Gallard Steel IPO GMP: Day 1 IPO Live Updates

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Posted by : sachet | Wed Nov 19 2025

Gallard Steel IPO GMP: Day 1 IPO Live Updates

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The Gallard Steel IPO GMP is ₹16 as of 19th November 2025. It is a book-building IPO of ₹37.50 crore, comprising a fresh issue of 0.25 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 26th November 2025. The face value of Gallard Steel IPO shares is ₹10 per share, and the IPO price band is set at ₹142 to ₹150 per share. Retail investors can bid for a minimum of 2 lots of 2,000 shares, worth ₹3,00,000.

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Gallard Steel IPO Grey Market Premium

As of 19th November 2025, the GMP for the Gallard Steel IPO stands at ₹16 per share. Thus, the estimated listing price would be ₹166. This indicates that the estimated listing gain in this IPO could be 10.67%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for GMP updates on the Gallard Steel IPO.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
19-11-2025	₹150.00	₹16.00	₹166.00	10.67%
18-11-2025	₹150.00	₹11.00	₹161.00	7.33%
17-11-2025	₹150.00	₹11.00	₹161.00	7.33%
16-11-2025	₹150.00	₹11.00	₹161.00	7.33%
15-11-2025	₹150.00	₹11.00	₹161.00	7.33%
14-11-2025	₹150.00	₹0.00	₹150.00	0.00%
13-11-2025	₹150.00	₹0.00	₹150.00	0.00%

Gallard Steel IPO Details

IPO Open Date	19th November 2025
IPO Close Date	21st November 2025
IPO Allotment Date	24th November 2025
Refund Initiation	25th November 2025
Face Value	₹10 per share
Price Band	₹142 to ₹150 per share
Lot Size	1,000 Shares
Issue Size	25,00,000 shares(aggregating up to ₹37.50 Cr)
Issue Type	Bookbuilding IPO
Listing At	BSE and SME
Listing Date	26th November 2025

Explanation

Gallard Steel IPO: Gallard Steel IPO Limited has announced the issue price of ₹142 to ₹150 per share. With this IPO, the company allows retail investors to bid for one lot of 2,000 shares worth ₹3,00,000. The face value of Gallard Steel IPO Limited shares is ₹10 per share. The shares of Gallard Steel IPO Limited will be listed on BSE and SME on its tentative listing day, 26th November 2025. Scroll down to view GMP updates and reviews of the Gallard Steel IPO.

Objectives of the Gallard Steel IPO

The primary objective of the Gallard Steel IPO is to raise ₹37.80 crore. However, before applying for the IPO, it is essential to understand its secondary objectives.

Funding of capital expenditure towards expansion of the existing manufacturing facility and construction of office Building
Repayment of a portion of certain borrowings availed by the Company
To meet General corporate Requirements

Gallard Steel IPO Registrar

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.

Gallard Steel IPO Review

The Gallard Steel IPO has gained neutral ratings from industry experts, brokers, and institutional investors. 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.

Investors can analyse other relevant factors and make a decision accordingly. Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Gallard Steel IPO or not.

Technical Analysis

Several 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.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	17.31
EPS (Earnings Per Share)	8.67
RoNW	35.51%
ROCE	26.59%
ROE	43.16%
EBITDA Margin	23.39%
Price to Book Value	6.15
Market Capitalisation	₹142.50 Cr

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 Mittal Solutions Limited are subject to change following the IPO. Refer to the table below for post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	17.31	16.6
EPS	8.67	9.04

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FAQs on Gallard Steel IPO

What is the GMP of the Gallard Steel IPO?

As of 19th November 2025, the Gallard Steel IPO (Grey Market Premium) stands at ₹16. This suggests that the estimated listing price could be 10.67% of the share price.

What is the issue price of the Gallard Steel IPO?

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.

Who is the registrar of the Gallard Steel IPO?

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Gallard Steel IPO, download the Gallard Steel IPO RHP and 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.