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IPO Snapshot    
Gallard Steel Ltd.
Issue Open Date 19-Nov-25  
Issue Closing Date 21-Nov-25  
Application Money 100  
Allotment Money  
Price Band 142 - 150  
Minimium Application No. 2000  
Issue Size (Shares) 1791000  
Market Lot 1.00  
Objective
1. Funding of capital expenditure towards expansion of our existing manufacturing facility and construction of office Building;2. Repayment of a portion of certain borrowings availed by our Company;3. General Corporate Purpose
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   485000   224965000   463.85  
Qualified Institutional Buyers   474000   108298000   228.48  
Retail Individual Investors   832000   292514000   351.58  
Business Description
In the railway sector, we supply components for the production of traction motors and bogie assemblies, including control arms for FIAT LHB coaches, stator frames for various motors used by railways for manufacturing of traction motors serving the railway and
more...
Promoter's Holding
Total Share Capital   6380000  
Offered to Public   1791000  
Promoter's Holding (Pre-Issue)   91.14  
Promoter's Holding (Post-Issue)   67.19  
Address
G-1
168 Sukh Sneh Apartment
Khatiwala Tank

Indore ,
Madhya Pradesh ,
452014
Phone: 9644422252
Email: cs@gallardsteel.com
Website: www.gallardsteel.com
Registrar
Ankit Consultancy Pvt Ltd
Plot No 60
Electronic Complex
Pardeshipura
Indore
Listed at
BSE
Lead Manager
Seren Capital Pvt Ltd.
Promoters
Hakimuddin Ghantawala
Kaid Johar Kalabhai
Mariya Zakiuddin Sujauddin
Zahabiya Kalabhai
Zakiuddin Sujauddin
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