Gallard Steel and Excelsoft Technologies' IPOs are opening next week. One is in the SME category, while the other will be on the mainboard. Investor excitement has grown regarding GMP, price band, and lot size.
IPO News: The upcoming week will be special for investors seeking new opportunities in the stock market. Two new IPOs are opening next week, one belonging to the SME category and the other to the mainboard category. Gallard Steel and Excelsoft Technologies, both companies, are opening their public offerings from November 19. Investor excitement regarding these two IPOs has increased because information such as the price band, lot size, and GMP significantly influences investment decisions in the market. In such a situation, it is necessary to understand which of these two IPOs appears to have ber performance and whose Grey Market Premium (GMP) is currently better.
Preparation for IPO Opening
Two new investment options are opening for investors next week, with Gallard Steel's IPO to be listed on the SME platform and Excelsoft Technologies' IPO coming to the mainboard. IPOs of SME (Small and Medium Enterprises) companies are considered small but offer high growth potential, while mainboard IPOs generally gain more trust from larger investors. Both IPOs will open on November 19 and close on November 21. Their listing date has been set for November 26, 2025.
This week is also important for investors because the discussion around the GMP, or Grey Market Premium, of these IPOs is intense. GMP often indicates initial market interest, although it is not an official or guaranteed signal of any kind. However, investors use it to estimate how much profit might be possible at the time of listing.
Gallard Steel IPO Information
Gallard Steel's IPO is coming in the SME category. This IPO will open on November 19 and close on November 21. The company has set its price band between 142 and 150 rupees. The lot size is 1000 shares, and investors must apply for at least two lots, or 2000 shares. Thus, the minimum investment amount for a retail investor is comparatively large, which is typically seen in SME IPOs.
Gallard Steel's IPO will be listed on BSE SME. The company's probable listing date is set for November 26, 2025. Currently, according to Investorgain, the GMP for this IPO is zero. This indicates that currently, no premium is seen in the grey market for this IPO. However, in SME IPOs, GMP often changes in the final days, and investors should also pay attention to demand on the last day.
Gallard Steel's Prospects
Despite the current zero GMP for this IPO, investors should understand that the performance of SME companies depends on the company's business model, financial status, and market sentiment. Often, even with a low GMP, SME companies deliver a good listing. Similarly, often even with a high GMP, SME stocks come under pressure. Therefore, instead of relying solely on GMP, investors should also understand the company's fundamental situation.
Excelsoft Technologies IPO Information
Excelsoft Technologies' IPO is coming to the mainboard category, which makes it more popular among general investors. This IPO will also open from November 19 and close on November 21. The price band for this IPO has been set between 114 and 120 rupees. The company has set a lot size of 125 shares, which reduces the minimum investment amount for retail investors.
Excelsoft Technologies' IPO will be listed on both BSE and NSE. Its probable listing date is also November 26, 2025. According to Investorgain, the GMP for this IPO is currently 30 rupees. This means that investor interest in the grey market for this IPO is higher compared to Gallard Steel. A GMP of 30 rupees indicates that the shares might open above their price band upon listing, although this will entirely depend on market sentiment and demand.
Excelsoft Technologies' Investment Structure
The company has not reserved more than 50% of its IPO for Qualified Institutional Buyers (QIBs). At least 15% of shares have been reserved for Non-Institutional Investors (NIIs), and not less than 35% for Retail Investors. This structure is favorable for retail investors.
