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Gala Precision Engineering Limited IPO Review & Recommendations

 

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Gala Precision Engineering Limited IPO

September 08, 2024 - September 04, 2024 Closed

Gala Precision Engineering Limited IPO Review

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

Gala Precision Technology Private Limited Competitive Strengths are Well well-established manufacturer of the precision engineering components with a diversified product portfolio and diverse market, Well-equipped manufacturing facilities along with in-house design & other capabilities, Track record for consistent financial growth and performance characterized by operational efficiency and high repeat business. Gala Precision Engineering Pvt ltd ipo strategies are Strengthening their core capabilities in precision engineering for sustainability, moving up the value chain from niche markets, leverage in-house design and development capabilities to grow their product offerings and the capitalizing on future trends.

Gala Precision Engineering Limited Products and Services

Gala Precision Engineering Pvt Ltd business primarily consists of (i) the Springs Technology segment, manufacturing DSS including wedge lock washers (“WLW”), CSS and (ii) SFS manufacturing anchor bolts, studs, and nuts. Their “CSS” products are used in commercial, passenger, train, and industrial applications. They have positioned them as a key alternative to European summer suppliers & MNCs, to the PLI program, and other government incentives. They also got into another related product called retractor springs.  These canals are an important part of the traveler’s safety.

Gala Precision Technology Pvt ltd design and development abilities include engineering and precision machines like use of wire cut machines, CNC turning and grinding machines, inspection machines, fatigue testing machines and load testing machines. gala precision engineering pvt.ltd can design and manufacture tailor-made solutions to meet the accurate design, and OEMs and tier1 customers, enabling their customers to enhance equipment or vehicle safety.

Financial Overview

Gala Precision Engineering Private Limited company is in the business of manufacturing precision components and having specialization in the technical springs. The company has reported growth in both its revenue and profit for the periods mentioned. The higher profit for FY23 is mainly due to exceptional items. Considering the earnings for FY24, the stock seems to be fairly valued. Investors might consider investing for the medium to long term.

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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