Gallard Steel Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.150.00
Issue Size:
Rs.37.50 Cr
Lot Size:
1000 shares
Open Date:
November 19
Gallard Steel Ltd. IPO Overview
Bidding Dates
November 19 - November 21
Min Investment
₹150,000
Price Range
₹150.00
Issue Size
₹37.50 Cr
IPO DRHP Doc
Company Overview
Gallard Steel Limited, incorporated in 2015, manufactures engineered steel castings for sectors like railways, defense, and power generation. The company provides high-quality components for various industries, employing 58 people as of February 2025.
IPO Timeline
Opens
Nov 19
Closes
Nov 21
Allotment
Nov 24
Refunds
Nov 25
Shares Credit
Nov 25
Listing
Nov 26
Opens
Nov 19
Closes
Nov 21
Allotment
Nov 24
Refunds
Nov 25
Shares Credit
Nov 25
Listing
Nov 26
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 228.48x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 624.56x | Oversubscribed |
| RII (Retail Individual Investors) | 351.58x | Oversubscribed |
| Total Subscription | 375.54x | Oversubscribed |
Last updated: Nov 21, 2025, 06:21 PM
Current GMP:
Rs.63
Est. Listing:
Rs.213
Est. Gain:
+42.0%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2025 | 2024 |
|---|---|---|---|
| Assets | ₹48.77 Cr | ₹48.77 Cr | ₹39.14 Cr |
| EBITDA | ₹12.47 Cr | ₹12.47 Cr | ₹5.07 Cr |
| NET Worth | ₹17.08 Cr | ₹17.08 Cr | ₹11.03 Cr |
| Profit After Tax | ₹6.07 Cr | ₹6.07 Cr | ₹3.2 Cr |
| Reserves and Surplus | ₹10.08 Cr | ₹10.08 Cr | ₹4.03 Cr |
| Total Borrowing | ₹20.38 Cr | ₹20.38 Cr | ₹17.59 Cr |
| Total Income | ₹53.52 Cr | ₹53.52 Cr | ₹27.86 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- Dependence on a limited number of suppliers for raw materials.
- Exposure to steel price volatility impacting margins and cash flow.
- Single manufacturing location increases operational concentration risk.
- High working capital requirements and reliance on debt funding.
- Intense competition from organized and unorganized steel manufacturers.
IPO Details
Gallard Steel IPO Details
| Face Value | ₹10 per share |
| IPO Date | November 19, 2025 to November 21, 2025 |
| Issue Price Band | ₹142 to ₹150 per share |
| Issue Price Final | ₹150 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | November 26, 2025 |
| Lot Size | 1,000 Shares |
| Net Offered to Public | 23,75,000 shares (aggregating up to ₹35.63 Cr) |
| Reserved for Market Maker | 1,25,000 shares (aggregating up to ₹1.88 Cr)Asnani Stock Broker Pvt.Ltd. |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 95,00,000 shares |
| Share Holding Pre Issue | 70,00,000 shares |
| Total Issue Size | 25,00,000 shares (aggregating up to ₹37.50 Cr) |
Gallard Steel IPO Reservation
Share Reservation Distribution
QIB
1,183,000 shares (47.32%)
Retail
832,000 shares (33.28%)
Anchor Investors
709,000 shares (28.36%)
QIB (Ex-Anchor)
474,000 shares (18.96%)
HNI (NII)
360,000 shares (14.4%)
bNII (>₹10L)
240,000 shares (9.6%)
Market Maker
125,000 shares (5%)
sNII (<₹10L)
120,000 shares (4.8%)
Gallard Steel IPO Promoter Holding
| Promoter Holding Post Issue | |
| Promoter Holding Pre Issue | 91.14% |
Gallard Steel IPO Listing Details
| BSE Listing Group | MT (Trade to Trade) |
| BSE Script Code | 544616 |
| Final Issue Price | ₹150 per share |
| ISIN | INE0BUQ01012 |
| Listing Date | November 26, 2025 |
| NSE Symbol |
Key Dates
Open Date:November 19
Close Date:November 21
Listing Date:November 26
