BSE & NSE
27 Sep - 30 Sep '21
₹69.00 - ₹69.00
Getalong Enterprise Limited is engaged in three different sectors that are as follows. Exports - Getalong Enterprise Limited is responsible for exporting textiles. Readymade garments are exported to Africa along with countries situated in the Middle East. Trade – The company is involved in the trade of gold bullion. Old gold is purchased by Getalong Enterprise Limited, refined and then converted into gold bars of different weights and compositions. These gold bars are then traded in the wholesale market. Sale - Getalong Enterprise Limited sells female care products. Female products ranging from sanitary napkins to panty lines are purchased wholesale by the company that then repackages, markets and brands them under its own brand name. These are then sold at the retail level. To add to its offerings, Getalong Enterprise Limited is involved in management consultancy and offers IT support services to a wide range of entities.
Getalong Enterprise Limited IPO details are as follows. Getalong Enterprise Limited IPO date opened on September 27, 2021, and closed on September 30, 2021. The Getalong Enterprise IPO share price amounted to INR 69 per equity share. The market lot for this IPO amounted to 2000 shares. Retail individual investors were allowed to apply for only a single lot. This means that at most, a retail individual investor could hold 2000 shares valued at INR 138,000.
Getalong Enterprise Limited makes for a viable investment as its offerings have been well received thus far. This is evident from the fact that its profits after taxes have jumped within the past few months. As of March 31, 2021, their profits after tax amounted to INR 85.89 million whereas as of July, 31, 2021, their profits after tax amounted to INR 107.82 Million. This hike in value is promising especially given the time frame.
Getalong Enterprise Limited has the following strengths.
It has a wide product offering that caters to a broad range of customers.
Its supply chain is robust and strong.
The business model it employs is customer-centric and driven by orders.
Clients can be assured of quality products that meet a certain standard.
Having been operational only since July last year, the company does not have a sufficient amount of experience in the three industries within which it operates.
Funds raised via the Getalong Enterprise Limited IPO will allow for the company to better reach its diverse audience and perhaps expand upon its offerings.
Navigating three diverse markets and consumers can prove to be tricky; however only time will tell how the company manages this.
You can apply for the Getalong Enterprise Ltd. IPO in these ways:
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
What is the share price of the Getalong Enterprise Limited IPO?
The Getalong Enterprise Limited IPO price amounts to INR 69 per equity share.
What are Getalong Enterprise Limited IPO details pertaining to the dates of said IPO?
The Getalong Enterprise Limited IPO dates fell between September 27 and September 30, 2021.
Who are the promoters of Getalong Enterprise Limited IPO?
The promoters of the Getalong Enterprise Limited IPO are Sweety Rahul Jain and Westpac Investments Private Limited.
What is the issue size of the Getalong Enterprise Limited IPO?
The issue size of Getalong Enterprise Limited IPO is INR 5.18 Crores.