Gallard Steel IPO
Gallard Steel IPO will open on 19 Nov '25 and close on 21 Nov '25, with the IPO allotment date scheduled for 24 Nov '25. The shares are scheduled to list on BSE with a tentative listing date fixed for 26 Nov '25. The price band is set at ₹142 to ₹150 per share with a minimum lot size of 1,000 shares.
Free Demat with Zero AMC*
Gallard Steel IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 8,95,500 crores |
| Non-Institutional Investors (NIIs) | 15% | 2,68,650 crores |
| Retail Individual Investors (RIIs) | 35% | 6,26,850 crores |
About Gallard Steel Ltd IPO
Incorporated in 2015, Gallard Steel Limited is engaged in the manufacturing of engineered steel castings, including mild steel, SGCI, and low alloy castings.
The company manufactures ready-to-use components, assemblies, and subassemblies for Indian Railways, the defence sector, power generation, and allied industries, providing high-quality solutions across various sectors.
Manufacturing operations are carried out at the foundry, located in Pithampur, Dhar, Madhya Pradesh, spanning a land area of 12,195 square meters and certified to ISO 9001:2015. The company utilises a range of in-house machinery and equipment to support processes such as melting, heat treatment, grinding, moulding, sand mixing and finishing.
The company supplies components for railway traction motors, defence cradles, power generation guide vanes, and industrial machinery liners, serving sectors such as railways, defence, power generation, and heavy engineering industries.
Products:
- Steel Components: Manufacturing unmachined and machined steel components for various sectors.
- Traction Motor & Bogie Components: Producing components for traction motors and bogie assemblies in railways.
- Defence Components: Manufacturing cradle assemblies, recoiling cylinders, and trunnion housings for defence.
- Thermal and Hydro Turbine Sub-Assemblies: Producing guide vanes, bush housings, and fork systems for turbines.
- Industrial Machinery & Equipment: Supplying high-temperature resistance liners for machinery and industrial equipment.
- Rebonded Foam: Recycled foam used in furniture, mattresses, and industrial products.
Competitive Strengths:
- In-house manufacturing facilities
- Diverse Customer base
- Wide Geographical reach
- Stringent quality control mechanism ensures standardised product quality
Gallard Steel IPO Strengths & Weaknesses
No Data Found
Gallard Steel IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 17,91,000 shares (aggregating up to ₹3,00,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Gallard Steel IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Gallard Steel ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Gallard Steel IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Gallard Steel Lead Manager(s)
| Book Running Lead Manager(s) |
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