Listing Details

Mangalam Worldwide Limited has successfully listed its equity shares on the BSE Mainboard Platform of BSE Limited. This represents a dual-exchange listing achievement, following the company's migration to the NSE Main Board in September 2025. The listing involves 2,97,00,674 equity shares with a face value of ₹10 each fully paid up.

Financial Performance Highlights

The press release highlights strong financial performance for FY26:

  • Total Income: ₹1,214.98 crore, representing 14% year-over-year growth
  • PAT (Profit After Tax): ₹50.14 crore, representing 70% year-over-year growth
  • Q4 FY26 PAT: ₹15.37 crore, representing 81% year-over-year growth

Strategic Significance and Management Commentary

According to Mr. Chandragupt Prakash Mangal, Managing Director, the BSE listing reaffirms market confidence in the company's business fundamentals, growth strategy, and long-term vision. The dual-exchange status is expected to:

  • Eliminate trading friction
  • Tighten bid-ask spreads
  • Maximize retail equity access
  • Enhance visibility and provide access to a wider investor base
  • Strengthen ability to deliver sustainable value to all stakeholders

Global Operations and Expansion

Mangalam Worldwide currently operates in 20 countries across multiple regions:

  • Asia, Africa, Middle East
  • Europe: Spain, Italy, Germany, Netherlands, France, Poland, Czech Republic
  • Russia, Thailand
  • Americas: USA, Canada, Brazil, Mexico

The company aims to expand its product portfolio and strengthen its global presence following the listing.

Business Overview

Established in 1995, Mangalam Worldwide Limited is a fully integrated stainless steel manufacturer with operations ranging from scrap melting to manufacturing of seamless pipes and tubes. Product portfolio includes:

  • Stainless steel billets, ingots, flat bars, round bars, bright bars
  • Seamless pipes & tubes, heat exchanger tubes, and U-tubes

Manufacturing Infrastructure

The company operates four plants across Gujarat:

  • Unit I: Halol
  • Unit II: Changodar
  • Unit III & IV: Kapadvanj

Total facility area: Over 1,25,000 square meters

Total installed capacity: More than 1,90,000 MTPA (Metric Tons Per Annum)

Workforce: 750+ skilled people