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Issue Profiles
Gala Precision Engineering Ltd.
02-Sep-24  
04-Sep-24  
100  
 
503 - 529  
28  
2223830  
1  
Objective
1. Setting up a new facility at Vallam-Vadagal, SIPCOT, Sriperumbuddur, Tamil Nadu for manufacturing high tensile fasteners and hex bolts.2. Funding capital expenditure requirements towards purchase of equipment, plant and machinery at Wada, Palghar, Maharashtra.3. Repayment/ prepayment, in full or part, of certain borrowings availed by our Company.4. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For    
Non-Institutional Investors   475293   197065120   414.618182889291  
Qualified Institutional Buyers   633724   147366856   232.541068351522  
Retail Individual Investors   1109017   101972836   91.9488483945692  
Business Description
We are a leading precision component manufacturer of technical springs like disc & strip springs (“DSS”) including wedge lock washers; coil & spiral ...
Promoter's Holding
7538864  
3174416  
74.56  
55.44  
 
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