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Gallard Steel IPO EXPLODES on Debut! Investors Rake In Massive Gains - What You Missed!

Industrial Goods/Services

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Published on 26th November 2025, 4:49 AM

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Author

Simar Singh | Whalesbook News Team

Overview

Gallard Steel made a strong debut on the BSE SME platform on November 26, listing at Rs 223.10, a 48.73% premium over its Rs 150 IPO price. The Rs 37.5 crore IPO was subscribed 350 times, with significant interest from Non-Institutional Investors. Proceeds will fund expansion, office construction, and debt repayment.