In this post, gala precision ipo financial, EBITA, profit, ROE, ROCE, profit, borrowing and peer comparison and its business model is given.
Gala precision IPO
About Company
- Gala Precision Engineering specializes in design and manufacturing of precision components like High Tensile Fasteners, Disc & Strip Springs, Coil & Spiral Springs, and Wedge Lock Washers. Our primary clientele consists of major OEMs, Tier-1 & Channel Partners, spanning diverse industries including Renewable Energy, Industrial and Mobility.
- These products are manufactured as per global standards like German DIN standards and can be customized to meet customer specific requirements.
- Gala serves 175+ global customers across 25+ countries like Germany, Denmark, China, Italy, Brazil, USA, Sweden, and Switzerland etc. contributing ~40% to total sales. Our office in Frankfurt Germany caters to existing and potential clientele in Europe.
Gala is expanding to a new facility in Vallam-Vadagal, SPICOT, Sriprumbudur, Tamil Nadu dedicated to the production of special fastening solutions.
- Gala precision engineering has 3 decades of experience with competencies like in-house tool design and development, understanding of material science, heat treatment and surface engineering including finishing. We work on lean manufacturing practices and continuously invest in semi-automation and automation processes to eliminate errors and increase in productivity.
Gala precision IPO Manufacturing unit
- DSS facility at Wada, Palghar, Maharashtra
- CSS and SFS facility at Wada, Palghar, Maharashtra
- SFS facility at Wada, Palghar, Maharashtra
Gala precision engineering Business
We are engaged in the manufacturing of precision component for technical springs and high tensile fasteners supplying to OEMs, in sectors like renewable energy (Wind turbine & hydro power plants), in Industrial sector (electrical, off highway equipment, infrastructure and general engineering), in Mobility (automotive & railways) in India and globally.
- Anchor bolt
- Stud
- Nut
- Coil and spiral spring in automobile industry
- Retractor spring
- Disc spring in railways
- Wedge lock washers
- Strip springs
- Disc springs
Most of the revenue come from spring technology (85%), fastening solutions (13%) and surface engineering solutions(2%).
India business: 58.8%
Outside India business: 41.20%
Client of Gala precision engineering
The major clients include
- Hitachi Astemo
- Legrand
- Schaeffler
- Senvion
- Vestas
- Webtec
- Wurth
- EXEDY
- Regal Rexnord
- Brembo
- BUFAB
- Endurance
- Energcon
- MSE
- GE Vernova
- Schneider Electric
- L & T
- LPS Bossard
Gala Precision IPO Issue size
Fresh issue: up to 2558412 shares
Offer for sale: up to 616000 shares
Gala precision IPO Financials
The financial details of gala precision ipo financial is given here.
Gala Precision IPO Promoters
Gala Precision IPO Peer comparison
The peer comparison between among gala precision, SKF India, Sundaram Fasteners, Rolex rings, Sterling tools & Harsha Engineers for the year 2021, 2022 and 2023 is given here.
Gala precision engineering contact
The contact details of Gala precision engineering is given here.