Gala Precision Engineering IPO Review & Recommendations

Bookbuilding IPO | ₹168 Cr | Listed at BSE, NSE | Mon, Sep 2, 2024 - Wed, Sep 4, 2024

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Gala Precision Engineering IPO Peer Comparison

Gala Precision Engineering Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Gala Precision Engineering Limited24.3724.02103.323.27Consolidated
Harsha Engineers International Ltd12.2412.24129.0944.339.484.2Consolidated
Skf India Ltd111.6111.6542.6348.520.579.99Consolidated
Sundram Fasteners Ltd.24.8324.83162.8154.4915.378.35Consolidated
Rolex Rings Limited57.357.3329.8140.8317.377.11Standalone
Sterling Tools Ltd.15.3715.35124.1124.712.383.06Consolidated
Ratnaveer Precision Engineering Ltd7.617.6151.7824.6912.323.67Standalone

Notes:

  1. The total number of Equity Shares outstanding for the Company is taken after the issue of bonus Equity Shares on September 27, 2023.
  2. RONW for peers is computed as net profit as a percentage of Net Worth at the end of the Fiscal year 2024.
  3. RONW for the Company is computed as Net Profit with exceptional items or without exceptional items as applicable, as a percentage of Net Worth at the end of the Fiscal year 2024.
  4. Concerning the Company, the information above is based on the Restated Financial Statements for the year ended March 31, 2024.
  5. Financial information for listed industry peers mentioned above is for the twelve months ended March 31, 2024, and is based on the respective annual reports disclosed by these companies to the stock exchanges.
  6. Diluted EPS refers to the diluted earnings per share sourced from the audited financial statements of March 2024 of the respective company.
  7. NAV is computed as the net worth at the end of the year divided by the closing outstanding number of equity shares.
  8. The P/E Ratio has been computed based on the closing market price of the equity shares (Source: NSE) on August 09, 2024, divided by the Diluted EPS. ix. Rolex Rings Limited and Ratnaveer Precision Engineering Limited does not have any subsidiary and hence financial information for this company is referred to as "Standalone"

IPO Review by Members

Gala Precision Engineering IPO Reviews, analysis and views by popular members.

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