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Gala Precision Engineering IPO Off to a Strong Start with 10.83x Subscription on Day 1! 

Gala Precision Engineering IPO saw a total subscription of 10.83 times on Day 1, with Qualified Institutional Buyers at 0.86 times, Non-Institutional Investors at 20.71 times, and Employees at 38.31 times.
Gala Precision Engineering IPO Off to a Strong Start with 10.83x Subscription on Day 1! 

Gala Precision Engineering Limited IPO saw varied interest on Day 1, with Qualified Institutional Buyers subscribing at 0.86 times, Non-Institutional Investors at 20.71 times, Retail Individual Investors at 12.14 times, and Employees at 38.31 times. Overall, the total subscription was 10.83 times.

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How to check Gala Precision Engineering IPO Subscription Status?

Steps to check Gala Precision Engineering Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Gala Precision Engineering Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Gala Precision Engineering Limited IPO Allotment Status

The allotment date for the Gala Precision Engineering Limited IPO is set for September 5, with shares priced from ₹503 to ₹529 per share and a face value of ₹10. The offering consists of lots of 28 shares, with bids accepted for these lots or their multiples.

Gala Precision Engineering Limited IPO Listing Date 

Gala Precision Engineering Limited IPO is expected to be listed on the NSE SME on September 9, 2024.

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