47 lakhs shares / 40.30%), Ashish Garg (129.46 lakhs shares / 13.71%), Ayush Capital and Financial Services Private Limited (107.45 lakhs shares / 11.38%), Paritosh Kumar (89.50 lakhs shares / 9.48%) and Megha Garg (24.20 lakhs shares / 2.56%).