Getalong Enterprise Limited IPO

Getalong Enterprise Limited IPO Review

Getalong QuadPro’s product range is diverse, and the company primarily operates in three important segments:

  • Textile export – The firm obtains semi-finished and finished goods from manufacturers and the market, respectively. Semi-finished products are turned into final items by contracting out job activity, therefore supporting the Make in India programme.
  • Gold Bullion Trading – The firm buys old gold / ornaments from retail consumers / merchants.

 

The old gold is then purified and transformed into gold bars of varying weights and compositions. The gold bullion is then sold / exchanged on the wholesale market in accordance with the regulatory standards established by the government.

  • Female Care Product Sales – The firm buys Female Care Products in bulk, such as sanitary napkins. The items are repackaged, marketed, and branded under their own brand name before being retailed in the market.

Subscription Dates

27 – 30 September 2021

Price Band

INR69 per share

Fresh issue

7,50,000 shares (INR5.18 crore)

Offer For Sale

Nil

Total IPO size

7,50,000 shares (INR5.18 crore)

Minimum bid (lot size)

2,000 shares

Face Value 

INR10 per share

Retail Allocation

50%

Listing On

BSE SME platform

 

FY2021

4M FY2022

Revenue

6650.4

1706.3

Expenses

6535.6

1562.2

Net income

85.9

107.8

Net margin (%)

1.29

6.3

Earnings Per Share (EPS): INR7.96

Price/Earnings (PE ratio): 8.67

Return on Net Worth (RONW): 32.61%

Net Asset Value (NAV): INR24.42 per share

Listing Performance of Getalong Enterprise Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Getalong Enterprise Limited IPO

Oct 8, 2021

69

76.7

11.16%

NSE : NA

ISIN CODE : INE0H1201012

BSE :  543372

IPO Opening Date: 27 September 2021

IPO Closing Date: 30 September 2021

Finalisation of Basis of Allotment: 5 October 2021

Initiation of refunds: 6 October 2021

Transfer of shares to demat accounts: 7 October 2021

Listing Date: 8 October 2021

Opening Price on BSE SME: INR73.05 per share (up 5.87% from IPO price)

Closing Price on BSE SME: INR76.70 per share (up 11.16% from IPO price)

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: www.getalongenterprise.com

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: getalong.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Category

Non-retail

Retail

Total

Shares Offered

375,000

375,000

750,000

Day 1

1.83

0.25

1.04

Day 2

1.98

0.86

1.41

Day 3

1.88

1.30

1.59

Day 4

2.07

2.11

2.09

Getalong Enterprise Limited IPO FAQ's

The Getalong Enterprise Limited IPO is a SME IPO of ₹69 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 750,000 Eq Shares of ₹10 (aggregating up to ₹5.18Crore). The Fresh issue size is priced at 750,000 Eq Shares of ₹10 (aggregating up to ₹5.18 Crore).The initial public offering (IPO) begins on Sep 27, 2021 and ends on Sep 30, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE, SME.

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

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

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 status.

The Getalong Enterprise Limited IPO listing date is Oct 8, 2021.

Getalong Enterprise Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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