Mangalam Worldwide Limited Achieves Dual Listing Status on BSE and NSE Platforms

Mangalam Worldwide Limited Achieves Dual Listing Status on BSE and NSE Platforms​

Mangalam Worldwide Limited (MWL), a fully integrated stainless steel manufacturing company, has achieved a significant milestone with its equity shares listing on the BSE Mainboard Platform of BSE Limited. This listing underscores the company's growth trajectory and commitment to strengthening its market position in both domestic and global arenas.

The listing involves a total of 2,97,00674 equity shares, each with a face value of Rs. 10/- and fully paid up.

Mr. Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, commented on the achievement, stating, "Our listing on the BSE Mainboard is a proud milestone for Mangalam Worldwide as it reaffirms the market's confidence in our business fundamentals, growth strategy, and long-term vision. This will further enhance our visibility, provide access to a wider investor base, and strengthen our ability to deliver sustainable value to all stakeholders."

By securing dual-exchange status, the company plans to eliminate trading friction, tighten bid-ask spreads, and maximize retail equity access. This recent listing follows the company’s successful migration to the NSE Main Board in September 2025, cementing MWL's credibility across India's premier stock exchanges.

Currently, MWL operates in 20 countries across regions including Asia, Africa, the Middle East, Europe (including Spain, Italy, Germany, Netherlands, France, Poland, and Czech Republic), Russia, Thailand, USA, Canada, Brazil, and Mexico. The company aims to leverage this increased visibility to scale its operations and expand exports globally.

Financial Performance Snapshot​

The company reported strong financial results for FY26. MWL posted a Total Income of ₹1,214.98 crore, marking a 14% year-over-year (YoY) increase. The Profit After Tax (PAT) for the full year was ₹50.14 crore (up 70% YoY). Furthermore, the PAT for Q4 FY26 rose 81% YoY, reaching ₹15.37 crore.

Company Operations and Infrastructure​

Established in 1995, Mangalam Worldwide Limited is a fully integrated stainless steel manufacturer. The company's operations span the entire value chain, from scrap melting to the production of seamless pipes and tubes.

MWL produces a diverse range of products, including stainless steel (SS) billets, ingots, flat bars, round bars, bright bars, and seamless pipes & tubes, along with heat exchanger tubes and U-tubes.

The company's infrastructure includes steel melting shops, rolling mills, a peeling unit with finishing machines, and a seamless pipes & tubes unit. These facilities are spread across four plants in Halol (Unit I), Changodar (Unit II), and Kapadvanj (Unit III & IV), Gujarat. Collectively, these facilities cover over 1,25,000 square meters and boast a total installed capacity exceeding 1,90,000 MTPA. The company maintains a skilled workforce of over 750 people.

MWL Stock Price Movement​

Today, Mangalam Worldwide Limited shares edged higher, closing at ₹382.2, having gained 1.23% in post-market trading. The stock posted an impressive rally of ₹4.65, trading on a volume of 37,929 shares, and notably reaching its 52-week high of ₹385.15.