
Gallard Steel
Open Date
19 Nov 2025
Close Date
21 Nov 2025
Min Investment
₹300000
Lot Size
2000 Shares
Issue Size
₹37.5 Cr
Price Range
₹142 - ₹150
Listing Date
Nov 26, 2025
IPO Doc
RHP PDFAbout Gallard Steel
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.
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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
Repayment of borrowings
The company will use up to ₹7.2 crore towards repayment of certain borrowings
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes
IPO Subscription Status
Financials of Gallard Steel
In Cr.
Revenue: ₹32.14
EBITDA: ₹7.42
Profit: ₹4.29
| 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 - Promoter(s)
Gallard Steel
N/A
N/A
Registrar Contact Details
Ankit Consultancy Pvt.Ltd
Flat No. 01, Sukhsneh Apartment, 168-M Khatiwala Tank, Indore, Madhya Pradesh, 452014
Gallard Steel IPO - FAQs
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