31 Mar 2022
Assets145.62
Total Income147.96
Profit After Tax6.63
NET Worth59.32
Reserves and Surplus56.79
Total Borrowing56.89
At a glance
Updated 2026-08-24Gala Precision Engineering operates in the Industrial ProductsIncorporated2009 segment. The shares listed at ₹721.10, a 36.31% move from the issue price. Gala Precision Engineering is a Mainboard IPO with an issue size of ₹167.93 crore, proposed for listing on BSE, NSE. The offer opens on 2nd Sep 2024 and closes on 4th Sep 2024. The issue structure includes a fresh issue of ₹135.34 crore and an offer-for-sale component of ₹32.59 crore. The current listing schedule points to 9th Sep 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹167.93 Cr
Fresh issue₹135.34 Cr
Offer for sale₹32.59 Cr
Face value₹10
Price band₹503.00–₹529.00
Allotment5th Sep 2024
Listing9th Sep 2024
Listing performance
Full performance ↗Issue price₹529.00
Listing price₹721.10
Current price—
Listing gain36.31%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹245.00
GMP / upper price46.31%
Est. listing₹774.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens2nd Sep 2024
Closes4th Sep 2024
Allotment5th Sep 2024
Refund6th Sep 2024
Demat6th Sep 2024
Listing9th Sep 2024
Subscription demand
Full bidding ↗Total201.41×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 28 | ₹14,812 |
Company
SectorIndustrial ProductsIncorporated2009
Use of proceeds
| Object | Amount |
|---|---|
| Setting up a new facility at Vallam-Vadagal, SIPCOT͕Sriperumbuddur, Tamil Nadu for manufacturing high tensile fasteners and hex bolts; | ₹37.00 Cr |
| Funding capital expenditure requirements towards purchase of equipment, plant and machinery at Wada, Palghar, Maharashtra; | ₹11.07 Cr |
| Repayment/ prepayment, in full or part, of certain borrowings availed by the Company; and | ₹45.43 Cr |
| General corporate purposes | ₹27.91 Cr |
Financials
Full financials ↗31 Mar 2023
Assets170.39
Total Income167.08
Profit After Tax24.21
NET Worth83.66
Reserves and Surplus81.13
Total Borrowing58.60
31 Mar 2024
Assets188.69
Total Income204.38
Profit After Tax22.33
NET Worth104.45
Reserves and Surplus94.67
Total Borrowing55.03
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 23.59% |
| ROCE | 19.91% |
| Debt / Equity | 0.53% |
| RoNW | 21.38% |
| PAT Margin | 11.89% |
| Price to Book Value | 5.12 |
Valuation & shareholding
Pre-IPO EPS22.09
Post-IPO EPS17.63
Pre-IPO P/E23.95
Post-IPO P/E30.01
Promoter holding pre74.56%
Promoter holding post55.4%
Market cap₹670.24 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| a. Book Running Lead Manager's fees | ₹8.09 Cr |
| b. Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage, underwriting commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs (3)(4)(5) | ₹1.74 Cr |
| c. Fees payable to the Registrar to the Offer | — |
| d. Fees payable to the other advisors to the Offer | ₹0.15 Cr |
| e. Statutory Auditors, for issuing the Restated Consolidated Financial Information, for providing the statement of special direct and indirect tax benefits available to our Company and to our Shareholders, and to verify the details and provided certifications with respect to certain information included in the DRHP | ₹0.21 Cr |
| f. Independent chartered engineer, in respect of the (i) installed capacity, production and capacity utilization of the manufacturing operations of our Company; | ₹0.01 Cr |
| g. Industry Report provider for preparing the industry report, commissioned and paid for by our Company | ₹0.28 Cr |
| h. Others | ₹6.79 Cr |
| - Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and and other regulatory expenses | ₹2.90 Cr |
| - Printing and distribution of issue stationery | ₹0.54 Cr |
| - Advertising and marketing expenses | ₹1.76 Cr |
| - Fee payable to legal counsels | ₹1.25 Cr |
| - Insurance in connection with the Offer | ₹0.07 Cr |
| - Miscellaneous | ₹0.27 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- PL Capital Markets Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.