Gala Precision Engineering IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 167.93 Cr. The company is based in Mumbai and caters to Engineering sector. PL Capital Markets is the merchant banker of Gala Precision Engineering IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th February 2024.
Gala Precision Engineering IPO open date is 2nd September 2024 and close date is 4th September 2024. IPO Allotment Date is 5th September 2024 and Listing date is 9th September 2024.Gala Precision Engineering IPO size is ₹ 167.93 Cr. with IPO price of ₹ 529.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
PL Capital Markets Private Limited is the book-running lead manager of the Gala Precision Engineering IPO. Link Intime India Private Limited is the Registrar for Gala Precision Engineering IPO.
Gala Precision Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Gala Precision Engineering IPO, based in Mumbai, operates in the Engineering sector with a focus on manufacturer of precision components such as disc and strip springs (DSS). The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Gala Precision Engineering IPO size is ₹ 167.93 Cr. with fresh issue size of ₹ 135.34 Cr. and Offer for sale being ₹ 32.59Cr.
The IPO allotment date for Gala Precision Engineering IPO is expected to be 5th September 2024, after the finalization of basis of allotment. Investors can check Gala Precision Engineering IPO allotment status on the registrars website, Link Intime India Private Limited . Gala Precision Engineering IPO refund dates are 6th September 2024.
Gala Precision Engineering IPO is expected to be listed on 9th September 2024.
The upper price band for the Gala Precision Engineering IPO is set at ₹ 529.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Gala Precision Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Gala Precision Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th September 2024. After submission, funds are blocked until the basis of allotment of Gala Precision Engineering IPO is finalised.
The merchant banker for Gala Precision Engineering IPO is PL Capital Markets Private Limited . PL Capital Markets Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Gala Precision Engineering IPO RHP for further details.
The registrar for Gala Precision Engineering IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Gala Precision Engineering IPO through their official website or helpline.
Gala Precision Engineering IPO was subscribed 201.41 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Gala Precision Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Gala Precision Engineering Financial Review Page
Merchant Banker(s) of Gala Precision Engineering IPO: PL Capital Markets Private Limited
Gala Precision Engineering IPO subscription was 201.41 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Gala Precision Engineering IPO listed at a listing price of 787.05 against the offer price of 529.00.
The current market price of Gala Precision Engineering is 880.65.
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