Gallard Steel is set to make its market debut on Wednesday, with early sentiment pointing to a sharp premium as the gray market premium (GMP) on the eve of listing stands at around 38%. The engineering castings maker closed its Rs 37.5 crore SME IPO last week with one of the highest subscription numbers on […]
Pithampur-based steel castings manufacturer Gallard Steel will open its Rs 37.5 crore initial public offering to subscriptions on Wednesday. The issue will remain open until Friday and the company aims to raise new capital to expand its production facilities and strengthen its balance sheet.The IPO, priced between Rs 142 and 150 per share, is entirely […]
Next week’s IPO calendar is relatively light, with only two offerings opening on November 19. The motherboard spotlight is firmly on Excelsoft Technologies, while the SMB segment will see the launch of Gallard Steel. Activity has waned after a series of issues, leaving Excelsoft as the only motherboard list investors can closely monitor.As many as […]