Gala Precision Engineering, a precision component manufacturer, announces its IPO on 2nd September, priced between Rs 503-529 per share.
Gala Precision Engineering, a precision component manufacturer, announces its IPO on 2nd September, priced between Rs 503-529 per share. The company aims to utilize IPO funds for a new Tamil Nadu facility, capital expenditure, and debt repayment. The IPO consists of a fresh share sale of Rs 135.34 crore and an offer-for-sale of up to 6,16,000 equity shares by promoters and existing shareholders. Subscription opens on 2nd, closes on 4th, and the shares are expected to list on 9th September.
August 27, 2024
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