Exchanges
BSE, NSE
Industry
Iron & Steel Products
Issue
Fixed price

Gallantt Metal IPO

₹14.35

+43.50% on listing

Listing-day close · 4 Apr 2006 · issue price ₹10

Gallantt Metal’s ₹37.12 crore IPO was priced at ₹10 a share. It listed on 4 Apr 2006 and closed its first day at ₹14.35, up 43.50% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹37.12 Cr
Fresh issue
₹37.12 Cr
Offer for sale
—
Lot size
500 shares
Minimum investment
₹5,000
Face value
₹10
Registrar
Niche Technologies

Subscription

Gallantt Metal IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.40×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹76.32 Cr
P/E (post-issue)
110.1
EPS (post-issue)
₹0.09
Price to book
1.0
Promoter holding
100.00% → 59.22%

Financials as of 31 Mar 2005, from the offer documents.

Listing

Listing date
4 Apr 2006
Issue price
₹10
Open
—
High
—
Low
—
Close
₹14.35

Listing day. The close was +43.50% on the issue price.

GALLANTT share price today

FAQs

When did the Gallantt Metal IPO open and close?

It opened on 6 Mar 2006 and closed on 10 Mar 2006.

What was the Gallantt Metal IPO price?

The price was ₹10 a share.

What is the lot size and minimum investment?

One lot is 500 shares, ₹5,000 at ₹10 a share. Retail investors apply in whole lots.

How much did Gallantt Metal raise?

₹37.12 crore: ₹37.12 crore of new shares.

How many times was the Gallantt Metal IPO subscribed?

2.40 times overall.

How did Gallantt Metal list?

It listed on 4 Apr 2006 and closed the day at ₹14.35, up 43.50% on the ₹10 issue price.

Who is the registrar of the Gallantt Metal IPO?

Niche Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app