Getalong IPO is all set to make its debut on 27th sept 21 with 5.18 Cr is primarily undertakes refining and preservation of Edible oils.
Getalong IPO – overview
| IPO Dates | 27-30 sept 2021 |
| IPO Price | INR 69 per share |
| Fresh issue | 7,500,000 shares (INR 5.18 crore) |
| Offer For Sale | Nil |
| Total IPO size | 7,500,000 shares (INR 5.18 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Getalong IPO – Tentative Dates
| IPO Offer Opening Date | 27 Sept 2021 |
| IPO Closing Date | 30 Sept 2021 |
| Finalization of Basis of Allotment | 05 Oct 2021 |
| Initiation of refunds | 06 Oct 2021 |
| Transfer of shares to demat accounts | 07 Oct 2021 |
| IPO Listing Date | 08 Oct 2021 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
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.
Industry Overview
The textiles and apparel industry in India has strengths across the entire value chain from fiber, yarn, fabric to apparel. It is highly diversified with a wide range of segments ranging from products of traditional handloom, handicrafts, wool and silk products to the organized textile industry. The organized textile industry is characterized by using capital-intensive technology for mass production of textile products and includes spinning, weaving, processing, and apparel manufacturing.
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.
Objectives of the issue
- Meet working capital requirements.
- Meet issue expenditures.
- General corporate purposes.
Company Financials
| Particulars | 31-July-21 | 31-Mar-21 |
| Total Assets | 5,863.88 | 5,349.13 |
| Total Revenue | 1025.17 | 1223.36 |
| Profit After Tax | 107.82 | 85.89 |
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/
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: getalong.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Lead Manager(s)
- SHRENI SHARES PRIVATE LIMITED (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
