Gallantt Ispat Ltd IPO


Subscription Details

  • Open Date 22 Sep
  • Close Date 24 Sep
  • Lot Size 125
  • IPO Size ₹ 40.5 Cr
  • IPO Price Range ₹ 50
  • Min Investment ₹ 6250

Gallantt Ispat Ltd IPO Timeline

Open Date
22 Sep
Close Date
24 Sep
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 81,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 40.50 Crores (hereinafter referred to as the Issue) comprising of 14,00,000 equity shares of promoter contribution and net offer to the public of 67,00,000 equity shares of Rs. 10/- each. The Issue would constitute 30.26% of the fully post issue paid up capital of the company and the net offer to the public would constitute 25.03% of the fully diluted post issue paid up capital of the company. Issue price : Rs. 50/- per equity share of face value of Rs. 10/- each The issue price is 5 (five) times the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Gallantt Ispat Ltd IPO

Contact Information


Gallantt House,
I-7 Jungpura Extension,
New Delhi, New Delhi 110014

Gallantt Ispat Ltd IPO Lead Manager

Anand Rathi Advisors Ltd
Open Demat Account