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Let’s have a detailed review of the company and analytics of the Getalong Enterprise IPO release date, IPO offer price, subscription, Getalong Enterprise Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 10
Cash Price Rs 69
Listing AtBSE, SME
Min. Order Quantity2000 Shares
Listing DateOct 8, 2021
Offer for SaleRs Lakh
Fresh IssueRs 518 Lakh
IPO SizeRs 518 Lakh
Tick Size1

Getalong Enterprise IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Getalong Enterprise Share Price – Live Performance

Getalong Enterprise IPO – Summary

Getalong Enterprise IPO Their Company was incorporated as ‘Getalong Enterprise Private Limited’ under the provisions of the Companies Act, 2013 pursuant to a certificate of incorporation dated July 29, 2020, issued by the Registrar of Companies, Maharashtra at Mumbai.

Thereafter pursuant to a fresh certificate of incorporation dated August 18, 2020, issued by the Registrar of Companies, Maharashtra at Mumbai the name of their Company was changed to ‘Getalong Enterprise Private Limited’

Thereafter, pursuant to the conversion of their Company to a public limited company, the name of Their Company was changed to ‘Getalong Enterprise Limited’ pursuant to a special resolution passed by the Shareholders at its Extra-Ordinary General Meeting held on March 18, 2021, and a fresh certificate of incorporation dated April 12, 2021, was issued to their Company by the RoC.

The Promoter of this company is SWEETY RAHUL JAIN AND WESTPAC INVESTMENTS PRIVATE LIMITED. The lead manager to the issue is SHRENI SHARES PRIVATE LIMITED, and the Registrar to this issue is LINK INTIME INDIA PRIVATE LIMITED.


Getalong Enterprise IPO Date

The opening and the closing date of the IPO of Getalong Enterprise Limited are Sep 27, 2021, and Sep 30, 2021.


Getalong Enterprise IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.

Check Getalong Enterprise IPO LIVE Subscription

  • Getalong Enterprise IPO LIVE Bid details on BSE
  • Getalong Enterprise IPO LIVE Bid details on NSE

For the Latest Bid details click on the above links.


Getalong Enterprise IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Getalong Enterprise Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment FinalizationOct 5, 2021
Refunds InitiationOct 6, 2021
Credit of Shares to Demat AccountOct 7, 2021
Share Listing DateOct 8, 2021

Getalong Enterprise IPO Cash Price

The face value of each share is Rs.10, but the price band of the IPO is Rs.69 


Getalong Enterprise IPO Equity Size

This Initial Public Issue of 7,50,000 Equity Shares of Rs.10 each for cash at a price of Rs.69 per equity share aggregating to Rs.518 Lakh.


Getalong Enterprise IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.

Issue Size: 7,50,000 Equity Shares of Rs.10 each, aggregating to Rs.518 Lakh


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    Getalong Enterprise IPO – Live Performance

    The listing date of this IPO is Oct 8, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Getalong Enterprise Share Price

    Getalong Enterprise IPO Grey Market Premium

    The Getalong Enterprise Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    Getalong Enterprise IPO – Company Overview

    Their Company operates from Registered Office situated at Office No. 402, B-Wing, Damji Shamji Corporate Square, Laxmi Nagar, Ghatkopar (East), Mumbai – 400 075, Maharashtra, India

    Their Company has, a wide product portfolio catering to customers in diverse segments as a result of which, they have been able to establish trusted relationships with these customers. Due to their wide range of offerings, they have been able to achieve total revenue of ₹ 6,043.32 Lakhs for the period ended January 31, 2021, in a short span of ~ 6 months from Their incorporation.

    Their Company has developed a robust supply chain for the sourcing of a wide variety of products that they offer to Their customers. While they do not have any long-term contracts with any of their raw material suppliers/products, however, they have maintained good relationships with their major suppliers.


    Getalong Enterprise IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Lakh)
    31-July-2131-Mar-21
    Total Assets5863.885349.13
    *Total Revenue1706.346650.38
    Total Expense1562.236535.58
    Profit After Tax107.8285.89

    Earnings per Equity Share (in Lakh)

    31-July-2131-Mar-21
    Basic & Diluted10.007.96

     


    Getalong Enterprise IPO – Promoters

    The Promoter of this company is:

    1. SWEETY RAHUL JAIN AND
    2. WESTPAC INVESTMENTS PRIVATE LIMITED

    List of Related Parties (Key Managerial Personnel)

    • Sweety Rahul Jain, Managing Director
    • Neeraj Ashok Chothani, Executive Director
    • Narendra Bharat Parekh, Executive Director
    • Nishit Madhukar Gandhi, Independent Director
    • Mansi Harsh Dave, Independent Director
    • Yash Bharat Mandlesha, Independent Director

    Getalong Enterprise IPO – Promoters Holding

    • Pre Issue Share Holding – 79.60%
    • Pos Issue Share Holding – 46.95%

    Getalong Enterprise IPO Offer Details or Issue Details

     Particulars No. Of Equity Shares
     Equity Shares Offered Up to 7,50,000 Equity Shares aggregating up to Rs.518 Lakh
    of which:
    Issue Reserved for the Market MakersUp to 38,000 Equity Shares aggregating up to Rs.26.22 Lakh
    Net Issue to the PublicUp to 7,12,000 Equity Shares aggregating up to Rs.491.28 Lakh
    Of which:
    Retail Investors Portion Not less than 2,04,000 Equity Shares
    Other than Retail Individual InvestorsNot more than 2,04,000 Equity Shares
     Equity Shares outstanding prior to the Issue10,78,400 Equity Shares
     Equity Shares outstanding after the Issue18,28,400 Equity Shares

    Getalong Enterprise IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Funding working capital requirements
    2. General Corporate Purpose

    Getalong Enterprise IPO – Business Strategy

    • Company’s ability to successfully implement their strategy, their growth and expansion,
    • They primarily rely on purchase orders to govern the volume and other terms of the sales of their products
    • Volatility in the supply of their raw materials may have an adverse effect on Their business, financial condition, and results of operations.
    • Intensified competition in industries/sectors in which they operate
    • Their ability to expand their geographical area of operation
    • General economic and business conditions in the markets in which they operate and in the local, regional and national economies

    Getalong Enterprise IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Wide product portfolio leading to their ability to cater to diverse customers
    • Strong supplier base for sourcing of raw materials/ products
    • Scalable Business Model
    • Quality Assurance and Standards
    • Diversified Business model catering to various segments which are not related to each other protects Company from a slowdown in any specific Industry

    The relevant quantitative factors are:

    Basic & Diluted EPSRONW (%)NAV (Rs.)
    31-Mar-217.9732.6324.43
    31-July-217.6624.33

    Getalong Enterprise IPO: Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Lakhs)
    Getalong Enterprise Limited10[●]7.6624.331706.34
    Listed Peers
    NA

    Getalong Enterprise IPO Lead Managers

    Lead Managers
    SHRENI SHARES PRIVATE LIMITED
    Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A,
    Survey No. A-12, Ram Nagar, Borivali (West),
    Mumbai- 400 092, Maharashtra, India
    Telephone: +91-22-2808 8456
    E-mail: shrenishares@gmail.com
    Investors Grievance e-mail: info@shreni.in
    Contact Person: Mr. Parth Shah
    Website: www.shreni.in
    SEBI Registration Number: INM000012759

    Getalong Enterprise IPO Registrar to offer

    Registrar to the Offer
    LINK INTIME INDIA PRIVATE LIMITED
    C-101, 1st Floor, 247 Park,
    L. B. S. Marg, Vikhroli (West),
    Mumbai – 400 083, Maharashtra, India
    Telephone: +91-22-4918 6200
    E-mail: getalong.ipo@linkintime.co.in
    Investor grievance e-mail: getalong.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Contact Person: Shanti Gopalakrishnan
    SEBI Registration No.: INR000004058

    Getalong Enterprise IPO – Other Details

    • Statutory Auditor – M/s A Y & Company, Chartered Accountants
    • Legal Counsel to the Company – NA
    • Bankers to the Company –  NA


    Getalong Enterprise IPO Review by Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


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      Getalong Enterprise Limited IPO News

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      News 2 – Getalong Enterprise IPO RHP Download


      Getalong Enterprise IPO Review FAQs

      Ques – What is the Issue Size of Getalong Enterprises IPO?

      Answer – The Company is making an initial public offer of 7,50,000equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      Ques – What is the Price band of Getalong Enterprises IPO?

      Answer – The price band for this particular IPO ranges between Rs 69. As far as the face value of the share is of concern, it is Rs.10 per share.

      Ques – What is the Getalong IPO Open Date?

      Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Sep 27, 2021, while the closing date is set at Sep 30, 2021.

      Ques – What is the Getalong Enterprise IPO Allotment Date?

      Answer – They also have the news regarding the respective allotment dates of Getalong Enterprise IPO. Basis of Allotment finalization is on Oct 5, 2021, refund initiation is on Oct 6, 2021, credit of shares is on Oct 7, 2021, and share listing date is on Oct 8, 2021.

      Ques – What is the Getalong IPO Listing Date?

      Answer – Shares of this company shall be listed in the exchanges on Oct 8, 2021. The date, when the listing would be done, is stagnant on Oct 8, 2021.

      Ques – Who is the Registrar of Getalong IPO?

      Answer – One of the reputed registrars is managing the issue of this IPO, i.e. LINK INTIME INDIA PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.

      Ques – Who is the Promoter of Getalong Enterprise IPO?

      Answer – Here are the promoters of this IPO – SWEETY RAHUL JAIN AND WESTPAC INVESTMENTS PRIVATE LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      Ques – What is the GMP of Getalong Enterprise IPO?

      Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Ques – Is Getalong Enterprise IPO good for Investment?

      Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      Ques – What is the PAT of Getalong Enterprise Company?

      Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year Mar 2021 in Lakh is 85.89. PAT from July 2021 is 107.82.


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