Getalong Enterprises was incorporated on September 21, 2021. The company has a diversified product portfolio and is mainly operating in three key segments which are, the export of textiles, trading in gold bullion, and sale of female care products.
| Bidding Dates |
|---|
| 27 Sep 2021 - 30 Sep 2021 |
| Subscription |
|---|
| 2.09x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,38,000 | 1 | 1 | 2000 | 750.0 K | ₹69 | 58.98 % | ₹51.8 M | RHP DOC |
Getalong Enterprises IPO SUBSCRIPTION STATUS
30 Sep '21Getalong Enterprises IPO overall subscription rate was 2.09 times the total available shares
Getalong Enterprises IPO retail subscription rate was 2.11 times in the retail segment
Getalong Enterprises IPO non-institutional investor subscription rate was 2.07 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
28 Sep 2021 (Day 2) | 0.87x | 1.98x | - |
29 Sep 2021 (Day 3) | 1.37x | 1.98x | - |
30 Sep 2021 (Day 4) | 2.11x | 2.07x | - |
27 Sep 2021 (Day 1) | 0.26x | 1.93x | - |
Getalong Enterprises FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 4MFY22 | 10.8 | 154.6 | 23.5 | 1.3 |
| FY21 | 8.6 | 624.0 | 5.5 | 0.9 |
Getalong Enterprises IPO SUBSCRIPTION STATUS DETAILS
Getalong Enterprises had 750.0 K shares on offer
Getalong Enterprises IPO offer price was ₹69
Getalong Enterprises IPO minimum Investment was ₹138000
Getalong Enterprises IPO issue size was ₹ 51.8 M
Getalong Enterprises had a minimum lot size of 2000 Shares per application
Getalong Enterprises NUMBER OF SHARES ON OFFER
Getalong Enterprises IPO IMPORTANT DATES
| Issue Open Date | 27 Sep 2021 |
| Issue close Date | 30 Sep 2021 |
| Allotment Date | 05 Oct 2021 |
| Refund Date | 06 Oct 2021 |
| Demat Account Credit Date | 07 Oct 2021 |
| Listing Date | 08 Oct 2021 |
| Listing on Exchange(s) | BSE |
| Getalong Enterprises Allotment Status | Exchange |
Getalong Enterprises IPO subscription opened on 27 Sep 2021, and closed on 30 Sep 2021
IPO allotment for Getalong Enterprises was finalized on Tuesday, 05 Oct 2021
IPO listing for Getalong Enterprises was on BSE on Friday, 08 Oct 2021
Getalong Enterprises IPO LISTING GAINS
| Issue Price (adjusted) | 6.9 |
| Listing Open Price | 72.2 |
| Listing Close Price | 76.7 |
| Listing Gain% | 4.6% |
| Current Gain% | 11.6% |
Getalong Enterprises Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Getalong Enterprises Ltd. | 7.7 | 1.4 | 23.1 | -0.2 | 1 | 4.3 | 4 | 1.4 | -44.4 | 0.7 | -64 | 0.3 | -96.7 |
| Central Mine Planning & Design Institute Ltd. | 250.1 | 17860 | 26.8 | 18.8 | 2397.4 | 10.1 | 613.2 | -8.1 | |||||
| Engineers India Ltd. | 240.6 | 13522.7 | 19.6 | 1 | 3.4 | 22 | 11.8 | 4123.2 | 27 | 691.6 | 19.3 | 12.3 | 19.3 |
| Qualitek Labs Ltd. | 450 | 449.1 | 30.8 | 9.6 | 5.4 | 125 | 76.8 | 14.6 | 131.7 | 14.6 | |||
| Monarch Surveyors and Engineering Consultants Ltd. | 231 | 327 | 8.8 | 16.1 | 13.8 | 176.8 | 13.6 | 37.2 | 6.9 | 26.3 | |||
| Likhami Consulting Ltd. | 299 | 297.5 | 934.7 | 96.6 | 374 | 0.7 | 0.7 | 0.8 | 15.9 | 0.2 | 6.4 | 0.3 | 9.7 |
Getalong Enterprises INFORMATION ON IPO ISSUE
About Getalong Enterprises
Getalong Enterprises was incorporated on September 21, 2021. The company has a diversified product portfolio and is mainly operating in three key segments which are, the export of textiles, trading in gold bullion, and sale of female care products.
Object of the Issue
- Funding working capital requirements
- General corporate purposes
Getalong Enterprises - PROMOTERS
| Name |
|---|
| Sweety Rahul Jain |
| Westpac Investments Private Limited |
Getalong Enterprises Lead Manager
Sherni Shares Private Limited
shrenishares@gmail.com
Getalong Enterprises Registrar to the Offer
Link Intime India Private Limited
getalong.ipo@linkintime.co.in
Getalong Enterprises Strengths
Wide product portfolio
The company has, a wide product portfolio catering to customers in diverse segments as a result of which, it has been able to establish trusted relationships with these customers
Strong supplier base
The company has developed a robust supply chain for the sourcing of a wide variety of products that it offers
Scalable business model
The company's business model is customer-centric and order driven
Getalong Enterprises Risks
Limited operating history
The company has a very limited operating history of operations, which may make it difficult for investors to evaluate historical performance or future prospect
Long term agreements with customers
The company has business with customers on a purchase order basis and does not have long-term agreement with them
IPO FAQs
Getalong Enterprises Ltd. IPO listing opened at Rs 72.20 while the issue price was Rs 69.00 giving 4.64% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 6.90 giving 11.59% gains since its IPO listing.
The promoters of the company are Sweety Rahul Jain and Westpac Investments Private Limited.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 69.0 - 69.0.
The IPO application opens on Sep 27, 2021 and closes on Sep 30, 2021.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 138,000.0, the maximum value for this IPO is Rs 138,000.0.
This IPO will be allotted on Oct 05, 2021.
The refund will be credited to your account on Oct 06, 2021.
The allotted shares will be credited to your demat on Oct 07, 2021.
Getalong Enterprises Ltd.’s shares listed on the stock exchanges on Oct 08, 2021.