Gala Precision Engineering Limited IPO Company Profile:
Gala Precision Engineering IPO is a book built issue of Rs 167.93 crores. The issue is a combination of fresh issue of 0.26 crore shares aggregating to Rs 135.34 crores and offer for sale of 0.06 crore shares aggregating to Rs 32.59 crores.
Gala Precision Engineering IPO opens for subscription on September 2, 2024 and closes on September 4, 2024. The allotment for the Gala Precision Engineering IPO is expected to be finalized on Thursday, September 5, 2024. Gala Precision Engineering IPO will list on BSE, NSE with tentative listing date fixed as Monday, September 9, 2024.
Gala Precision Engineering IPO price band is set at ₹503 to ₹529 per share. The minimum lot size for an application is 28 Shares. The minimum amount of investment required by retail investors is ₹14,812. The minimum lot size investment for sNII is 14 lots (392 shares), amounting to ₹207,368, and for bNII, it is 68 lots (1,904 shares), amounting to ₹1,007,216.
(source:chittorgarh.com)
Gala Precision Engineering Limited IPO Details:
| IPO Date | September 2, 2024 to September 4, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹503 to ₹529 per share |
| Lot Size | 28 Shares |
| Total Issue Size | 3,174,416 shares (aggregating up to ₹167.93 Cr) |
| Fresh Issue | 2,558,416 shares (aggregating up to ₹135.34 Cr) |
| Offer for Sale | 616,000 shares of ₹10 (aggregating up to ₹32.59 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Gala Precision Engineering Limited IPO
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Gala Precision Engineering Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
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Gala Precision Engineering Limited IPO
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Gala Precision Engineering Limited IPO FAQ:
Ans. Gala Precision Engineering IPO is a main-board IPO of 3,174,416 equity shares of the face value of ₹10 aggregating up to ₹167.93 Crores. The issue is priced at ₹503 to ₹529 per share. The minimum order quantity is 28 Shares.
The IPO opens on September 2, 2024, and closes on September 4, 2024.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Gala Precision Engineering IPO opens on September 2, 2024 and closes on September 4, 2024.
Ans. Gala Precision Engineering IPO lot size is 28 Shares, and the minimum amount required is ₹14,812.
Ans. The Gala Precision Engineering IPO listing date is not yet announced. The tentative date of Gala Precision Engineering IPO listing is Monday, September 9, 2024.
Ans. The minimum lot size for this upcoming IPO is 28 shares.