Gala Precision IPO allotment status out. GMP, how to check allotment status | Stock Market News (2025)

FAQs

What is the GMP of Gala Precision Engineering? ›

Gala Precision Engineering IPO grey market premium (GMP)

Ahead of its debut on the stock exchanges, the unlisted shares of Gala Precision Engineering are trading at a premium of approximately Rs 260 or 49.15 per cent over the upper end of the IPO price, according to several grey market tracking websites.

Steps to check your IPO allotment in Groww:

Log in to the Groww App OR Groww website (https://groww.in/ipo) Go to the IPO section. Click on the 'Status' tab under the applied IPO that displays the detailed status of your IPO application along with allotment status.

Some of the most reliable sources of information on upcoming IPOs are exchange websites. For example, the New York Stock Exchange (NYSE) and Nasdaq both maintain dedicated sections for IPOs. Nasdaq has a dedicated section called “IPO Calendar,” and the NYSE maintains an “IPO Center” section.

Make multiple submissions using different Demat Accounts

To enhance your chances of IPO allotment, consider applying through multiple accounts for the same IPO. Instead of placing a maximum bid in a single account, opt for distributing your applications across various accounts.

Gala Precision Engineering IPO review

"At a higher price band, GPEL is demanding a EV/Sales multiple of 2.9x, which is at a discount to the peer average of 4.7x. Thus the issue is attractively priced," said Choice Equity Broking while assigning a 'subscribe' rating. "The IPO's valuation aligns with industry benchmarks.

If the GMP is high, it could mean that the share price may list at a higher price on the stock exchange. A high GMP could indicate high demand for the IPO and vice versa. However, the GMP is not always accurate, and it can be volatile. Therefore, it should not be the sole parameter for making an investment decision.

Gala Precision Engineering is scheduled to finalise the basis of allotment of its shares on Thursday, September 05. Bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate by Friday, September 06 or over the weekend.

Visit the OFS Technologies IPO allotment status page. Click on the green OFS Technologies IPO Allotment Status. Enter either PAN number, Application Number or DP Client ID of the demat account to check the OFS Technologies IPO allotment status.

Log in to the Angel One app. Go to the IPO Section and then to IPO Orders. Select the individual IPO that you had applied for and check the allotment status.

At what time is the IPO allotment done? ›

Upon the successful crediting of the applied shares to their Demat & Trading accounts, it is termed as IPO allotment. This process usually takes about 1 week, during which allocation occurs.

The allotment status could be found on registrar's website once the allotment is declared. You can check the status of IPO application through the trading platform of the broker or the stock exchange (NSE / BSE).

You can search Bloomberg to find details of individual IPOs or groups of IPOs. To find IPOS listed on a specific index (eg S&P 500, or UK AIM Index) between certain dates the best source to use is Bloomberg.