The Government of India unveiled a ₹5 commemorative postage stamp on June 1, 2026, honouring Late Shri Tejmal Ji Mangal, the founder of the Mangal family business legacy. The ceremony took place at the headquarters of mangalam worldwide in Ahmedabad, marking the 84th anniversary of the business foundation established on June 1, 1942. The stamp serves as a tribute to the founder's entrepreneurial vision and the diversified industrial legacy that includes Mangalam Worldwide Limited, a stainless-steel manufacturer and exporter.

The event was attended by Mr. Vipin Prakash Mangal, Chairman of Mangalam Worldwide Limited, along with the fourth generation of the family, Mr. Chandragupt Prakash Mangal and Mr. Chanakya Prakash Mangal. Distinguished guests from the Department of Posts, including Shri Ganesh V. Sawaleshwarkar, Chief Postmaster General, Gujarat Circle, and Shri Krishna Kumar Yadav, Postmaster General, Headquarters Region, Ahmedabad, were present at the unveiling.

Mr. Vipin Prakash Mangal, Chairman, Mangalam Worldwide Limited, stated that the unveiling was a proud moment for the family. He highlighted that Late Shri Tejmal Ji Mangal laid the foundation of the journey in 1942 with values of integrity, perseverance, and commitment. He noted that the honour recognises a journey nurtured across four generations and belongs to family members, employees, partners, and stakeholders.

The Mangal family business began as a modest trading venture and has grown over eight decades into a respected business group. The group contributes to India's industrial and economic development while maintaining the principles established by its founder. The commemorative stamp symbolises the founder's contribution to Indian enterprise and a legacy that has remained resilient and growth-oriented.

Mangalam Worldwide Limited, established in 1995, is a fully integrated stainless steel manufacturer. Its operations range from scrap melting to the manufacturing of seamless pipes and tubes. The company produces stainless steel billets, ingots, flat bars, round bars, bright bars, heat exchanger tubes, and U-tubes across four plants in Gujarat.

The company's infrastructure covers over 1,25,000 square meters and employs a skilled workforce of over 750 people. Mangalam Worldwide Limited is positioned to meet the growing demand for stainless steel products.

Mangalam Worldwide Limited has successfully listed its equity shares on the BSE Mainboard, achieving dual-exchange status across NSE and BSE within eight months. The listing involves a total of 2,97,00,674 equity shares with a face value of ₹10 each fully paid-up, effective from Wednesday, May 27, 2026. This milestone is expected to enhance visibility, provide access to a wider investor base, and eliminate trading friction by tightening bid-ask spreads. The shares have been admitted to dealings in the list of 'B' Group of Securities under BSE Scrip Code 544764.

The company reported strong financial performance for FY26, with Total Income reaching ₹1,214.98 crore, an increase of 14% year-on-year. Profit After Tax (PAT) stood at ₹50.14 crore, up 70% from the previous year. In Q4 FY26, PAT rose 81% year-on-year to ₹15.37 crore. The audited financial results for the year ended March 31, 2026, were submitted as part of the listing process.

Financial Performance FY26

Strategic Expansion

The listing aligns with Mangalam Worldwide's strategy to scale operations and expand exports. The company currently operates in 20 countries across Asia, Africa, the Middle East, Europe, Russia, Thailand, USA, Canada, Brazil, and Mexico. This follows the company's migration to the NSE Main Board in September 2025.

Mangalam Worldwide is a fully integrated stainless-steel manufacturer with operations ranging from scrap melting to the production of seamless pipes and tubes. Its infrastructure includes steel melting shops, rolling mills, and finishing units spread across four plants in Gujarat, covering over 1,25,000 square meters with a total installed capacity of more than 1,90,000 MTPA.