Gala Precision Engineering IPO

Gala Precision Engineering is a precision component manufacturer. It produces technical springs like disc & strip springs (DSS), including wedge lock washers, coil & spiral springs (CSS), and special fastening solutions (SFS). These are sold to original equipment manufacturers (OEMs), Tier 1 and channel partners in sectors like renewable energy (wind turbines and hydropower plants), general industry (electrical, off-highway equipment, infrastructure, and general engineering), and mobility (automotive and railways). The company’s operations are divided into two divisions: the spring technology division and the special fastening solutions division. The latter manufactures custom fasteners, such as anchor bolts, studs, and nuts. DSS products are used in renewable energy, railways, automotive, off-highway vehicles, heavy machinery, and electrical and power equipment. CSS products are used in commercial vehicles, passenger vehicles, railways, and industrial infrastructure. SFS products are custom-made fasteners that are used in renewable energy, railways, off-highway vehicles, electrical, and heavy machinery industries.;