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About Mangalam Worldwide Ltd
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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.
Mangalam Worldwide share price as on 05 Dec 2025 is Rs. 262.6. Over the past 6 months, the Mangalam Worldwide share price has increased by 54.65% and in the last one year, it has increased by 57.06%. The 52-week low for Mangalam Worldwide share price was Rs. 132 and 52-week high was Rs. 269.5.
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Mangalam Worldwide Ltd FAQs
You can buy Mangalam Worldwide Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mangalam Worldwide Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 11:23 AM the closing price of Mangalam Worldwide Ltd was Rs.262.60.
The latest PE ratio of Mangalam Worldwide Ltd as of Dec 05, 2025 11:23 AM is 20.61
The latest PB ratio of Mangalam Worldwide Ltd as of Dec 05, 2025 11:23 AM is 2.77
The 52-week high of Mangalam Worldwide Ltd share price is Rs. 269.50 while the 52-week low is Rs. 132.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 11:23 AM, the market cap of Mangalam Worldwide Ltd stood at Rs. 779.95 Cr.
Market Outlook
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