Gala Precision Engineering Limited IPO Review & Recommendations
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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.
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