Company Intelligence Profile
Mangalam Alloys Limited
Mangalam Alloys Limited makes stainless steel ingots, bars, sections, forged products and fasteners at its units in Chhatral, Gujarat.
CIN: L27109GJ1988PLC011051ActiveRoC-Ahmedabad
Last updated 26 October 2026
AI OverviewGenerated from public records
Mangalam Alloys Limited is a stainless steel manufacturer based in Chhatral, Gujarat. It makes ingots, bars, sections, forged products and fasteners for oil and gas, pump and engineering customers. The company was incorporated on 1 August 1988 and listed on NSE SME Emerge in April 2023. In FY2024-25 it reported revenue of ₹431 Cr and net profit of ₹13 Cr.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Mangalam Alloys Limited |
|---|---|
| CIN | L27109GJ1988PLC011051 |
| Status | Active |
| Listing | Listed (NSE SME Emerge, symbol MAL; IPO April 2023) |
| Incorporated | 1 August 1988. Converted from private to public company; fresh certificate dated 20 April 1995. |
| ROC | RoC-Ahmedabad |
| Sector (NIC) | Manufacturing (NIC 27109) |
| Registered address | Plot No. 3123-3126, GIDC Phase III, Chhatral, Dist. Gandhinagar, Gujarat 382729 |
| Authorized capital | Rs 25,00,00,000 |
| Paid-up capital |
|
Business Overview
- Mangalam Alloys Limited makes stainless steel ingots, round bars, bright bars, sections and profiles, forged products and fasteners.
- It sells mainly to business customers in the oil and gas, pump and engineering sectors.
- It runs two units at GIDC Chhatral, Gandhinagar, Gujarat.
- The company was incorporated on 1 August 1988 and is listed on NSE SME Emerge.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Tushar Uttamchand Mehta | 00187046 | Managing Director | 12 Dec 2005 |
| Pushpa Uttamchand Mehta | 00153558 | Director | 10 Jan 2018 |
| Madhusoodan Hariram Kalla | 06712349 | Director | 24 May 2025 |
| Megha Tushar Mehta | 07195005 | Additional Director | 15 Oct 2025 |
Financials
FY2024-25
- Revenue ₹431 Cr
- Operating profit ₹53 Cr
- Net profit ₹13 Cr
FY2023-24
- Revenue ₹304 Cr
- Operating profit ₹34 Cr
- Net profit ₹11 Cr
Funding
- IPO on NSE Emerge, listed in April 2023.
Charges & Borrowings
| Borrowings | ₹252 Cr (Mar 2025) |
|---|---|
| Borrowings | ₹151 Cr (Mar 2024) |
Credit Ratings
| Infomerics rating action | 15 Jul 2026 (earlier: Jul 2025, Nov 2024) |
|---|---|
| Brickwork rating action | Jul 2025 (earlier: Jun 2025, May 2024) |
Frequently Asked Questions
What does Mangalam Alloys Limited do?
Mangalam Alloys Limited makes stainless steel ingots, round bars, bright bars, sections and profiles, forged products and fasteners. It sells mainly to the oil and gas, pump and engineering sectors.
When was Mangalam Alloys Limited incorporated?
Mangalam Alloys Limited was incorporated on 1 August 1988. It later converted from a private to a public company and received a fresh certificate on 20 April 1995.
What is the CIN of Mangalam Alloys Limited?
The CIN of Mangalam Alloys Limited is L27109GJ1988PLC011051.
Where is Mangalam Alloys Limited registered?
The registered office is at Plot No. 3123-3126, GIDC Phase III, Chhatral, Dist. Gandhinagar, Gujarat 382729. The company is registered with RoC-Ahmedabad.
Who are the directors of Mangalam Alloys Limited?
The directors are Tushar Uttamchand Mehta (Managing Director), Pushpa Uttamchand Mehta, Madhusoodan Hariram Kalla and Megha Tushar Mehta (Additional Director).
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