Gala Precision Engineering lists with 42% premium on the BSE
Gala Precision Engineering has debuted at Rs 750.00 on the BSE, up by 221 points or 41.78% from its issue price of Rs 529.00.
The scrip is currently trading at Rs 769.00, up by 240 points or 45.37% from its issue price.
It has touched a high and low of Rs 787.00 and Rs 721.00 respectively. So far 2.82 lakh shares were traded on the counter.
The offering, which was open for subscription between September 02, 2024 and September 04, 2024 was subscribed 201.41 times. The issue price was fixed at Rs 529.00 per share i.e. at upper end of price band of Rs 503-529 apiece.
Gala Precision Engineering is a precision component manufacturer of technical springs like DSS including wedge lock washers; CSS and SFS supplying to OEMs, Tier 1 and channel partners.
