Mangalam Alloys Limited, established in 1988, is a public company focused on manufacturing stainless steel, special steel, and alloy steel products, including ingots, round bars, and various profiles. Located in Gujarat, the company operates an integrated stainless steel unit on 40,000 sq. meters with an installed capacity of 25,000 TPA. It produces stainless steel ingots through three furnaces and features heat treatment annealing and a bright bar unit.
The company has expanded its capabilities with investments in rolling mills, a joint venture in Vietnam, and a wind mill for green power. It is ISO 9001 certified and has developed a fastener division. Mangalam Alloys went public with an IPO, raising Rs 54.91 Crore, which included a fresh issue and an offer for sale. Its strategic expansions and product diversification position it as a significant player in the stainless steel manufacturing sector.
