Gala Precision Engineering IPO
ListedGala Precision Engineering IPO Details
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Bidding Date
02-Sep-2024 to
04-Sep-2024 -
Issue Size
₹167.93 Cr
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Price Band
₹503 to ₹529
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Allotment date
05-Sep-2024
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Listing date
09-Sep-2024
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Lot size
28
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No. of shares
31,74,416
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Fresh issue/OFS
₹135.34 Cr/₹32.59 Cr
About Gala Precision Engineering Company
Gala Precision Engineering Ltd is a precision component manufacturer specializing in technical springs and fastening solutions, serving a global clientele across various sectors. Their primary products include disc & strip springs (DSS), coil & spiral springs (CSS), and special fastening solutions (SFS), which are supplied to original equipment manufacturers (OEMs), Tier 1 suppliers, and channel partners. The company's products are utilized in industries such as renewable energy, automotive, railways, electrical, off-highway equipment, and general engineering. Established with a strong foundation in manufacturing disc and strip springs since 1989, they have expanded their product offerings over the years, incorporating CSS in 2015 and SFS in 2018.
Read our in-depth analysis of the Gala Precision Engineering Ltd IPO Here
Subscription Status
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Category
Status
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QIBs
232.5x
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NIIs
414.6x
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Retail
91.9x
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Others
258.9x
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Total
201.4x
FAQs for Gala Precision Engineering IPO.
What is the issue size of Gala Precision Engineering IPO?
The issue size of Gala Precision Engineering is ₹167.93 Cr.
What is the industry of Gala Precision Engineering?
Gala Precision Engineering falls into Machinery & Equipments industry.
Where Gala Precision Engineering IPO will be listed?
The Gala Precision Engineering IPO will be listed on both NSE and BSE.
What are the open and close dates for the Gala Precision Engineering IPO?
The open and close dates for the Gala Precision Engineering are 02-Sep-2024 & 04-Sep-2024.
What are the price band for Gala Precision Engineering IPO?
The price band for the Gala Precision Engineering ipo is ₹503 to ₹529
What is the listing date of Gala Precision Engineering IPO?
The listing date of Gala Precision Engineering IPO is 09-Sep-2024.
What is the purpose for the Gala Precision Engineering IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Gala Precision Engineering IPO subscribed?
Gala Precision Engineering total subscription ratio is 201.4X.
What are the key financials for the Gala Precision Engineering IPO?
Key financial of the Gala Precision Engineering are:
| Gala Precision Engineering | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 202.55 | 165.47 | 145.28 |
| EBIT (₹ Cr) | 32.37 | 21.62 | 13.75 |
| Proft after Tax (₹ Cr) | 21.99 | 24.21 | 6.63 |
| Debt (₹ Cr) | 54.93 | 58.53 | 56.82 |
| Net Worth (₹ Cr) | 104.45 | 83.66 | 59.32 |
| RoE (%) | 21.06 | 28.94 | 11.18 |