Mangalam Alloys was originally incorporated as Mangalam Alloys Private Limited on August 01, 1988 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. The company was subsequently converted in to a public company and consequently name was changed to Mangalam Alloys Limited (MAL) vide fresh certificate of incorporation dated April 20, 1995 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli.
The company was incorporated by its promoters Mr Uttamchand Chandanmal Mehta & Mr Maheshchand Jain with an aim of running stainless steel melting unit as part of business growth. As a part of business growth, the company registered with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli on August 1, 1988 as Mangalam Alloys. The company is having a unique integrated stainless steel, special steel & higher alloys steel melting and further processing unit i.e. up to bright bar fasteners. The company is a stainless steel unit manufacturing SS Ingots, Round Bar, RCS, Bright bar, different sections/ profiles like square, hex, angle, patti, etc, Forging and making fasteners. The company is having integrated stainless steel manufacturing unit with a turnover of Rs 30,292.25 lakh in the financial year ending on March 31, 2023. Having situated in Ahmedabad, Gujarat, the fastest growing city of India and the third in the world, the location of the company is one of the primary factors of its growth.
For more than 3 decades, the company has demonstrated an unwavering commitment to performance along with integrity. In the span of years, the company has expanded into new businesses and new regions building a colossal record of sustained growth. The company manufactures stainless steel ingots through three furnaces by melting of stainless steel scrap, rolling of ingots to stainless steel rounds &flats followed by heat treatment annealing furnace and bright bar unit. The company is awarded by various certificates and ISO 9001:2015 and PED certificate also recognized with Two Star Export House by DGFT, India.
Business are of the company
The company is engaged in the business of manufacturing of Stainless Steel, Special Steel, Alloys Steel Melting and further processing unit i.e. up to Bright Bar Fasteners engineering products.
Products of the company
- Ingots
- Black round bars
- RCS
- Bright forged round bars
- Bright round bars
- Hexagonal & square bars
- Angle bars
- Flat bar
- Hex screw/Het bolt
- Hex nut/Heavy hex nut Allen CSK
- Stud/Threaded
- Allen cap Square head bolts / Screw
Awards, accreditations or recognitions
- 2012: Award for Maximum Participation in Council’s Promotion Activities.
- 2013: Rashtriya Udyog Ratan Award.
- 2018: SME Business Excellence Awards.
History and milestones
- 1988: Incorporation of the Company in the name of ‘Mangalam Alloys’.
- 1995: Conversion of Company from Private to Public Limited Company.
- 2003: Established 16 rolling mill.
- 2007: Investment in Joint Venture at Vietnam & established annealing department & bright bar unit. Recognized as ISO 9001.
- 2008: Investment in Wind Mill of 1.25MW for Green Power.
- 2009: Developed Fastener Division in MAL.
- 2014: Development of New Products i.e. SS Bright Square, Hexagonal Bar, Angles, Flat Bar.
- 2016: Certified as an ISO 18001:2007 Company.
- 2016: Got recognisation of in house R & D centre which is first in india in the sector of stainless steel and higher alloys process.
- 2017: Establishment of 20 inch, 17 inch and 12 inch Rolling Mill.
- 2019: Fully automated imported peeling and reeling machine for brightbar.