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Gala Precision Engineering’s IPO sees robust demand, reaching a 52.17x subscription rate on Day 2! 

Gala Precision Engineering IPO saw a total subscription of 52.17 times on Day 2, with Qualified Institutional Buyers at 5.06 times, Non-Institutional Investors at 132.89 times, and Employees at 117.86 times.

Gala Precision Engineering Limited IPO saw strong demand on day 2, with the total subscription reaching 52.17 times. Qualified Institutional Buyers subscribed 5.06 times, Non-Institutional Investors 132.89 times, Retail Investors 44.16 times, and Employees 117.86 times, reflecting significant investor interest across all categories.

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Gala Precision Engineering IPO Subscription Status

Gala Precision Engineering’ IPO made a strong impression on Day 1, with a 10.83 times subscription, reflecting solid investor confidence and a positive market reception.

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 – ₹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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