IPO Details - Gallard Steel Ltd.
Gallard Steel Ltd.
IPO

Gallard Steel Ltd.

Closed
BSE SME Bookbuilding IPO Face Value: ₹10.00 Lot Size: 1000.00

Issue Price: ₹150.00 | Sale Type: Fresh Capital

Grey Market Premium per share
₹150.00
Issue Price
1000.00
Lot Size
₹10.00
Face Value
0%
Est. Listing Gain

IPO Details

Issue Type: Bookbuilding IPO
Issue Price: ₹150.00
Lot Size: 1000.00
Sale Type: Fresh Capital
Face Value: ₹10.00
Listing Exchange: BSE SME
GMP:
Est. Listing: 2025-11-26

IPO Timeline

2025-11-19
IPO Opens for Subscription
2025-11-21
IPO Closes for Subscription
2025-11-26
Tentative Listing Date

About 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 manufactures ready-to-use components, assemblies, and subassemblies for Indian Railways, the defence sector, power generation, and allied industries, providing high-quality solutions across various sectors.

Manufacturing operations are carried out at the foundry, located in Pithampur, Dhar, Madhya Pradesh, spanning a land area of 12,195 square meters and certified to ISO 9001:2015. The company utilises a range of in-house machinery and equipment to support processes such as melting, heat treatment, grinding, moulding, sand mixing and finishing.

The company supplies components for railway traction motors, defence cradles, power generation guide vanes, and industrial machinery liners, serving sectors such as railways, defence, power generation, and heavy engineering industries.

Products:

  • Steel Components: Manufacturing unmachined and machined steel components for various sectors.
  • Traction Motor & Bogie Components: Producing components for traction motors and bogie assemblies in railways.
  • Defence Components: Manufacturing cradle assemblies, recoiling cylinders, and trunnion housings for defence.
  • Thermal and Hydro Turbine Sub-Assemblies: Producing guide vanes, bush housings, and fork systems for turbines.
  • Industrial Machinery & Equipment: Supplying high-temperature resistance liners for machinery and industrial equipment.
  • Rebonded Foam: Recycled foam used in furniture, mattresses, and industrial products.

Competitive Strengths:

  • In-house manufacturing facilities
  • Diverse Customer base
  • Wide Geographical reach
  • Stringent quality control mechanism ensures standardised product quality

Company Information

Email
cs@gallardsteel.com
Phone
+91-9644422252

Registrar Information

Registrar
Ankit Consultancy Pvt.Ltd.
Email
compliance@ankitonline.com