Gallard Steel IPO GMP Soars As Subscription Crosses 100x On Final Day; Check Allotment Details

Incorporated in 2015, Gallard Steel Limited is engaged in the manufacturing of S.G. (Ductile) Iron and Grey Cast Iron Castings and special alloy Castings and components primarily for the automobile sector.

The company focuses on high-precision, long-life components, such as traction motor components, bogie assembly parts, and turbine parts. Gallard Steel manufactures its products at its facility in Pithampur, Madhya Pradesh

The company supplies components for railway traction motors, defence cradles, power generation guide vanes, and industrial machinery liners, serving sectors such as railways, defence, power generation, and heavy engineering industries.

Mr Zakiuddin Sujauddin serves as the Managing Director and plays a key role in developing the operational structure and strategic direction of the company.

Recent financial data shows that profit rose to Rs 6 crore in fiscal 2025 from Rs 3.2 crore the previous year, while revenue doubled to Rs 53.3 crore from Rs 26.8 crore. For the second quarter, the firm posted a profit of Rs 4.3 crore on revenue of Rs 31.6 crore.

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