247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Gallantt Ispat Limited IPO (Gallantt Ispat IPO) Details

Gallantt Ispat Limited is an Steel - Iron based company, located in Kolkata, Gallantt Ispat Limited IPO size was 40.50 Cr. and was issued at 50.00 per share. The share of Gallantt Ispat Limited were listed at 81.60 per share and are currently trading at per share.

Type :
Sub Sector : Sponge Iron
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
130.04 Cr.

PAT :
-7.49 Cr.

Pricing Report

Issue Price :
50.00

Listing Price :
81.60

Current Market Price :

Issue Price vs CMP :
50 (100.00%)

listing Price vs CMP :
81.6 (100.00%)

Performance Report (CAGR* wise)

CAGR : -100
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Gallantt Ispat

Company Information
Gallantt Ispat Limited is one of the growing firms in Uttar Pradesh, engaged in the manufacturing and marketing of Sponge Iron, Mild Steel Billets, Re-Rolled Products (such as TMT Bars and Mild Steel Structural), and Flour. Incorporated in February 2005 in Kolkata, the company is promoted by Mr. Chandra Prakash Agrawal, Mr. Prem Prakash Agarwal, Mr. Nitin M Kandoi, M/s Chandra Prakash Agarwal & Sons HUF, and M/s Gallantt Metal Ltd. It was established with the aim of setting up an integrated steel plant and a modern roller flour mill at Sector-23, GIDA, Sahjanwa, Gorakhpur, Uttar Pradesh. The company also proposes to set up a captive power plant to meet its power requirements. Commercial production of Mild Steel Billets, Re-Rolled Products (TMT Bars), and Flour
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Object of Issue
  • To part finance the integrated steel plant
  • To part finance the Fltheir Mill with a capacity of ,0,000 MTPA
  • Listing of securities on Stock Exchanges

Gallantt Ispat MainBoard IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2010
IPO Size :
40.50 Cr.
PE Multiple :
0.00
IPO Registrar:
Niche Technologies Private. Limited

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FAQs

Gallantt Ispat operates in Steel - Iron and Sponge Iron. The Issue is listed on MainBoard in Oct, 2010. Gallantt Ispat IPO size was 40.50 Cr. with Issue price of 50.00 .

Merchant Banker(s) of Gallantt Ispat IPO: Anand Rathi Securities Limited

Gallantt Ispat IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Gallantt Ispat IPO listed at a listing price of 81.60 against the offer price of 50.00.

The current market price of Gallantt Ispat is .

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