Getalong Enterprise Limited IPO Detail
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 Promoters
Sweety Rahul Jain And Westpac Investments Private Limited are the company promoters.IPO Details
| IPO Opening Date | Sep 27, 2021 |
| IPO Closing Date | Sep 30, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹69 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹5.18 Cr |
| Fresh Issue | ₹5.18 Cr |
| Offer for Sale | - |
| Retail Portion | - |
IPO Tentative Timetable
The Getalong Enterprise Limited IPO open date is Sep 27, 2021, and the close date is Sep 30, 2021. The issue may list on Oct 08, 2021.
| IPO Open Date | Sep 27, 2021 |
| IPO Close Date | Sep 30, 2021 |
| Basis of Allotment Date | Oct 05, 2021 |
| Initiation of Refunds | Oct 06, 2021 |
| Credit of Shares to Demat Account | Oct 07, 2021 |
| IPO Listing Date | Oct 08, 2021 |
IPO Lot Size
The Getalong Enterprise Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹138000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹138000 |
| Maximum | 1 | 2000 | ₹138000 |
IPO Promoter Holding
| Pre Issue Share Holding | 79.6% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Jul-21 | 58.64 | 17.06 | 1.08 |
| 31-Mar-21 | 53.49 | 66.5 | 0.8589 |
Objects of the Issue:
- Funding working capital requirements, and
- General Corporate purposes.
