Gallard Steel Limited IPO Details
SME
Gallard Steel IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
The Lead Managers for Gallard Steel IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Seren Capital Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Gallard Steel Limited DRHP.
Gallard Steel IPO Details
Gallard Steel IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Gallard Steel IPO Reservation
Promoter Holding
Documents
Gallard Steel IPO Valuations
Gallard Steel Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
| Assets | 42.15 | 39.13 |
| Total Income | 24.54 | 27.86 |
| Profit After Tax | 3.12 | 3.18 |
| Net Worth | 14.14 | 11.02 |
| Reserves and Surplus | 7.14 | 4.02 |
| Total Borrowing | 16.84 | 17.66 |
| Amount in ₹ Crore | ||
About Gallard Steel IPO
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, defense, power generation, and allied industries, providing high-quality solutions for various sectors.
The company supplies components for railway traction motors, defense cradles, power generation guide vanes, and industrial machinery liners, serving sectors like railways, defense, 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 defense.
- 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.
As of February 28, 2025, the company has 58 employees.
Competitive Strengths:
- In-house manufacturing facilities
- Diverse Customer base
- Wide Geographical reach
- Stringent quality control mechanism ensuring standardized product quality
Strength Of Gallard Steel IPO
Risk Of Gallard Steel IPO
Objectives Gallard Steel IPO
1. Funding of capital expenditure towards expansion of the existing manufacturing facility and construction of office Building
2. Repayment of a portion of certain borrowings availed by the Company
3. General Corporate Purpose
Company Contact Details
Gallard Steel Ltd.
Flat No. 01,
SukhsnehApartment,
168-M Khatiwala Tank, Indore, 452014
Indore, Madhya Pradesh, 452014
Phone: +91-9644422252
Email: cs@gallardsteel.com
Website: https://www.gallardsteel.com/
Registrar Contact Details
To be announced
Lead Mangers
Lead Manager Reports
Market Maker
To be announced