Gallard Steel IPO Allotment Status: Step by Step to check via Ankit Consultancy
Are you waiting for the Gallard Steel IPO allotment? Good news - the allotment will be out today i.e. 24th November 2025! Let's look at the latest Grey Market Premium (GMP), Allotment Chances and how you can check the IPO allotment status.
Latest Grey Market Premium (GMP)
The grey market premium shows how investors feel about the IPO before listing. Here's how Gallard Steel GMP has changed:
| Date | IPO Price | GMP | Expected Listing Price |
|---|---|---|---|
| November 24 (Today) | ₹150.00 | ₹70.00 | ₹220 (46.67%) |
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Final Subscription in Gallard Steel:
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers | 228.48x |
| Non-Institutional Investors | 624.56x |
| Small HNI | 381.75x |
| Big HNI | 745.96x |
| Retail Investors | 351.58x |
| Total | 375.54x |
Allotment Chances in Gallard Steel:
| Category | Allotment Chances |
|---|---|
| Small HNI | 1 out of 358 |
| Big HNI | 1 out of 298 |
| Retail Investors | 1 out of 351 |
How to Check Gallard Steel IPO Allotment Status
Gallard Steel IPO allotment status will be available on Monday, November 24, 2025. Here's how you can check:
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store.
- Add the PAN numbers you want to check in the PAN section.
- Go to the Allotted Section and select Gallard Steel IPO.
- View the allotment status for the saved PAN numbers.
Option 2: Via Ankit Consultancy Website
- Visit the Ankit Consultancy IPO Allotment Page.
- Select Gallard Steel IPO from the drop-down menu.
- Enter your PAN number, application number, or demat account details.
- Click Search to view your allotment status.
Option 3: Via BSE Website
- Go to the BSE Website.
- Choose Gallard Steel IPO from the list.
- Enter your PAN number, application number, or demat account details.
- Click Search to check your status.
Option 4: Via Demat Account
- Log in to your demat or trading account.
- Check if the allotted shares are credited. If yes, the shares will reflect in your account.
Option 5: Via Bank Account
- Log in to the bank account used for the IPO application.
- Check if the amount is debited. If debited, it means you’ve been allotted shares. If not, the amount will be refunded.
Gallard Steel IPO Key Dates
- IPO Open Date: November 19, 2025
- IPO Close Date: November 21, 2025
- Allotment Date: November 24, 2025
- Refund Date: November 25, 2025
- Demat Credit Date: November 25, 2025
- Listing Date: November 26, 2025
About Gallard Steel
Gallard Steel Limited is an engineering manufacturer specializing in ready-to-use components, assemblies, and subassemblies made from carbon steel, ductile iron, grey cast iron, and alloy steels. The company primarily serves high-specification sectors such as the Indian Railways, defence, and power generation. It holds the highly sought-after Class ‘A’ Foundry Status from RDSO, Ministry of Railways, for critical locomotive components. Gallard Steel operates an ISO 9001:2015-certified manufacturing unit in Pithampur, Madhya Pradesh, with integrated facilities for melting, molding, heat treatment, and precision testing. Through its subsidiary, Sleeploop India Private Limited (SIPL), it also provides precision CNC machining and finishing services.
FAQs
1. When will the Gallard Steel IPO allotment be finalized?
Gallard Steel IPO allotment will be available on November 24, 2025.
2. How to check Gallard Steel IPO allotment status?
You can check the allotment via IPOwiz App, Ankit Consultancy website, BSE, or your demat account.
3. What is the expected listing price of Gallard Steel IPO?
Based on ₹8.00 GMP, the expected listing price is ₹220 (46.67% above IPO price).
4. What are the allotment chances for retail investors?
Retail investors have 1 out of 351 chance.
5. When will shares be credited to demat accounts?
Shares will be credited by November 25, 2025 for successful allotments.
6. When is Gallard Steel IPO listing date?
The shares will list on BSE/NSE on November 26, 2025.
7. Can I sell shares on listing day?
Yes, you can sell allotted shares when trading begins on November 26.
8. Is Gallard Steel IPO good for long-term?
GMP suggests strong listing gains, but analyze fundamentals post-listing for long-term.
For further queries, contact the IPO registrar, Ankit Consultancy.