| Category | Subscription | Shares Offered | % of Total | Amount (₹Cr) |
|---|---|---|---|---|
|
Market Maker
|
Awaited |
125,000
5% |
5%
|
₹1.88 |
|
QIB
|
Over 1.00x
|
1,183,000
47.32% |
47.32%
|
₹17.75 |
|
NII / HNI
|
Over 1.00x
|
360,000
14.4% |
14.4%
|
₹5.40 |
|
Retail
|
Over 1.00x
|
832,000
33.28% |
33.28%
|
₹12.48 |
| Total | 1.00x | 2,500,000 |
100% | ₹37.50 |
| Category | Shares Offered | Amount (₹Cr) | Size (%) |
|---|---|---|---|
| QIB | 1,183,000 | ₹17.75 |
47.32%
|
| Market Maker | 125,000 | ₹1.88 |
5.00%
|
| NII | 360,000 | ₹5.40 |
14.40%
|
| Retail | 832,000 | ₹12.48 |
33.28%
|
| Total | 2,500,000 | ₹37.50 |
100.00%
|
| QIB | NII | Retail | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (shares) | — | — | — | — | — | 360,000 | 832,000 | 1,192,000 |
| Allotment price (₹) | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (₹Cr) | — | — | — | — | — | — | ₹12.48 | ₹12.48 |
| Times subscribed | 1 | — | — | — | — | 1 | 1 | 1 |
| Shares allotted | — | — | — | — | — | 360,000 | 832,000 | 1,192,000 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 2,000 | ₹300,000 |
| Retail (Max — 13 Lots) | 13 | 13,000 | ₹1,950,000 |
| S-HNI (Min — 14 Lots) | 14 | 14,000 | ₹2,100,000 |
| B-HNI (Min — 68 Lots) | 68 | 68,000 | ₹10,200,000 |
Gallard Steel Ltd. is proposing an IPO on BSE SME under the SME category. Total issue: 25,00,000 shares (aggregating up to ₹37.50 Cr).
Opens 19 Nov 2025, closes 21 Nov 2025. Listing: 26 Nov 2025. Apply via ASBA or UPI.
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 32.14 | 53.52 | 27.86 |
| EBITDA | 7.42 | 12.47 | 5.07 |
| Profit After Tax (PAT) | 4.29 | 6.07 | 3.20 |
| Net Worth | 21.38 | 17.08 | 11.03 |
| Total Assets | 50.33 | 48.77 | 39.14 |
| Reserves & Surplus | 14.38 | 10.08 | 4.03 |
| Borrowings | 19.13 | 20.38 | 17.59 |
| EBITDA Margin (%) | 23.39% | — | — |
| PAT Margin (%) | 11.38% | — | — |
Gallard Steel Ltd. IPO is subscribed 1.00 times by Nov 21, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional (QIB) | 1.00x |
| Non Institutional (NII/HNI) | 1.00x |
| Retail Individual | 1.00x |
| Total Subscription | 1.00x |
The Gallard Steel Ltd. IPO retail category is subscribed 1.00 times as of 21 Nov 2025. The retail portion is oversubscribed.
Subscribe via your broker app using ASBA or UPI. Opens 19 Nov 2025 and closes 21 Nov 2025. Min investment: ₹150,000 (1 lot = 1,000 shares). UPI mandate: 2025-11-21.
The Gallard Steel Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.
Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Nov 2025. Refunds: on 28 Nov 2025.
The Gallard Steel Ltd. IPO listing date is 26 Nov 2025, Wednesday. Listed on: BSE SME. Issue price: ₹150. Estimated listing: ₹150. GMP: NIL.
The Gallard Steel Ltd. IPO closes on 21 Nov 2025, Friday. UPI mandate: 2025-11-21. Allotment: 27 Nov 2025. Listing: 26 Nov 2025.