Getalong Enterprise Ltd. IPO
Getalong Enterprise Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹69
Issue Price
Listing Price
₹73
Listing Price
Listing Gains
+₹4.05 (+5.87%)
Listing Gains
IPO Details
Bidding Dates
27 Sep - 30 Sep '21
Bidding Dates
Min. Investment
₹138,000
Min. Investment
Lot Size
2000.00
Lot Size
Price Range
₹69.00 - ₹69.00
Price Range
Issue Size
5 Cr
Issue Size
About Company
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 Ltd. IPO Latest News and Subscription Status Today (Live)
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.
Why should you invest in Getalong Enterprise Ltd. IPO?
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 Ltd. IPO - SWOT Analysis
Strengths:
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.
Weaknesses:
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.
Opportunities:
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.
Threats:
Navigating three diverse markets and consumers can prove to be tricky; however only time will tell how the company manages this.
How to apply for Getalong Enterprise Ltd. IPO?
You can apply for the Getalong Enterprise Ltd. IPO in these ways:
UPI
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.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Getalong Enterprise Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
