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Mangalam Worldwide Limited (NSE: MWL), a stainless steel mill, began trading on the NSE Main Board today after leaving the SME Emerge platform. The move marks a big step in the company’s growth journey. It also shows strong performance and a wider presence in both Indian and global markets.

The NSE cleared the migration of 2.97 crore fully paid-up equity shares of Rs 10 each. The shares started trading on the NSE Capital Market Segment from September 18, 2025. Moreover, the exchange gave its nod in an order dated September 16, 2025. Mangalam Worldwide did not apply to the BSE Main Board because the exchange changed its migration policy on August 11, 2025.

The company is an integrated stainless steel maker producing billets, ingots, bars, flats, angle bars, square bars, seamless pipes, tubes, and U-tubes. It runs plants across Gujarat, including melting at Halol, rolling at Changodar, and bright bars plus seamless pipes and tubes at Kapadvanj. Furthermore, the facilities spread over 1.25 lakh square metres, employ more than 1,000 people, and hold a combined capacity of over 1.90 lakh tonnes.

Managing Director Chandragupt Prakash Mangal said the shift to the NSE Main Board is a proud milestone. He said it showed market trust in the company’s business model and growth plans. Additionally, he added that the move would increase visibility, draw more investors, and build long-term value for stakeholders.

Company Secretary and Compliance Officer Apexa Panchal said the Main Board entry marked a major capital market milestone. She also said the listing will lift visibility and improve investor engagement.

In the June quarter, MWL posted a net profit of Rs 10 crore, up by more than 68 per cent. Total income rose 21 per cent to Rs 279 crore. Besides, the company credited its integrated model and focus on value-added products for the strong numbers.

Mangalam Worldwide exports to more than 20 countries, with a firm presence across Asia, Europe, the Middle East, and Africa. Moreover, Chandragupt said the government’s recent GST reforms would support domestic demand and unlock fresh growth opportunities.

Some promoter and investor holdings will stay locked till November 15, 2025, and November 30, 2026. However, the rest of the shares are open for trade. The company also plans to grow its steel business and increase exports. It expects rising infrastructure and industrial demand in India to drive long-term growth.