GALLARD STEEL LIMITED

19 Nov 2025 - 21 Nov 2025 Individual Category SME BSE

Min Investment

₹300000

Price Band

₹142-₹150

Issue Size

₹25.00 Lakh

Lot Size

1000 (per lot)

IPO Dates
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19 Nov 2025

Open Date

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21 Nov 2025

Close Date

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TBI

Allotment Date

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TBI

Listing Date

About Gallard Steel Limited

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 heavy engineering industries. In the defence sector, we manufacture components such as cradles and recoiling assembly cylinders for government defence production units. In the power generation sector, we manufacture guide vanes, bush housings and fork systems for heavy engineering companies, which are used in hydro and thermal power generation. In components for industrial machinery and equipment, we manufacture High Temperature Resistance Liner and other components.

IPO Objectives

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

Company Promoters

Hakimuddin Ghantawala

Kaid Johar Kalabhai

Mariya Zakiuddin Sujauddin

Zahabiya Kalabhai

Zakiuddin Sujauddin

How to Apply for IPO

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IPO Allotment

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