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Gala Precision Engineering Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are large, sophisticated investors, such as the mutual funds, insurance companies, pension funds, and hedge funds, which are considered to have the expertise and resources to evaluate investment opportunities ensuring -Standards need to be met, and there allow retail investors to purchase the shares at a price below the offering price of the shares

• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), on the other hand, generally consist of individual investors, high net worth individuals (HNIs), or companies that do not meet the financial criteria be classified as QIBs and allowed to participate in IPOs at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" means "small non-institutional investor". This sub-category includes investors who have created shares of ₹2 lakh and ₹10 lakh in IPO

2. bNII - "bNII" means "large non-institutional investor". This sub-category includes investors who have created shares worth more than ₹10 lakh in IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to ₹2 lakhs in an IPO, aimed at encouraging retail participation in the IPO process.

• Employee (EMP)- The employee (EMP) category in an IPO is reserved for employees, directors, and associate employees of the issuing company, and the issuing company and the IPO's chief executive officer determine the allocation of shares in this category in

• Others- A category of eligible shareholders or other investors who have a reserved quota in the IPO.