Gala Precision Engineering Limited IPO

Their product portfolio includes disc and strip springs, wedge lock washers, coil and spirals springs, and fastening solutions like anchor bolts, nuts and studs, etc.

Their precision components and high tensile fasteners are used in sectors like renewable energy (including wind turbine and hydro plants), industrial sectors such as electrical, off-highway equipment, infrastructure and general engineering, and mobility segments such as automobiles and railways. Their disc springs are of high quality meeting German DIN 2093 standards.

Over three decades, they have established long-standing relationships with their customers. They have served over 175 customers in 25 countries with relationships ranging from four to 15 years. Furthermore, due to their performance, the company has received numerous awards for quality, delivery, new product development, and financial management from their customers.

Their in-house process includes tool design and development, blanking and forming, coiling, heat treatment, shot peening, surface finishing, springs grinding and chamfering, scragging, load testing along with inspection, quality control and surface treatments and coatings.

Their facilities at Wada, Palghar, Maharashtra, are certified with international standards such as IATF 16949, which is needed to manufacture quality disc springs, spring band clamps, stamped components, coil springs, and spiral springs. The facility also has an ISO 9001:2015 certification, needed to manufacture and supply disc springs, brush springs, spiral springs, retractor springs and spring cassette assemblies among others.