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GALLARD STEEL LIMITED IPO

GALLARD STEEL LIMITED was a SME IPO, offered at ₹142–₹150 per share. The issue was subscribed 349.4× overall (QIBs 228.48×, NIIs 463.85×, retail 351.58×). It listed on 26 Nov 2025 at ₹223 and closed its first day at ₹234, a listing gain of +56.2% versus the ₹150 issue price. It now trades around ₹146 (-2.7% versus the issue price).

Frequently asked questions

How many times was the GALLARD STEEL LIMITED IPO subscribed?
The GALLARD STEEL LIMITED IPO was subscribed 349.4× overall — 228.48× in the QIB category, 463.85× among non-institutional investors, 351.58× in retail.
What were the GALLARD STEEL LIMITED IPO listing gains?
GALLARD STEEL LIMITED listed on 26 Nov 2025 at ₹223, closing its first day at ₹234 — a listing gain of +56.2% versus the ₹150 issue price.
What were the retail allotment odds for the GALLARD STEEL LIMITED IPO?
Retail was subscribed 351.58×, so a single-lot application had roughly a 0.3% chance of allotment (about 1 in 352), and allotment was finalised on 24 Nov 2025.
What was the price band and lot size of the GALLARD STEEL LIMITED IPO?
The price band was ₹142–₹150 per share.