IPO Price History
Closed
Gala Precision Engineering Limited logo

Gala Precision Engineering Limited IPO

Mainboard IPOListedGALAPRECNSE
Current Market Price (CMP)
₹1,024.50(+93.67%)
Current Price (CMP)
₹1,024.50(+93.67%)

Live Market Quote

Listing Price & Gain
₹721.10(+36.31%)

Day 1 Exchange Open

IPO Issue Price
₹529

Band: ₹503 - ₹529

Total Subscription
201.41x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
02 Sept 2024
IPO Bidding Closes
04 Sept 2024
Allotment & Refunds
Completed
Exchange Listing Day
09 Sept 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 201.41x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)232.54x
Non-Institutional Investors (NII / HNI)414.62x
Retail Individual Investors (RII)91.95x
Employees Reservation259x
Total Subscription201.41x
Updated as on 04-Sep-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+36.31%
₹529 (Issue) → ₹721.10 (List)
Per share profit: +₹192.10
Holding Return (Till Date)+93.67%
₹529 (Issue) → ₹1,024.50 (CMP)
Net gain per share: +₹495.50
Post-Listing Performance (Listing Day → Today):+42.07%

About Gala Precision Engineering Limited IPO

Gala Precision Engineering Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 02 Sept 2024 and concluded on 04 Sept 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹503 - ₹529.

During the bidding window, Gala Precision Engineering Limited witnessed heavy demand with an overall subscription of 201.41 times. Institutional investors (QIB) subscribed 232.54x, non-institutional high-net-worth investors (NII) subscribed 414.62x, and retail individual investors (RII) bid 91.95x their reserved quota, alongside employee participation of 259x.

The equity shares of Gala Precision Engineering Limited officially debuted on the stock exchanges on 09 Sept 2024 at an opening listing price of ₹721.10, delivering a listing day return of +36.31% (premium) over the final issue price. As per the latest market data, the stock trades at ₹1,024.50, representing an overall gain of +93.67% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Gala Precision Engineering Limited IPO?
The issue price of Gala Precision Engineering Limited IPO was fixed at ₹529 per equity share. The indicative bidding price band was ₹503 - ₹529.
What were the open, close, and listing dates for Gala Precision Engineering Limited IPO?
Gala Precision Engineering Limited IPO opened on 02 Sept 2024, closed on 04 Sept 2024, listed on 09 Sept 2024.
How much was Gala Precision Engineering Limited IPO subscribed?
The IPO received an overall subscription of 201.41 times. Category-wise, QIBs subscribed 232.54x, NIIs subscribed 414.62x, and Retail investors subscribed 91.95x.
What was the listing price and listing gain of Gala Precision Engineering Limited IPO?
Gala Precision Engineering Limited IPO listed on the stock exchange at ₹721.10, delivering a listing gain of 36.31% compared to the IPO issue price of ₹529.
Is Gala Precision Engineering Limited IPO a Mainboard or SME IPO?
Gala Precision Engineering Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Gala Precision Engineering Limited IPO since its IPO?
At the latest market quote of ₹1,024.50, Gala Precision Engineering Limited IPO has generated an all-time return of +93.67% since its initial public offering.

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