Gala Precision Engineering IPO details (2 – 4 Sep), (Price 503 to 529)
Listing date and Listing Price of Gala Precision Engineering IPO:
- Gala Precision Engineering IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Gala Precision Engineering IPO on NSE – Click Here
- Listing Price of Gala Precision Engineering IPO on BSE – Click Here
Grey Market premium (GMP) price of Gala Precision Engineering IPO :
Grey Market premium (GMP) price of Gala Precision Engineering IPO is ₹__. Grey Market premium (GMP) of Gala Precision Engineering IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Gala Precision Engineering IPO Allotment link status on Link Intime:
- Check the allotment status of Gala Precision Engineering IPO on the below link given by Link Intime.
- Gala Precision Engineering IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
Gala Precision Engineering IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
Gala Precision Engineering IPO subscription status details:
Gala Precision Engineering IPO subscription status details are below:
| QIB (Qualified Institl. Bidders) | NII (bids above ₹10L) | NII (bids below ₹10L) | RII (Retail) | Total No. of times applied | |
| Day 1 | |||||
| Day2 | |||||
| Day 3 |
Gala Precision Engineering IPO highlights:
| Gala Precision Engineering IPO bid Opens on | 2 Sep 2024 |
| Gala Precision Engineering IPO bid Closes on | 4 Sep 2024 |
| Issue type | 100% Book Building |
| Gala Precision Engineering IPO issue size | ₹ 167.93 Cr |
| Face value of each equity share | Rs. 10 |
| Gala Precision Engineering IPO Price band | Rs 503 to Rs 529 per share |
| Gala Precision Engineering IPO market lot | 28 equity shares and multiples |
| Gala Precision Engineering IPO minimum order quantity | 28 equity shares |
| Pre IPO equity share of promoters of Gala Precision Engineering | 74.56 % |
| Post IPO paid-up equity share of promoters of Gala Precision Engineering | __ % |
| QIB portion reservation in Gala Precision Engineering IPO | 50 % |
| NIB portion reservation in Gala Precision Engineering IPO | 15 % |
| Retail portion reservation in Gala Precision Engineering IPO | 35 % |
| Retail individual bidder can apply in Gala Precision Engineering IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Gala Precision Engineering IPO | NA |
| Employees can apply in Gala Precision Engineering IPO | up to 5 lakh (500,000) |
| Employees Reservation in Gala Precision Engineering IPO | NA |
| Employees Discount in Gala Precision Engineering IPO | Rs. 35 per equity share |
| Listing of Gala Precision Engineering at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Gala Precision Engineering | NA |
| Registrar of Gala Precision Engineering IPO issue | Link Intime India Private Limited |
Gala Precision Engineering IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Gala Precision Engineering IPO are mentioned below.
| Gala Precision Engineering IPO opens on | 30.08.2024 |
| Gala Precision Engineering IPO Closes on | 03.09.2024 |
| Allotment basis date of Gala Precision Engineering IPO | 04.09.2024 |
| Money refund date of Gala Precision Engineering IPO | 05.09.2024 |
| Shares of Gala Precision Engineering in Demat Account | 05.09.2024 |
| Gala Precision Engineering IPO listing date on NSE, BSE | 06.09.2024 |
How much shares of Gala Precision Engineering IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ₹ 834.68 Cr | |
| Fresh Issue size | – | ₹ 148 Cr |
| Offer for Sale (OFS) | – | ₹ 686.68 Cr |
| Employee Reservation | – | – |
IPO Red Herring Prospectus (RHP) of Gala Precision Engineering:
Click here for IPO RHP of Gala Precision Engineering on SEBI website.
Business of Gala Precision Engineering: (Source – RHP)
We are a precision component manufacturer of technical springs like disc & strip springs (“DSS”) including wedge lock washers; coil & spiral springs (“CSS”) and special fastening solution (“SFS”) supplying to original equipment manufacturers (“OEMs”), Tier 1 and channel partners; used in sectors like renewable energy including wind turbine and hydro power plants, various industrial sectors such as electrical, off highway equipments, infrastructure and general engineering, mobility segments such as automotive and railways (Source: 1Lattice Report). Our listed competitors include Harsha Engineers International Limited, SKF India Limited, Sundram Fasteners Limited, Rolex Rings Limited, Sterling Tools Limited and Ratnaveer Precision Engineering Limited. Our technical springs and high tensile fasteners have been supplied to customers in countries such as Germany, Denmark, China, Italy, Brazil, USA, Sweden, Switzerland etc. Accordingly, we are a key link in the global supply chain for OEMs.
Go Back to – IPO Dashboard for other IPOs:
Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance
Kindly verify from RHP and concerned company for any clarification.