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Go Fashion (India) Limited IPO
Mainboard₹14,490 / 21 Shares
Go Fashion (India) Limited IPO Details
The Go Fashion (India) Limited IPO price band is set between ₹655-690 equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 17 Nov, 2021 and closes on 22 Nov, 2021. Investors can check the allotment status on 25 Nov, 2021, while the listing date is tentatively scheduled for 30 Nov, 2021.
The total issue size is Total 1,013.61 Crores : 125 Crores Fresh Issue + 888.61 Crores Approx Offer for Sale, aggregating up to . Stay tuned for the latest Go Fashion (India) Limited IPO review and GMP updates.
Go Fashion (India) Limited IPO Review, Rating & Analysis
Go Fashion (India) Limited IPO Review
NO REVIEWGo Fashion (India) Limited IPO Rating
Go Fashion (India) Limited IPO Highlights
IPO Date
Nov 17, 2021 - Nov 22, 2021
Listing Date
30 Nov, 2021
Face Value
₹10 Per Equity Share
Price Band
₹655-690 equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Go Fashion (India) Limited IPO Lot Size
The minimum market lot for Go Fashion (India) Limited IPO is 21 shares with an application amount of ₹14,490. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,490 |
| Retail (Max) | 13 | 273 | ₹1,88,370 |
| S-HNI (Min) | 14 | 294 | ₹2,02,860 |
| S-HNI (Max) | 69 | 1449 | ₹9,99,810 |
| B-HNI (Min) | 70 | 1470 | ₹10,14,300 |
Go Fashion (India) Limited IPO Timeline
Issue Price
₹655-690 equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd),ICICI Securities Limited,JM Financial Consultants Private LimitedIssue Size
Total 1,013.61 Crores : 125 Crores Fresh Issue + 888.61 Crores Approx Offer for SaleGo Fashion (India) Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 548.36 | 282.25 | (3.53) | - | - | - |
| 31 Mar 20 | 519.18 | 396.83 | 52.63 | - | - | - |
| 31 Mar 19 | 404.13 | 290.97 | 30.94 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Prakash Kumar Saraogi
- Gautam Saraogi
- Rahul Saraogi
- Pks Family Trust
- Vks Family Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 57.47% | 52.79% |
About Company
Incorporated in 2010, Go Fashion (India) Limited is one of the largest women's bottom-wear brands in India. The company is engaged in the development, design, sourcing, marketing, and retailing of a range of women's bottom-wear products under the brand, Go Colors. The company offers one of the widest portfolios of bottom-wear products among women's apparel retailers in terms of colors and styles. As of May 31, 2021, Go Colors sold bottom-wear in over 50 styles in more than 120 colors.
As of May 31, 2021, the company has 450 exclusive brand outlets (EBOs) that are spread across 23 states and union territories in India. The company's distribution channels include large format stores (LFSs) including Reliance Retail Limited, Central, Unlimited, Globus Stores Private Limited, and Spencer's Retail among others. The company's LFSs have grown from 925 LFSs in 2019 to 1,332 LFSs in May 2021. The company also sells its products through its website, online marketplaces, and multi-brand outlets (MBOs).
Go Fashion (India) Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 44,06,996 | 22,03,497 | 14,68,998 | 80,79,491 |
Day 1 -17-11-21 05:00 PM | 0.25 x | 0.44 | 12.14 x | 2.46 x |
Day 2 -18-11-21 05:00 PM | 3.23 x | 2.30 | 24.64 x | 6.87 x |
Day 3 -22-11-21 05:00 PM | 100.74 x | 262.09 | 49.39 x | 135.40 x |
41.33 times
Frequently Asked Questions about Go Fashion (India) Limited IPO IPO
When will Go Fashion (India) Limited IPO open for subscription?
The Go Fashion (India) Limited IPO opens on 17 Nov, 2021 and closes on 22 Nov, 2021.
What is the investors portion for Go Fashion (India) Limited IPO?
The investors' portion for QIB is 100.74 x, NII is 262.09, and Retail is 49.39 x.
How to apply for Go Fashion (India) Limited IPO?
You can apply for Go Fashion (India) Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Go Fashion (India) Limited IPO?
The issue size of Go Fashion (India) Limited IPO is approx ₹Total 1,013.61 Crores : 125 Crores Fresh Issue + 888.61 Crores Approx Offer for Sale crores.
What is the price band of Go Fashion (India) Limited IPO?
The price band for Go Fashion (India) Limited IPO is ₹655 to ₹690 equity share.
What is the lot size of Go Fashion (India) Limited IPO?
The minimum bid (lot size) for Go Fashion (India) Limited IPO is N/A shares with an investment of approx ₹14,490 .
What is the allotment date of Go Fashion (India) Limited IPO?
The allotment date for Go Fashion (India) Limited IPO is 25 Nov, 2021.
What is the listing date of Go Fashion (India) Limited IPO?
The listing date for Go Fashion (India) Limited IPO is expected to be 30 Nov, 2021.
What is the GMP of Go Fashion (India) Limited IPO?
The latest Grey Market Premium (GMP) for Go Fashion (India) Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.