About Gallard Steel 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 Subscription Breakdown

Investory CategorySubscription PercentageAmount 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

Gallard Steel IPO Financial Highlights

No Data Found
No Data Found

Gallard Steel IPO Strengths & Weaknesses

No Data Found
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Gallard Steel IPO Important Dates & Issue Details

Allotment DateListing DateRefund Date
24 Nov '2526 Nov '2525 Nov '25
Issue Composition:
Face Value0 per share
Total Issue Size17,91,000 shares (aggregating up to ₹3,00,000 crores)
Fresh IssueNaN shares (aggregating up to To be announced)
Offer for SaleNaN shares of ₹0 (aggregating up to To be announced)
Issue Type
Post-Issue Shareholding Pattern:
Pre-Issue Shareholding shares
Post-Issue Shareholding0 shares

Gallard Steel IPO Lot Size and Investment Details

Minimum Lot Size--
Maximum Lot Size (Retail)--

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

  1. Log in to your Choice account
  2. Select IPO
  3. Enter the number of lots and your price
  4. Verify UPI ID
  5. Complete the transaction on your UPI app

Gallard Steel IPO Contact & Registrar Details

Contact Details

Address

Address

Phone Number

Phone Number

+91

Email

Email

Website

Website

Registrar Details

Address

Registrar Name

Phone Number

Phone Number

+91

Email

Email

Website

Website

Optivalue Tek Consulting Ltd IPO Lead Manager(s)

Book Running Lead Manager(s)

Gallard Steel IPO FAQs

The minimum lot size is 1000 shares with a price band of ₹142 to ₹150 per share, requiring a minimum investment of ₹3,00,000.

Check allotment status on the registrar's website using PAN number or application number after the Gallard Steel IPO allotment date.

The listing date of Gallard Steel IPO is scheduled for 26 Nov '25 on BSE.

Investment decisions should be based on your risk appetite, financial goals, and a thorough analysis of the company's fundamentals and growth prospects.

Consider factors like company fundamentals, valuation, market conditions, and your investment portfolio before making any investment decision.

You can Gallard Steel IPO apply online through your broker's trading platform, mobile app, or through the ASBA facility via internet banking.

The Gallard Steel IPO allotment date and listing date are 24 Nov '25and 26 Nov '25, respectively.

Yes, you can apply through your bank's internet banking portal. The funds will remain in your account until allotment, and no need for separate IPO funding.