Gala Precision Engineering's IPO is off to a flying start! With a whopping 45% jump in GMP, is it time to dive in? 🚀💼
In a whirlwind debut, the Gala Precision Engineering IPO has become the talk of the town! Brokerage firms like Deven Choksi Research, Anand Rathi, and Swastika Investmart are all singing praises, projecting a bright future for the company. With the grey market premium (GMP) skyrocketing by 45% to a staggering ₹240, investors are buzzing with excitement. Established in 2009, Gala Precision has set its sights on capturing the market by manufacturing precision components, including disc and strip springs (DSS). As anticipation builds, does this IPO mark the beginning of a lucrative journey for investors?
But the story doesn’t end there! Within just one hour of opening for subscription, the Gala Precision IPO was fully booked, showcasing a remarkable demand that had investors scrambling to secure their shares. The price range for this hot IPO is set between ₹503-529 per share, with anchor investors charging head first into the pool with ₹50.29 crores already pledged. With a subscription level of 0.9x indicating strong willingness from the public, this IPO is shaping up to be a competitive affair.
As the bidding window for the Gala Precision Engineering IPO runs from September 2 to September 4, questions abound—should you subscribe or skip? Financial experts recommend keeping a close eye on market movements, as the company has made significant strides in the manufacturing sector. With momentum on its side and a high level of interest, investors are weighing the pros and cons of this promising IPO.
Last but not least, it’s important to note that the IPO game is a thrilling roller coaster, often marked by suspense and excitement. If you’re sitting on the edge of your seat pondering whether to dive into this opportunity, remember that sometimes fortune favors the bold. So, grab your popcorn, because in the world of IPOs, it’s all about timing and strategy! 🎢💰
Several brokerages, including Deven Choksi Research, Anand Rathi, Swastika Investmart, and Choice, have shared their outlook on the Gala Precision ...
Meanwhile, the current grey market premium (GMP) for Gala Precision Engineering is Rs 240, reflecting a 45% premium in the unlisted market. Some promoter and ...
Gala Precision Engineering IPO opens September 2-4 with a price range of ₹503-529 per share. Anchor investors contributed ₹50.29 crores.
So far, the IPO recorded a subscription of 0.9 times, with investors bidding for 21 lakh equity shares against the total offer size of 22.2 lakh equity shares.
The IPO of Gala Precision Engineering can be subscribed between August 2 and August 4 as it will offer shares in the range of Rs 503-529 apiece with a lot ...
Gala Precision Engineering Limited, established in February 2009, focuses on manufacturing precision components like disc and strip springs (DSS), ...
Gala Precision Engineering opens today: Ahead of the issue opening, the company has raised ₹50 crore from anchor investors including Negen Undiscovered ...
దిల్లీ: గాలా ప్రెసిషన్ ఇంజినీరింగ్ ఐపీఓకు (Gala Precision Engineering IPO) అనూహ్య స్పందన లభించింది. నేడు ప్రారంభమైన నిమిషాల్లోనే షేర్లన్నీ ...
Gala Precision Engineering IPO Subscription status day 1: गाला प्रिसिजन इंजीनियरिंग के आईपीओ की ग्रे मार्केट में मजबूत मांग है।
गाला प्रिसिजन इंजीनियरिंग (Gala Precision Engineering) का आईपीओ 2 सितंबर को खुल गया है। इस आईपीओ में निवेशक 4 सितंबरत तक बोली लगा ...
Gala Precision Engineering IPO: गाला प्रिसिजन डिस्क और स्ट्रिप स्प्रिंग्स जैसे तकनीकी स्प्रिंग्स के सटीक कंपोनेंट्स मैन्यूफैक्चर करती है।
The offer received bids for 2.40 crore shares as against 22.23 lakh shares on offer.
Gala Precision Engineering IPO: गाला प्रिसिजन इंजीनियरिंग आईपीओ का ग्रे मार्केट प्रीमियम (GMP) 240 रुपये है।
Gala Precision Engineering's IPO will open today, featuring a fresh equity sale of Rs 135 crore and an offer for sale of 6.16 lakh shares.
Gala Precision Engineering Limited's initial public offerings (IPO) through book-built issue opened for subscription on September 2. The public offer was ...
The IPO is a combination of a fresh issue of 25.58 lakh equity shares worth Rs 135.34 crore and an offer for sale (OFS) of 6.16 lakh equity shares valued at Rs ...
Gala Precision Engineering IPO GMP: According to market observers, shares of the company are available at a premium of ₹270 in the grey market today.
Gala Precision IPO Day 2: Unlisted shares of Gala Precision Engineering Ltd are trading Rs 268 higher in the grey market, signalling a 50.66 per cent ...
individual investors are also partially offloading their stake in the company. Stocks Recommendations. Buy | Call Date: Aug 29, 2024. DCB Bank. Potential ...
Gala Precision's Rs 167.9 crore public offer is finding strong investor interest with HNIs showing most interest, subscribing 43 times their allocated quota ...
Gala Precision Engineering is selling its shares in the price band of Rs 503-529 apiece. Investors can apply for a minimum of 28 shares and its multiples ...
The offer received bids for 11.60 crore shares as against 22.23 lakh shares on offer.
The quota for non-institutional investors was subscribed 132.89 times, while the category for retail individual investors (RIIs) fetched 44.16 times ...
The mainboard IPO of the Maharashtra-based company opened for subscription on Monday, September 2, and will close on Wednesday, September 4. Gala Precision ...
Gala Precision Engineering IPO subscription, which began on September 2, shows strong interest, particularly from non-institutional and retail investors.