Gallard Steel IPO

373.53x

subscribed

Gallard Steel IPO

Engineering
listed
₹2.84LMin. investment
  1. Pre-apply
    18 Nov
  2. Bid start
    19 Nov
  3. Bid end
    21 Nov
  4. Allotment
    24 Nov
  5. Release of funds
    25 Nov
  6. Demat transfer
    25 Nov
  7. Listing
    26 Nov

Gallard Steel Limited IPO Details

SectorEngineering
Price range₹142 – ₹150
IPO type
SME
Lot size1000 shares
Issue size₹37Cr
Red Herring Prospectus
Read
Market Cap
₹142.5CrLower than sector avg
RevenueApr 20NaN - Mar 20FY
₹53.31CrLower than sector avg
Growth rate3Y CAGR
60.92%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹53.31Cr
This sector
₹342.41Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
60.92%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹6.07Cr
This sector
₹38.53Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹142.5Cr
This sector
₹1,862.48Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
17.30
This sector
31.54
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
1.19
This sector
0.53
Compare with companies

Objectives

Capital expenditure
55.20%
General corporate purposes
25.50%
Repayment of borrowings
19.20%

About Gallard Steel Limited

Incorporated in 2015, Gallard Steel Limited is engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation and allied industries. It operates a 12,195 sq. meters manufacturing facility located at Madhya Pradesh, with a capacity utilisation of 95.83% as of September, 2025. Product wise, revenue was led by Traction motors & bogie assembly components, accounting for 78.88% of revenue, while rebonded foam contributing 16.05% of Q2FY26 revenue. The company has presence across 14 states & 1 union territory in India, led by Madhya Pradesh contributing 41.96% and Punjab 19.59% as of September, 2025. Further, the company holds Class ‘A’ foundry status from the Research Designs and Standards Organization (RDSO), Ministry of Railways and is an approved vendor for supplying critical components for defense applications.

Gallard Steel IPO Subscription Status

Date
QIB
NII
Retail
Total
19-Nov-25
2.31 times (X)
5.82 times (X)
7.0 times (X)
5.41 times (X)
20-Nov-25
3.57X
52.97X
48.48X
37.23X
21-Nov-25
13.32X
605.26X
348.31X
373.53X

Frequently asked questions

How to invest in the Gallard Steel IPO ?

Investors can apply for the Gallard Steel IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Gallard Steel IPO ?

The issue size of the Gallard Steel IPO is 37 Cr.

What is 'pre-apply' for Gallard Steel IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Gallard Steel IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.