Live GMP
Bombay Coated & Special Steels Ltd GMP ₹0 Carver Roboweld Ltd GMP ₹0 Ajwa Projects Ltd GMP ₹0 M.K.Sons Fine Jewels Ltd GMP ₹13+8.02% BLS Polymers Ltd GMP ₹50+33.33% Wiscon Industries Ltd GMP ₹0 SFC Environmental Technologies Ltd. GMP ₹14+4.24% Vedant Poly Fabs Ltd GMP ₹0 Johnsoncab Electricals Ltd GMP ₹0 HGS (India) Ltd GMP ₹0 Vectras Enprocon Ltd GMP ₹0 Maxwell Engineering Solutions Ltd GMP ₹0
Gallantt Ispat Ltd. Logo

Gallantt Ispat Ltd. IPO

Closed Fixed Price IPO NSE & BSE Fresh Capital
← Back to GMP
Issue Price ₹50
GMP —
Lot Size 125
Face Value ₹10
Issue Size 8,100,208 shares (aggregating up to ₹41 Cr)
Subscription —

IPO Timeline

Open Date22-Sep-10
Close Date24-Sep-10
Allotment-
Refund Initiation-
Demat Credit-
UPI Mandate Deadline24-Sep-10
Listing Date11-Oct-10

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (Cr)*
QIB — 670,000 (10%) — ₹335 Cr
NII (HNI) — 2,680,000 (40%) — ₹1,340 Cr
Retail — 3,350,000 (50%) — ₹1,675 Cr
Σ  Total—6,700,000 (100%)—₹33,500 Cr

Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.

Issue Details

Issue Price / Price Band₹50
Face Value₹10
Lot Size125 shares
Issue Size8,100,208 shares (aggregating up to ₹41 Cr)
Issue TypeFixed Price IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital
Script Code—
Net Offer to Public6,700,208 shares (aggregating up to ₹34 Cr)
Amount InRs Cr
Stock Price History · BSE
—
Loading chart data...
H—
L—
O—
Yahoo Finance · Live

Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)1125₹6,250
Retail (Max)131,625₹81,250
S-HNI (Min)141,750₹87,500
B-HNI (Min)678,375₹418,750
Retail1 lot(s)125 shares₹6,250
S-HNI33 lot(s)4,125 shares₹206,250

Shareholding Pattern

Pre-Issue Shareholding18,666,297 shares%
Post-Issue Shareholding26,766,297 shares%
Reserved for Market Maker—

Valuation & Key Ratios

ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—

Grey Market Premium (GMP)

— Current GMP

GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.

Objects of the Issue

  • 1 To part finance the integrated steel plant consisting of the following modules: Sponge Iron Plant with a capacity of 99,000 MTPA, M.S Billets with a capacity of 1,62,380 MTPA, Re-Rolled Products with a capacity of 1,67,400 MTPA, Captive Power Plant with a generating capacity of 16 MW –
  • 2 To part finance the Flour Mill with a capacity of 1,80,000 MTPA –

Company Overview

Incorporated in 2005, Gallantt Ispat Ltd is engaged in the manufacturing and marketing of Sponge Iron, Mild steel billets, Re-Rolled products (TMT bars and Mild Steel Structural) and wheat flour products.

Company Information

AddressGallantt Ispat Ltd, Ashyana, 29C, Bentinck Street, Kolkata - 700 069, West Bengal, India Kolkata, West Bengal