18 Nov 2025 | 5 Mins Read
Four investors pump Rs 10.6 crore into Gallard Steel
Flipitmoney
Gallard Steel attracted four anchor investors on November 18, raising Rs 10.63 crore ahead of its IPO. The company aims to raise Rs 37.5 crore via an IPO of 25 lakh shares at Rs 142-150 per share. Funds will be used for facility expansion (Rs 20.73 crore), debt repayment (Rs 7.2 crore), and general corporate purpose, with the public issue open till November 21.