What is Gallard Steel IPO?

Gallard Steel IPO is a SME IPO. The issue is priced at ₹142-150 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on 19 Nov, and closes on 21 Nov. Ankit Consultancy Pvt.Ltd is the registrar for the IPO. The shares are proposed to be listed on SME.

When does the Gallard Steel IPO open and close?

The Gallard Steel IPO opens on 19 Nov and closes on 21 Nov.

Where can I check the live subscription status of the Gallard Steel IPO?

You can track the real-time subscription numbers using the links below: https://www.iposcanner.ai/ipo/gallard-steel-ipo?tab=subscription

What is the issue size of the Gallard Steel IPO?

The size of Gallard Steel IPO is Total 25,00,000 shares(aggregating up to ₹37.5 crore) : #Fresh Issue : 25,00,000 shares(aggregating up to ₹37.5 crore) + #OFS : TBA.

What is the price band of the Gallard Steel IPO?

The Gallard Steel IPO price band is set between ₹142-150 per equity share.

What is the minimum investment for the Gallard Steel IPO?

The minimum investment for the Gallard Steel IPO is ₹300000.

What is the allotment date of the Gallard Steel IPO?

The share allotment date of Gallard Steel IPO is 24 Nov.

What is the Gallard Steel IPO listing date?

The Gallard Steel IPO will be listed on 26 Nov.

How to check Gallard Steel IPO allotment status online?

Follow the steps to check the Gallard Steel IPO allotment status online here: https://www.iposcanner.ai/ipo/gallard-steel-ipo?tab=allotment

Who is the registrar for the Gallard Steel IPO?

The registrar for the Gallard Steel IPO is Ankit Consultancy Pvt.Ltd. You can check your allotment status on their official website.

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IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

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Gallard Steel

Open Date

19 Nov 2025

Close Date

21 Nov 2025

listed

Min Investment

₹300000

Lot Size

2000 Shares

Issue Size

₹37.5 Cr

Price Range

₹142 - ₹150

Listing Date

Nov 26, 2025

About Gallard Steel

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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.

Checklist Quality Analysis

Revenue Growth

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Open Close17th Jul 2026 - 21st Jul 2026

Issue Size450.00 Cr

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Live IPO

Companies Name	Open - Close	Issue Size	Min. Qty	Issue Price	Apply
Sotefin Bharat SME	16th Jul 2026 - 20th Jul 2026	89.76 Cr	600 Shares	₹ 178.00
Caliber Mining & Logistics Mainboard	17th Jul 2026 - 21st Jul 2026	450.00 Cr	35 Shares	₹ 402.00

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Gallard Steel IPO - Issue Objectives

The company will use up to ₹20.73 crore to expand its existing manufacturing facility The company will use up to ₹7.2 crore towards repayment of certain borrowings Part of the IPO proceeds will be used for general corporate purposes

Capital expenditure

55.2%

Repayment of borrowings

19.2%

General corporate purposes

25.5%

Capital expenditure

The company will use up to ₹20.73 crore to expand its existing manufacturing facility

55.20%

Repayment of borrowings

The company will use up to ₹7.2 crore towards repayment of certain borrowings

19.20%

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes

25.50%

Key Performance Indicator	30-Sep-25 (In Cr.)	31-Mar-25 (In Cr.)	31-Mar-24 (In Cr.)
Revenue	32.14	53.52	27.86
EBITDA	7.42	12.47	5.07
Expenses
Profit After Tax	4.29	6.07	3.20
Assets	50.33	48.77	39.14
Net Worth	21.38	17.08	11.03
Reserves	14.38	10.08	4.03
Borrowing	19.13	20.38	17.59

Gallard Steel

About Gallard Steel

Checklist Quality Analysis

Live IPOs

Grey Market Premium (GMP) Trend

Gallard Steel IPO - Issue Objectives

Capital expenditure

Repayment of borrowings

General corporate purposes

IPO Subscription Status

Financials of Gallard Steel

Gallard Steel - Promoter(s)

Registrar Contact Details

Gallard Steel IPO - FAQs