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Listed

smeBSE SME

Gallard Steel

IPO GMP Today

₹0.00

Last updated: 2 Jan 2026 12:03 am

Gallard Steel IPO Subscription Details
LIVE
Last Updated: 2 Jan 2026 12:03 am
QIB228.48x
NII624.90x
bNII746.48x
sNII381.75x
Total375.62x

Overall Subscription Details: No of Apps.: 184587 | 375.62 times

Open

Nov 19, 2025

Close

Nov 21, 2025

BOA

TBA

Refunds

TBA

Listing

TBA

Gallard Steel Issue Details

Pricing & Lot

Price Band

₹142-150

Face Value

₹10 Per Equity Share

Lot Size

TBA

Managers & Listing

Listing At

BSE SME

Lead Managers

Seren Capital Pvt.Ltd

Registrar

Ankit Consultancy Pvt.Ltd

Issue Size

25,00,000 shares(aggregating up to ₹37.5 crore)

Gallard Steel IPO Reservation
Gallard Steel IPO offers total 2500000 shares. Out of which 474000 (18.96%) allocated to QIB, 360000 (14.4%) allocated to NII,832000 (33.28%) allocated to RII, NA (NA%) allocated to employees and 709000 (28.36%) allocated to Anchor investors.
Investor CategoryShares OfferedPercentage
Anchor Investor Shares Offered709000 (28.36%)28.36%
Market Maker Shares Offered125000 (5%)5.00%
QIB Shares Offered474000 (18.96%)18.96%
NII (HNI) Shares Offered360000 (14.4%)14.40%
bNII > ₹10L240000 (9.53%)9.53%
sNII < ₹10L120000 (4.77%)4.77%
Individual Shares Offered832000 (33.28%)33.28%
Total Shares Offered2500000 (100%)100.00%
GMP & Listing Expectation

GMP (per share)

0.00

Est. Listing Price

150.00

Total Listing Gain (per lot)

0.00

Grey Market Premium (GMP) is an unofficial market indicator. It reflects the premium investors are willing to pay over the issue price before listing. This is not a guaranteed return and can change rapidly.

Valuations
EPS (Pre IPO)₹8.67/-
EPS (Post IPO)₹9.04/-
Price to Book Value6.15
Market Cap142.50 Cr.
Gallard Steel IPO – FAQs

The Gallard Steel is a 25,00,000 shares(aggregating up to ₹37.5 crore) initial public offering. Incorporated in 2015, Gallard Steel Limited is a manufacturer of engineered steel castings, which includes mild steel, S... You can learn more about what an IPO is in our beginner-friendly guide.

About Gallard Steel

Incorporated in 2015, Gallard Steel Limited is a manufacturer of engineered steel castings, which includes 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. The foundry, spread over an area of 12,195 square meters in Pithampur, Dhar, Madhya Pradesh, performs the manufacturing operations and is ISO 9001:2015-certified. The company makes use of various in-house machinery and equipment for processes related to 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 to sectors such as railways, defence, power generation, and heavy engineering industries.

Gallard Steel Financials
(₹ in crore)
Company Details

GainIPO data last updated: 01 Jan 2026, 06:33 PM IST

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.