Gala Precision Engineering IPO Date, Review, Price, Allotment Details

Gala Precision Engineering IPO Details

Gala Precision Engineering IPO Market Lot

The Gala Precision Engineering IPO minimum market lot is 28 Shares with ₹14,812 application amount. The retail investors can apply up-to 13 lots with 28 shares or ₹14,812 amount.

Gala Precision Engineering IPO Dates

The Gala Precision Engineering IPO date is September 2 and the close date is September 4. The Gala Precision Engineering IPO allotment will be finalized on September 5 and the IPO listing on September 9.

Promoters of Gala Precision Engineering

The promoters of the company are Kirit Vishanji Gala and Smeet Kirit Gala.

About Gala Precision Engineering

Gala Precision Engineering, with over three decades of experience, is a leading specialist in the design and manufacturing of high-precision components such as High Tensile Fasteners, Coil & Spiral Springs, Disc & Strip Springs, and Wedge Lock Washers. The company offers global standards such as German DIN while providing customization to match client needs. It Serves over 175 global customers across 25+ countries. Gala’s global footprint includes an office in Frankfurt, Germany to support its European clients, as a significant portion of its sales are generated internationally.

The company is expanding its production capabilities by establishing a new facility in Tamil Nadu dedicated to special fastening solutions. On top of this, they practice lean manufacturing and make use of automation to improve productivity as well as reduce errors.

Gala Precision Engineering Company Financial Report

The company reported revenue of ₹204.38 crores in 2024 against ₹167.08 crore in 2023. The company reported profit of ₹22.33 crores in 2024 against loss of ₹24.21 crores in 2023.

Amount ₹ in Crores

Gala Precision Engineering IPO Valuation – FY2024

Check Gala Precision Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Setting up a new facility at Vallam-Vadagal, SIPCOT, Sriperumbuddur, Tamil Nadu for manufacturing high tensile fasteners and hex bolts;
• Funding capital expenditure requirements towards purchase of equipment, plant and machinery at Wada, Palghar, Maharashtra;
• Repayment/ prepayment, in full or part, of certain borrowings availed by the company; and
• General corporate purposes.

Gala Precision Engineering IPO Review

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Gala Precision Engineering IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

• Pl Capital Markets Private Limited

Company Address

Gala Precision Engineering Limited
A-801, 8th Floor
Thane One DIL Complex, Ghodbunder Road Majiwade,
Thane (West)-400610
Phone: +91 22-6930 9224
Email: [email protected]
Website: https://www.galagroup.com/

Gala Precision Engineering IPO FAQs