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Gala Precision Engineering IPO Ends Strong with 201.41x Subscription on Day 3! 

News by Aliceblue News Desk

04 Sept 2024

Gala Precision Engineering IPO Ends Strong with 201.41x Subscription on Day 3! 

Gala Precision Engineering Limited IPO saw diverse investor participation on Day 3. Qualified Institutional Buyers (QIBs) contributed 232.54, Non-Institutional Investors added 414.62, and Retail Institutional Investors (RIIs) put in 91.95. Employees subscribed for 259, with total subscriptions reaching 201.41.

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Gala Precision Engineering IPO Subscription Status

Gala Precision Engineering IPO made a strong impression on Day 2, with a 52.17 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 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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