Gala Precision Engineering IPO Review, Date, Price, GMP

Gala Precision Engineering’s business is mainly split into two parts. The Springs Technology Division makes DSS such as wedge lock washers (WLWs) and CSS, alongside the Special Fastening Solutions (SFS ) division, which creates anchor bolts, studs, and nuts. DSS products find applications in sectors such as renewable energy, railways, automotive, off-highway vehicles, heavy machinery, electrical systems, and power equipment. 

Gala Precision Engineering’s CSS products serve sectors including commercial vehicles, passenger vehicles, railways, and industrial infrastructure. In the SFS division, Gala Precision Engineering manufactures custom-made fasteners, such as studs, anchor bolts, and nuts, used in renewable energy, railways, off-highway vehicles, electrical, and heavy machinery industries.

With a global clientele of over 175 customers, Gala Precision Engineering exports to more than 25 countries, including major markets like Germany, Denmark, China, Italy, Brazil, the USA, Sweden, and Switzerland.

Gala Precision Engineering IPO Complete Details:

Gala Precision Engineering IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP Of Gala Precision Engineering is Around 242 Rs.

Objects Of Issue:

1. Establishing a new facility at Vallam-Vadagal, SIPCOT, Sriperumbudur, Tamil Nadu, for the manufacturing of high-tensile fasteners and hex bolts.

2. Financing capital expenditures for purchasing equipment, plant, and machinery at Wada, Palghar, Maharashtra.

3. Repaying or prepaying, in full or in part, certain borrowings taken by the company.

4. General corporate purposes.

Promoters:

  • KIRIT VISHANJI GALA
  • SMEET KIRIT GALA

FAQs:

When Gala Precision Engineering IPO is Opening?

Gala Precision Engineering IPO is Opening on 02 September 2024.

When is the Gala Precision Engineering IPO Closing?

Gala Precision Engineering IPO is Closing on 04 September 2024.

What is the Issue Size of the Gala Precision Engineering IPO?

The IPO Issue Size of Gala Precision Engineering is 167.93 Crore.

Price Band of Gala Precision Engineering IPO?

The price Band of the Gala Precision Engineering IPO is 503 to 529 rupees per share.

What is the minimum investment for a Gala Precision Engineering IPO?

The minimum investment for the Gala Precision Engineering IPO is 14,812 rupees.

Allotment Date of Gala Precision Engineering IPO?

The Allotment of Gala Precision Engineering IPO is on 05 September 2024.

Listing Date of Gala Precision Engineering IPO?

The Listing Of Gala Precision Engineering is Scheduled on 09 September 2024.

Who is the Lead Manager of Gala Precision Engineering?

PL Capital Markets Private Limited is the Lead Manager of Gala Precision Engineering.

Where To Check the Allotment of Gala Precision Engineering IPO?

The allotment status for the Gala Precision Engineering IPO will be accessible on the Link Intime India Private Ltd website,

Gala Precision Engineering IPO is going to be listed at?

Gala Precision Engineering IPO is going to be listed at NSE, BSE.

What is the Lot Size of the Gala Precision Engineering IPO?

The lot size of the Gala Precision Engineering IPO is 28 Shares.

What is the P/E Ratio of Gala Precision Engineering?

The P/E Ratio of the Gala Precision Engineering is 23.95.

What is the EPS of the Gala Precision Engineering?

The EPS of the Gala Precision Engineering is 22.09.

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