Gala Precision Engineering IPO today know step by step process to check status and latest gmp

Gala Precision Engineering IPO: The IPO of Gala Precision Engineering Limited was open for investors between 2 September and 4 September 2024. Retail investors had bet heavily on this IPO and this IPO was subscribed up to 200 times. Investors who had applied for this IPO can now check their allotment status. The IPO was subscribed up to a total of 201.41 times till September 4. The company had fixed the price band between Rs 503 to Rs 529 per share.

Retail investors subscribed their category a total of 91.95 times, qualified institutional buyers subscribed their share 232.54 (QIB) times and non-institutional buyers (NII) subscribed their share 414.62 times. If you have also invested money in this IPO and want to check your allotment status, then you can check it on the official website of BSE. Learn how here

How to check status on BSE website

1. First of all visit the website of BSE.
2. Next click on 'Equity' option.
3. In this, select the IPO of Gala Precision Engineering Limited from the list of all IPOs.
4. Next enter your application number and PAN card ID number.
5. Confirm that you are not a robot and submit it.

What is the price of Gala Precision Engineering GMP?

Gala Precision Engineering Limited is making a splash in the grey market. Its GMP is at a premium of Rs 260 i.e. 49.15 per cent. In such a situation, if this situation persists till the day of listing, then the IPO can be listed at Rs 789 per share. It is worth noting that Gala Precision Engineering Limited had set a target of raising Rs 167.93 crore from the market through public issue. In the IPO, the company has issued fresh shares worth Rs 135.34 crore and shares worth Rs 32.59 crore under Offer for Sale. The company's shares will be listed on BSE and NSE on September 9.

Read this also

Adani in Kenya: Gautam Adani will also run airports in Kenya outside India, the group formed a new company amid protests