Gala Precision Engineering IPO GMP, Dates, details

Gala company incorporated in 2009, this co is specialized in manufacturing precision components, including disc and strip springs, coil and spiral springs and special fastening solutions. This company targeting many industry like electrical, off highway equipment, infrastructure, general engineering and mobility segment.

As of March 2024, this company is having 175 customer over 25 countries. The company operates two manufacturing facilities in Wada district, Plaghar, Maharashtra.

Gala Precision Engineering IPO Details:

NarrationRemarks
IPO Open Date2nd Sept 2024
IPO Close Date4th Sept 2024
Allotment Date5th Sept 2024
Listing Date9th Sept 2024
Demate Transfer6th Sept 2024
Refund Initiation6th Sept 2024
Lot Size28 Shares
Issue PriceRs.503 to Rs.529
Face ValueRs.10 Per Share
Issue SizeRs.167.93 Crore(Fresh Issue 135.34 Crore, OFS Rs.32.59 Crore)
Listing AtBSE, NSE
RegistrarLink Intime India Pvt Ltd

Gala Precision Engineering IPO Fundamental

NarrationRemarks
Earnings Per Share(EPS)Rs.22.09
Return on Net Worth21.38%

Gala Precision Engineering IPO Financial Review:

DateAssetsRevenueProfit
Mar 2022Rs.145 CroreRs.147 CroreRs.6.63 Crore
Mar 2023Rs.170 CroreRs.167 CroreRs.24.21 Crore
Mar 2024Rs.188 CroreRs.204 CroreRs.22.33 Crore

Gala Precision Engineering IPO Peers Group

  • Harsha Engineers International Limited
  • SKF India Limited
  • Sundram Fasteners Limited
  • Rolex Rings Limited
  • Sterling Tools Limited

Gala Precision Engineering IPO Grey Market Premium(GMP)

DateGrey Market Premium
29-08-2024NA

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