84  Total SME IPOs listed in 2025

3,748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

84  Total SME IPOs listed in 2025

3748.24 Crs.  Total funds raised in 2025

57  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

Gala Precision Engineering IPO (Gala Precision Engineering Limited IPO) Detail

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.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 167.93 Cr. Avg IPO Size (Sector Based) : ₹ 662.33 cr.
  • Sector: Engineering IPO so far: 39
  • Merchant Banker: PL Capital IPO by BRLM so far: 2
  • City: Mumbai IPO so far: 187
  • Revenue (annualised): ₹ 204.38 cr.
            PAT: (annualised): ₹ 22.33 cr. Read Financial Information >>
  • PE Ratio: 30.01x Average Sector PE Ratio: 23.08x

Gala Precision Engineering IPO Date

Date of DRHP:
14th February 2024
IPO Open Date:
2nd September 2024
IPO Close Date:
4th September 2024
IPO Allotment Date:
5th September 2024
Initiation of Refund:
6th September 2024
IPO Listing Date:
9th September 2024

Gala Precision IPO Info, Size, Subscription

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.

IPO Size :
₹ 167.93 Cr.

Issue Price:
₹ 529.00

Market Capitalisation :
₹ 670.24 Cr.

PE multiple :
30.01

Subscription :
201.41 times

Pre Issue Promoter Holding :
74.56 %

Post Issue Promoter Holding :
55.40 %

Gala Precision Engineering IPO Information

Sub Sector : manufacturer of precision components such as disc and strip springs (DSS)
Gala Precision Engineering Limited is a leading precision component manufacturer specializing in technical springs like disc & strip springs (DSS), coil & spiral springs (CSS), and special fastening solutions (SFS), supplying original equipment manufacturers (OEMs), Tier 1 suppliers, and channel partners. These components are used across various sectors, including renewable energy (wind turbines and hydro power plants), industrial sectors (electrical, off-highway equipment, infrastructure, and general engineering), and mobility segments (automotive and railways). The company's products have been supplied to global customers in countries like Germany, Denmark, China, Italy, Brazil, the USA, Sweden, and Switzerland, positioning the company as a key player in the global supply chain for OEMs. Its customer base includes renowned names such as John Deere India, Faiveley Transport Rail Technologies, Brembo
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Object of Issue (Gala Precision IPO Objectives)

  • Setting up a new facility at Vallam-Vadagal, SIPCOT, Sriperumbuddur, Tamil Nadu for manufacturing high tensile fasteners and hex bolts
  • Funding capital expenditure requirements towards purchase of equipment, plant and machinery at Wada, Palghar, Maharashtra
  • Repayment/ prepayment, in full or part, of certain borrowings availed by the company
  • General Corporate Purposes

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 IPO Registrar (RTA)

Link Intime India Private Limited

Gala Precision IPO Lead Manager (BRLM)

PL Capital Markets Private Limited

Gala Precision Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Gala Precision Engineering IPO?

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.

When is Gala Precision IPO allotment?

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.

When is Gala Precision Engineering IPO listing date?

Gala Precision Engineering IPO is expected to be listed on 9th September 2024.

What is the price band for Gala Precision IPO?

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.

What is Gala Precision Engineering IPO Review?

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.

How to Apply for Gala Precision Engineering IPO?

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.

Who is the merchant banker of Gala Precision IPO?

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.

Who is the Registrar of Gala Precision Engineering IPO?

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.

What is the Gala Precision Engineering IPO subscription?

Gala Precision Engineering IPO was subscribed 201.41 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

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

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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