Gallard Steel SME IPO Analysis: Complete Investment Guide
Gallard Steel SME is ongoing for subscription. This comprehensive analysis covers all aspects including GMP trends, subscription status, financial performance, and AI-powered investment rating to help you make an informed decision.
IPO Details at a Glance
| Parameter | Details |
|---|---|
| Company Name | Gallard Steel SME |
| Issue Size | ₹35.63 Cr |
| Price Band | ₹142.0 - ₹150.0 |
| Lot Size | 1000 shares |
| Issue Opens | 19 Nov 2025 |
| Issue Closes | 21 Nov 2025 |
| Listing Date | 26 Nov 2025 |
AI-Powered Investment Rating
AI Investment Rating
- 🚀 Exceptional subscription! Massive oversubscription across all categories
- ⚠️ Moderate valuation - fairly priced but limited upside
- 🎯 Good listing gain expected (12-18%)
- ⚠️ Average financials - growth could be better
- 👍 Good GMP level, moderate listing gains likely (8-12%)
📊 Monitor subscription trends before applying
Company Overview
Gallard Steel Limited is an engineering manufacturer specializing in ready-to-use components, assemblies, and subassemblies made from carbon steel, ductile iron, grey cast iron, and alloy steels. The company primarily serves high-specification sectors such as the Indian Railways, defence, and power generation. It holds the highly sought-after Class ‘A’ Foundry Status from RDSO, Ministry of Railways, for critical locomotive components. Gallard Steel operates an ISO 9001:2015-certified manufacturing unit in Pithampur, Madhya Pradesh, with integrated facilities for melting, molding, heat treatment, and precision testing. Through its subsidiary, Sleeploop India Private Limited (SIPL), it also provides precision CNC machining and finishing services.
Grey Market Premium (GMP) Analysis
Subscription Status
Investment Recommendation
AI Investment Rating
- 👍 CONSIDER - Decent opportunity for diversification
- Lot Size: Apply 1-2 lots based on risk appetite
- Bid Price: Bid at CUT-OFF price
- Risk Level: MEDIUM
Important Dates
| Event | Date |
|---|---|
| Issue Opens | 19 Nov 2025 |
| Issue Closes | 21 Nov 2025 |
| Allotment | 24 Nov 2025 |
| Listing Date | 26 Nov 2025 |
Investment Disclaimer
This analysis is for informational purposes only. Please consult with a SEBI-registered financial advisor before making investment decisions. Past performance does not guarantee future results.