Mangalam Worldwide Limited (MWL), a leading manufacturer of stainless steel products, has announced that it will officially transition to the National Stock Exchange of India’s (NSE) Main Board. The move, approved by the exchange, will take effect on September 18, 2025.
This milestone signifies a major step forward in Mangalam Worldwide’s growth journey, reflecting the company’s strong performance and its expanding footprint in both domestic and international markets. The approval enables the company’s equity shares to migrate from the SME Platform (Emerge) to the prominent Capital Market Segment of the NSE Main Board. The migration involves a total of 2,97,00,674 fully paid-up equity shares, each with a face value of Rs. 10, and adheres to all requirements set by the NSE.
Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, commented, “Our transition to the NSE Main Board is a key achievement that highlights the confidence the market has in our robust business model and future growth prospects. This transition will enhance our visibility, open access to a broader investor base, and strengthen our long-term value proposition to all stakeholders.”
This development is expected to drive increased investor engagement and is aligned with the company’s strategy of scaling operations and boosting its export business across multiple regions. Currently, MWL operates in 20 countries, spanning Asia, Africa, the Middle East, Europe (including Spain, Italy, Germany, France, and Poland), Russia, Thailand, the United States, Canada, Brazil, and Mexico.
Founded in 1995, Mangalam Worldwide is a fully integrated stainless steel manufacturer, specializing in products ranging from scrap melting to the production of seamless pipes and tubes. The company’s facilities include steel melting shops, rolling mills, and a seamless pipes & tubes unit across four plants in Gujarat, covering over 1,25,000 square meters with a combined production capacity of more than 1,90,000 MTPA. With a dedicated workforce of over 750 employees, Mangalam Worldwide is well-positioned to meet the rising demand for stainless steel across various industries.
