Gallard Steel SME IPO Allotment Status
Gallard Steel SME IPO closed on 21 November 2025. Allotment will be finalised on 24 November 2025. Refunds for unsuccessful applicants will be initiated on 25 November 2025. Shares will be credited to demat accounts on 25 November 2025. The stock lists on NSE and BSE on 26 November 2025.
Issue Price
Rs 150.00
Allotment Date
24 November 2025
Refund Date
25 November 2025
Share Credit Date
25 November 2025
Listing Date
26 November 2025
Registrar
Kfin Technologies
GMP Today
Rs 57.00 (38.00%)
Est. Listing Price
Rs 207.00
Est. Profit / Lot
Rs 1,14,000.00
Gallard Steel SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 351.58x.
- •Allotment odds: about 1 in 352 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 358.45x.
- •Allotment odds: about 1 in 358 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 381.75x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 298.20x.
- •Allotment odds: about 1 in 298 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 746.48x. Allotment uses application count, not share volume.
Check the Gallard Steel SME IPO Subscription Status for the full category-wise breakdown.
How to Check Gallard Steel SME IPO Allotment Status
Allotment status will be available from 24 November 2025. There are four ways to 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 SME
- View the allotment status for the saved PAN numbers
Option 2: Via Kfin Technologies Website
- Visit the Kfin Technologies Allotment Page
- Select Gallard Steel SME from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
Kfin Technologies is the official registrar for this IPO. This is the most direct method to check your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select Gallard Steel SME 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 from 25 November 2025 onwards. If shares have been credited, your allotment was successful. Share credit is expected on 25 November 2025.
What Happens After Allotment?
Once allotment is finalised on 24 November 2025, the process moves as follows.
If you are allotted shares: Shares will be credited to your demat account on 25 November 2025. You can hold or sell on listing day, 26 November 2025. Based on current GMP of Rs 57.00, the estimated listing price is Rs 207.00 per share.
If you are not allotted shares: Your blocked amount (ASBA) will be unblocked and refunded on 25 November 2025. The refund goes back to the bank account linked to your application. UPI-based applications are unblocked automatically. ASBA applications through net banking are unblocked by your bank.
On listing day: The stock lists on NSE and BSE on 26 November 2025. You can sell your allotted shares from the moment trading begins.
For listing day updates, follow the IPOwiz Telegram Channel.
Gallard Steel SME IPO Registrar Details
The registrar for this IPO is Kfin Technologies. For allotment queries or discrepancies, you can contact them directly.
| Field | Value |
|---|---|
| Registrar | Kfin Technologies Private Limited |
| Website | kfintech.com |
| Allotment Check | Kfin Technologies IPO Allotment Page |
| einward.ris@kfintech.com | |
| Phone | 1800 309 4001 (toll free) |
Gallard Steel SME IPO Details
| Field | Value |
|---|---|
| Price Band | ₹142.0 - ₹150.0 |
| Issue Size | ₹35.63 Cr |
| Lot Size | 1000 shares |
| Minimum Investment | Rs 3,00,000.00 |
| IPO Type | BSE SME |
| Open Date | 19 November 2025 |
| Close Date | 21 November 2025 |
| Allotment Date | 24 November 2025 |
| Listing Date | 26 November 2025 |
| Overall Subscription | 375.54x |
Gallard Steel SME IPO full details including financials, valuation, and review.
About Gallard Steel SME
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 SME IPO Subscription Status
Category-wise subscription and allotment chances
Gallard Steel SME IPO GMP Today
Live GMP, listing price estimate, listing gain
Gallard Steel SME IPO Details
Financials, peers, strengths, and review
IPOwiz Allotment Checker
Check allotment for multiple PANs at once
Gallard Steel SME IPO Listing Price
Listing day GMP vs actual listing price and gain
Gallard Steel SME IPO Allotment FAQs
What is Gallard Steel SME IPO allotment date?
Gallard Steel SME IPO allotment date is 24 November 2025. Allotment results are published by Kfin Technologies on this date.
How to check Gallard Steel SME IPO allotment status?
Check Gallard Steel SME IPO allotment status on the Gallard Steel SME IPO Allotment Status page on IPOwiz, on Kfin Technologies (kfintech.com), BSE IPO allotment page, or the IPOwiz App using your PAN.
How to check Gallard Steel SME IPO allotment by PAN?
Enter your PAN on Kfin Technologies allotment portal (https://www.ankitonline.com/PublicIssue/FrmPublicIssue.aspx), BSE IPO allotment, IPOwiz App, or the IPOwiz Gallard Steel SME IPO Allotment Status page. Results are available from 24 November 2025.
When will Gallard Steel SME IPO allotment result be announced?
Gallard Steel SME IPO allotment result will be out on 24 November 2025, usually after market hours. Refunds for non-allotted applicants follow on 25 November 2025.
What are allotment chances in Gallard Steel SME IPO for IND?
At 351.58x subscription by applications, approximately 1 in 352 ind applicants can expect an allotment (~1% per application). Allotment is by lottery.
When will Gallard Steel SME IPO refund be credited?
If you are not allotted in Gallard Steel SME IPO, your blocked ASBA amount is unblocked and refunded on 25 November 2025. UPI applications unblock automatically; net-banking ASBA is unblocked by your bank.
When will Gallard Steel SME IPO shares be credited to demat?
Allotted Gallard Steel SME IPO shares are credited to your demat account on 25 November 2025, one day before listing on 26 November 2025.
When is Gallard Steel SME IPO listing date?
Gallard Steel SME IPO listing date is 26 November 2025. The stock lists on NSE and BSE. You can sell allotted shares from the opening bell.
What to do if not allotted in Gallard Steel SME IPO?
No action is needed. Your application amount is refunded on 25 November 2025 to the bank account linked to your IPO bid. You can apply in the next IPO.
How to check Gallard Steel SME IPO allotment on BSE?
Visit the BSE IPO allotment page, select Gallard Steel SME IPO, and enter your application number or PAN. Results go live on 24 November 2025 alongside the registrar website.
How to check Gallard Steel SME IPO allotment on Kfin Technologies?
Go to https://www.ankitonline.com/PublicIssue/FrmPublicIssue.aspx, select Gallard Steel SME IPO, and search by PAN or application number from 24 November 2025. For help, call 1800 309 4001 (toll free).
What is expected listing price of Gallard Steel SME IPO?
Based on GMP of ₹57 (+38.00%), Gallard Steel SME IPO expected listing price is about ₹207 per share (issue price ₹150 + GMP). Actual price is set on 26 November 2025.
What is Gallard Steel SME IPO subscription status?
Final category-wise subscription for Gallard Steel SME IPO is on the Gallard Steel SME IPO Subscription Status page on IPOwiz, including QIB, NII, and IND figures.
Check your allotment status from 24 November 2025 on the IPOwiz Allotment Checker. For listing day updates on 26 November 2025, follow the IPOwiz Telegram Channel or download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Allotment guide verified before publish.