Gala Precision Engineering IPO subscribed over 20 times on day 2. Check GMP, other details

September 3, 2024

The initial public offering of Gala Precision Engineering saw strong demand, with subscriptions over 20 times on the second day. The issue, priced between Rs 503-529 per share, will fund various projects, including setting up new facilities and debt repayment. Analysts recommend subscribing due to the company’s market position and attractive valuation.

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