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Gala Precision Engineering Limited IPO Subscription Status

📅Offer Date: 02 Sept 2024 – 04 Sept 2024

Minimum investment
₹14,81228 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total201.39x
QIB232.54x
NII414.60x
Retail91.91x

Gala Precision Engineering Limited IPO was subscribed 201.39x in total when bidding closed on 04 Sept 2024, with 232.54x in the QIB category, 414.60x in NII, 91.91x in retail. The issue ran from 02 Sept 2024 to 04 Sept 2024 at a price band of ₹503.00–₹529.00 per share.

QIB232.54xNII414.60xRetail91.91xTotal201.39x1×

Times subscribed by category against the 1× line.

92
≈ 1 in 92 retail allotment
low allotment chance

Based on retail subscription (91.91x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs6,33,72414,73,66,179232.54x
NIIs4,75,29319,70,56,478414.60x
SNIIs (<10L)1,58,4315,77,43,347364.47x
BNIIs (>10L)3,16,86213,93,14,716439.67x
Retail11,09,01710,19,29,75291.91x
Total22,23,83044,78,57,124201.39x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs33.527795.67232.54x
NIIs25.1410424.29414.60x
Retail58.675392.0891.91x
Total117.3323612.04201.39x

Values derived from share count × issue price (₹529.00)

What this means for allotment & listing

Because Gala Precision Engineering Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Gala Precision Engineering Limited IPO subscription FAQs