IPO Schedule
1
Open
19 Nov
2
Close
21 Nov
3
Allotment
24 Nov
4
Listing
26 Nov
Gallard Steel Ltd IPO
Issue:₹150
List:₹223.1
CMP:₹160
NSELot: 1000Castings, Forgings & Fastners
LISTEDSME
Issue Price₹150
Listing₹223.1
Current₹160
Content
About Gallard Steel Ltd
Gallard Steel Ltd. is an SME engaged in the steel processing and manufacturing sector. They specialize in [**Insert specific products/services offered by Gallard Steel here, e.g., manufacturing of TMT bars, structural steel, etc.**] catering to [**Insert target industries/customers, e.g., construction, infrastructure projects, etc.**].
Subscription Status
QIB
0.00x
NII
8.88x
Retail
7.00x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 228.48x | 1.97x | 0.00x |
| NII | 624.56x | 57.49x | 8.88x |
| Retail | 351.58x | 48.48x | 7.00x |
| Total | 375.54x | 37.19x | 5.41x |
Risk Factors
•SME segment IPOs carry higher risk compared to mainboard IPOs due to lower liquidity and increased volatility.
•The steel industry is cyclical and highly sensitive to economic fluctuations and raw material price volatility.
•[**Insert risk related to competition, e.g., Intense competition from larger, established players in the steel industry.**]