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Getalong Enterprise Limited IPO (Getalong Enterprise Limited IPO) Detail

Sep 27, 2021 - Sep 30, 2021

Getalong Enterprise Ltd. mainly operating in three key segments:

1) Export of Textiles, 2) Trading in Gold Bullion, 3) Sale of Female Care Products

Under the Textiles division, the company exports readymade garments to the African continent and Middle East countries.

Under the Gold Bullion division, the Company purchases old gold / and then refine and convert it into gold bars of various weights and compositions. The gold bullion is then traded in the wholesale market.

Under Female Hygiene Care products, the company purchases Female Care Products like sanitary napkins, panty liners, etc. in wholesale. These products are then repacked, marketed, and branded under the company's brand name and sold in the market on a retail basis.

The Company is also into various types of Management Consultancy and IT support services for various entities.

Competitive Strengths

  • Wide product portfolio catering to diverse customers.
  • Strong and robust supply chain.
  • Customer-centric and Order driven business model.
  • Quality Assurance and Standards.

 

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
31-July-21 31-Mar-21
Total Assets 5,863.88 5,349.13
Total Revenue 1,706.34 6,650.38
Profit After Tax 107.82 85.89

Objects of the Issue

  • Funding working capital requirements, and
  • General Corporate purposes.

Getalong Enterprise Limited IPO Details

Getalong Enterprise Limited IPO Date Sep 27, 2021 to Sep 30, 2021
Getalong Enterprise Limited IPO Face Value ₹10 per share
Getalong Enterprise Limited IPO Price ₹69 per share
Getalong Enterprise Limited IPO Lot Size 2000 Shares
Issue Size750,000 shares of ₹10
(aggregating up to ₹5.18 Cr)
Fresh Issue750,000 shares of ₹10
(aggregating up to ₹5.18 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Sweety Rahul Jain And Westpac Investments Private Limited are the company promoters.

Getalong Enterprise Limited IPO Timeline (Tentative Timetable)

Getalong Enterprise Limited IPO opens on Sep 27, 2021, and closes on Sep 30, 2021. The Getalong Enterprise Limited IPO bid date is from Sep 27, 2021 10.00 A.M. to Sep 30, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Getalong Enterprise Limited IPO Opening Date Sep 27, 2021
Getalong Enterprise Limited IPO Closing Date Sep 30, 2021
Basis of Allotment Oct 5, 2021
Initiation of Refunds Oct 6, 2021
Credit of Shares to Demat Oct 7, 2021
Getalong Enterprise Limited IPO Listing Date Oct 8, 2021

Getalong Enterprise Limited IPO Lot Size

The Getalong Enterprise Limited IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹138,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹138,000
Retail (Max) 1 2000 ₹138,000

Getalong Enterprise Limited IPO Promoter Holding

Pre Issue Share Holding 79.60%
Post Issue Share Holding 46.95%

Getalong Enterprise Limited IPO Review

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...


Getalong Enterprise Limited IPO Subscription Status (Bidding Detail)

The Getalong Enterprise Limited IPO is subscribed 2.09 times on Sep 30, 2021 5:14:00 AM. The public issue subscribed 2.11 times in the retail category, times in the QIB category, and 2.07 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII2.07
Retail2.11
Total2.09

Getalong Enterprise Limited IPO Prospectus

Getalong Enterprise Limited IPO Rating

53
3.4
Rating:Rated 3.4 stars
Vote Here ...

Getalong Enterprise Limited IPO Listing Date

Listing Date Friday, October 8, 2021
BSE Script Code 543372
NSE Symbol
Listing In MT Group of Securities
ISIN INE0H1201012
IPO Price ₹69 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹69.00
₹73.05
₹72.10
₹76.70
₹76.70

Company Contact Information

Getalong Enterprise Limited
Office No. 402,
B-Wing, Damji Shamji Corporate Square,
Laxmi Nagar, Ghatkopar (East), Mumbai - 400 075
Phone: +91-85913 43631
Email: info@getalongenterprise.com
Website: https://getalongenterprise.com/

Getalong Enterprise Limited IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: getalong.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Getalong Enterprise Limited IPO Review

Getalong Enterprise Limited IPO Recommendation Summary

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Getalong Enterprise Limited IPO FAQs

Getalong Enterprise Limited IPO is a SME IPO of 750,000 equity shares of the face value of ₹10 aggregating up to ₹5.18 Crores. The issue is priced at ₹69 per share. The minimum order quantity is 2000 Shares.

The IPO opens on Sep 27, 2021, and closes on Sep 30, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Getalong Enterprise Limited IPO using UPI as a payment gateway. Zerodha customers can apply in Getalong Enterprise Limited IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Getalong Enterprise Limited IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Getalong Enterprise Limited IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Getalong Enterprise Limited IPO opens on Sep 27, 2021 and closes on Sep 30, 2021.

Getalong Enterprise Limited IPO lot size is 2000 Shares and the minimum order quantity is .

You can apply in Getalong Enterprise Limited IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Getalong Enterprise Limited IPO will be done on Oct 5, 2021, and the allotted shares will be credited to your demat account by Oct 7, 2021. Check the Getalong Enterprise Limited IPO allotment status.

The Getalong Enterprise Limited IPO listing date is on Friday, October 8, 2021.
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Getalong Enterprise Limited IPO Message Board

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22 Comments

10. Anand A. |   Link |Oct 10, 2021 9:35:46 AM
@lokes Great ! I think Bombay Metrics will cover up your losses
10.1. lokes |   Link |Oct 10, 2021 8:09:26 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
ya expecting around 40-50K profit in bombay metrics listing.....remaining lets see how much it will be
9. Anand A. |   Link |Oct 10, 2021 2:11:48 AM
@Lokes again made a mistake I think I was reading some other company''s RHP. It does not have 315 Lakh Cash. Its RHP is quite different as it had to be downloaded before we can read it. Ignore the earlier messages LOL !!
8. High Flyer |   Link |Oct 9, 2021 10:35:49 PM
Get Along Enterprises deals in Textiles Exports, Women personal care as well as Bullian markets, already achived sales Rs 60 Crs and EPS Rs 11 issue price Rs 69/- management offerred discounted price to investors and so much of appreciations left to investors, I bot from listing day. Good website information from the company.
7. lokes |   Link |Sep 30, 2021 2:48:39 PM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
i am not applying in this ipo...
7.8. Anand A. |   Link |Oct 10, 2021 2:14:38 AM
@Lokes Ignore the earlier messages about Getalong I think I was reading some other company''s RHP.

By the way are u still holding Markolines or did u exit?
7.9. lokes |   Link |Oct 10, 2021 2:25:32 AM
IPO Guru IPO Guru (3400+ Posts, 3700+ Likes)
I am still holding markolines and jainam, and alloted Bombay metrics.... overall still in loss considering both listed ipo...
Didn''t applied in anyone else
6. STARNIKHIL |   Link |Sep 28, 2021 10:20:03 AM
i am new in sme ipo field plz help me ,how can i applied sme ipo because zerodha/angel both are not showing these sme ipos so how can i apply sme ipo plz help me on this
6.1. TSG |   Link |Sep 28, 2021 10:42:40 AM
Apply through ASBA from your online Banking account
5. Prince.dilip |   Link |Sep 23, 2021 8:50:16 AM
Chalak lomdi
Please say about Gealong ent. Avoid or apply?
5.1. Chalak lomdi |   Link |Sep 25, 2021 12:04:30 AM
@prince mota bhai ager bhav aayege to bechke bharna he varna abhi kuch nahi he...
4. ARVIND BANSAL |   Link |Sep 24, 2021 7:57:13 PM
SORRY, MARKOLINE TRAFFIC
3. Vipul M Shah |   Link |Sep 23, 2021 8:13:04 PM
Top Contributor Top Contributor (200+ Posts)
How can u get 2/2 ? This will come in next week.
2. ARVIND BANSAL |   Link |Sep 23, 2021 7:30:23 PM
Got 2/2
premium?
1. ARVIND BANSAL |   Link |Sep 23, 2021 4:57:38 PM
Got 2/2