Gallard Steel Ltd IPO
Price Range
₹142 - ₹150
-
Min. Quantity
2,000 Shares
Closes on
21 November 2025
-
Min. investment
₹3,00,000
Gallard Steel Ltd IPO Timeline
| Event | Date |
|---|---|
| Gallard Steel Ltd IPO Opening Date | 19 November 2025 |
| Gallard Steel Ltd IPO Closing Date | 21 November 2025 |
| Basis of Allotment | 24 November 2025 |
| Initiation of Refunds | 25 November 2025 |
| Credit of Shares to Demat | 25 November 2025 |
| Gallard Steel Ltd IPO Listing Date | 26 November 2025 |
Gallard Steel Ltd IPO Details
| Gallard Steel Ltd IPO Date | 19 November 2025 to 21 November 2025 |
| Gallard Steel Ltd IPO Face Value | ₹10 per share |
| Gallard Steel Ltd IPO Price | ₹142 to ₹150 per share |
| Gallard Steel Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹37.5 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹37.5 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 4,74,000 of the Net Offer |
| Retail Shares Offered | Not less than 8,32,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 4,85,000 of the Net Offer |
| Company Promoters | Zakiuddin Sujauddin, Hakimuddin Ghantawala, Kaid Johar Kalabhai |
Gallard Steel Ltd IPO Lot Size
The Gallard Steel Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹3,00,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- In-house manufacturing facilities.
- Diverse Customer base.
- Wide Geographical reach.
- Stringent quality control mechanism ensuring standardized product quality.
Company Financials
Gallard Steel Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 19.61 | 21.65 | 1.13 |
| 03-2022 | 15.44 | 14.11 | 0.23 |
| 03-2021 | 12 | 9.09 | 0.10 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure towards expansion of the company existing Manufacturing facility and construction of office building
- Repayment of a portion of certain borrowings availed by the company
- General corporate purpose
Gallard Steel Ltd IPO Promoter Holding
| Pre Issue Share Holding | 10.29% |
| Post Issue Share Holding | 7.58% |
Gallard Steel Ltd IPO Subscription Status (Bidding Detail)
The Gallard Steel Ltd IPO is subscribed 349.4 times on 21 November 2025 05:00:00 PM. The public issue subscribed 351.58 times in the retail category, 228.48 times in the QIB category, and 463.85 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 228.48 | 463.85 | 351.58 | - | 349.4 |
Gallard Steel Ltd IPO Prospectus
Gallard Steel Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE - SME |
| ISIN | INE0BUQ01012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
G-1 Sukh Sneh ApartmentsKhatiwala Tank,Indore-452014
Phone: +91 96444 22252
Email: cs@gallardsteel.com
Website: https://www.gallardsteel.com
Gallard Steel Ltd IPO Registrar
Gallard Steel Ltd IPO Lead Manager(s)
- Seren Capital Pvt Ltd
How to Check the Allotment Status of Gallard Steel Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Gallard Steel Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Gallard Steel Ltd IPO
Gallard Steel Limited was incorporated as a limited Company on April 9, 2015 with the Registrar of Companies, Gwalior, Madhya Pradesh. Gallard Steel is an engineering company engaged into manufacturing of ready-to-use components, assemblies, and sub assemblies for Indian railways, defence, power generation and allied industries. The product portfolio includes critical components such as traction motor components and bogie assembly components for railway sector, sub-assemblies for thermal and hydro turbines used in power generation sector and components for industrial machinery, equipment and defence sector. These components are manufactured using unmachined and machined castings made from metals including carbon steel, ductile iron, grey cast iron and medium and low alloy steels. Clientele primarily comprises companies operating in the heavy engineering, railways and defence sector.
FAQ
What is the issue size of Gallard Steel Ltd IPO?
I have pre-applied for Gallard Steel Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.