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News Details

( As on 26/11/2025 10:10)

Gallard Steel Ltd. debuts with 48.73% premium at Rs 223.10

Gallard Steel Ltd. makes a strong debut on the bourses with scrip got listed at Rs 223.10 on the Bombay Stock Exchange, a 48.73 per cent premium to its issue price of Rs 150.00.

The company, which raised 0.25 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 25.00 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Nov 19 to Nov 21.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Seren Capital Pvt. Ltd. as lead managers & Ankit Consultancy Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 84,587.01, down 313.70 points, or 0.36 per cent.