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Gallard Steel Ltd.

Gallard Steel Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹150
₹150
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹150
Based on GMP
Min. Investment
₹150,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Nov 2025
Close Date
21 Nov 2025
Allotment
27 Nov 2025
Listing Date
26 Nov 2025
Exchange
BSE SME
Price Band
₹150
Listing Price
See chart
Allotment Status
Price Band
₹150
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
25,00,000 shares (aggregating up to ₹37.50 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹150,000
1 lot
Pre-IPO Holding
70,00,000 shares
Promoters
Post-IPO Holding
95,00,000 shares
Promoters
P/E (Pre)
17.31x
 
P/E (Post)
16.6x
 
EPS (Pre)
₹8.67
 
EPS (Post)
₹9.04
 
UPI Deadline
2025-11-21
Mandate
Anchor AllotmentTue, 18 Nov 2025
Basis of AllotmentThu, 27 Nov 2025
Refund InitiationFri, 28 Nov 2025
Demat CreditFri, 28 Nov 2025
Listing DayWed, 26 Nov 2025
UPI Mandate Deadline2025-11-21
Sale TypeFresh Capital
Net Offer to Public23,75,000 shares (aggregating up to ₹35.63 Cr)
Market Maker Quota1,25,000 shares (aggregating up to ₹1.88 Cr)
QIB Quota47.32% of Net Issue
HNI / NII Quota14.40% of Net Issue
Retail Quota33.28% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Gallard Steel Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Nov 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
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
IPO Shares Offered
Gallard Steel Ltd. IPO total issue size: ₹37.50 Cr. Retail: ₹12.48 Cr. QIB: ₹17.75 Cr. NII: ₹5.40 Cr.
CategoryShares OfferedAmount (₹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%
* Based on upper price band ₹150 per share
Basis of Allotment
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
* Upper price band ₹150 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹150.00
Upper Band
Min Investment
₹150,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹300,000
Retail (Max — 13 Lots)1313,000₹1,950,000
S-HNI (Min — 14 Lots)1414,000₹2,100,000
B-HNI (Min — 68 Lots)6868,000₹10,200,000
* Issue Price ₹150 × Lot Size 1,000 shares
IPO Schedule
Anchor
18 Nov 2025
✓ Done
IPO Open
19 Nov 2025
✓ Done
IPO Close
21 Nov 2025
✓ Done
Allotment
27 Nov 2025
✓ Done
Refunds
28 Nov 2025
✓ Done
Demat Credit
28 Nov 2025
✓ Done
Listing Day
26 Nov 2025
✓ Done
Gallard Steel Ltd. — Live Price LIVE
₹150.00
INR · BSE
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Issue ₹150.00 Live Price
About Gallard Steel Ltd.

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.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
Gallard Steel Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹27.9
31 Mar 2024
₹53.5
31 Mar 2025
₹32.1
30 Sep 2025
Profit After Tax (PAT)
₹3.2
31 Mar 2024
₹6.1
31 Mar 2025
₹4.3
30 Sep 2025
Particulars30 Sep 202531 Mar 202531 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%
P/BV Ratio
6.15
RoE
43.16%
RoCE
26.59%
RoNW
35.51%
PAT Margin
11.38%
EBITDA Margin
23.39%
Debt/Equity
1.19
Issue Structure & Shareholding
Total Shares Offered25,00,000 (100.00%)
Net Offer to Public23,75,000 shares (aggregating up to ₹35.63 Cr)
Reserved for Market Maker1,25,000 shares (aggregating up to ₹1.88 Cr)
Pre-Issue Promoter Holding70,00,000 shares
Post-Issue Promoter Holding95,00,000 shares
P/BV Ratio6.15
RoE43.16%
RoCE26.59%
Debt / Equity1.19
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Gallard Steel Ltd. IPO subscribed?

Gallard Steel Ltd. IPO is subscribed 1.00 times by Nov 21, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Gallard Steel Ltd. IPO retail subscription status?

The Gallard Steel Ltd. IPO retail category is subscribed 1.00 times as of 21 Nov 2025. The retail portion is oversubscribed.

How to subscribe Gallard Steel Ltd. IPO?

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.

How many times Gallard Steel Ltd. IPO subscribed?

The Gallard Steel Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Gallard Steel Ltd. IPO allotment?

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.

When Gallard Steel Ltd. IPO will be listed?

The Gallard Steel Ltd. IPO listing date is 26 Nov 2025, Wednesday. Listed on: BSE SME. Issue price: ₹150. Estimated listing: ₹150. GMP: NIL.

When Gallard Steel Ltd. IPO close?

The Gallard Steel Ltd. IPO closes on 21 Nov 2025, Friday. UPI mandate: 2025-11-21. Allotment: 27 Nov 2025. Listing: 26 Nov 2025.