- CEO
- Mayank Agrawal
- Full Time Employees
- 5,777
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Gorakhpur Industrial DeveloPment Authority (GIDA) Gorakhpur UP India 273209
- IPO Date
- Apr 9, 2006
- Business
- Gallantt Ispat Limited manufactures iron and steel products with integrated power plants; operates in steel, power, agro-processing, and real estate segments; and maintains manufacturing facilities in Gujarat and Uttar Pradesh, India. Incorporated in 2005 and headquartered in Gorakhpur, the company produces sponge iron, mild steel billets, TMT bars, M.S. rounds and squares, pellets, and wheat flour products including atta, maida, suji, and bran under the Gallantt brand sold across northern and eastern India; it serves real estate developers, construction firms, government entities, and corporates through dealers, distributors, and direct bulk sales. Gallantt Ispat changed its name from Gallantt Metal Limited in June 2022 and acquired GL Steel and Power Limited as a wholly owned subsidiary in 2018.
The company recently approved a Rs 1,015 crore expansion of its Gorakhpur Industrial Development Area facilities, including increases in pellet capacity from 792,000 MT to 990,000 MT, sponge iron from 544,500 MT to 560,000 MT, steel billets and rolling mill from 528,000 MT to over 800,000 MT, and captive thermal power from 78 MW to 100 MW, alongside a new 100 MW solar power plant, with completion targeted by March 2026 and funding from internal accruals.
In 2025, Gallantt Ispat incorporated wholly owned subsidiary Suryalaxmi Technologies Private Limited to develop a 62.5-80 MW solar power plant in Prayagraj, Uttar Pradesh, for sales to the state government or energy exchanges; the board also approved an 18 MW solar plant in Mehsana, Gujarat.
Additionally, the company received partial SGST reimbursements totaling Rs 80.45 crore in 2024 under Gujarat and Uttar Pradesh industrial incentive schemes, supporting operational growth amid strong profit increases.