Gallard Steel SME IPO Allotment Status
ListedUpdated 26 November 2025, 9:15 AM IST· Allotment 24 Nov 2025· Listing 26 Nov 2025
Gallard Steel SME IPO IPO closed on 21 November 2025. Allotment date is 24 November 2025. Refund date for non-allotted bids is 25 November 2025. Share credit to demat is on 25 November 2025. Listing date on NSE and BSE…
Gallard Steel SME IPO IPO closed on 21 November 2025. Allotment date is 24 November 2025. Refund date for non-allotted bids is 25 November 2025. Share credit to demat is on 25 November 2025. Listing date on NSE and BSE is 26 November 2025. Retail, SHNI, and BHNI allotment is by lottery when oversubscribed.
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Gallard Steel SME IPO Allotment Chances
Gallard Steel SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 351.58x | 1 in 352 |
| SHNI (Rs 2L to Rs 10L) | 358.45x | 1 in 358 |
| BHNI (above Rs 10L) | 298.20x | 1 in 298 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
See full category numbers on the Gallard Steel SME IPO Subscription Status page.
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?
After 24 November 2025 allotment, here is what happens next.
If allotted: Shares credit to your demat on 25 November 2025. You can sell or hold on listing day, 26 November 2025. Current GMP is Rs 57.00, so estimated listing price is about Rs 207.00 per share.
If not allotted: Your blocked ASBA money is refunded on 25 November 2025 to the linked bank account. UPI bids unblock on their own. Net-banking ASBA is unblocked by your bank.
On listing day: Trading starts on NSE and BSE on 26 November 2025. You can sell allotted shares from the open.
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 Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Gallard Steel SME Details
Issue size, price, financials, and company info
Gallard Steel SME GMP
Live grey market premium and listing estimate
Gallard Steel SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Gallard Steel SME Allotment
Allotment date, chances, and check by PAN
Gallard Steel SME Review
SWOT, strengths, risks, and IPO review
Gallard Steel SME FAQ
Common questions on dates, GMP, and allotment
Gallard Steel SME Registrar
Registrar website and how to check allotment
Gallard Steel SME Timeline
Open, close, allotment, and listing dates
Gallard Steel SME News
Updates, blogs, and latest IPO news
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 Gallard Steel SME IPO retail allotment chances?
At 351.58x subscription by applications, about 1 in 352 ind applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Gallard Steel SME IPO SHNI allotment chances?
At 358.45x subscription by applications, about 1 in 358 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 381.75x. Allotment chances use applications, not share volume.
What are Gallard Steel SME IPO BHNI allotment chances?
At 298.20x subscription by applications, about 1 in 298 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 746.48x. Allotment chances use applications, not share volume.
Is Gallard Steel SME IPO SHNI and BHNI allotment by lottery?
Yes. In Gallard Steel SME IPO, Retail, SHNI (Rs 2L to Rs 10L), and BHNI (above Rs 10L) allotment is by lottery when the category is oversubscribed. If allotted, you get at least one lot.
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?
See full QIB, NII, SHNI, BHNI, and IND subscription for Gallard Steel SME IPO on the Gallard Steel SME IPO Subscription Status page on IPOwiz.
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.
Sources
We match Gallard Steel SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Kfin TechnologiesOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews allotment guides before they go live.