Gala Precision Engineering Limited IPO

BSE, NSEClosed

Check Allotment

Sep 2, 2024Open Date

Sep 4, 2024Close Date

TBAAllotment Date

Sep 9, 2024Listing Date

Subscription Details

View Subscription Details

QIB232.54x

Retail91.91x

NIIs (Non-Institutional Investors)Main Category

414.60x

↳ NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

439.67x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

364.47x

Overall Subscription

Total Bids Received

201.39x

Updated: 10 Jul, 06:09 pm

Gala Precision Engineering Limited IPO Issue Details

Issue Price₹503-529 Per Equity Share

Face Value₹10 Per Equity Share

Fresh Share25,58,416 shares(aggregating up to ₹135.34 crore)

Listing AtBSE, NSE

Listing DateSep 9, 2024

RegistrarLink Intime India Private Ltd

Reservation Details

Category	Shares Offered	%
NII	4,75,293	14.97%
QIB	6,33,724	19.96%
Anchor	9,50,586	29.95%

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)

Metric	FY 24	FY 23	FY 22
Total Assets	188.69	170.39	145.62
Total Revenue	204.38	167.08	147.96
Profit After Tax	22.33	24.21	6.63
Net Worth	104.45	83.66	59.32

* 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.