Gala Precision Engineering IPO GMP Today, Details, Date

Dear investors check out here Gala Precision Engineering IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Gala Precision Engineering IPO GMP today is ₹230.

Gala Precision Engineering IPO is open on Monday, September 2, 2024. and close on Wednesday, September 4, 2024. Gala Precision Engineering IPO total issue size is 3,174,416 shares (aggregating up to ₹167.93 Cr), and Gala Precision Engineering IPO price is ₹529 per share. The IPO will be listed on BSE and NSE. Gala Precision Engineering Limited IPO listing on Monday, September 9, 2024.

Gala Precision Engineering IPO Date

IPO Open Date: Monday, September 2, 2024
IPO Close Date: Wednesday, September 4, 2024
Basis of Allotment: Thursday, September 5, 2024
Initiation of Refunds: Friday, September 6, 2024
Credit of Shares to Demat: Friday, September 6, 2024
Listing Date: Monday, September 9, 2024
Cut-off time for UPI mandate confirmation: 5 PM on September 4, 2024

Gala Precision Engineering Limited About

Gala Precision Engineering Limited is a leading global manufacturer of precision components, specializing in springs and fastening solutions. Established in 2009, the company serves various industries, including automotive, railway, electrical, off-highway equipment, and infrastructure.

Gala’s core products include disc and strip springs, coil and spiral springs, and special fastening solutions. These components are widely used by original equipment manufacturers (OEMs) worldwide, with customers in Germany, Denmark, China, Italy, Brazil, the USA, Sweden, and Switzerland.

The company operates two manufacturing facilities in India, equipped with state-of-the-art technology to design, develop, and produce high-quality products. Gala’s commitment to innovation and quality has established a strong reputation in the global market.

As of June 30, 2024, Gala Precision Engineering employs over 600 people, including a dedicated team of engineers, technicians, and skilled workers. The company’s focus on employee development and satisfaction has contributed to its continued success.

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Gala Precision Engineering IPO GMP Today Price | Gray Markets Price Today

As Per the last update on September 04, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Gala Precision Engineering IPO is ₹230. The base price of the IPO is ₹160.00, with an estimated listing price of ₹759 (43.48%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 43.48%.