Gallard Steel IPO Details: Everything You Should Know about 

Check Expert’s Verdicts on Gallard Steel IPO

The Gallard Steel IPO will be open for bidding from 19th November to 21st November. It is a book-building issue of 37.50 crore shares, comprising a fresh issue of 0.25 crore shares. The IPO is expected to be listed on the BSE and SME, with a tentative listing date of 26th November 2025.

Gallard Steel IPO Details

The Gallard Steel IPO is expected to take place from 19th November 2025 to 21st November 2025. The face value of Gallard Steel IPO shares is ₹10 per share, and the IPO price is set at ₹142 to ₹150 per share.

Ankit Consultancy Private Limited is the registrar of the Gallard Steel IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

Gallard Steel IPO Details 

Gallard Steel IPO Share Reservation

Gallard Steel’ IPO is a book-building issue IPO of 37.50 Crore shares. Gallard Steel Limited Shares will be listed on the BSE and the SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.

Gallard Steel IPO GMP 

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Gallard Steel IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 19th November 2025, the Gallard Steel IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹150 on its tentative listing date, 26th November 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Gallard Steel IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Gallard Steel IPO Review

Review the detailed Gallard Steel IPO review for a thorough understanding of its potential to deliver listing gains. The Gallard Steel IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s economic performance and trends before applying for the Gallard Steel IPO.

Gallard Steel Limited’s revenue increased by 92% from ₹6.07 crore in March 2024 to ₹4.29 crore in March 2025. Moreover, the company’s PAT increased by 90% from ₹6.07 crores to ₹4.29 crores. Investors can analyse other relevant factors and make a decision accordingly.

Gallard Steel Limited’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for Gallard Steel’s IPO on its tentative listing day.

Technical Analysis

Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Gallard Steel IPO

The P/E ratio of Gallard Steel Limited’s shares is 17.31, and its Earnings Per Share (EPS) is 8.67. Thus, the Gallard Steel Limited IPO can deliver gains on its tentative listing day, 26th November 2025

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Gallard Steel Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

Gallard Steel IPO Subscription Status

 The subscription status for the Gallard Steel IPO is yet to be announced. Stay informed on this passage to check the live Gallard Steel IPO subscription status. 

About the Gallard Steel Limited Company Overview

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.

• In-house manufacturing facilities
• Diverse Customer base
• Wide Geographical reach
• Stringent quality control mechanism ensures standardised product quality

Gallard Steel Limited Financials

The company’s financial analysis is essential before applying for Gallard Steel Limited’s IPO. Refer to the table to learn about Gallard Steel Limited’s financial information. 

Explanation

Gallard Steel Limited’s revenue increased by 92% from ₹6.07 crore in March 2024 to ₹4.29 crore in March 2025. Moreover, the company’s PAT increased by 90% from ₹6.07 crores to ₹4.29 crores. Investors can analyse other relevant factors and make a decision accordingly.

Gallard Steel IPO Promoter Holdings

Take a look at the table below to review the holdings of Gallard Steel Limited’s promoters. 

Zakiuddin Sujauddin, Hakimuddin Ghantawala, Kaid Johar Kalabhai, Zahabiya Kalabhai and Mariya Zakiuddin Sujauddin.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Gallard Steel IPO Objectives

The primary objective of the Gallard Steel IPO is to raise ₹37.50 crore. However, before applying for the IPO, it is essential to be aware of its secondary objectives. 

• Funding of capital expenditure towards the expansion of the existing manufacturing facility and the construction of an office Building
• Repayment of a portion of certain borrowings availed by the Company
• To meet general requirements

Should I Invest in the Gallard Steel IPO?

Explore the pros and cons of the Gallard Steel IPO to decide whether to apply for it or avoid it. These pros and cons might help you understand the IPO’s potential to deliver profits in the coming decades.

Pros of Gallard Steel IPO

• Strong industry presence
• Consistent Revenue Growth
• Diversified product portfolio
• Experience of promoters

Cons of the Gallard Steel IPO

• Sector Cyclicality
• High Competiton
• Order Dependency
• Raw material price volatility

How to Invest in the Gallard Steel IPO?

Please follow the steps outlined below to apply for a position at Gallard Steel IPO Limited.

• Step 1: Conduct thorough research on the Gallard Steel IPO, including GMP status, subscription status, issue size, lot size, and other relevant details. 
• Step 2: Open a demat account with Univest to gain real-time insights into GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Place a bid for two lot of 2,000 shares, valued at ₹3,00,000.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Gallard Steel IPO across multiple demat accounts to increase your chances of allotment. 

How to Check Gallard Steel IPO Allotment Status?

You can check for the Gallard Steel IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Gallard Steel IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Gallard Steel IPO allotment status.

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Final Thoughts 

Gallard Steel’ IPO is a Boobuilding IPO of ₹37.50 crore. The shares of Gallard Steel IPO Limited will be listed on the BSE and SME on its tentative listing date of 26th November 2025. Researching the Gallard Steel IPO, including its GMP status and reviews, is highly recommended to secure the desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Stay informed with Univest to get regular updates on the Gallard Steel IPO, GMP, subscription, and more!

FAQs on Gallard Steel IPO

How is the Gallard Steel IPO?

Ans. As of 19th November 2025, the Gallard Steel IPO GMP (Grey Market Premium) stands at 0. It indicates that the estimated listing price could be ₹150 per share. It is a book-building IPO of 37.50 crore shares. The face value of each share of Gallard Steel IPO Limited is ₹10.

What is the Gallard Steel IPO price?

Ans. The Gallard Steel IPO price range is ₹142.00 to ₹150.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 2,000 shares, worth ₹3,00,000. Moreover, HNIs are required to bid for a minimum of 3 lots  (3,000 shares) worth ₹4,50,000.

Is the Gallard Steel IPO a good investment?

Ans. Gallard Steel Limited’s revenue increased by 92% from ₹6.07 crore in March 2024 to ₹4.29 crore in March 2025. Moreover, the company’s PAT increased by 90% from ₹6.07 crores to ₹4.29 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who will be the registrar of the Gallard Steel IPO?

Ans. According to recent updates, Ankit Consultancy Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding the Gallard Steel IPO GMP, allotment, or refund, please contact Ankit Consultancy Private Limited at ankitind@sancharnet.in or 0731-491298/492698.

What is the issue size of the Gallard Steel IPO?  

Ans. Gallard Steel IPO is a book-building issue of 37.50 crore. Moreover, the IPO is set to open on 19th November 2025 and close on 21st November 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Gallard Steel IPO, wait for the Gallard Steel IPO RHP and the Gallard Steel IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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