IPO market

Gallard Steel IPO is a SME fixed price IPO. Issue size is 37.50 Cr. Price band is ₹142 to ₹150 per share. Minimum investment is ₹3.00 L. Lot size is 1000 shares. Open from 19 Nov 2025 to 21 Nov 2025. Allotment on 24 Nov 2025. Listing on 26 Nov 2025 at BSE. Managed by Seren Capital Pvt.Ltd. Registrar: Ankit consultancy pvt ltd.. Key details for GMP, subscription, price, allotment, and listing in one place.
Price band, lot, minimum application, and issue window at a glance.
Subscription, allotment, refund, share credit, and listing milestones.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹3,00,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,50,000 |
| S-HNI (UPI) | 3 | 3,000 | ₹4,50,000 |
| S-HNI (Max) | 6 | 6,000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 7,000 | ₹10,50,000 |
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Figures from the IPO financial table (₹ Cr). Switch metric to compare years.
Gallard Steel IPO
Pre-filled: Issue Price = ₹150, Lot Size = 1,000 shares, Listing Price = ₹223.1
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹3,00,000 | ₹223 | +₹1,46,200 |
| S-HNI (Min) | 3 | ₹4,50,000 | ₹223 | +₹2,19,300 |
| S-HNI (UPI) | 3 | ₹4,50,000 | ₹223 | +₹2,19,300 |
| S-HNI (Max) | 6 | ₹9,00,000 | ₹223 | +₹4,38,600 |
| B-HNI (Min) | 7 | ₹10,50,000 | ₹223 | +₹5,11,700 |
Profit based on the official listing price for each investor category.
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