Gallard Steel Ltd
Pre Issue Shares
70,00,000
No. of Shares Issued
30,00,000
Pre Issue Equity Amt.
₹7 Cr
DP Filling Date
25 March 2025
Gallard Steel Ltd IPO Timeline
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.
Gallard Steel Ltd IPO Details
| Gallard Steel Ltd IPO Date | - |
| Gallard Steel Ltd IPO Face Value | - |
| Gallard Steel Ltd IPO Price | - |
| Gallard Steel Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Zakiuddin Sujauddin, Hakimuddin Ghantawala, Kaid Johar Kalabhai |
- 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 |
|---|---|---|---|
| 03-2024 | 39.13 | 27.86 | 3.18 |
| 03-2023 | 19.61 | 21.65 | 1.13 |
| 03-2022 | 15.44 | 14.11 | 0.23 |
| 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 Prospectus
Gallard Steel Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
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