Go Fashion (India) Limited is a women’s bottom-wear brand in India. The company is engaged in the development, design, sourcing, marketing, and retailing of a range of women’s bottom-wear products under its brand Go Colors. It offers one of the widest portfolios of bottom-wear products among women’s apparel retailers in India and holds a market share of approximately 8% in the branded women’s bottom-wear market in Fiscal 2020.
The company aims to raise Rs. 1013 crores through its public offer which includes fresh issue of equity shares aggregating up to Rs. 125 cores and offer for sale of 1.28 crore equity shares from the selling shareholders.
Financial Snapshot:
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2019 | 290.98 | 30.94 | 5.93 |
| March 2020 | 396.84 | 52.63 | 10.08 |
| March 2021 | 282.25 | -3.54 | -0.68 |
| Three months ended June 2020 | 20.74 | -8.60 | -1.65 |
| Three months ended June 2021 | 40.29 | -19.00 | -3.64 |
For more information, you can check out the IPO Prospectus filed by the company.
IPO Details:
| Issue Period | 17th November to 22nd November 2021 |
|---|---|
| Price Range | ₹ 655 to 690 per share |
| Minimum Bid Quantity | 21 and in multiples thereof |
| Finalisation of Allotment | 25th November 2021 |
| Initiation of Refunds | 26th November 2021 |
| Credit of Shares | 29th November 2021 |
| Listing Date | 30th November 2021 |
| Mandate end Date | 8th December 2021 |
How do I apply to the Go Fashion (India) Limited IPO?
You can apply for the Go Fashion (India) Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Go Fashion (India) Limited IPO?
You can check the allotment status for the Go Fashion (India) Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 25th November 2021.