Getalong Enterprise Limited IPO

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The company has a diversified product portfolio and is mainly operating in three key segments which are:

• Export of Textiles
The Company procures semi-finished and finished goods from the manufactures and the market respectively.

• Trading in Gold Bullion
The Company purchases old gold/ornaments from retail customers/vendors. The procured old gold is then refined and converted into gold bars of various weights and compositions.

• Sale of Female Care Products
The Company is in wholesale buying of Female Care Products like sanitary napkins etc. The Company is the process of adding new products and enhancing the portfolio within the existing categories.

• Other Services
The Company also is into the various types of Management Consultancy and IT support services for various entities.

Competitive Strengths

i. Wide product portfolio
ii. Scalable Business Model
iii. Quality Assurance and Standards

Objects of the Getalong Enterprise Limited IPO:

The company proposes to utilize the Net Proceeds from the  fresh issue towards funding the following objects: 1. Funding working capital requirements 2. General corporate purposes

Getalong Enterprise Limited IPO Details:

Open Date: Sep 27 2021
Close Date: Sep 30 2021
Total Shares: 750,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 5.18 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 69 Per Equity Share
Listing At: BSE SME
Listing Date: Oct 08 2021

Promoters And Management:

i. Sweety Rahul Jain, aged 34 years is the Managing Director of the Company. She holds a bachelor’s degree in Mass Media and also holds master’s degree in Mass Communication and Journalism from Dr. Babasaheb Ambedkar Marathwada University, Aurangabad. She is on the Board of the Company since incorporation. She has been entrusted with the overall responsibility of the management of the Company and its affairs. Apart from her association with our Company, she is a director on the boards of Westpac Investments Private Limited ii. Neeraj Ashok Chothani, aged 32 years is the Executive Director of the Company. He is associated with the Company since its incorporation. He holds a master’s degree in Commerce from the University of Mumbai. He is also the Managing Director of our Group Company, Chothani Foods Limited. iii. Payal Vikram Jain, aged 30 years is the Non-Executive Non-Independent Director of the Company. Ms. Payal Vikram Jain is the Non-Executive Director of the Company. She is a Chartered Accountant in public practice with experience of over a decade. She also holds a degree in Law. She also holds certificates in Merchant Banking (NISM) and Insurance Broking (IRDA). She has vast knowledge in the field of taxation, finance, insurance, and investment advisory.

Financials of Getalong Enterprise Limited IPO:

Particulars (in Lakhs) For the period ended 31st Jul 21 For the period ended 31st Mar 21
Revenue from operations 1,545.00 6,240.00
Purchase of stock Trade 1,570.00 6,555.00
Change in Inventories -30.60 -193.74
Employee Benefit Expense 11.99 6.50
Other expenses 10.75 167.09
Operating Profit -17.14 -294.85
OPM% -1.11% -4.73%
Other income 160 410
Finance costs - 0.39
Depreciation and amortization 0.03 0
Profit before tax 144.00 114.00
Profit for the year 107 85
EPS 10 7.96

Lead Manager of Getalong Enterprise Limited IPO:


Registrar of Getalong Enterprise Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Getalong Enterprise Limited Office No. 402, B-Wing, Damji Shamji Corporate Square, Laxmi Nagar, Ghatkopar (East), Mumbai - 400 075 Phone: +91-85913 43631 Email: Website

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