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. Their primary clientele consists of major OEMs, Tier-1 & Channel Partners, spanning diverse industries including Renewable Energy, Industrial and Mobility.
The Company is led by the Promoter, Chairman and Managing Director, Kirit Vishanji Gala who has helped expand their operations within India and globally and has been associated with their Company since incorporation. Kirit Vishanji Gala has more than three decades of experience in engineering and manufacturing activities.
Financially, Gala Precision Engineering revenue increased from ₹1,367.35 Millions in FY22 to ₹1,493.84 Millions in FY23 and currently at ₹1,767.90 Millions in FY24. Similarly, EBITDA is increased from ₹1,479.63 Millions in FY22 to ₹1,670.82 Millions in FY23 and currently at ₹2043.77 Millions in FY24. The PAT also increased from ₹66.31 Millions in FY22 to ₹225.63 Millions in FY23 and currently at ₹225.32 Millions in FY24. This indicates a steady financial performance.
For the Gala Precision Engineering IPO, the company is issuing shares at a pre-issue EPS of ₹22.28 and a post-issue EPS of ₹17.78. The pre-issue P/E ratio is 23.74x, while the post-issue P/E ratio is 29.75x against Industry P/E ratio is 31.70x. The company's ROCE for FY24 is 19.91% and ROE for FY24 is 23.59%. These metrics suggest that the IPO is fairly priced.
The Grey Market Premium (GMP) of Gala Precision Engineering potential listing gains of 47% - 50%. Given the company's financial performance and the valuation of the IPO, we recommend only Investors to Apply to the Gala Precision Engineering Limited IPO for Listing gain or long term investment purposes.
The GST amendment process at Finance Saathi is simple, transparent, and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand the amendment requirement. | Same Day |
| 2 | Document Collection – You share required documents digitally. | 1 Day |
| 3 | Application Preparation – Amendment application prepared on GST portal. | 1 Day |
| 4 | Filing GST Amendment – Submission of Form GST REG-14 online. | Same Day |
| 5 | GST Officer Review – Approval required for certain amendments. | 2–3 Days |
| 6 | Updated GST Certificate Issued – Amendment approved and updated in GST records. | — |
Estimated Total Duration: 2–4 Working Days
The business tax filing process at Finance Saathi is simple and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your business structure and tax requirements. | Same Day |
| 2 | Document Collection – Financial records and tax documents collected. | 1–2 Days |
| 3 | Financial Review – Analysis of income, expenses, and deductions. | 1 Day |
| 4 | Tax Calculation & Return Preparation – Accurate computation and preparation of ITR form. | 1 Day |
| 5 | Client Approval – Draft return shared with client for confirmation. | Same Day |
| 6 | Return Filing – Business tax return filed on the Income Tax portal and acknowledgment shared. | Same Day |
Estimated Total Duration: 2–4 Working Days
The Income Tax Return filing process at Finance Saathi is simple and completely online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your income sources and tax requirements. | Same Day |
| 2 | Document Collection – Required documents and income details collected. | Same Day |
| 3 | Tax Calculation – Accurate computation of income, deductions, and tax liability. | 1 Day |
| 4 | ITR Preparation – Preparation of the appropriate ITR form. | 1 Day |
| 5 | Client Approval – Return shared with client for confirmation. | Same Day |
| 6 | ITR Filing & Acknowledgment – Return filed on Income Tax portal and acknowledgment shared. | Same Day |
Estimated Total Duration: 1–2 Working Days
The GST revocation process at Finance Saathi is simple and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Case Review – Our experts analyze the cancellation order and eligibility for revocation. | Same Day |
| 2 | Compliance Check – Verification of pending returns and tax liabilities. | 1 Day |
| 3 | Document Preparation – Preparing explanation and supporting documents. | 1 Day |
| 4 | Revocation Application Filing – Submission of Form GST REG-21 on the GST portal. | 1 Day |
| 5 | GST Officer Review – Department reviews the application and may request clarification. | 2–3 Days |
| 6 | GSTIN Reactivation – GST registration restored after approval. | — |
Estimated Total Duration: 3–7 Working Days
The GST return filing process at Finance Saathi is simple, structured, and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Return Type Identification – We identify applicable returns based on your business. | Same Day |
| 2 | Document Collection – You share invoices and required details digitally. | 1–2 Days |
| 3 | Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. | 1 Day |
| 4 | GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. | 1 Day |
| 5 | Client Confirmation – Draft shared for approval before filing. | Same Day |
| 6 | GST Return Filing – Returns filed on the GST portal and acknowledgment shared. | Same Day |
Estimated Turnaround Time: 2–4 Working Days (per return period)
The Udyam registration process at Finance Saathi is quick and completely online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your business details and eligibility. | Same Day |
| 2 | Document Collection – Required business and identity details collected. | Same Day |
| 3 | Application Preparation – MSME registration application prepared on Udyam portal. | Same Day |
| 4 | Online Submission – Application submitted on the official Udyam registration portal. | Same Day |
| 5 | Verification & Processing – Government system verifies Aadhaar and PAN details. | Same Day |
| 6 | Udyam Certificate Issued – MSME registration certificate generated and shared. | Within 1–2 Days |
Estimated Total Duration: 1–2 Working Days
The ICEGATE registration process at Finance Saathi is simple and completely online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts verify IEC and business details. | Same Day |
| 2 | Document Collection – Required documents collected digitally. | Same Day |
| 3 | Application Preparation – ICEGATE registration application prepared. | 1 Day |
| 4 | Online Submission – Application submitted on ICEGATE portal. | Same Day |
| 5 | Verification – Customs system verifies submitted details. | 1–2 Days |
| 6 | ICEGATE Account Activation – Login credentials activated for portal access. | — |
Estimated Total Duration: 1–3 Working Days
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The IEC registration process at Finance Saathi is simple and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your import/export business requirements. | Same Day |
| 2 | Document Collection – Required documents and business details collected. | Same Day |
| 3 | Application Preparation – IEC registration application prepared on DGFT portal. | 1 Day |
| 4 | Online Submission – Application filed on the DGFT website. | Same Day |
| 5 | Verification & Processing – DGFT verifies application details. | 1–2 Days |
| 6 | IEC Certificate Issued – Import Export Code generated and delivered via email. | — |
Estimated Total Duration: 1–3 Working Days
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
The GST notice reply process at Finance Saathi is systematic and professional:
| Step | Process | Timeline |
|---|---|---|
| 1 | Notice Review – Our experts analyze the GST notice and identify the issue. | Same Day |
| 2 | Document Collection – Required invoices, returns, and records are gathered. | 1–2 Days |
| 3 | Case Analysis – Detailed examination of discrepancies and legal provisions. | 1 Day |
| 4 | Drafting Reply – Professional response prepared with supporting documents. | 1 Day |
| 5 | Client Approval – Reply shared with client for confirmation. | Same Day |
| 6 | Submission on GST Portal – Final reply submitted before deadline. | Same Day |
Estimated Resolution Time: 2–4 Working Days
The Income Tax notice handling process at Finance Saathi is systematic and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Notice Review – Our experts analyze the notice issued by the Income Tax Department. | Same Day |
| 2 | Document Collection – Required financial records and tax documents collected. | 1–2 Days |
| 3 | Case Analysis – Detailed evaluation of discrepancies and legal provisions. | 1 Day |
| 4 | Reply Drafting – Professional response prepared with supporting documents. | 1 Day |
| 5 | Client Confirmation – Draft reply shared for approval. | Same Day |
| 6 | Submission on Income Tax Portal – Final reply submitted before the deadline. | Same Day |
Estimated Total Duration: 2–4 Working Days
The GST return filing process at Finance Saathi is simple, structured, and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Return Type Identification – We identify applicable returns based on your business. | Same Day |
| 2 | Document Collection – You share invoices and required details digitally. | 1–2 Days |
| 3 | Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. | 1 Day |
| 4 | GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. | 1 Day |
| 5 | Client Confirmation – Draft shared for approval before filing. | Same Day |
| 6 | GST Return Filing – Returns filed on the GST portal and acknowledgment shared. | Same Day |
Estimated Turnaround Time: 2–4 Working Days (per return period)
The business tax filing process at Finance Saathi is simple and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your business structure and tax requirements. | Same Day |
| 2 | Document Collection – Financial records and tax documents collected. | 1–2 Days |
| 3 | Financial Review – Analysis of income, expenses, and deductions. | 1 Day |
| 4 | Tax Calculation & Return Preparation – Accurate computation and preparation of ITR form. | 1 Day |
| 5 | Client Approval – Draft return shared with client for confirmation. | Same Day |
| 6 | Return Filing – Business tax return filed on the Income Tax portal and acknowledgment shared. | Same Day |
Estimated Total Duration: 2–4 Working Days
The IEC registration process at Finance Saathi is simple and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your import/export business requirements. | Same Day |
| 2 | Document Collection – Required documents and business details collected. | Same Day |
| 3 | Application Preparation – IEC registration application prepared on DGFT portal. | 1 Day |
| 4 | Online Submission – Application filed on the DGFT website. | Same Day |
| 5 | Verification & Processing – DGFT verifies application details. | 1–2 Days |
| 6 | IEC Certificate Issued – Import Export Code generated and delivered via email. | — |
Estimated Total Duration: 1–3 Working Days
The GST amendment process at Finance Saathi is simple, transparent, and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand the amendment requirement. | Same Day |
| 2 | Document Collection – You share required documents digitally. | 1 Day |
| 3 | Application Preparation – Amendment application prepared on GST portal. | 1 Day |
| 4 | Filing GST Amendment – Submission of Form GST REG-14 online. | Same Day |
| 5 | GST Officer Review – Approval required for certain amendments. | 2–3 Days |
| 6 | Updated GST Certificate Issued – Amendment approved and updated in GST records. | — |
Estimated Total Duration: 2–4 Working Days
The Income Tax Return filing process at Finance Saathi is simple and completely online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your income sources and tax requirements. | Same Day |
| 2 | Document Collection – Required documents and income details collected. | Same Day |
| 3 | Tax Calculation – Accurate computation of income, deductions, and tax liability. | 1 Day |
| 4 | ITR Preparation – Preparation of the appropriate ITR form. | 1 Day |
| 5 | Client Approval – Return shared with client for confirmation. | Same Day |
| 6 | ITR Filing & Acknowledgment – Return filed on Income Tax portal and acknowledgment shared. | Same Day |
Estimated Total Duration: 1–2 Working Days
The GST revocation process at Finance Saathi is simple and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Case Review – Our experts analyze the cancellation order and eligibility for revocation. | Same Day |
| 2 | Compliance Check – Verification of pending returns and tax liabilities. | 1 Day |
| 3 | Document Preparation – Preparing explanation and supporting documents. | 1 Day |
| 4 | Revocation Application Filing – Submission of Form GST REG-21 on the GST portal. | 1 Day |
| 5 | GST Officer Review – Department reviews the application and may request clarification. | 2–3 Days |
| 6 | GSTIN Reactivation – GST registration restored after approval. | — |
Estimated Total Duration: 3–7 Working Days
The Income Tax notice handling process at Finance Saathi is systematic and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Notice Review – Our experts analyze the notice issued by the Income Tax Department. | Same Day |
| 2 | Document Collection – Required financial records and tax documents collected. | 1–2 Days |
| 3 | Case Analysis – Detailed evaluation of discrepancies and legal provisions. | 1 Day |
| 4 | Reply Drafting – Professional response prepared with supporting documents. | 1 Day |
| 5 | Client Confirmation – Draft reply shared for approval. | Same Day |
| 6 | Submission on Income Tax Portal – Final reply submitted before the deadline. | Same Day |
Estimated Total Duration: 2–4 Working Days
The GST return filing process at Finance Saathi is simple, structured, and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Return Type Identification – We identify applicable returns based on your business. | Same Day |
| 2 | Document Collection – You share invoices and required details digitally. | 1–2 Days |
| 3 | Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. | 1 Day |
| 4 | GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. | 1 Day |
| 5 | Client Confirmation – Draft shared for approval before filing. | Same Day |
| 6 | GST Return Filing – Returns filed on the GST portal and acknowledgment shared. | Same Day |
Estimated Turnaround Time: 2–4 Working Days (per return period)
The Udyam registration process at Finance Saathi is quick and completely online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts understand your business details and eligibility. | Same Day |
| 2 | Document Collection – Required business and identity details collected. | Same Day |
| 3 | Application Preparation – MSME registration application prepared on Udyam portal. | Same Day |
| 4 | Online Submission – Application submitted on the official Udyam registration portal. | Same Day |
| 5 | Verification & Processing – Government system verifies Aadhaar and PAN details. | Same Day |
| 6 | Udyam Certificate Issued – MSME registration certificate generated and shared. | Within 1–2 Days |
Estimated Total Duration: 1–2 Working Days
The GST return filing process at Finance Saathi is simple, structured, and fully online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Return Type Identification – We identify applicable returns based on your business. | Same Day |
| 2 | Document Collection – You share invoices and required details digitally. | 1–2 Days |
| 3 | Data Review & ITC Reconciliation – Our experts verify data and reconcile ITC. | 1 Day |
| 4 | GST Return Preparation – Accurate preparation of GSTR-1 / GSTR-3B / other returns. | 1 Day |
| 5 | Client Confirmation – Draft shared for approval before filing. | Same Day |
| 6 | GST Return Filing – Returns filed on the GST portal and acknowledgment shared. | Same Day |
Estimated Turnaround Time: 2–4 Working Days (per return period)
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
The GST notice reply process at Finance Saathi is systematic and professional:
| Step | Process | Timeline |
|---|---|---|
| 1 | Notice Review – Our experts analyze the GST notice and identify the issue. | Same Day |
| 2 | Document Collection – Required invoices, returns, and records are gathered. | 1–2 Days |
| 3 | Case Analysis – Detailed examination of discrepancies and legal provisions. | 1 Day |
| 4 | Drafting Reply – Professional response prepared with supporting documents. | 1 Day |
| 5 | Client Approval – Reply shared with client for confirmation. | Same Day |
| 6 | Submission on GST Portal – Final reply submitted before deadline. | Same Day |
Estimated Resolution Time: 2–4 Working Days
The ICEGATE registration process at Finance Saathi is simple and completely online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation – Our experts verify IEC and business details. | Same Day |
| 2 | Document Collection – Required documents collected digitally. | Same Day |
| 3 | Application Preparation – ICEGATE registration application prepared. | 1 Day |
| 4 | Online Submission – Application submitted on ICEGATE portal. | Same Day |
| 5 | Verification – Customs system verifies submitted details. | 1–2 Days |
| 6 | ICEGATE Account Activation – Login credentials activated for portal access. | — |
Estimated Total Duration: 1–3 Working Days
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