Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Gallard Steel Ltd
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 Rs. 10/- each (the "Equity Shares") of Gallard Steel Limited ("the Company" or "GSL" or "the Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs.[*] crores ("Public Issue") out of which 1,25,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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 Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] 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. Price Band: Rs. 142/- to Rs. 150/- per equity share of face value of Rs. 10/- each. The floor price 14.2 times the face value of the equity shares and the cap price is 15 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
Minimum Application for shares in Nos : 2000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Seren Capital Pvt Ltd
Project Financed through Current Offer (.Cr) 35.50  
Post Issue Equity Share Capital (.Cr) 9.50
Issue Price () 142.00
Projects
Funding of capital expenditure towards expansion of the company existing Manufacturing facility and construction of office building
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
No Data Available

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise