Archive · 19 Nov 2025
Gallard Steel IPO Opens Today, Price Band Rs 142-150
Gallard Steel, an Indore-based engineering company, is launching its first public offering (IPO) this week.
The IPO opens on November 19 and closes on November 21.
The company is offering 25 lakh shares at a price band of Rs 142-150 per share.
The money raised will be used to expand their manufacturing facility, repay borrowings, and for general corporate purposes.
The shares are expected to be listed on the BSE SME platform from November 26.
Gallard Steel IPO opens on November 19, closes on November 21
Price band fixed at Rs 142-150 per share
Company aims to raise Rs 37.5 crore by offering 25 lakh shares
Proceeds to be used for expansion, repayment of borrowings, and general corporate purposes
Listing expected on BSE SME platform from November 26
- Who
- Gallard Steel, an Indore-based engineering company
- What
- Launching its maiden public issue (IPO)
- When
- November 19-21, 2025
- Where
- Dalal Street, BSE SME platform
- Why
- To raise funds for expansion, repayment of borrowings, and general corporate purposes
- IPO Opening Date
- November 19, 2025
- IPO Closing Date
- November 21, 2025
- Price Band
- Rs 142-150 per share
- Funds to be Raised
- Rs 37.5 crore
- Listing Date
- November 26, 2025
- Merchant Banker
- Seren Capital
