Gala Precision Engineering IPO allotment – How to check allotment, IPO GMP, listing date and more

• Gala Precision Engineering is expected to announce its IPO share allotment status on Thursday, September 5.
• The shares of Gala Precision Engineering were subscribed 201.41 times.
• The Gala Precision Engineering shares are expected to be listed on the stock exchanges on September 9.

Maharashtra-based Gala Precision Engineering, a manufacturer of precision components such as disc and strip springs, special fastening solutions and more is expected to announce the allotment status of its initial public offering (IPO) on Thursday, September 5.

The Gala Precision Engineering IPO opened on September 2 and closed on September 4. The price band for the Gala Precision Engineering IPO was ₹503 to ₹529 per share.

Gala Precision Engineering IPO subscription status

On its last day, the Gala Precision Engineering IPO was subscribed 201.41 times, receiving bids for 44.79 crore equity shares against 22.24 lakh shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 232.54 times, the non-institutional investor's portion was subscribed 414.62 times. The retail portion was subscribed 91.95 times. The employee portion was subscribed 258.96 times.

Gala Precision Engineering IPO Grey market premium

The shares of Gala Precision Engineering are currently commanding a grey market premium (GMP) of ₹230 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check the Gala Precision Engineering IPO’s allotment status

You can check the Gala Precision Engineering IPO allotment status on the registrar’s website.

• To check the Gala Precision Engineering IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘Gala Precision Engineering’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on submit.
  

You will be able to see your Gala Precision Engineering IPO application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Gala Precision Engineering IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Gala Precision Engineering’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of Gala Precision Engineering shares allotted to you.

You can click here and log in to check your Gala Precision Engineering IPO allotment status on NSE.

Gala Precision Engineering IPO listing date

The shares of Gala Precision Engineering will be listed on the stock exchanges on September 9.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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