How Priyansh Mangtani Built a 100+ Crore Industrial Enterprise
At just 18 years old in 2019, Priyansh Mangtani began his entrepreneurial journey with only 1.5 lakh in capital. With determination, strategic thinking, and strong family guidance, he transformed a modest beginning into a 100+ crore enterprise.
The Mangtani family legacy dates back to 1952, when his grandfather, Tulsidas Mangtani, established the foundation of multiple ventures built on trust, discipline, and long-term relationships. Guided by his father and inspired by his grandfather’s legacy, Priyansh stepped into the industrial world with confidence and vision.
He completed his schooling at SNK School and later pursued an MBA in International Business from Amity University, Noida. His education equipped him with global trade knowledge and modern management skills that would later become instrumental in scaling operations.
Alongside his partner Neel Shah, Priyansh founded PN Metals and Alloys Pvt. Ltd. and PN Alloys Pvt. Ltd., both operating under the umbrella of AFFCHEM Group of Companies.
The companies specialize in the manufacturing and wholesale trading of ferro alloys and metals, catering to leading industrial and steel clients across domestic and international markets. Through quality-focused operations, strong supplier networks, and strategic market positioning, the ventures have achieved consistent and scalable growth.
Today, with a consolidated turnover exceeding 100 crore, the companies stand as a testament to vision, perseverance, and ethical leadership. Priyansh represents a new generation of industrial entrepreneurs who blend traditional values with modern business strategy.
With ambitious expansion plans and a strong operational base, the group is now working with a clear vision of launching an Initial Public Offering (IPO) within the next 2-3 years – marking the next major milestone in its growth journey. The story proves that great enterprises are built not merely on capital, but on conviction, consistency, and long-term vision.