Gallantt Ispat Ltd. IPO

IPO Issue Details

Issue Price / Price Band₹50 per share (Fixed Price)

Face Value₹10 Per Share

Lot Size125 Shares per Lot

Total Issue Size81,00,208 shares (aggregating up to ₹40.50 Cr)

Issue TypeFixed Price IPO

Sale Type / CategoryFresh Capital

Exchange / PlatformNSE & BSE

IPO TypeMainboard

Subscription OpenWed, 22 Sep 2010

Subscription CloseFri, 24 Sep 2010

Anchor AllotmentTue, 21 Sep 2010

Basis of AllotmentThu, 30 Sep 2010

Initiation of RefundsFri, 01 Oct 2010

Credit of Shares to DematFri, 01 Oct 2010

Listing DateMon, 11 Oct 2010

UPI Mandate Deadline2010-09-24

Application & Investment Details

Retail — Min (1 Lots)₹6,250 — 125 shares

Retail — Max (13 Lots)₹81,250 (13 Lots)

HNI — Min (33 Lots)₹2,06,250 — 4,125 shares

Net Offer to Public67,00,208 shares (aggregating up to ₹33.50 Cr)

Pre-IPO Promoter Holding1,86,66,297 shares

Post-IPO Promoter Holding2,67,66,297 shares

About Gallantt Ispat Ltd.

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.

Objects of the Issue

Gallantt Ispat Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

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

Shareholding & Lock-in

Pre-IPO Promoter Holding 1,86,66,297 shares

Post-IPO Promoter Holding 2,67,66,297 shares

Check AllotmentCheck Status →

₹50.00

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Issue ₹50.00 Live Price

Quick Facts

GMP Signal ⚪ No GMP

StatusListed

Issue Price₹50

GMPNIL

Est. Listing₹50

Lot Size125 shares

Min Amount₹12,500

Listing Date11 Oct 2010

Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.

Listing Performance

Issue Price₹50

Listing Date11 Oct 2010

Listing Price—

Listing Gain/Loss—%

52-Week High—

52-Week Low—

Issue Structure & Reservation

Category	Shares Offered	% Issue	Amount (₹ Cr)*	Subscription
TOTAL	6,700,000	100.00%	₹33.50 Cr	—

* Based on ₹50.00 (upper price band)

Lot Size & Investment Details

Lot Size

125

Issue Price

₹50.00

Per Share

Min Investment

₹6,250

1 Lot

Category	Lots	Shares	Amount (₹)
Retail (Min)	1	125	₹6,250
Retail (Max)	2	250	₹12,500
sNII (Min)	33	4,125	₹206,250
bNII (Min)	161	20,125	₹1,006,250

Company Financials — Restated Consolidated (Amount in Rs Cr)

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Total Borrowings	N/A	N/A	N/A

Financial data will be published once the company files its DRHP/RHP with SEBI.

Key Ratios & Valuation

Issue Price ₹50

Face Value ₹10 Per Share

P/BV N/A

RoE N/A

RoCE N/A

RoNW N/A

PAT Margin (%) N/A

EBITDA Margin (%) N/A

Debt / Equity N/A

Company Details

Company

Gallantt Ispat Ltd.

Exchange

NSE & BSE

IPO Type

Mainboard IPO

Issue Type

Fixed Price IPO

Face Value

₹10 Per Share

Script Code

N/A

Address

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

Phone

+91 33 22312429

investors@gallantt.com

Website

http://www.gallantt.com

IPO Registrar

Niche Technologies Pvt.Ltd.

2235-7270/ 7271

gil@nichetechpl.com

http://www.nichetechpl.com

Check Allotment Status

Book Running Lead Managers

Anand Rathi Advisors Ltd.

Book Running Lead Manager (BRLM)

Quick Actions

Check Allotment Status

Live Price LIVE

Last Price₹50.00

Change Today—

Issue Price₹50.00

vs Issue—

IPO Timeline

IPO Opens

22 Sep 2010, Wed

✓ Done

IPO Closes

24 Sep 2010, Fri

✓ Done

Basis of Allotment

30 Sep 2010, Thu

✓ Done

Listing Day

11 Oct 2010, Mon

✓ Done

Quick Summary

Issue Price₹50

Face Value₹10

Lot Size125 Shares

Min. Investment₹12,500

Open Date22 Sep 2010

Close Date24 Sep 2010

Allotment30 Sep 2010

Listing Date11 Oct 2010

ExchangeNSE & BSE

GMPNIL

Est. Listing₹50