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Gala Precision Engineering Limited IPO GMP Today, Price Range, and Company Details

Gala Precision Engineering IPO offers shares at ₹503 - ₹529 per share and has a GMP of ₹255. Available in 28 share lots, the subscription window is open from September 2 to September 4, 2024.
Gala Precision Engineering Limited IPO GMP Today, Price Range, and Company Details

Gala Precision Engineering Limited IPO has a ₹255 as Grey Market Premium as of Aug 31, 2024, with a price range from ₹503 to ₹529 per share. Offering lots of 28 shares, the subscription window is open from September 2 to September 4, 2024.

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Gala Precision Engineering Limited IPO GMP Today

The Grey Market Premium (GMP) for Gala Precision Engineering Limited IPO is ₹255 as of August 31, 2024. This assessment coincides with a price from ₹503 to ₹529 per share for the IPO.

Gala Precision Engineering Limited IPO Review

Gala Precision Engineering Ltd has shown notable financial growth, with net worth increasing from ₹83.66 crores in March 2023 to ₹104.45 crores by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 21.38% highlights enhanced shareholder value generation.

To get a full IPO review, click here Gala Precision Engineering Limited IPO

Gala Precision Engineering Limited IPO Date

Gala Precision Engineering Limited IPO will start accepting subscriptions from September 2 to September 4, 2024.

Gala Precision Engineering Limited IPO Price

Gala Precision Engineering Limited IPO’s price range is from ₹503 to ₹529 per share with a face value of ₹10 each.

Gala Precision Engineering Limited

Gala Precision Engineering Limited, with over 30 years of expertise, manufactures technical springs and special fastening solutions for sectors like renewables, automotive, and industrial engineering. Dominating 70% of India’s renewables market, they hold 10% in domestic disc springs and 2% globally. Their advanced capabilities drive high-margin production and strong customer relationships across diverse industries.

How To Apply For Gala Precision Engineering Limited IPO?

To apply for the Gala Precision Engineering Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Gala Precision Engineering Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Gala Precision Engineering Limited IPO at Alice Blue in just a few clicks!

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