Gallard Steel SME IPO - Live Allotment Status

Listed
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 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.

Issue Price
150
Current GMP
₹70 (46.67%)
Est. Profit
70000
Est. Listing Price
220
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IPO Details

Price Range
₹142.0 - ₹150.0
Issue Size
₹35.63 Cr
Lot Size
1000 shares
IPO Type
BSE SME
Open Date
19 Nov 2025
Close Date
21 Nov 2025
Allotment Date
24 Nov 2025
Listing Date
26 Nov 2025
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How to Check Gallard Steel SME IPO Allotment Status

Gallard Steel SME IPO allotment status will be available on 24 November 2025. Here's how you can check:

Option 1: Via IPOwiz App

  1. Download the IPOwiz App from the Play Store.
  2. Add the PAN numbers you want to check in the PAN section.
  3. Go to the Allotted Section and select Gallard Steel SME IPO.
  4. View the allotment status for the saved PAN numbers.

Option 2: Via Kfin Technologies Website

  1. Visit the Kfin Technologies Allotment Page.
  2. Select Gallard Steel SME IPO from the drop-down menu.
  3. Enter your PAN number, application number, or demat account details.
  4. Click Search to view your allotment status.

Option 3: Via BSE Website

  1. Go to the BSE Website.
  2. Choose Gallard Steel SME IPO from the list.
  3. Enter your PAN number, application number, or demat account details.
  4. Click Search to check your status.

Option 4: Via Demat Account

  1. Log in to your demat or trading account.
  2. Check if the allotted shares are credited. If yes, the shares will reflect in your account.

Option 5: Via Bank Account

  1. Log in to the bank account used for the IPO application.
  2. Check if the amount is debited. If debited, it means you've been allotted shares. If not, the amount will be refunded.

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Frequently Asked Questions

When will the Gallard Steel SME IPO allotment be finalized?
Gallard Steel SME IPO allotment will be finalized and available on 24 November 2025. You can check your allotment status after this date through various methods including the registrar's website, BSE, NSE, or your demat account.
How to check Gallard Steel SME IPO allotment status?
You can check Gallard Steel SME IPO allotment status through multiple methods: (1) IPOwiz App, (2) Kfin Technologies website (https://kosmic.kfintech.com/ipostatus/), (3) BSE website using your application number or PAN, (4) NSE website, or (5) your demat/trading account. The easiest method is using your PAN number on the registrar's website.
What is the expected listing price of Gallard Steel SME IPO?
Based on the current GMP of ₹70, the expected listing price for Gallard Steel SME IPO is ₹220 (46.67% above the IPO price of ₹150). However, actual listing price may differ based on market conditions on the listing day.
What are the allotment chances for retail investors?
Based on subscription data, retail investors have approximately 1 in 33 chance of getting allotment in Gallard Steel SME IPO. This means for every 33 retail applications, 1 gets allotted. Higher subscription typically means lower allotment chances.
When will shares be credited to demat accounts?
Shares will be credited to successful applicants' demat accounts by 25 November 2025, which is typically the next working day after the allotment date. Once credited, you can see the shares in your demat account and can sell them on the listing day.
When is Gallard Steel SME IPO listing date?
The shares of Gallard Steel SME IPO will list on BSE/NSE on 26 November 2025. Trading will begin on this date, and you can buy or sell the shares once the market opens.
Can I sell shares on listing day?
Yes, you can sell your allotted shares when trading begins on 26 November. Once the shares are credited to your demat account (by 25 November 2025), you can place a sell order on the listing day. Many investors choose to sell on listing day if the price is favorable.
What should I do if I'm not allotted shares?
If you're not allotted shares in Gallard Steel SME IPO, the application money will be refunded to your bank account within a few days after the allotment date. The refund typically takes 2-3 working days. You don't need to take any action - the refund is processed automatically.
How is allotment done in IPO?
Allotment in IPO is done through a lottery system for oversubscribed categories. If the IPO is oversubscribed, shares are allocated randomly among applicants. For retail investors, if you applied for 1 lot and the IPO is oversubscribed, you may get partial allotment or no allotment. The allotment is finalized by 24 November 2025.
Can I check allotment status using PAN number?
Yes, you can check Gallard Steel SME IPO allotment status using your PAN number on the Kfin Technologies website (https://kosmic.kfintech.com/ipostatus/), BSE website, or NSE website. This is the easiest method as you don't need to remember your application number. Simply enter your PAN number and select the IPO.
Who should I contact for allotment queries?
For any queries regarding Gallard Steel SME IPO allotment, you should contact the IPO registrar, Kfin Technologies. You can visit their website at https://kosmic.kfintech.com/ipostatus/ or contact them directly. The registrar handles all allotment-related processes and can help with status checks and refund queries.