Exchanges
BSE, NSE
Industry
Industrial Products
Issue
Book building

Gala Precision Engineering IPO

₹757.15

+43.13% on listing

Listing-day close · NSE · 9 Sep 2024 · issue price ₹529

Gala Precision Engineering’s ₹168 crore IPO was priced at ₹529 a share. It listed on the NSE on 9 Sep 2024 and closed its first day at ₹757.15, up 43.13% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹168 Cr
Fresh issue
₹135 Cr
Offer for sale
₹32.59 Cr
Lot size
28 shares
Minimum investment
₹14,812
Face value
₹10
Registrar
MUFG Intime India

Subscription

Gala Precision Engineering IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—145.78×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹670 Cr
P/E (post-issue)
30.0
EPS (post-issue)
₹17.63
Price to book
5.1
ROE
23.59%
ROCE
19.91%
Debt to equity
0.53
PAT margin
11.89%
Promoter holding
74.56% → 55.40%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
9 Sep 2024
Issue price
₹529
Open
₹721.10
High
₹757.15
Low
₹721.10
Close
₹757.15

Listing day on the NSE. The close was +43.13% on the issue price.

GALA PRECISION ENG share price today

FAQs

When did the Gala Precision Engineering IPO open and close?

It opened on 2 Sep 2024 and closed on 4 Sep 2024.

What was the Gala Precision Engineering IPO price?

The price band was ₹503–529 a share. The final issue price was ₹529.

What is the lot size and minimum investment?

One lot is 28 shares, ₹14,812 at ₹529 a share. Retail investors apply in whole lots.

How much did Gala Precision Engineering raise?

₹168 crore: ₹135 crore of new shares and ₹32.59 crore offered by existing shareholders.

How many times was the Gala Precision Engineering IPO subscribed?

145.78 times overall.

How did Gala Precision Engineering list?

It listed on the NSE on 9 Sep 2024 at ₹721.10 and closed the day at ₹757.15, up 43.13% on the ₹529 issue price.

Who is the registrar of the Gala Precision Engineering IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app