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GALLANTT ISPAT LTD.

27 April 2026 | 01:29

Industry >> Steel - Sponge Iron

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ISIN No INE297H01019 BSE Code / NSE Code 532726 / GALLANTT Book Value (Rs.) 132.86 Face Value 10.00
Bookclosure 12/09/2025 52Week High 948 EPS 16.61 P/E 52.53
Market Cap. 21049.35 Cr. 52Week Low 400 P/BV / Div Yield (%) 6.57 / 0.14 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Gallantt Metal Limited (GML), a closely held public limited company, was incorporated in February 2005 having its registered office at "Centre Point", 21, Hemant Basu Sarani, 3rd Floor, Room No. 306, Kolkata- 700 001, India . GML has been promoted by Shri Chandra Prakash Agrawal, Shri Dinesh R. Agarwal, Shri Nitin Kandoi and P.B. Mercantiles Pvt. Ltd. The promoter directors of the company are in diversified business. Shri Chandra Prakash Agrawal had promoted Govind Mills Limited (GoML) in 1988 to set up a flour mill (18,000 tpa) at Gorakhpur (U.P.). GoML currently has flour mills in and around Gorakhpur with an aggregate installed capacity of around 2,50,000 tpa. In 1994, Shri Chandra Prakash set up a steel unit comprising of Induction furnace and re-rolling mill at Gorakhpur for manufacturing of M.S. Ingot and M.S Round Bar with an installed capacity of 52,800 tpa under the same company. Shri Dinesh R. Agarwal, one of the promoters, had promoted another group company viz. M/s. Ganesh Laxmi Processors Pvt. Ltd (GLPL) in 1993. GLPL is having dying, printing and processing house of Art Silk cloth at Surat with an installed capacity of 126 lacs mtrs. p.a. GML has been incorporated with a view to set up a steel plant at Kutch, Gujarat, to manufacture Sponge Iron, M.S. Billets, Re-Rolled products (TMT Bars) with a captive power plant. The proposed project is envisaged to have the following manufacturing facilities. * Sponge Iron Plant with a capacity of 99,000 MTPA * Steel Melt Shop: M.S. Billets via Induction Furnace & Caster Machine Route with a capacity of 1,76,420 MTPA * Re-Rolled Products with a capacity of 1,68,300 MTPA. * Captive Power Plant of 18 MW capacity MAJOR EVENTS IN THE HISTORY OF THE COMPANY The Company is incorporated in February 2005and the commercial production is expected to start in December 2005. There are no major events that have taken place since Company's incorporation. 2008 -Registered Office of the Company has been shifted 21, Hemant Basu Sarani, Third Floor, Room No. 306, Kolkata 700 001 To "Ashyana" 29C, Bentick Street, Mizzen Floor, Kolkata - 700 069. 2009 -Mr. Virendra Kumar Keshri has been appointed as Additional Director of the Company 2010 --Registered Office of the Company has been shifted from "ASHYANA" 29C, Bentick Street, Mizzen Floor, Kolkata- 700 069 to 11, Crooked Lane, Second Floor, Kolkata- 700069 2011 -Registered Office of the Company has been shifted From 11, Crooked Lane, Second Floor, Kolkata - 700 069 To 1, Crooked Lane, Second Floor, Room No. 222 & 223, Kolkata - 700 069. 2014 -"Repayment of Debt of the Company". 2016 -Gallantt Metal Ltd has informed regarding Order of Honorable High Court at Calcutta approving Amalgamation of Gallantt Udyog Ltd with Gallantt Ispat Ltd. 2018 -Gallantt Metal Limited has informed the Exchange for acquisition of GL Steel and Power Limited as a wholly owned subsidiary of the Company. 2021 -Gallantt Group of Companies has signed in Bollywood Superstar and Actor Shri Ajay Devgan as the Brand Ambassador to endorse its products.". 2022 -Company name has changed to Gallantt Ispat Ltd. from Gallantt Metal Ltd..

2025
- Company cellebrated the strength of partnership Gallantt TMT & Cement Dealers/Partners Award Ceremony 2025 in Singapore.
-Company recieveing award at ABP Ideas of India 2025, Grand Hyatt, Mumbai.