© indiatoday.inGala Precision Engineering IPO fully subscribed within minutes of opening
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The initial public offer of Gala Precision Engineering got fully subscribed within minutes of opening for bidding on Monday.
The initial share sale received bids for 47,77,444 shares against 22,23,830 shares on offer, reflecting 2.15 times subscription, as per NSE data till 11:21 hours.
The portion for Retail Individual Investors (RIIs) garnered 3.15 times subscription while the quota for non institutional investors got subscribed 2.54 times.