Getalong Enterprise Limited
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Getalong Enterprise Limited's successfully completed its Initial Public Offering and commenced trading on Oct 08, 2021 at the BSE exchange. The company raised 7,50,000 Shares through this public offering, comprising 7,50,000 Shares in fresh capital.
The IPO was priced within the band of ₹69 to ₹69, with minimum application lots of 2000 shares. The offering attracted significant investor interest during its subscription period from Sep 27, 2021 to Sep 30, 2021.
Share allotment was finalized on Oct 05, 2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Getalong Enterprise Ltd operates across three main business areas: textile exports, gold bullion trading, and female hygiene care products. The company exports ready-made garments to African and Middle Eastern markets, refines old gold into bars of different weights for wholesale trading, and sources female care products like sanitary napkins and panty liners, which are repackaged and sold under its own brand in the retail market. In addition to these activities, the company also provides management consultancy and IT support services to various businesses.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Product Range: Serves diverse customer needs.
- Strong Supply Chain: Robust and reliable operations.
- Customer-Centric Model: Order-driven approach focused on customers.
- Quality Standards: Maintains strict quality assurance practices.
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