Gala Precision Engineering IPO Subscription Status
Gala Precision Engineering IPO received bids for 44,79,07,908 shares against 22,23,830 offered, an overall subscription of 201.41x at the close of bidding (4 Sep 2024). NII leads at 414.62x.
Last updated · day 3 figures
- Retail
- 91.95x
- NII
- 414.62x
- QIB
- 232.54x
- Total
- 201.41x
Where the demand is
Gala Precision Engineering IPO subscription by category
| Category | Shares offered | Shares bid | Amount bid | Subscription |
|---|---|---|---|---|
| QIB | 6,33,724 | 14,73,66,856 | ₹7,795.71 Cr | 232.54x |
| NII | 4,75,293 | 19,70,66,240 | ₹10,424.80 Cr | 414.62x |
| bNII above ₹10 lakh | 3,16,862 | 13,93,13,916 | ₹7,369.71 Cr | 439.67x |
| sNII ₹2–10 lakh | 1,58,431 | 5,77,52,324 | ₹3,055.10 Cr | 364.53x |
| Retail | 11,09,017 | 10,19,73,984 | ₹5,394.42 Cr | 91.95x |
| Employees | 5,796 | 15,00,828 | ₹79.39 Cr | 258.94x |
| Total | 22,23,830 | 44,79,07,908 | ₹23,694.33 Cr | 201.41x |
* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Gala Precision Engineering IPO subscription day-wise
| Category | Day 3 |
|---|---|
| QIB | 232.54x |
| NII | 414.62x |
| bNII | 439.67x |
| sNII | 364.53x |
| Retail | 91.95x |
| Employees | 258.94x |
| Total | 201.41x |
| Total added | 201.41x |
Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.
Gala Precision Engineering IPO reservation
| Category | Shares | Share of issue |
|---|---|---|
| Qualified Institutional Buyers | 6,33,724 | 28.50% |
| Non-Institutional Investors | 4,75,293 | 21.37% |
| bNII · above ₹10 lakh | 3,16,862 | 67% of NII |
| sNII · ₹2–10 lakh | 1,58,431 | 33% of NII |
| Retail Individual Investors | 11,09,017 | 49.87% |
| Employee reservation | 5,796 | 0.26% |
| Public issue | 22,23,830 | 100% |
Allotment Chances Note
These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:
- Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
- Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
- Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.
Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.
Gala Precision Engineering IPO subscription: FAQs
- What is the overall subscription of Gala Precision Engineering IPO?
- Gala Precision Engineering IPO is subscribed 201.41x overall as of day 3 (4 September 2024), with bids for 44,79,07,908 shares against 22,23,830 offered.
- What is the retail subscription of Gala Precision Engineering IPO?
- The retail portion is subscribed 91.95x as of day 3 (4 September 2024).
- What is the QIB and NII subscription of Gala Precision Engineering IPO?
- QIBs have subscribed 232.54x of their portion, and NIIs 414.62x (bNII 439.67x, sNII 364.53x) as of day 3 (4 September 2024).
- How can I check Gala Precision Engineering IPO subscription status live?
- This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
- How do I apply for Gala Precision Engineering IPO?
- Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 4 September 2024.
Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.