{"id":15395,"date":"2025-11-17T12:08:51","date_gmt":"2025-11-17T06:38:51","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=15395"},"modified":"2026-01-07T15:08:02","modified_gmt":"2026-01-07T09:38:02","slug":"gallard-steel-ipo-opens-key-details-investors-shouldnt-miss","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/gallard-steel-ipo-opens-key-details-investors-shouldnt-miss\/","title":{"rendered":"Gallard Steel IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_section el_id=&#8221;blog-inner-layout&#8221;][vc_row overlay_dotted=&#8221;&#8221;][vc_column el_class=&#8221;blog_primary&#8221;][vc_row_inner][vc_column_inner][vc_column_text css=&#8221;&#8221;]<\/p>\n<p>India\u2019s SME IPO lane remains busy in late 2025 as niche industrial players tap the markets. Gallard Steel Limited opens its book-built IPO on November 19, 2025, giving investors a chance to participate in the growth of an engineered steel castings manufacturer serving railways, defence, power generation and heavy engineering.<\/p>\n<p>Below is a structured look at the company and its IPO specifics:<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Gallard_Steel_Ltd\"><\/span><strong>About Gallard Steel Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Incorporated in 2015, <a href=\"https:\/\/www.torusdigital.com\/stocks\/gallard-steel-ltd-share-price\">Gallard Steel Limited<\/a> manufactures engineered steel castings (mild steel, SGCI and low-alloy), delivering ready-to-use components, assemblies and sub-assemblies. Operations run from a foundry in Pithampur, Dhar, Madhya Pradesh (land area 12,195 sq. m., ISO 9001:2015 certified) with in-house capabilities for melting, heat treatment, grinding, moulding, sand mixing and finishing.<\/p>\n<p><strong>End uses &amp; products include:<\/strong><\/p>\n<ul>\n<li><strong>Steel Components:<\/strong> Unmachined and machined parts for multiple sectors<\/li>\n<li><strong>Traction Motor &amp; Bogie Components:<\/strong> For railway applications<\/li>\n<li><strong>Defence Components:<\/strong> Cradle assemblies, recoiling cylinders, trunnion housings<\/li>\n<li><strong>Turbine Sub-assemblies:<\/strong> Guide vanes, bush housings, fork systems (thermal &amp; hydro)<\/li>\n<li><strong>Industrial Machinery:<\/strong> High-temperature liners<\/li>\n<li><strong>Rebonded Foam:<\/strong> Recycled foam for furniture and industrial uses<\/li>\n<\/ul>\n<p><strong>Promoters:<\/strong> Zakiuddin Sujauddin, Hakimuddin Ghantawala, Kaid Johar Kalabhai, Zahabiya Kalabhai, Mariya Zakiuddin Sujauddin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gallard_Steel_IPO_Details\"><\/span><strong>Gallard Steel IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<td>IPO Date<\/td>\n<td>November 19, 2025, to November 21, 2025<\/td>\n<\/tr>\n<tr>\n<td>Face Value<\/td>\n<td>\u20b910\u00a0per share<\/td>\n<\/tr>\n<tr>\n<td>Issue Price Band<\/td>\n<td>\u20b9142 to \u20b9150 per share<\/td>\n<\/tr>\n<tr>\n<td>Lot Size<\/td>\n<td>1,000 Shares<\/td>\n<\/tr>\n<tr>\n<td>Sale Type<\/td>\n<td>Fresh Capital<\/td>\n<\/tr>\n<tr>\n<td>Total Issue Size<\/td>\n<td>25,00,000\u00a0shares<br \/>\n(aggregating up to \u20b937.50\u00a0Cr)<\/td>\n<\/tr>\n<tr>\n<td>Reserved for\u00a0Market Maker<\/td>\n<td>1,25,000\u00a0shares<br \/>\n(aggregating up to \u20b91.88\u00a0Cr)Asnani Stock Broker Pvt.Ltd.<\/td>\n<\/tr>\n<tr>\n<td>Net Offered to Public<\/td>\n<td>23,75,000\u00a0shares<br \/>\n(aggregating up to \u20b935.63\u00a0Cr)<\/td>\n<\/tr>\n<tr>\n<td>Issue Type<\/td>\n<td>Bookbuilding\u00a0IPO<\/td>\n<\/tr>\n<tr>\n<td>Listing At<\/td>\n<td>BSE SME<\/td>\n<\/tr>\n<tr>\n<td>Shareholding Pre Issue<\/td>\n<td>70,00,000\u00a0shares<\/td>\n<\/tr>\n<tr>\n<td>Shareholding Post Issue<\/td>\n<td>95,00,000\u00a0shares<\/td>\n<\/tr>\n<tr>\n<td>Lead Manager<\/td>\n<td>Seren Capital Pvt. Ltd.<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>Ankit Consultancy Pvt. Ltd.<\/td>\n<\/tr>\n<tr>\n<td>Market Maker<\/td>\n<td>Asnani Stock Broker Pvt. Ltd.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"https:\/\/torusdigital.go.link\/hgQeE\" target=\"_blank\" rel=\"noopener\"><br \/>\n<img decoding=\"async\" class=\"responsive-img\" src=\"https:\/\/www.torusdigital.com\/toruscope\/wp-content\/uploads\/2025\/07\/Desktop-1.jpg\" alt=\"\" \/><br \/>\n<\/a><\/p>\n<style>\n  .responsive-img {<br \/>    display: block;<br \/>    margin-left: auto;<br \/>    margin-right: auto;<br \/>    width: 100%;<br \/>    max-width: 900px;<br \/><\/style>\n<h3><span class=\"ez-toc-section\" id=\"Important_IPO_Timeline\"><\/span><strong>Important IPO Timeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>Event<\/strong><\/td>\n<td><strong>Date<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>IPO Open Date<\/td>\n<td>November 19, 2025 (Wed)<\/td>\n<\/tr>\n<tr>\n<td>IPO Close Date<\/td>\n<td>November 21, 2025 (Fri)<\/td>\n<\/tr>\n<tr>\n<td>Tentative Allotment<\/td>\n<td>November 24, 2025 (Mon)<\/td>\n<\/tr>\n<tr>\n<td>Initiation of Refunds<\/td>\n<td>November 25, 2025 (Tue)<\/td>\n<\/tr>\n<tr>\n<td>Credit of Shares to Demat<\/td>\n<td>November 25, 2025 (Tue)<\/td>\n<\/tr>\n<tr>\n<td>Tentative Listing Date<\/td>\n<td>November 26, 2025 (Wed)<\/td>\n<\/tr>\n<tr>\n<td>Cut-off time for UPI mandate confirmation<\/td>\n<td>5 PM on November 21, 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"IPO_Reservation\"><\/span><strong>IPO Reservation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>Investor Category<\/strong><\/td>\n<td><strong>Shares Offered<\/strong><\/td>\n<td><strong>% of Issue<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Maker<\/td>\n<td>1,25,000<\/td>\n<td>5.00%<\/td>\n<\/tr>\n<tr>\n<td>QIB<\/td>\n<td>11,83,000<\/td>\n<td>47.32%<\/td>\n<\/tr>\n<tr>\n<td>NII (HNI)<\/td>\n<td>3,60,000<\/td>\n<td>14.40%<\/td>\n<\/tr>\n<tr>\n<td>Retail (RII)<\/td>\n<td>8,32,000<\/td>\n<td>33.28%<\/td>\n<\/tr>\n<tr>\n<td>Total<\/td>\n<td>25,00,000<\/td>\n<td>100.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Lot_Size_of_Gallard_Steel_IPO\"><\/span><strong>Lot Size of Gallard Steel IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereafter.<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>Application<\/strong><\/td>\n<td><strong>Lots<\/strong><\/td>\n<td><strong>Shares<\/strong><\/td>\n<td><strong>Amount<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Retail (Min)<\/td>\n<td>2<\/td>\n<td>2,000<\/td>\n<td>\u20b93,00,000<\/td>\n<\/tr>\n<tr>\n<td>Retail (Max)<\/td>\n<td>2<\/td>\n<td>2,000<\/td>\n<td>\u20b93,00,000<\/td>\n<\/tr>\n<tr>\n<td>S-HNI (Min)<\/td>\n<td>3<\/td>\n<td>3,000<\/td>\n<td>\u20b94,50,000<\/td>\n<\/tr>\n<tr>\n<td>S-HNI (Max)<\/td>\n<td>6<\/td>\n<td>6,000<\/td>\n<td>\u20b99,00,000<\/td>\n<\/tr>\n<tr>\n<td>B-HNI (Min)<\/td>\n<td>7<\/td>\n<td>7,000<\/td>\n<td>\u20b910,50,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Gallard_Steel_Ltd_Financials\"><\/span><strong>Gallard Steel Ltd. Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Financial_Information_Proforma_Consolidated_%E2%82%B9_Cr\"><\/span><strong>Financial Information (Proforma Consolidated, \u20b9 Cr):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>Period Ended<\/strong><\/td>\n<td><strong>30 Sep 2025<\/strong><\/td>\n<td><strong>31 Mar 2025<\/strong><\/td>\n<td><strong>31 Mar 2024<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Assets<\/td>\n<td>50.33<\/td>\n<td>48.77<\/td>\n<td>39.14<\/td>\n<\/tr>\n<tr>\n<td>Total Income<\/td>\n<td>32.14<\/td>\n<td>53.52<\/td>\n<td>27.86<\/td>\n<\/tr>\n<tr>\n<td>Profit After Tax<\/td>\n<td>4.29<\/td>\n<td>6.07<\/td>\n<td>3.20<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>7.42<\/td>\n<td>12.47<\/td>\n<td>5.07<\/td>\n<\/tr>\n<tr>\n<td>Net Worth<\/td>\n<td>21.38<\/td>\n<td>17.08<\/td>\n<td>11.03<\/td>\n<\/tr>\n<tr>\n<td>Reserves &amp; Surplus<\/td>\n<td>14.38<\/td>\n<td>10.08<\/td>\n<td>4.03<\/td>\n<\/tr>\n<tr>\n<td>Total Borrowing<\/td>\n<td>19.13<\/td>\n<td>20.38<\/td>\n<td>17.59<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Key_Performance_Indicators_at_issue_parameters\"><\/span><strong>Key Performance Indicators (at issue parameters):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>KPI<\/strong><\/td>\n<td><strong>Value<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Capitalisation<\/td>\n<td>\u20b9142.50 Cr<\/td>\n<\/tr>\n<tr>\n<td>ROE<\/td>\n<td>43.16%<\/td>\n<\/tr>\n<tr>\n<td>ROCE<\/td>\n<td>26.59%<\/td>\n<\/tr>\n<tr>\n<td>Debt\/Equity<\/td>\n<td>1.19<\/td>\n<\/tr>\n<tr>\n<td>RoNW<\/td>\n<td>35.51%<\/td>\n<\/tr>\n<tr>\n<td>PAT Margin<\/td>\n<td>11.38%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA Margin<\/td>\n<td>23.39%<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>6.15<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Multiples\"><\/span><strong>Earnings Multiples<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>Metric<\/strong><\/td>\n<td><strong>Pre-IPO<\/strong><\/td>\n<td><strong>Post-IPO<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>EPS (\u20b9)<\/td>\n<td>8.67<\/td>\n<td>9.04<\/td>\n<\/tr>\n<tr>\n<td>P\/E (x)<\/td>\n<td>17.31<\/td>\n<td>16.60<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Promoter_Holding\"><\/span><strong>Promoter Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><\/td>\n<td><strong>Pre-Issue<\/strong><\/td>\n<td><strong>Post-Issue<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Promoter Holding<\/td>\n<td>91.14%<\/td>\n<td><em>&#8211;<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Objects_of_the_Issue\"><\/span><strong>Objects of the Issue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>S. No.<\/strong><\/td>\n<td><strong>Purpose<\/strong><\/td>\n<td><strong>Amount (\u20b9 in Millions)<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1<\/td>\n<td>Capex for the expansion of the existing manufacturing facility and the construction of an office building<\/td>\n<td>201.37<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Repayment of certain borrowings<\/td>\n<td>70.00<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>General corporate purposes<\/td>\n<td>Balance<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Gallard_Steel_Ltd_Industry_Outlook\"><\/span><strong>Gallard Steel Ltd.: Industry Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><strong>Railways &amp; Defence demand tailwinds:<\/strong> Ongoing investments in rolling stock, modernisation and defence procurement support multi-year demand for precision steel castings and assemblies.<\/li>\n<li><strong>Power sector orders:<\/strong> Refurbishment and new build in thermal &amp; hydro keep sub-assembly demand (guide vanes, bush housings) healthy.<\/li>\n<li><strong>Make in India &amp; import substitution:<\/strong> Policy support favours localised, quality-assured suppliers with certified facilities and end-to-end capabilities.<\/li>\n<li><strong>Quality &amp; reliability focus:<\/strong> In-house melting to finishing, along with ISO-certified processes, helps maintain consistent quality and delivery timelines.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Gallard_Steel_IPO_Peer_Comparison\"><\/span><strong>Gallard Steel IPO: Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.torusdigital.com\/ipo\/gallard-steel-ltd-ipo\">Gallard Steel IPO<\/a> can be compared with peers such as <a href=\"https:\/\/www.torusdigital.com\/stocks\/ramkrishna-forgings-ltd-share-price\">Ramkrishna Forgings Ltd<\/a>, <a href=\"https:\/\/www.torusdigital.com\/stocks\/bharat-forge-ltd-share-price\">Bharat Forge Ltd<\/a>, Mahindra CIE Automotive Ltd, <a href=\"https:\/\/www.torusdigital.com\/stocks\/electrotherm-india-ltd-share-price\">Electrotherm (India) Ltd<\/a>, and <a href=\"https:\/\/www.torusdigital.com\/stocks\/steelcast-ltd-share-price\">Steel Cast Ltd<\/a>. Reviewing these companies helps investors understand Gallard Steel\u2019s position within the engineered steel components and heavy castings segment, providing valuable insights into its competitive strengths, operational efficiency, and growth potential within India\u2019s rapidly expanding industrial manufacturing and <a href=\"https:\/\/www.torusdigital.com\/stocks\/sectors\/infrastructure-developers-operators\">infrastructure sector<\/a>.<\/p>\n<p><em><strong>You May Also Like:<\/strong><\/em><\/p>\n<ul>\n<li class=\"post-title\"><em><a href=\"https:\/\/www.torusdigital.com\/toruscope\/news\/excelsoft-technologies-ipo-opens-key-details-investors-shouldnt-miss\/\">Excelsoft Technologies IPO Opens: Key Details Investors Shouldn\u2019t Miss<\/a><\/em><\/li>\n<li class=\"post-title\"><em><a href=\"https:\/\/www.torusdigital.com\/toruscope\/news\/capillary-technologies-ipo-opens-key-details-investors-shouldnt-miss\/\">Capillary Technologies IPO Opens: Key Details Investors Shouldn\u2019t Miss<\/a><\/em><\/li>\n<li class=\"post-title\"><em><a href=\"https:\/\/www.torusdigital.com\/toruscope\/news\/fujiyama-power-systems-ipo-opens-key-details-investors-shouldnt-miss\/\">Fujiyama Power Systems IPO Opens: Key Details Investors Shouldn\u2019t Miss<\/a><\/em><\/li>\n<li class=\"post-title\"><em><a href=\"https:\/\/www.torusdigital.com\/toruscope\/news\/tenneco-clean-air-ipo-opens-key-details-investors-shouldnt-miss\/\">Tenneco Clean Air IPO Opens: Key Details Investors Shouldn\u2019t Miss<\/a><\/em><\/li>\n<li class=\"post-title\"><em><a href=\"https:\/\/www.torusdigital.com\/toruscope\/news\/workmates-core2cloud-ipo-opens-key-details-investors-shouldnt-miss\/\">Workmates Core2Cloud IPO Opens: Key Details Investors Shouldn\u2019t Miss<\/a><\/em><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gallard Steel Ltd. combines sectoral tailwinds (<a href=\"https:\/\/www.torusdigital.com\/stocks\/sectors\/railways\">railways sector<\/a>, <a href=\"https:\/\/www.torusdigital.com\/stocks\/sectors\/aerospace-defence\">defence sector<\/a>, <a href=\"https:\/\/www.torusdigital.com\/stocks\/sectors\/power-generation-distribution\">power sector<\/a>) with integrated manufacturing and a diverse product mix. Financials reflect sharp growth from FY24 to FY25, alongside improving profitability metrics.<\/p>\n<p>That said, investors should consider:<\/p>\n<ul>\n<li>SME listing liquidity,<\/li>\n<li>Order-book cyclicality tied to government and large-capex clients,<\/li>\n<li>Execution risks around capacity expansion.<\/li>\n<\/ul>\n<p>As always, align participation with your risk appetite and investment horizon.<\/p>\n<p>If you are exploring more investment opportunities, check out our dedicated page on <a href=\"https:\/\/www.torusdigital.com\/ipo\/upcoming-ipo\">upcoming IPO<\/a> listings to stay updated on the latest market offerings.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;&#8221;][\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_id=&#8221;share_rating&#8221;][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h6>Rate this article<\/h6>\n<!-- FeedbackWP Plugin 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el_id=&#8221;blog-inner-layout&#8221;][vc_row overlay_dotted=&#8221;&#8221;][vc_column el_class=&#8221;blog_primary&#8221;][vc_row_inner][vc_column_inner][vc_column_text css=&#8221;&#8221;] India\u2019s SME IPO lane remains busy in late 2025 as niche industrial players tap the markets. Gallard Steel Limited opens its book-built IPO on November 19, 2025, giving investors a chance to participate in the growth of an engineered steel castings manufacturer serving railways, defence, power generation and heavy engineering.","protected":false},"author":1,"featured_media":14024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[5,169],"tags":[],"class_list":["post-15395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gallard Steel IPO Opens: What Investors Need To Know?<\/title>\n<meta name=\"description\" content=\"Gallard Steel IPO offers exposure to a fast-growing engineered steel castings maker supplying railways, defence and power. Get key IPO dates, price band, lot sizes, reservation, financials, KPIs, and objects of the issue.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.torusdigital.com\/toruscope\/news\/gallard-steel-ipo-opens-key-details-investors-shouldnt-miss\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gallard Steel IPO Opens: What Investors Need To Know?\" \/>\n<meta property=\"og:description\" content=\"Gallard Steel IPO offers exposure to a fast-growing engineered steel castings maker supplying railways, defence and power. 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Get key IPO dates, price band, lot sizes, reservation, financials, KPIs, and objects of the issue.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.torusdigital.com\/toruscope\/news\/gallard-steel-ipo-opens-key-details-investors-shouldnt-miss\/","og_locale":"en_US","og_type":"article","og_title":"Gallard Steel IPO Opens: What Investors Need To Know?","og_description":"Gallard Steel IPO offers exposure to a fast-growing engineered steel castings maker supplying railways, defence and power. 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