Initial public offer of upto 25,00,000 equity shares of face value of (₹) 10/- each (the "Equity Shares") of Gallard Steel Limited ("the Company" or "GSL" or "the Issuer") at an issue price of (₹) [*] per equity share for cash, aggregating up to (₹)[*] crores ("Public Issue") out of which 1,25,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) [*] per equity share for cash, aggregating (₹) [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 23,75,000 equity shares of face value of (₹) 10/- each, at an issue price of (₹) [*] per equity share for cash, aggregating upto (₹) [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.32% and 25.00% respectively of the post- issue paid-up equity share capital of the company. Price Band: (₹) 142/- to (₹) 150/- per equity share of face value of (₹) 10/- each. The floor price 14.2 times the face value of the equity shares and the cap price is 15 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.

Minimum Application for shares in Nos : 2000     Further Multiples of : 1000