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Gallard Steel

26 Nov '25SME

Min. Investment

₹2,84,000

Issue size

₹37.5 Cr

GMP

Locked

Overall subscription: 346x

Check allotment status
Locked Content
About company
IPO dates

19 Nov

Opening

21 Nov

Closing

24 Nov

Allotment

26 Nov

Listing

*Refunds will be initiated on 25 Nov '25

About company

IPO quota

ApplicationLotsSharesAmount
Retail (Min)22000₹3,00,000
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About company

Subscription (as on 04 December 2025, 06:30 PM)

Overall346x
QIB IconQualified institutional buyers
228.48x
NIB IconNon-Institutional Buyers
463.31x
Retail IconRetail Investors
344.58x
Employee IconEmployee
-
About company

About company

Founded: 2015|MD: Mr Zakiuddin Sujauddin
  • Gallard Steel is an engineering company involved in manufacturing ready-to-use components, assemblies, and subassemblies for the Indian railways, defence, power generation, and industrial machinery sectors. Its product range includes traction motor components, bogie assembly components, sub-assemblies for thermal and hydro turbines, and cast-metal components made from carbon steel, ductile iron, grey cast iron, and alloy steels. The company also produces cradles, recoiling assembly cylinders, guide vanes, bush housings, fork systems, and high-temperature-resistant liners for various industrial applications.
  • Its operations primarily serve heavy engineering companies, government defence units, and railway manufacturing entities.
  • The company manufactures products at its foundry in Pithampur, Madhya Pradesh, and undertakes machining at its subsidiary Sleeploop India Private Limited (SIPL), which also operates a rebonded foam division. It has additionally set up Gallard Steel Europe B.V. in the Netherlands for future export operations.
About company

Issue Details & Objective

Fresh issue

Lot size

1000 Shares

Price band

₹142 to 150

Face value

₹10 per share

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About company
Financials
Revenue
Value in Cr.
Profit
Value in Cr.
Total assets
Value in Cr.
About company
IPO reservation

Anchor investor - 28.36%

Retail - 33.28%

About companyDownload DRHP (IPO Doc)
FAQs

Should I apply for the Gallard Steel IPO?

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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.

What is the issue size of Gallard Steel IPO?

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The issue size of Gallard Steel IPO is ₹37.5 Cr

What are the open and close dates for Gallard Steel IPO?

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The Gallard Steel IPO will be open for applications from 19 Nov '25 to 21 Nov '25

What is the lot size and minimum order quantity of Gallard Steel IPO?

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The lot size of Gallard Steel IPO is 1000 Shares and its minimum investment amount is ₹2,84,000.

What is the GMP value of Gallard Steel IPO?

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Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Gallard Steel IPO is 34.67
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