Open Date
19 Nov 2025
Close Date
21 Nov 2025
Listing Date
26 Nov 2025
Max Investment
₹9,00,000
Price Range
₹142 - ₹150
Lot Size
2000
IPO Size
₹35.5 - 37.5Cr
Exchange Symbols
Gallard Steel Ltd IPO
₹3,00,000
/ 2,000
Cutoff - Lot Size
Gallard Steel IPO Dates and Timelines
Gallard Steel IPO Size
Gallard Steel IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
7,09,000
-
QIB Shares Offered
11,83,000
49.81%
NII (HNI) Shares Offered
3,60,000
15.16%
Retails Shares Offered
8,32,000
35.03%
Total Shares Offered
25,00,000
-
Total Shares with Anchor Investor
18,92,000
100%
Gallard Steel IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
-
-
-
Retail (Max)
-
-
-
S-HNI (Min)
1
2000
₹3,00,000
S-HNI (Max)
3
6000
₹9,00,000
B-HNI (Min)
4
8000
₹12,00,000
Gallard Steel IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
91.14%
67.16%
Public Group
8.86%
32.84%
Gallard Steel IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
Gallard Steel IPO Peers
Gallard Steel IPO Strengths & Risks
Strength
Risks
In-house manufacturing facilities.
Diverse Customer base.
Wide Geographical reach.
Stringent quality control mechanism ensuring standardized product quality.
The company derives a significant portion of the revenue from the sale of traction motors and bogie assembly components to the railway sector and any decline in their demand may adversely affect its business, results of operations and financial condition.IPO Registrars
Ankit Consultancy Pvt Ltd
Phone Number:
91-0731-3198601/3198
Email ID:
ankit_4321@yahoo.com
Website:
www.ankitonline.org
Gallard Steel Limited
Incorporated in 2015, we are an engineering company engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation and allied industries. Our product portfolio includes critical components such as traction motor components and bogie assembly components for the railway sector, sub assemblies for thermal and hydro turbines used in the power generation sector and components for industrial machinery, equipment and the defence sector. These components are manufactured using unmachined and machined castings made from metals including carbon steel, ductile iron, grey cast iron and medium and low alloy steels. Our clientele primarily comprises companies operating in the heavy engineering, railways and defence sector.
Contact Details
IPO Company Name:
Gallard Steel Limited
Phone Number:
+91 96444 22252
Email ID:
cs@gallardsteel.com
Website:
https://www.gallardsteel.com
Address:
Indore, Madhya Pradesh
Gallard Steel IPO Overview
Gallard Steel: IPO Dates
The Gallard Steel IPO opens for subscription on 19 Nov 2025, and closes on 21 Nov 2025. Investors will likely receive their allotment status updates on 24 Nov 2025. Those who get allotted shares can expect them credited to their Demat accounts by 25 Nov 2025. The shares will be officially listed on the stock exchange on 26 Nov 2025.
Gallard Steel: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹142.0 and ₹150.0 per share.Investors can apply within this range. This SME issue includes a fresh issue worth ₹37.5 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 26 Nov 2025, which is when the shares start trading on the exchange.
Gallard Steel: Lot Size and Issue Size
The minimum application lot size is 2000.0 shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹35.5 - 37.5Cr crore.
How to Apply for Gallard Steel IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select Gallard Steel IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for Gallard Steel?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the Gallard Steel IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 19 Nov 2025.
What is the close date of IPO?
- The closing date of IPO is 21 Nov 2025.
What is the issue size of IPO?
- The issue size of IPO is Rs 35.5 - 37.5 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 2000.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 24 Nov 2025.
What is the listing date of IPO?
- IPO will get listed on 26 Nov 2025.
Who is the registrar of IPO?
- The registrar of IPO is Ankit Consultancy Pvt Ltd.
Open FREE
3-in-1 Account
for all your banking, trading and demat needs
Trade in stocks,
derivatives and F&O
