Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Mon, Sep 27, 2021 - Thu, Sep 30, 2021
Getalong Enterprise IPO is a fixed price issue of ₹5.18 crores. The issue is entirely a fresh issue of 0.08 crore shares of ₹5.18 crore.
Getalong Enterprise IPO bidding started from Sep 27, 2021 and ended on Sep 30, 2021. The allotment for Getalong Enterprise IPO was finalized on Oct 5, 2021. The shares got listed on BSE SME on Oct 8, 2021.
Getalong Enterprise IPO price is ₹69 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,38,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,76,000.
Shreni Shares Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Refer to Getalong Enterprise IPO RHP for detailed Information.
IPO Open
Mon, Sep 27, 2021
IPO Close
Thu, Sep 30, 2021
Issue Price
₹69 per share
Market Cap (Pre-IPO)
₹12.62 Cr
| IPO Date | 27 to 30 Sep, 2021 |
| Listed on | Fri, Oct 8, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹69 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 7,50,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 38,000 shares Shreni Shares Ltd. (agg. up to ₹0.2622 Cr) |
| Fresh Issue (Ex Market Maker) | 7,12,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 7,12,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 10,78,400 shares |
| Share Holding Post Issue | 18,28,400 shares |
| BSE Script Code | 543372 |
| ISIN | INE0H1201012 |
Getalong Enterprise IPO comprises a total issue size of 7,50,000 shares. The net offer to the public is 7,12,000 shares, after excluding 38,000 shares allotted on a firm basis. Of the Net offer 3,56,000 (50.00%) allocated to NII 3,56,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 3,56,000 | 50.00% | 47.47% |
| Retail Shares Offered | 3,56,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 38,000 | 5.07% | |
| Total Shares Offered | 7,50,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,38,000 |
| Retail (Max) | 1 | 2,000 | ₹1,38,000 |
| HNI (Min) | 2 | 4,000 | ₹2,76,000 |
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.
Competitive Strengths
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements | 3.90 |
| 2 | General corporate purposes | 0.75 |
The Getalong Enterprise Limited IPO is subscribed 2.09 times on September 30, 2021 5:14:00 AM (Day 4). The public issue subscribed 2.11 times in the retail category, [.] times in the QIB category, and 2.07 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.07 | 3,56,000 | 7,38,000 |
| Retail | 2.11 | 3,56,000 | 7,50,000 |
| Total | 2.09 | 7,12,000 | 14,88,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees, Underwriting Commission, Market Making Charges, Commission/processing fees for SCSBs, Brokerage and selling commission for Registered Brokers, CRTAs and CDPs | 0.38 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Advertising and Marketing Expenses | 0.04 |
| 4 | Listing Fee and Other Regulatory Expenses including fees paid/payable to Stock Exchanges and Depositories | 0.04 |
| 5 | Printing & Stationery and Postage expenses | 0.02 |
| 6 | Others (Fees Payable to Auditor, Fees to Legal Advisor and Miscellaneous Expenses) | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹69.00 |
| Open | ₹73.05 |
| Low | ₹72.10 |
| High | ₹76.70 |
| Last Trade | ₹76.70 |
Lead Manager Reports
Getalong Enterprise IPO is a SME IPO of 7,50,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹69 per share. The minimum order quantity is 2000.
The IPO opens on Mon, Sep 27, 2021, and closes on Thu, Sep 30, 2021.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Getalong Enterprise IPO using UPI as a payment gateway. Zerodha customers can apply in Getalong Enterprise IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Getalong Enterprise IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Getalong Enterprise IPO opens on Mon, Sep 27, 2021 and closes on Thu, Sep 30, 2021.
Getalong Enterprise IPO lot size is 2000, and the minimum amount required for application is ₹1,38,000.
You can apply in Getalong Enterprise IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Getalong Enterprise IPO will be done on Tuesday, October 5, 2021, and the allotted shares will be credited to your demat account by Thu, Oct 7, 2021. Check the Getalong Enterprise IPO allotment status.
The Getalong Enterprise IPO listing date is on Fri, Oct 8, 2021.
