The IPO price band for Gala Precision Engineering is set between ₹503 and ₹529 per share. Investors must apply for a minimum lot size of 28 shares. Retail investors need to invest a minimum of ₹14,812. For small non-institutional investors (sNII), the minimum investment is 14 lots (392 shares), totaling ₹207,368. For big non-institutional investors (bNII), the minimum requirement is 68 lots (1,904 shares), amounting to ₹1,007,216.
The Gala Precision Engineering IPO will open for subscription on September 2, 2024, and close on September 4, 2024. The allotment of shares is expected to be finalized on Thursday, September 5, 2024. Gala Precision Engineering is set to be listed on both the BSE and NSE, with a tentative listing date of Monday, September 9, 2024.