Bookbuilding IPO | ₹38 Cr | Listed at BSE SME | Wed, Nov 19, 2025 - Fri, Nov 21, 2025
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | 4,74,000 | 7,09,000 | 11,83,000 | 1,20,000 | 2,40,000 | 3,60,000 | 8,32,000 | 23,75,000 |
| Allotment price (Rs.) | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 |
| No.of applications | 106 | 4 | 110 | 14,436 | 23,877 | 38,313 | 1,44,941 | 1,83,364 |
| No.of shares applied | 10,87,82,000 | 7,09,000 | 10,94,91,000 | 4,61,02,000 | 17,91,83,000 | 22,52,85,000 | 28,98,82,000 | 62,46,58,000 |
| Amount collected (Rs.cr.) | 1,631.73 | 10.64 | 1,642.37 | 691.53 | 2,687.75 | 3,379.28 | 4,348.23 | 9,369.87 |
| No.of times subscribed | 229.50 | 1.00 | 92.55 | 384.18 | 746.60 | 625.79 | 348.42 | 263.01 |
| No.of shares allotted | 4,74,000 | 7,09,000 | 11,83,000 | 1,20,000 | 2,40,000 | 3,60,000 | 8,32,000 | 23,75,000 |
| Amount (Rs.cr.) | 7.11 | 10.64 | 17.75 | 1.80 | 3.60 | 5.40 | 12.48 | 35.63 |
| No.of allottees | 88 | 4 | 92 | 29 | 80 | 109 | 416 | 617 |
Gallard Steel IPO is a public issue of 0.24 Cr equity shares. The issue offers 0.08 Cr shares to retail investors, 0.12 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 1,25,000 | 1.88 | 5.00% |
| QIB | 11,83,000 | 17.75 | 47.32% |
| Anchor | 7,09,000 | 10.64 | 28.36% |
| QIB (Ex Anchor) | 4,74,000 | 7.11 | 18.96% |
| NII* | 3,60,000 | 5.40 | 14.40% |
| bNII (> ₹10L) | 2,40,000 | 3.60 | 9.60% |
| sNII (< ₹10L) | 1,20,000 | 1.80 | 4.80% |
| Retail | 8,32,000 | 12.48 | 33.28% |
| Total | 25,00,000 | 37.50 | 100% |
A total of 7,09,000 shares at a price of Rs 150 per share will be allotted to the anchor investors.
| Anchor investors bid opening date | Nov 18, 2025 |
| Anchor investor price | ₹150.00 |
| Anchor investors as % of QIBs | 59.93% |
| No. of shares locked-in for 30 days | 3,54,500 |
| No. of shares locked-in for 90 days | 3,54,500 |
📑 Anchor Investor Allotment Letter
📊 Historic report - IPOs Anchor Investors Investment & Performance
| S.No. | Anchor Investor | Group Entity | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
|---|---|---|---|---|---|---|
| 1 | VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES | VIKASA | 2,09,000 | 3.14 | 29.48 | 8.36 |
| 2 | COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND | COGNIZANT | 2,00,000 | 3.00 | 28.21 | 8.00 |
| 3 | SAGEONE-FLAGSHIP GROWTH OE FUND | SAGEONE-FLAGSHI | 1,66,000 | 2.49 | 23.41 | 6.64 |
| 4 | MINERVA VENTURES FUND | MINERVA | 1,34,000 | 2.01 | 18.90 | 5.36 |
| 7,09,000 | 10.64 | 100 | 28.36 |
The Gallard Steel IPO is subscribed 375.54 times by Nov 21, 2025 18:19.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 228.48 |
| Non Institutional | 624.56 |
| Retail Individual | 351.58 |
| Total Subscription | 375.54 |
An investor can apply in Gallard Steel IPO online via bank (using ASBA) or the broker (using UPI). The Gallard Steel IPO shares are offered online only.
The Gallard Steel IPO is subscribed 375.54 times by Nov 21, 2025 18:19.
The Gallard Steel IPO allotment status is expected on or around Monday, November 24, 2025. Visit Gallard Steel IPO allotment status to check.
The Gallard Steel IPO listing date is November 26, 2025. The equity share of Gallard Steel IPO will list on BSE SME.
Visit Gallard Steel IPO subscription status page for real-time bidding information about Gallard Steel IPO.
| IPO opens On | Wednesday, November 19, 2025 |
| IPO Closes On | Friday, November 21, 2025 |
| Finalisation of Basis of Allotment | Monday, November 24, 2025 |
| Initiation of Refunds | Tuesday, November 25, 2025 |
| Credit of Shares to Demat Account | Tuesday, November 25, 2025 |
| IPO Listing Date | Wednesday, November 26, 2025 |
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