Gala Precision Engineering IPO share allotment finalised: How to check status online on NSE, BSE & Link Intime India

The initial public offer of precision components manufacturer attracted 201.44 times the subscription during the three-day subscription period from September 2 to September 4. It received bids for 44.79 crore equity shares against 22.23 lakh shares on offer.

How to check Gala Precision Engineering Ltd IPO share allotment status on BSE

• Visit the official website of BSE - https://www.bseindia.com.
• Go to Investor Relations section and click on public issues
• Click on Application Status
• Select 'Gala Precision Engineering Ltd' from the list
• Fill in your PAN details or application number
• Submit to check details

Steps to check Gala Precision Engineering Ltd IPO share allotment status on Link Intime India

• Visit official portal of Link Intime India Pvt Ltd - https://www.linkintime.co.in.
• Click on Investor Services and go to Public Issues
• Select 'Gala Precision Engineering Ltd'
• Enter your application number, PAN, Account number/IFSC or DP/Client ID
• Submit to check the allotment status

The ₹167.93 crore IPO was a combination of a fresh issue of 25.58 lakh shares worth ₹135.34 crore and an offer-for-sale (OFS) of 6.16 lakh shares valued at ₹32.58 crore by promoter group entities and individual shareholders.

The money raised will be used to set up a new facility, pay debt, purchase equipment, plant and machinery, and perform general corporate purposes.

Gala Precision Engineering Ltd is a precision component manufacturer of technical springs, such as coil and spiral springs (CSS), disc and strip springs (DSS), and Special Fastening Solutions (SFS).