IPO Trending
GALAPRECEQ / NSE, BSEListed
GALA PRECISION ENGINEERING

Incorporated in February 2009, Gala Precision Engineering Limited manufactures high-precision components such as disc and strip springs (DSS), coil and spiral springs (CSS), and special fastening solutions (SFS), serving OEMs across sectors including electrical, off-highway equipment, infrastructure, automotive, and railways. With a strong global presence, the company supplies over 175 customers across 25 countries, including Germany, Denmark, China, Italy, Brazil, the USA, Sweden, and Switzerland. Gala Precision operates two manufacturing facilities in Wada, Palghar, Maharashtra, and is expanding through a new plant at Vallam-Vadagal, SIPCOT, Sriperumbudur, Tamil Nadu, dedicated to high-tensile fasteners and new products such as bolts. As of June 30, 2024, the company employs 294 permanent staff across manufacturing, logistics, quality assurance, tool room development, and HR, supported by an additional 390 contract employees.

₹503 - ₹529201.41x sub
Listed Price₹721.10
Listing Gain+36.31%

IPO Schedule & Timeline

Bookbuilding IPO
Open02 Sep 2024
Close04 Sep 2024
Allotment05 Sep 2024
Listing09 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB6,33,724 shares
28.5%
HNI4,75,293 shares
21.37%
Retail11,09,017 shares
49.87%
Employee5,796 shares
0.26%

Minimum Application Lots

Retail1 Lot (28 shares)
₹14,812
sHNI14 Lots (392 shares)
₹2,07,368
bHNI68 Lots (1,904 shares)
₹10,07,216

Company Promoters

Kirit Vishanji GalaKirit Vishanji Gala

Company Background

Incorporated in February 2009, Gala Precision Engineering Limited manufactures high-precision components such as disc and strip springs (DSS), coil and spiral springs (CSS), and special fastening solutions (SFS), serving OEMs across sectors including electrical, off-highway equipment, infrastructure, automotive, and railways. With a strong global presence, t...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹204.38 Cr
Growth+38.1%
Revenue Trend (₹ in Crores)
0.078.3156.7235.0Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-24204.3822.33188.6955.03
Mar-23167.0824.21170.3958.6
Mar-22147.966.63145.6256.89

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2421.7723.27%19.91%23.9530.01
Mar-2323.5617.28%22.93%00
Mar-226.4411.18%13.85%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
05 Sep 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
09 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for GALA PRECISION ENGINEERING. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date09 Sep 2024Trading commences on exchange

How to Check GALA PRECISION ENGINEERING Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select GALA PRECISION ENGINEERING from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About GALA PRECISION ENGINEERING IPO

Complete issue overview for GALA PRECISION ENGINEERING (GALAPREC) IPO. The issue features an equity share price band of ₹503 – ₹529 per share with a minimum retail lot size of 28 Shares (minimum application amount of ₹14,812). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions