Gala Precision Engineering Ltd:

 

Face Value: ₹10 per share
Price Band: ₹503 to ₹529 per share 

Lot Size: 28 shares 

Fresh Issue: 2,558,416 shares

Listing Date: September 9, 2024

 

Gala Precision Engineering Ltd. was incorporated in 2009 and the company’s promoters are Kirit Visanji Gala and Smeet Kirit Gala. The company makes and designs accurate parts like strip and disc strings, high-tensile fasteners, coil and spiral strings, and wedge lock washers. The company’s revenue increased by 22% in FY24. 

 

The products offered by Gala meet global standards like German DIN standards. Gala Precision Engineering manufactures products that are used in industries like Infrastructure, electrical, heavy equipment, and general engineering, and also used in mobility sectors, including automotive and railways. Gala Precision Engineering serves over 175 global customers in more than 25 countries, including Italy, USA, Sweden, Brazil, and many more. The company has over 30 years of experience in material science, heat treatment, surface finishing techniques, and in-house tool design. 

 

Boss Packaging Solutions Ltd: 

 

Face Value: ₹10 per share
Price: ₹66 per share 

Lot Size: 2000 shares 

Fresh Issue: 1,274,000 shares

Listing Date: September 6, 2024

Boss Packaging Solutions Ltd. was established in 2008. It is located in Ahmedabad, Gujarat, a liquid filling and sealing machine manufacturer, and it stands as a leading manufacturer and supplier of packaging machinery.  

 

The promoters of the company are Manishbhai Natvarbhi Brahmbhatt, Kamlesh Hasmukhbhai Patel, Ketan Suryaknat Thakkar, Jagrutiben Manishbhai Brahmbhatt, Bhavikaben Ketan Thakkar, and Premkumar Manishbhai Brahmbhatt. The company’s revenue increased by 17.67% and profit after tax rose by 0.53% in FY24.

 

The company’s products are designed carefully and made by a skilled team of over 20+ experts. While following international quality standards, the company uses high-quality materials and advanced technology. Boss Packaging Solutions offers its customers with their top-quality, advanced technology, fast delivery, affordable prices, and reliability. With the company's advanced machinery and technology, they have installed over 1,000 units to meet urgent and bulky orders on time. 

 

Jeyyam Global Foods Ltd:

 

Face Value: ₹5 per share
Price Band: ₹59 to ₹61 per share 

Lot Size: 2000 shares 

Fresh Issue: 12,088,800 shares

Listing Date: September 9, 2024

 

Jeyyam Global Foods Ltd. was founded in 2008, headquartered in Tamil Nadu. The promoters of the company are Mr. Shripal Veeramchand Sanghvi, Mr. Amit Agarwal, Mrs. Sujathaa Mehtra, and Mrs. Sarika Ssangavi, with Shanti Guru Industries Limited. It is a brand known for quality, innovation, and trust. 

 

By resonating on quality, innovation, and trust, the company has built and operated Asia’s largest chana product manufacturing unit with over 40 years of experience in the chana industry. This helped the company to develop a strong and successful supply chain system. They are dedicated to innovation and their team is always working on new products to provide the best options to their customers.

 

They focus and prioritize quality at every stage, from sourcing and packaging to meeting the highest standards. Their commitment to the chana industry is strong and they focus on growth and positive change in the field. The company’s revenue increased by 65% and profit after tax rose by 92% in FY24.

 

Conclusion:

 

These upcoming IPOs present a unique opportunity to invest in companies that are at the frontline of their industries. Gala Precision Engineering, Boss Packaging Solutions, and Jeyyam Global Foods each offer strong growth potential, driven by innovation and a commitment to quality. 

Check out the IPOs Performance in 2024 So Far and know the process of IPO in India. Your willingness to invest must consider How to Apply for an IPO. Also, watch why should you invest in an IPO.

 

Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.