September 27, 2021 - September 30, 2021

Getalong Enterprise Limited IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Getalong Enterprise Limited IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Getalong Enterprise Limited IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Getalong Enterprise Limited IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company operates from rented premises and posed for higher risk of unwarranted situations. Post-IPO, its paid-up equity base indicates longer gestation for migration to the mainboard. Even the issue expenses hint at a fully structured IPO with funding arrangements. Though it appears attractively priced based on super earnings, the sustainability of such earnings in highly competitive fields raises concern. Currently, it has just 9 employees including the management. Considering all these, there is no harm in ignoring this issue. Read detail review...

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