Gala Precision Engineering Ltd IPO |
Registered Office:
A-801 8th Flr Thane 1 Dil Cmpx,Ghodbunder Road Majiwade
,
Thane (West)
-
400610
,
Maharashtra
, India.
Phone :
+91 22 6930 9224 Fax:
Email : investor.relations@galagroup.com
Website : www.galagroup.com
|
| Initial public offer of 3,174,416 equity shares for cash at a price of
(Rs)529 per equity share (including a premium of (Rs)519 per equity share) aggregating to (Rs)167.93 crores comprising of a fresh issue of 2,558,416 equity shares aggregating to (Rs)135.34 crores and offer for sale of 616,000 equity shares (The "Offered Shares"). aggregatting up to (Rs)32.59 crores such offer for sale by the selling shareholders the "Offer for Sale and together with the fresh issue The Offerr. The offer will constitute 25.05 of its post offer paid up equity share capital of the company). The offer includes a reservation of upto 5,796 equity shares aggregatting up to
(Rs)0.31 crores constitute up to 0.05% of the post offer paid-up equity share capital., for subscriotion by eligible employee (The "Employee Reservation Portion"). The offer less the employee portion is herein after referred to as the "Net Offer'. The offer shall constitute 25.05 and 25.01% respectively of the post-offer paid-up equity share capital of the company.
The face value of the equity share is (Rs)10 each and the offer price is 52.90 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 02-Sep-24 |
04-Sep-24 |
(Rs)529.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :28 Further Multiples of :28 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
121.41 |
| PL Capital Markets Pvt Ltd |
|
| Project Financed through Current Offer |
167.93 |
|
| Post Issue Equity Share Capital |
12.67 |
|
| Issue Price |
(Rs)529.00 |
|
|