Gallard Steel Ltd.
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 19-11-2025 | 21-11-2025 | ₹10 per share | 150 | 1,000 Shares | BSE SME | 25,00,000 shares (aggregating up to ₹37.50 Cr) | 2025-11-13 00:00:00 | 2025-11-13 00:00:00 | 2025-11-13 00:00:00 | 13-11-2025 |
About The Company
Gallard Steel IPO is a book build issue of ₹37.50 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹37.50 crore.
Gallard Steel IPO opens for subscription on Nov 19, 2025 and closes on Nov 21, 2025. The allotment for the Gallard Steel IPO is expected to be finalized on Nov 24, 2025. Gallard Steel IPO will list on BSE SME with a tentative listing date fixed as Nov 26, 2025.
Gallard Steel IPO price band is set at ₹142.00 to ₹150.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹3,00,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹4,50,000.
Seren Capital Pvt.Ltd. is the book running lead manager and Ankit Consultancy Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Asnani Stock Broker Pvt.Ltd..
Refer to Gallard Steel IPO RHP for detailed Information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2024 | 39 | 28 | 3 | 11.03 | 4.03 | 17.59 |
| 31-03-2025 | 49 | 54 | 6 | 17.08 | 10.08 | 20.38 |
| 30-09-2025 | 50 | 32 | 4 | 21.38 | 14.38 | 19.13 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| QIB (Ex Anchor) | 228.48 |
| Non-Institutional Buyers | 624.56 |
| Individual Investors (IND category bidding for 2 Lots) | 351.58 |
| Total | 375.54 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | 300000 |
| Individual investors (Retail) (Max) | 2 | 2000 | 300000 |
| S-HNI (Min) | 3 | 3000 | 450000 |
| S-HNI (Max) | 6 | 6000 | 900000 |
| B-HNI (Min) | 7 | 7000 | 1050000 |
IPO Listing Details
| Listing Date | 13-11-2025 |
| BSE Script Code | 544616 |
| NSE Symbol | |
| ISIN | INE0BUQ01012 |
| Final Issue Price | 150 |
Promoter holdings
Zakiuddin Sujauddin, Hakimuddin Ghantawala, Kaid Johar Kalabhai, Zahabiya Kalabhai and Mariya Zakiuddin Sujauddin
Contact Information of the Company
Gallard Steel Ltd.
Flat No. 01,
SukhsnehApartment,
168-M Khatiwala Tank
Indore, Madhya Pradesh, 452014
Phone: +91-9644422252
Email: cs@gallardsteel.com
IPO Registrar
Ankit Consultancy Pvt.Ltd.
Phone: 0731 - 491 298 / 492 698
Email: compliance@ankitonline.com
Website:
IPO Lead Manager
Seren Capital Pvt. Ltd.