Gala Precision Engineering IPO Subscription Details

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

Basis of Allotment - Gala Precision Engineering IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)6,33,7249,50,58615,84,3101,58,4313,16,8624,75,29311,09,0175,79631,74,416
Allotment price (Rs.)529529529529529529529529529
No.of applications13691451,48,56969,1202,17,68929,93,1276132,11,022
No.of shares applied14,58,83,3889,50,58614,68,33,9746,21,30,40414,02,66,22420,23,96,62811,35,38,4326,16046,27,75,194
Amount collected (Rs.cr.)7,717.23 50.29 7,767.52 3,286.70 7,420.08 10,706.78 6,006.18 0.33 24,480.81
No.of times subscribed230.201.0092.68392.16442.67425.84102.381.06145.78
No.of shares allotted6,33,7249,50,58615,84,3101,58,4313,16,8624,75,29311,09,0175,79631,74,416
Amount (Rs.cr.)33.52 50.29 83.81 8.38 16.76 25.14 58.67 0.31 167.93
No.of allottees13681444048081,21239,6075841,021

IPO Shares Offered

Gala Precision Engineering IPO is a public issue of 0.32 Cr equity shares. The issue offers 0.11 Cr shares to retail investors, 0.16 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 15,84,31083.81 49.91%
    Anchor 9,50,586 50.29 29.95%
    QIB (Ex Anchor) 6,33,724 33.52 19.96%
NII 4,75,29325.14 14.97%
    bNII (> ₹10L)3,16,86216.76 9.98%
    sNII (< ₹10L)1,58,4318.38 4.99%
Retail11,09,01758.67 34.94%
Employee5,7960.31 0.18%
Total31,74,416167.93 100%

Gala Precision Engineering IPO Anchor Investor Allocation

A total of 9,50,586 shares at a price of Rs 529 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 30, 2024
Anchor investor price₹529.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days4,75,293
No. of shares locked-in for 90 days4,75,293
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NAV CAPITAL VCC-NAV CAPITAL EMERGING STAR FUND NAV CAPITAL 94,528 5.00 9.94 2.98
2 NEGEN UNDISCOVERED VALUE FUND NEGEN 2,88,890 15.28 30.39 9.10
3 COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND COGNIZANT 94,528 5.00 9.94 2.98
4 INDIA EMERGING GIANTS FUND LTD. INDIA EMERGING 94,528 5.00 9.94 2.98
5 FINAVENUE GROWTH FUND FINAVENUE 94,528 5.00 9.94 2.98
6 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 94,528 5.00 9.94 2.98
7 GAGANDEEP CREDIT CAPITAL PVT.LTD. GAGANDEEP CREDIT CAPITAL 94,528 5.00 9.94 2.98
8 RESONANCE OPPORTUNITIES FUND RESONANCE OPPORTUNITIES 94,528 5.00 9.94 2.98
9,50,58650.2910029.95

IPO Subscription FAQs

The Gala Precision Engineering IPO is subscribed 201.41 times by Sep 04, 2024 18:19.

Gala Precision Engineering IPO Subscription

Investor Category Subscription (times)
Qualified Institutional232.54
Non Institutional414.62
Retail Individual91.95
Employee Reservations258.95
Total Subscription201.41

Retail category of Gala Precision Engineering IPO subscribed 91.95 times as of date Sep 04, 2024 18:19. The public issue closes on Wed, Sep 4, 2024 for bidding.

An investor can apply in Gala Precision Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Gala Precision Engineering IPO shares are offered online only.

The Gala Precision Engineering IPO is subscribed 201.41 times by Sep 04, 2024 18:19.

The Gala Precision Engineering IPO allotment status is expected on or around Thursday, September 5, 2024. Visit Gala Precision Engineering IPO allotment status to check.

The Gala Precision Engineering IPO listing date is September 9, 2024. The equity share of Gala Precision Engineering IPO will list on BSE, NSE.

Visit Gala Precision Engineering IPO subscription status page for real-time bidding information about Gala Precision Engineering IPO.

Gala Precision Engineering IPO Timetable

IPO opens OnMonday, September 2, 2024
IPO Closes OnWednesday, September 4, 2024
Finalisation of Basis of AllotmentThursday, September 5, 2024
Initiation of RefundsFriday, September 6, 2024
Credit of Shares to Demat AccountFriday, September 6, 2024
IPO Listing DateMonday, September 9, 2024
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