Fixed Alpha
A+

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

Mangalam Worldwide Limited

INE0JYY07026· Listed on NSE

12.44%

Yield

Tenure

2Y 7M 13D

Maturity Date

28 Apr 2029

Coupon Frequency

Quarterly

Face Value

₹1,00,000

Nature

Secured

Coupon Rate

10.00%

About the Issuer

Mangalam Worldwide Limited (MWL), incorporated in 1995, operates in the steel manufacturing sector, producing stainless steel (S.S.) billets, flat and round bars, ingots, bright bars, and seamless pipes & tubes, while also trading in steel scrap and ferro alloys. The company runs several integrated manufacturing facilities, comprising steel melting shops, rolling mills, and finishing lines, located at Halol, Changodar, and Kapadvanj in Gujarat. MWL is helmed by three managing directors, namely Mr. Chanakya Prakash Mangal, Mr. Chandragupt Prakash Mangal, and Mr. Vipin Prakash Mangal. The company is listed on the National Stock Exchange (NSE) and had a market capitalization of approximately Rs. 795 Cr. as on March 02, 2026.

Rating Rationale

Coupon ladder

Payment schedule of interest and principal

Jul '26Coupon

₹2,493

Oct '26Coupon

₹2,521

Jan '27Coupon

₹2,521

Apr '27Coupon

₹2,466

Jul '27Coupon

₹2,493

Oct '27Coupon

₹2,521

Jan '28Coupon

₹2,514

Apr '28Coupon

₹2,486

Jul '28Coupon

₹2,486

Oct '28Coupon

₹2,514

Jan '29Coupon

₹2,521

Apr '29Coupon + Principal

₹1,02,466

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Mangalam Worldwide Limited

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE0JYY07026If that does not work, try its NSE scrip code:NSE763206
  2. Enter the quantity required.
  3. Enter following Price:₹97,122.66This is the Price at which you will earn Fixed Returns (Yield) of 12.44% if you hold the bond till maturity. If you enter a different price, then your returns will differ.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.