Comparison between Gallard Steel IPO and Sacheerome IPO.
Gallard Steel IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sacheerome IPO is a SME Bookbuilding proposed to list at NSE SME.
| Gallard Steel IPO | Sacheerome IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Seren Capital Pvt.Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Ankit Consultancy Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Asnani Stock Broker Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gallard Steel IPO is up to ₹35.63 Cr whereas the issue size of the Sacheerome IPO is up to ₹58.53 Cr. The final issue price of Gallard Steel IPO is ₹150.00 per share and of Sacheerome IPO is ₹102.00 per share.
| Gallard Steel IPO | Sacheerome IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹142.00 per share | ₹96.00 per share |
| Issue Price (Upper) | ₹150.00 per share | ₹102.00 per share |
| Issue Price (Final) | ₹150.00 per share | ₹102.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 23,75,000 shares | 57,38,400 shares |
| Fresh Issue Size (Amount) | up to ₹35.63 Cr | up to ₹58.53 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 23,75,000 shares | 57,38,400 shares |
| Issue Size Total (Amount) | up to ₹35.63 Cr | up to ₹58.53 Cr |
Gallard Steel IPO opens on Nov 19, 2025, while Sacheerome IPO opens on Jun 09, 2025. The closing date of Gallard Steel IPO and Sacheerome IPO is Nov 21, 2025, and Jun 11, 2025, respectively.
| Gallard Steel IPO | Sacheerome IPO | |
|---|---|---|
| Anchor Bid Date | Nov 18, 2025 | Jun 06, 2025 |
| Issue Open | Nov 19, 2025 | Jun 09, 2025 |
| Issue Close | Nov 21, 2025 | Jun 11, 2025 |
| Basis Of Allotment (Tentative) | Nov 24, 2025 | Jun 12, 2025 |
| Initiation of Refunds (Tentative) | Nov 25, 2025 | Jun 13, 2025 |
| Credit of Share (Tentative) | Nov 25, 2025 | Jun 13, 2025 |
| Listing date (Tentative) | Nov 26, 2025 | Jun 16, 2025 |
| Anchor Lockin End date 1 | Dec 25, 2025 | Jul 11, 2025 |
| Anchor Lockin End date 2 | Feb 23, 2026 | Sep 09, 2025 |
Gallard Steel IPO P/E ratio is 17.31, as compared to Sacheerome IPO P/E ratio of 10.42.
| Gallard Steel IPO | Sacheerome IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Proforma Consolidated)Gallard Steel Ltd.'s revenue increased by 92% and profit after tax (PAT) rose by 90% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Sacheerome Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 91.14 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.16 | 71.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.31 | 10.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹142.50 Cr. | ₹228.20 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.16 | 23.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.59 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.67 | ₹9.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.51 | 25.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gallard Steel IPO Retail Individual Investors (RII) are offered 8,32,000 shares while in Sacheerome IPO retail investors are offered 8,32,000 shares. Qualified Institutional Buyers (QIB) are offered 4,74,000 shares in Gallard Steel IPO and 11,47,200 shares in Sacheerome IPO.
| Gallard Steel IPO | Sacheerome IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,09,000 shares | 17,19,600 shares |
| Market Maker Reservation | 1,25,000 shares | 3,02,400 shares |
| QIB | 4,74,000 shares | 11,47,200 shares |
| NII | 3,60,000 shares | 8,61,600 shares |
| RII | 8,32,000 shares | 20,10,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 23,75,000 shares | 57,38,400 shares |
Gallard Steel IPO subscribed 375.54x in total, whereas Sacheerome IPO subscribed 312.94x.
| Gallard Steel IPO | Sacheerome IPO | |
|---|---|---|
| QIB (times) | 228.48x | 173.15x |
| NII (times) | 624.56x | 808.56x |
| Big NII (times) | 745.96x | |
| Small NII (times) | 381.75x | |
| RII (times) | 351.58x | 180.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 375.54x | 312.94x |
