Gala Precision Engineering IPO Subscription
The Gala Precision Engineering IPO has received bids for 44,79,07,908 shares against 22,23,830 shares offered, resulting in an overall subscription of 201.41x. the NII category is subscribed 414.62x, Retail Investors 91.95x, Employees 258.94x, and QIBs 232.54x. Within the NII category, BNII is subscribed 439.67x, while SNII is subscribed 364.53x.
- Retail
- 91.95x
- NII
- 414.62x
- QIB
- 232.54x
- Total
- 201.41x
Total Subscribed
201.41x
IPO Allotment Chances
Individual/Retail (91.95x)
1 out of 0 Investors
NII (414.62x)
1 out of 0 Investors
sNII (364.53x)
1 out of 0 Investors
The allotment percentage displayed above is an estimate based on the retail,NII and sNII subscription multiple. However, the actual chances of allotment are higher due to several factors:
- Not every IPO investor applies at cut-off price: Some investors place bids at lower prices than the cut-off, reducing competition for allotment.
- Multiple lot applications: Many investors apply for multiple lots using a single application. Even if they get multiple lots, it still counts as 1 allotment in the draw, significantly improving individual chances.
- Applicant behavior: The combination of below-cut-off bids and multiple-lot applications means the effective allotment chances are substantially higher than the base subscription multiple suggests.
This calculation accounts for these behavioral patterns to provide a more realistic estimate of your allotment chances.
Gala Precision Engineering IPO Subscription Details ( Wed, 04 Sep 24 06:59 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 633,724 | 147,366,856 | 232.54x |
| Non-Institutional | 475,293 | 197,066,240 | 414.62x |
| BNII (>₹10L) | 316,862 | 139,313,916 | 439.67x |
| SNII (₹2L–₹10L) | 158,431 | 57,752,324 | 364.53x |
| Retail Investors | 1,109,017 | 101,973,984 | 91.95x |
| Employees | 5,796 | 1,500,828 | 258.94x |
| Total | 2,223,830 | 447,907,908 | 201.41x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Application Wise Breakup (Approximate)
| Category | Reserved | Applied | Times (x) |
|---|---|---|---|
| Non-Institutional | - | 0 | - |
| BNII (>₹10L) | - | 0 | - |
| SNII (₹2L–₹10L) | - | 0 | - |
| Retail Investors | - | 0 | - |
| Employees | - | 0 | - |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Shares bids Against Offered
More About Gala Precision Engineering IPO
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Where Can I Check the Gala Precision Engineering IPO Live Subscription Status?
You can check the Gala Precision Engineering IPO live subscription status on the IPO Master App or the official websites of the BSE,NSE. The live subscription data is updated regularly during the IPO bidding period and displays category-wise subscription figures for Retail Individual Investors (RII), Non-Institutional Investors (NII), Qualified Institutional Buyers (QIB), Employees (if applicable), and the overall IPO subscription.
What is Gala Precision Engineering IPO retail subscription status?
The Retail Individual Investor (RII) portion of the Gala Precision Engineering IPO was subscribed 91.95 times as of Wed, Sep 04, 2024 06:59 PM. The public issue closed on Wed, Sep 4, 2024 for bidding.
How to subscribe Gala Precision Engineering IPO?
Investors can apply for the Gala Precision Engineering IPO online through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or via UPI using a SEBI-registered stockbroker or trading app. Select the desired lot size, enter your bid within the price band, and submit your application during the IPO subscription period. The application amount remains blocked in your bank account until the IPO allotment process is completed.
How many times Gala Precision Engineering IPO subscribed?
The Gala Precision Engineering IPO was subscribed 201.41x times at the close of bidding period on Wed, Sep 4, 2024.
How to check Gala Precision Engineering IPO allotment?
The Gala Precision Engineering IPO allotment was finalized on Thu, Sep 5, 2024. You can check the Gala Precision Engineering IPO allotment status on the registrar's website or the BSE/NSE websites using your PAN, application number, or DP/Client ID. You can also check the allotment status quickly through the IPO Master App.
When Will the Gala Precision Engineering IPO Be Listed?
The Gala Precision Engineering IPO was listed on Mon, Sep 9, 2024, on the BSE,NSE.
What is the Gala Precision Engineering IPO Qualified Institutional Buyers (QIB) subscription status?
The Qualified Institutional Buyers (QIB) category of Gala Precision Engineering IPO was subscribed 232.54 times as of Wed, Sep 04, 2024 06:59 PM.