Gala Precision Engineering IPO has a fresh issue of up to 25.58 lakh shares and the OFS of up to 6.16 lakh equity shares. Up to 50% will be allocated to qualified institutional buyers (QIBs), 15% to non-institutional bidders and 35% to retail individual bidders.
Gala Precision Engineering IPO | The IPO comprises a fresh issue of 25,58,416 equity shares by the company, and an offer-for-sale of 6,16,000 equity shares by the existing shareholders.