Gallard Steel Ltd IPO – Dates, Price Band & Lot Size
The Gallard Steel Ltd IPO will be live from 19 Nov'25 to 21 Nov'25 with an issue size of ₹37.50 crores. The IPO is priced in the band of ₹0.00–₹150.00 per share with a minimum lot size of 2000.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹300000.00
Subscribed Times 349.40x
Issues size ₹38 Crores
Price Range ₹0.00 - ₹150.00
Open on 19 Nov'25
Close on 21 Nov'25
Gallard Steel Ltd IPO Details
Lot Size 2000.00
Issue size ₹38 Crores
Issue Type Book Building
Gallard Steel Ltd Shares Offered
Qualified Inst. Buyers 26.47
Non Inst. Buyers 27.08
Retails Ind. Buyers 46.45
Gallard Steel Ltd Subscription Status
(as of 14 Jan 2026) Overall Status 349.40x
Qualified Inst. Buyers 228.48x
Non Inst. Buyers 463.85x
Retails Ind. Buyers 351.58x
Gallard Steel Ltd IPO Timeline
19 Nov'25 Issue Open
21 Nov'25 Issue Close
24 Nov'25 Finalization of Basis of Allotment
25 Nov'25 Initiation of refund
25 Nov'25 Transfer of shares to Demat Account
26 Nov'25 Listing Date
Gallard Steel Ltd Objects of the offer
Expansion of manufacturing capabilities and infrastructure.
Strengthen our presence in the railway and other sectors.
Focus on consistently meeting quality standards.
Gallard Steel Ltd Company's Financials
Assets(cr) Mar 2025 37.58 Mar 2024 30.73 Mar 2023 15.51
Gross Profit(cr) Mar 2025 11.04 Mar 2024 4.99 Mar 2023 2.23
Liabilities(cr) Mar 2025 20.50 Mar 2024 19.70 Mar 2023 9.42
Net Income(cr) Mar 2025 6.07 Mar 2024 3.20 Mar 2023 1.13
Revenue(cr) Mar 2025 53.32 Mar 2024 26.82 Mar 2023 20.59
Gallard Steel Ltd Peer Comparison
Script Name Nitin Castings Ltd Revenue(cr) 150.57 Net Profit(cr) 12.41 EPS 24.14 Current Ratio 9.60
Script Name Pritika Engineering Components Ltd Revenue(cr) 117.38 Net Profit(cr) 5.74 EPS 2.18 Current Ratio 3.69
Gallard Steel Ltd IPO
Gallard Steel Ltd Company Contact Info
G-1 Sukh Sneh Apartments,
Khatiwala Tank,
Indore-452014
Phone : +91 96444 22252
Gallard Steel Ltd Registrar & Transfer Agent
Ankit Consultancy Pvt Ltd
Plot No. 60,
Electronic Complex-Indore - 452010
Phone : 91-0731-3198601/3198602
Fax : 91-0731-4065798
Gallard Steel Ltd Book Running Managers
Seren Capital Pvt Ltd
Offer Related Information
Initial public offer of up to 25,00,000 equity shares of face value of Rs. 10/- each (the equity shares) of Gallard Steel Limited (the company or GSL or the issuer) at an issue price of Rs.150/- per equity share for cash, aggregating up to Rs.37.50 crores(public issue) out of which 1,25,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 150/- per equity share for cash, aggregating Rs. 1.88 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of 23,75,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 150/- per equity share for cash, aggregating up to Rs.35.63 crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.32% and 25.00% respectively of the post-issue paid-up equity share capital of the company.Price Band: Rs. 150for equity share of face value of Rs. 10 each.The floor price is 15.20 times times the face value times of the face value of the equity shares.Bids can made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.
Gallard Steel Ltd IPO FAQs
What is the issue size of Gallard Steel Ltd IPO?
The issue size of Gallard Steel Ltd IPO is ₹ 38 crore.
What is 'pre-apply' for Gallard Steel Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Gallard Steel Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Gallard Steel Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Gallard Steel Ltd IPO?
The IPO opens on 19 Nov and closes on 21 Nov.
What is the lot size and minimum order quantity of the Gallard Steel Ltd IPO?
The minimum order is 1 lot, which consists of 2000.00 shares.
What is the allotment date for the Gallard Steel Ltd IPO?
The allotment is expected on 24 Nov.
Who is the registrar of the Gallard Steel Ltd IPO?
Ankit Consultancy Pvt Ltd is the registrar for this IPO.
Where is the Gallard Steel Ltd IPO getting listed?
It will be listed on BSE.