Mangalam Worldwide Limited was originally incorporated on December 11, 1995 as Temchem Exports Private Limited', as a Private Limited Company. Thereafter, the name of the Company was changed to Hindprakash Exim Private Limited' vide fresh Certificate of Incorporation dated April 30, 2007 from Registrar of Companies, Gujarat. Later, the name changed to Mangalam Worldwide Private Limited' dated October 13, 2014. Consequent upon conversion of the Company's status into Public Limited Company, name was Company changed to 'Mangalam Worldwide Limited' and fresh Certificate of Incorporation dated March 16, 2022 was issued by Registrar of Companies, Ahmedabad.
The Company was originally formed in 1995 by Shareholders namely Mr. Suresh J. Sharma and Mr. Bhavin K. Shah with the main object of trading in textile, Chemicals and other Intermediates etc. Later, in November 2000 such then existing shareholders had transferred their stake to Mr. Dinesh Gupta and Mr. Sachin Modi. In the year 2002, Company was taken over by Mangalam Group. At present, majority of the stake belongs to Promoters, Mr. Vipin Prakash Mangal, Mr. Chanakya Prakash Mangal and Mr. Chandragupt Prakash Mangal.
Company is engaged into the business of manufacturing of Stainless Steel (SS) Billets and Ingots, rolling of SS Flat & Round Bars, Bright Bars, Seamless Pipes & Tubes, U - Bend Tubes and ERW Pipes with its fully integrated infrastructure consisting of steel melting shops, rolling mills and finishing machines ... at its plants located at Halol, Changodar and Kapadvanj, Gujarat; and also trading steel scrap and ferro alloys.
The Company's major customers are spread across states Rajasthan, Gujarat, Maharashtra and Uttar Pradesh. Recently, the Company has also started exporting products to Brazil. The Company manufacture wide range of stainless steel of 200 series, 300 series (including series 304 and series 316), 400 series - grades in Austenitic, Ferritic, Martensitic and special chemical composition grades steel like 17/4 PH, Duplex and Super Duplex Steel. The Company with sound infrastructure, zero tolerance quality policies and with energetic team of experts, make sure that it can fulfill any special customer requirements for various critical product applications. The Company is Quality Management System certified Company and holding ISO 9001:2015, ISO 45001:2018, ISO 14001:2015 certificates.
Pursuant to the Scheme of Amalgamation, Agarwal Mittal Concast Private Limited (AMCPL) (a company under Corporate
Insolvency Resolution Process), was amalgamated with the Company effective from December 13, 2021 and the Company acquired a Melting shop at Halol, Gujarat (i.e. Unit - I).
In July 2022, Company made an Initial Public Offer (IPO) for 64,93,200 Equity shares of Rs. 10/- each by raising funds aggregating to Rs. 65.59 Crores.
In 2023, Company started Manufacturing & Marketing of Seamless Pipes & Tubes with Brand Name Mangalam Tubicore. The Steel Division of H.M. Industrial Private Limited (HMIPL) was demerged and vested into with the Company. Similarly, the Company acquired VICOR and Mangalam Saarloh Private Limited (MSPL), a subsidiary company got merged with the Company. Further, pursuant to the proposed Scheme, 245 fully paid up equity shares of Rs. 10/- each were issued by the Company, for every 100 fully paid-up equity shares of Rs. 10/- each of Mangalam Saarloh Private Limited.
In 2025, Company installed bright bar manufacturing unit at Kapadvanj for conversion of 'Round Bar' to 'Bright Bars'.
The Company expanded the international presence in key export markets across Europe and Southeast Asia in FY 2024-25.
FAQs on Mangalam Worldwide Ltd
1. Can I buy Mangalam Worldwide Ltd from PL Capital? ›
Yes, you can invest in Mangalam Worldwide Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Mangalam Worldwide Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Mangalam Worldwide Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Mangalam Worldwide Ltd pay dividends? ›
Yes, Mangalam Worldwide Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Mangalam Worldwide Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Mangalam Worldwide Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Mangalam Worldwide Ltd. is ₹ 274.55 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Mangalam Worldwide Ltd ? ›
The 52-week high and low of Mangalam Worldwide Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
