gallard steel limited IPO
IPO Overview
Gallard steel limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹37.50 Cr. The IPO price band is set at ₹142 to ₹150 per share, and retail investors can apply with a minimum investment of ₹3.00 L as per IPO guidelines.
The Gallard steel limited IPO opens on 19 Nov 2025 and closes on 21 Nov 2025. The IPO allotment is expected to be finalized on 24 Nov 2025, and the equity shares are proposed to be listed on BSE on 26 Nov 2025.
Investors can refer to the Gallard steel limited IPO RHP-DRHP for detailed information. The issue is managed by Seren Capital Pvt.Ltd. as the book running lead manager, while ankit consultancy pvt ltd. is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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
Investment Objective
Repayment of a portion of certain borrowings availed by the Company
General Corporate Purpose