Gallard Steel Ltd. IPO

Q: What is the size of Gallard Steel Ltd. IPO?

The size of the Gallard Steel Ltd. IPO is &#8377;37.50 Cr.

Q: What is the price range of Gallard Steel Ltd. IPO?

The price range of Gallard Steel Ltd. IPO is at &#8377;142 to &#8377;150 per share.

Q: What is the minimum investment and lot size required for the Gallard Steel Ltd. IPO?

The minimum investment required is &#8377;1,50,000 and minimum lot size is 1000 shares.

Gallard Steel Ltd., established in 2015, operates in the Engineering - General sector. The company's IPO opened on November 19, 2025 and closed on November 21, 2025, with an issue price of ₹150. The ... Read more

Min Investment

₹ 1,50,000 / 1000 shares

Price Range

₹142 - ₹ 150

Bidding Dates

19 Nov '25 - 21 Nov '25

Total Issue Value

37.50 Cr

Lot Size

1,000

Total Issue Size

37.50 Cr

Listing At

BSE SME

Subscription

351.22 times

BSE Price

183.60 (22.4%)

IPO Timeline

19 Nov 2025

Bidding Starts
21 Nov 2025

Bidding Ends
24 Nov 2025

Allotment Finalization
26 Nov 2025

Listing

About Gallard Steel Ltd.

Incorporated in 2015, we are an engineering company engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation and allied industries. Our product portfolio includes critical components such as traction motor components and ... Read more

Parent organisation

Founded

Gallard Steel Ltd.

2015

Gallard Steel Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	7,09,000 (28.36%)
Market Makers	1,25,000 (5%)
Non Institutional Investors	3,60,000 (14.4%)
Qualified Institutional Buyers (QIBs)	4,74,000 (18.96%)
Retail Individual Investors (RIIs)	8,32,000 (33.28%)

Gallard Steel Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	26.11 Cr	2.21 Cr	3.78 Cr
31 Mar 2023	20.61 Cr	10.35 Lakh	3.86 Cr
31 Mar 2022	14.11 Cr	23.49 Lakh	2.72 Cr

Gallard Steel Ltd. Background

Major Events And Milestones

2015

Incorporation of our Company as “Gallard Steel Limited” under the Companies Act, 2013
2016

ISO 9001:2015 Certification for QMS by BVQL
2018

Achieved Class A Foundry Status
2023

Crossed revenue of Rs. 25 crores
2024

Acquired Sleeploop India Private Limited and made it a wholly-owned subsidiary
2025

Incorporation of Foreign Subsidiary Company, namely, Gallard Steel Europe B.V.

Gallard Steel Ltd. Object of Issues

1. Funding of capital expenditure towards expansion of our existing manufacturing facility and construction of office Building
2. Repayment of a portion of certain borrowings availed by our Company
3. General Corporate Purpose

Gallard Steel Ltd. IPO Listing Details

Listing Date

26 Nov 2025

BSE Script Code

GSL

ISIN

INE0BUQ01012

Final Issue Price

₹ 150

Gallard Steel Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 150.00	-
Open	₹ 223.10	-
Low	₹ 223.00	-
High	₹ 234.25	-
Last Trade	₹ 234.25	-

Gallard Steel Ltd. Company Promoters

1. Zakiuddin Sujauddin
2. Hakimuddin Ghantawala
3. Kaid Johar Kalabhai
4. Zahabiya Kalabhai
5. Mariya Zakiuddin Sujaudddin

Industry Overview

India is the world’s second-largest producer of crude steel, with an output of 125.32 Million Tonnes(MT) of crude steel and finished steel production of 121.29 MT in FY23. India’s domestic steel demand is estimated to grow by 9-10% in FY25 as per ICRA. Under the Union Budget 2023-24, ... Read more

Gallard Steel Ltd. Contact Details

Address: G-1, Sukh Sneh Apartments, Plot no. 168-M, Khatiwala Tank, Indore Madhya Pradesh - 452014
Phone no:9644422252

Email: [email protected]

9644422252

Visit Website

Gallard Steel Ltd. IPO Registrar

Ankit Consultancy Pvt. Ltd.

60, Electronic Complex, Pardeshipura, Indore Madhya Pradesh - 452010

4949444

Gallard Steel Ltd. IPO Lead Manager(s)

Seren Capital Pvt. Ltd.

Office no. 601 to 605, Raylon Arcade, Kondivita, J.B. Nagar, Mumbai Maharashtra - 400059.

46011058

FAQs

When does Gallard Steel Ltd. IPO opens and closes?

Gallard Steel Ltd. IPO opens from 19th November to 21st November 2025.

What is the size of Gallard Steel Ltd. IPO?

The size of the Gallard Steel Ltd. IPO is ₹37.50 Cr.

What is the price range of Gallard Steel Ltd. IPO?

The price range of Gallard Steel Ltd. IPO is at ₹142 to ₹150 per share.

What is the minimum investment and lot size required for the Gallard Steel Ltd. IPO?

The minimum investment required is ₹1,50,000 and minimum lot size is 1000 shares.

When is Gallard Steel Ltd. IPO listing date?

The Gallard Steel Ltd. IPO will be listed on 26th November 2025.

What is the objective of Gallard Steel Ltd. IPO?

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article