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Gallantt Ispat Ltd. share Price

Company details

93.00
93.00
49.55
105.00
6M Return 62.73%
1Y Return 48.92%
Mkt Cap.(Cr) 2,243.91
Volume 254
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 254

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FINANCIALS

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Gallantt Ispat Ltd. Stocks COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,225.03 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 12,500.03 -6,885.48
LAST 3M 36,702.89 2,100.69
LAST 6M 45,999.05 152,168.44
LAST 12M 133,371.71 158,810.39

Gallantt Ispat Ltd. Information

Stock PE (TTM)
15.3
Promoter Holding
68.79%
Book Value
88.5166
ROCE
10.75%
ROE
8.82%
Description
  • Gallantt Metal Ltd, a Gallantt Group of Companies, is engaged in the production of iron, steel, and power primarily in India. The Company is engaged in manufacturing of Steel and Steel products with power plant and having its manufacturing unit at Kutch in the State of Gujarat. It operates in two segments: Steel and Power. Their products include sponge iron, M.S. billets, re-rolled products (TMT bars), and M.S. bars. The company is having an integrated steel plant in Kutch, Gujarat, to manufacture Sponge Iron, M.S. Billets, Re-Rolled products (QST bars) with a captive power plant with an investment of Rs.220 crores. The project has been installed at an area of 122 acres of land. The manufacturing unit comprises of a Steel melt shop with capacity of 1,76,420 MTPA, Sponge Iron unit with a capacity of 99,000 MTPA, a rolling mill with a capacity of 1,68,300 MTPA and captive power plant with a capacity of 25 MW. Gallantt Metal Ltd, a closely held public limited company, was incorporated in February 2005 at Kolkatta. The company was by Chandra Prakash Agrawal, Dinesh R Agarwal, Nitin Kandoi and P B Mercantiles Pvt Ltd. The company was established with a view to set up a plant in Kutch, Gujarat, for manufacturing Sponge Iron, M.S. Billets, Re- Rolled products (TMT bars) with a captive power plant. In December 29, 2005, the company commenced their phase I commercial operations. In March 7, 2007, the company commissioned the phase-II of the project which was the 25MW Captive Power Plant. During the year 2009-10, the company took various strategic initiatives to improve their volumes and profitability. They expanded their market to sell production within the state of Gujarat, Maharashtra and Rajasthan. The company has acquired a land of 106 acres for the expansion plan at Koppal in Karnataka. The company proposes to set up Steel and Power projects in the acquired land. Honorable National Company Law Tribunal, Kolkata Bench and Honorable National Company Law Tribunal, New Delhi Bench, vide their orders dated September 22, 2021 and May 20, 2022 respectively, approved the Scheme of Amalgamation providing for Slump Sale of 18 MW Power Plant of Gallantt Ispat Limited to Gallantt Metal Limited and thereafter Gallantt Ispat Limited (GIL), AAR Commercial Company Limited, Hipoline Commerce Private Limited, Lexi Exports Private Limited and Richie Credit and Finance Private Limited (Transferor Companies) amalgamated with Gallantt Metal Limited (GML) (Transferee Company) and their respective shareholders and creditors. Gallantt Ispat Limited (Transferor Company) was Associate of the Company which amalgamated with the Company and consequent upon the said amalgamation, Gallantt Ispat Limited (Transferor Company) ceased to exist as an Associate. The Company acquired the entire shareholding of M/s. Gallantt Metalliks Limited by investing Rs 18,00,000/- to make M/s. Gallantt Metalliks Limited as a Wholly Owned Subsidiary of the Company effective on May 10, 2022.

Registered Address

Gallantt House, I-7 Jungpura Extension, New Delhi, New Delhi, 110014

Email : csgml:gallantt.com
Website : http://www.gallantt.com
Registrar

Niche Technologies Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532726
NSE Code : GALLANTT
Book Closure Date (Month) :
BSE Group : B
ISIN : INE297H01019

FAQ’s on Gallantt Ispat Ltd. Shares

You can buy Gallantt Ispat Ltd. shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Gallantt Ispat Ltd. Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 25, 2023 09:07 AM the closing price of Gallantt Ispat Ltd. was ₹ 93.00.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 25, 2023 09:07 AM, the market cap of Gallantt Ispat Ltd. stood at ₹ 2,243.91.

The latest PE ratio of Gallantt Ispat Ltd. as of Sep 25, 2023 09:07 AM is 15.3

The latest PB ratio of Gallantt Ispat Ltd. as of Sep 25, 2023 09:07 AM is 0.95

The 52-week high of Gallantt Ispat Ltd. is ₹ 105.00 while the 52-week low is ₹ 49.55

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