Listed Price₹223.10
Listing Gain+48.73%
Price Band₹142 - ₹150
Lot Size1,000 shares
Min Bid₹1,50,000
Subscription375.62x
Listed Market Snapshot
₹223.10Listed price from market data
+48.73%listing gain
Issue Amount
₹37.5 Cr
Listed Price
₹223.10
Current Price
₹144.45
Registrar
Ankit Consultancy Private Limited
Timeline•Bookbuilding IPO
Open19 Nov 2025
Close21 Nov 2025
Allotment24 Nov 2025
Listing26 Nov 2025
Quota Reservation Portions
AnchorPortion: 7,09,000 shares
28.36%QIBPortion: 4,74,000 shares
18.96%HNIPortion: 3,60,000 shares
14.4%RetailPortion: 8,32,000 shares
33.28%Market MakerPortion: 1,25,000 shares
5%Minimum Application Bracket Matrix
Retail2 lots / 2,000 shares
₹3,00,000sHNI3 lots / 3,000 shares
₹4,50,000bHNI7 lots / 7,000 shares
₹10,50,000About the Company
Incorporated in 2015, Gallard Steel Limited is engaged in the manufacturing of engineered steel castings, including mild steel, SGCI, and low-alloy castings. The company produces ready-to-use components, assemblies, and subassemblies for sectors such as Indian Railways, defense, power generation, and allied industries. Its products include steel components, traction motor and bogie components for railways, defense cradles and trunnion housings, thermal and hydro turbine sub-assemblies, industrial machinery liners, and rebonded foam for furniture and industrial applications. Gallard Steel is focused on delivering high-quality, durable solutions across multiple sectors and, as of February 28, 2025, employs 58 employees.
Company Promoters
Zakiuddin SujauddinHakimuddin GhantawalaKaid Johar KalabhaiZahabiya KalabhaiMariya Zakiuddin Sujauddin
Lead Managers
Registrar
Ankit Consultancy Private Limited