Gallard Steel Share Price

Gallard Steel Limited was incorporated as a limited Company on April 9, 2015 with the Registrar of Companies, Gwalior, Madhya Pradesh. Gallard Steel is an engineering company engaged into manufacturing of readytouse components, assemblies, and sub assemblies for Indian railways, defence, power generation and allied industries. The product portfolio includes critical components such as traction motor components and bogie assembly components for railway sector, subassemblies for thermal and hydro turbines used in power generation sector and components for industrial machinery, equipment and defence sector. These components are manufactured using unmachined and machined castings made from metals including carbon steel, ductile iron, grey cast iron and medium and low alloy steels. Clientele primarily comprises companies operating in the heavy engineering, railways and defence sector.In the railway sector, Company supply components for the production of traction motors and bogie assemblies, including control armsfor FIAT LHB coaches, stator frames for various motors used by railways for manufacturing of traction motors serving railway and heavy engineering industries. In defence sector, it manufacture components such as cradles and recoiling assembly cylinders for government defence production units. In power generation sector, it manufacture guide vanes, bush housings and fork systems for heavy engineering companies, which are used in hydro and thermal power generation. In components for industrial machinery and equipment, it manufacture High Temperature Resistance Liner and other components. The Company has acquired Sleeploop India Private Limited, making it a whollyowned subsidiary of the Company in 2024. The manufacturing operations are carried out at their foundry located in Pithampur, in Dhar district of Madhya Pradesh. The Company is ISO9001:2015 certified, while it support processes such as melting, heat treatment, grinding, molding, sand mixing and finishing. Gallard Steel holds Class A Foundry Status from the Research Designs and Standards Organization (RDSO), Ministry of Railways, confirming compliance with IS: 12117:1996 (Reaffirmed 2022). In addition, Company has been approved by the competent authority under Indian Railways for capacitycumcapability assessment to develop, manufacture and supply various critical components for electric locomotives and traction motors, including Suspension Tubes, Axle Boxes, Gear Cases, Axle Box housing and Control Arms. It is also an approved vendor for supplying critical components for defense applications, including Cradle Assemblies and Steel Castings, as per specific technical requirements.Company is planning 30,00,000 Fresh Issue of Equity Shares by way of IPO.