Gala Precision Engineering Limited
₹14,812(28 Shares)
Minimum Investment
IPO Dates
Sep 2, 2024 – Sep 4, 2024
Price Band
₹503–529 per equity share
Lot Size
28
Listing
Sep 9, 2024
Listing At
BSE, NSE
Gala Precision Engineering Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
201.39x
Gala Precision Engineering Limited IPO Issue Details
- Issue Price
- ₹503-529 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 25,58,416 shares(aggregating up to ₹135.34 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 9, 2024
- Registrar
- Link Intime India Private Ltd
Market Lot Details
Reservation Details
NII
4.75L
QIB
6.34L
Anchor
9.51L
Company Information
Gala Precision Engineering Limited is a manufacturer of precision components such as disc and strip springs (DSS), coil and spiral springs (CSS), and special fastening solutions (SFS). The company sup...
Valuations
EPS (Pre-IPO)
22.09
EPS (Post-IPO)
17.63
P/E (Pre-IPO)
23.95
P/E (Post-IPO)
30.01
RoNW
21.38%
PAT Margin
11.89%
P/B Value
5.12
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Setting up a new facility at Vallam-Vadagal, SIPCOT, Sriperumbuddur, Tamil Nadu for manufacturing high tensile fasteners and hex bolts
- 2Funding capital expenditure requirements towards purchase of equipment, plant and machinery at Wada, Palghar, Maharashtra
- 3Repayment/ prepayment, in full or part, of certain borrowings availed by the company
- 4General corporate purposes.
Gala Precision Engineering Limited – Promoter(s)
Contact Details
Corporate Office
A-801, 8th Floor, Thane One DIL Complex, Ghodbunder Road Majiwade, Thane (West)-400610
Gala Precision Engineering Limited Allotment & Registrar Details
Check AllotmentLink Intime India Private Ltd
Gala Precision Engineering Limited IPO Documents
Frequently Asked Questions — Gala Precision Engineering Limited IPO
The Gala Precision Engineering Limited IPO price band is set at ₹503.00 to ₹529.00 per equity share.
The lot size for Gala Precision Engineering Limited IPO is 28 shares per lot. The minimum investment amount is approximately ₹14,812.
The Gala Precision Engineering Limited IPO opens on Sep 2, 2024 and closes on Sep 4, 2024.
Gala Precision Engineering Limited IPO is expected to be listed on Sep 9, 2024 on BSE, NSE.
The current GMP for Gala Precision Engineering Limited IPO is ₹240, suggesting an expected listing price of around ₹743.00. Note: GMP is an unofficial market indicator.
The registrar for Gala Precision Engineering Limited IPO is Link Intime India Private Ltd. You can contact them at galaprecision.ipo@linkintime.co.in.
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