Gallard Steel Ltd Back Registered Office: G-1 Sukh Sneh Apartments,Khatiwala Tank , Indore - 452014 , Madhya Pradesh , India. Phone : +91 96444 22252   Fax: Email :  cs@gallardsteel.com   Website :  https://www.gallardsteel.com Initial public offer of upto 25,00,000 equity shares of face value of Rs10/- each (the "Equity Shares") of Gallard Steel Limited ("the Company" or "GSL" or "the Issuer") at an issue price of Rs150 per equity share for cash, aggregating up to Rs37.50 crores ("Public Issue") out of which 1,25,000 equity shares of face value of Rs10/- each, at an issue price of Rs150 per equity share for cash, aggregating Rs1.88 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 23,75,000 equity shares of face value of Rs10/- each, at an issue price of Rs150 per equity share for cash, aggregating upto Rs35.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.32% and 25.00% respectively of the post- issue paid-up equity share capital of the company. Issue Money Payable On Opens On Closes On Application Allotment 19-Nov-25 21-Nov-25 Rs150.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :2000  Further Multiples of :1000   Rs Cr Lead Managers to the Issue Project Cost 0.00 Seren Capital Pvt Ltd Project Financed through Current Offer 37.50   Post Issue Equity Share Capital 9.50   Issue Price Rs150.00

Projects

Funding of capital expenditure towards expansion of the company existing Manufacturing facility and construction of office building	General corporate purpose
Repayment of a portion of certain borrowings availed by the company

Promoted By Zakiuddin Sujauddin Hakimuddin Ghantawala Kaid Johar Kalabhai

Listing At BSE - SME

Registrar to the Issue Ankit Consultancy Pvt Ltd