Incorporated in 1988, Mangalam Alloys Limited is a stainless-steel manufacturer producing SS ingots and various finished products like SS black bars, bright round/hex/square bars, angles, pattis, forgings, and fasteners in over 30 international grades, ranging from 3 mm to 400 mm. The company recycles stainless steel scrap, melts it using three furnaces, and converts it into rounds and flats through rolling, annealing, and bright bar processing. Its manufacturing unit spreads across 40,000 sq. meters with a 25,000 TPA melting capacity, and the company reported revenues of ₹30,292.25 lakhs in FY23, ₹30,936.90 lakhs in FY22, and ₹27,125.88 lakhs in FY21.