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Gala Precision Engineering Limited IPO Date, Price, Review and Details

 

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Gala Precision Engineering Limited IPO

September 08, 2024 - September 04, 2024 Closed
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Gala Precision Engineering Limited IPO

Gala Precision Engineering Limited engaged in manufacture precision component manufacturer industrial springs such as disc & strip springs (“DSS”) with wedge lock washers, Coil & spiral springs (“CSS”) and specialized fastening solutions (“SFS”) for original equipment manufacturers (“OEMs”), Tier 1 and channel partners in various industrial sectors such as wind turbines and hydroelectric power plants , energy, non-highway machinery, infrastructure and general engineering, and is used in automotive and rail and other segments of transportation.

Company Promoters

  • Kirit Vishanji Gala
  • Smeet Kirit Gala    

Objects of this Issue:

  • Vallam Vadagal Sipikot, Sriperumbuddur, Tamil Nadu for manufacturing high quality fasteners and hex bolts.
  • Funding for capital requirement for purchase of equipment, plant and machinery at WADA, Palghar, Maharashtra.
  • A loan availed by our company is fully repaid/ paid in full or in part.
  • General purposes of the company.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2024

As on 31 Mar 2023

As on 31 Mar 2022

Total Assets

1,886.85

1,703.86

1,456.17

Total Liabilities

842.37

867.31

863.01

Net Profit

22.33

24.21

6.63

Gala Precision Engineering Limited IPO Schedule

1.     Bid or Offer Opens on: 02 September 2024
2.     Bid or Offer Closes on: 04 September 2024
3.     Finalization of BoA: 05 September 2024
4.     Initiation of Refunds: 06 September 2024
5.     Credit of share to Demat account: 06 September 2024
6.     Listing Date: 09 September 2024

Gala Precision Engineering Limited IPO Lot Size

The market lot size of the GALA PRECISION ENGINEERING LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

28

₹14,812

Maximum

13

364

₹192,556

S-HNI

Minimum

14

392

₹207,368

S-HNI

Maximum

67

1,876

₹992,404

B-HNI

Minimum

68

1,904

₹1,007,216

 

Company Contact Details:

Gala Precision Engineering Limited IPO

A-801,   8th   Floor,   Thane   One   DIL   Complex, Ghodbunder   

Road    Majiwade, Thane    (West), Maharashtra, India, 400610

Phone: +91 22-6930 9224

Email:  investor.relations@galagroup.com

Website: www.galagroup.com


 

Gala Precision Engineering Limited IPO Registrar Details:

Link Intime India Private Limited

C 101, 1stFloor, 247 ParkLal Bahadur Shastri Marg,

Vikhroli (West) Maharashtra, India 400083

Phone: +91 22 4918 6200

Email: galaprecision.ipo@linkintime.co.in

Website: www.linkintime.co.in


 

Frequently Asked Question

Gala Precision Engineering Limited IPO shares will get listed at NSE, BSE.
Gala Precision Engineering Limited IPO will be closed on 04 September 2024.
Market lot size of the gala precision technology private limited is 28 shares.
Gala Precision Engineering Limited IPO is going to open on 02 September 2024.
Face value of equity shares of gala precision engineering private limited is ₹10.
Post-issue shareholdings of Gala Precision Engineering Limited IPO promoters are 74.56%.
Link Intime India Private Ltd is the registrar of Gala Precision Engineering Limited IPO.
You can apply for an IPO from anywhere on the internet because it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. The ASBA service is provided by your bank and the UPI facility is provided by your stockbroker. You can invest in gala precision technology pvt ltd by using any one of these methods at your convenience.
If you do not get the allotment of Gala Precision Engineering Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Price of 1 share of Gala Precision Engineering Limited IPO is ₹503 to ₹529.
gala precision engineering pvt.ltd customer care number is 022-69309224.
The meaning of "Gala Precision Engineering Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Gala Precision Engineering Limited IPO on the current day.
You will receive the allotted shares in your Demat account on September 05, 2024.
Pre-issue shareholdings of gala precision engineering pvt ltd market promoters are 97.96%.
Gala Precision Engineering Limited IPO will get listed on September 09, 2024.
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