The Gallard Steel IPO opened on 19-November-2025. It will close on 21-November-2025. The Total IPO Size is 37.50 Crores.
Gallard Steel has set its IPO price at 142-150 Rs per share. They divided IPO into three general categories: 1) QIB, 2) Retail 3) NII.
Gallard Steel are engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation and allied industries.
The product portfolio includes critical components such as traction motor components and bogie assembly components for the railway sector, sub-assemblies for thermal and hydro turbines used in the power generation sector and components for industrial machinery, equipment and the defence sector.
The manufacturing operations are carried out at our foundry located in Pithampur, Dhar, Madhya Pradesh.
Check:- Upcoming SME IPO 2025
Gallard Steel IPO Promoter Holding
Gallard Steel IPO Date, Details & Price Band
| IPO Opening Dates | 19-November-2025 |
| IPO Closing Dates | 21-November-2025 |
| Price Band | 142-150 Rs |
| Fresh Issue | 37.50 crore |
| Offer for sale | NIL |
| Total IPO size | 37.50 crore |
| Face Value | 10 INR Per Share |
| Listing On | BSE SME |
Gallard Steel IPO Market Lot
The Gallard Steel IPO minimum market lot is 2000 shares with a 3,00,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 2 | 2000 | 3,00,000 Rs |
| Retail Maximum | 2 | 2000 | 3,00,000 Rs |
| HNI (Min) | 3 | 3,000 | 4,50,000 Rs |
Gallard Steel IPO Object of the Issue
1) Funding of capital expenditure towards expansion of the existing manufacturing facility and construction of office Building.
2) Repayment of a portion of certain borrowings availed by the Company.
3) General Corporate Purpose.
Restated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Sep-25 | 50.33 | 32.14 | 4.29 |
| 31-Mar-25 | 48.77 | 53.52 | 6.07 |
| 31-Mar-24 | 39.14 | 27.86 | 3.50 |
Gallard Steel FMCG IPO GMP Grey Market Premium
Gallard Steel IPO GMP Grey Market Premium has started today. Check the Latest Gallard Steel IPO GMP Grey Market Premium, Kostak Rates, and Subject to Sauda Price here.
Gallard Steel FMCG IPO Prospectus
| DRHP | Download |
| RHP | Download |
Gallard Steel IPO Form Download
Gallard Steel FMCG IPO is available on the NSE Website as well as on our Portal. Please click here, Gallard Steel IPO Form Download.
Gallard Steel IPO Allotment Date & Details
| Allotment Date | 24-Nov-2025 |
| Initiation of refunds | 25-Nov-2025 |
| Transfer of shares to Demat accounts | 25-Nov-2025 |
| Listing Date | 26-Nov-2025 |
| Check Allotment Status | Click here |
Registrar of Gallard Steel IPO
ANKIT CONSULTANCY PRIVATE LIMITED
Address: 60, Electronic Complex, Pardeshipura, Indore (M.P.) 452010, India
Telephone: +91 0731-4949444
Email: [email protected]
Investor Grievance Email: [email protected]
Website: https://www.ankitonline.com
Contact Person: Saurabh Maheshwari
SEBI Registration Number: INR000000767
CIN: U74140MP1985PTC003074
Gallard Steel Contact Details
Gallard Steel Ltd.
Flat No. 01,
SukhsnehApartment,
168-M Khatiwala Tank
Indore, Madhya Pradesh, 452014
Phone: +91-9644422252
Email: [email protected]
Website: https://www.gallardsteel.com/
Gallard Steel IPO Lead Managers
Seren Capital Private Limited
Address: Office no. 601 to 605, Raylon Arcade, Kondivita, J.B. Nagar, Mumbai,
Maharashtra – 400059
Tel. No.: +91-22-46011058
Email: [email protected]
Investor Grievance Email: [email protected]
Website: https://serencapital.in/
Contact Person: Akun Goyal/Hitesh Sharma
SEBI Regn. No. INM000013156
