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Go Fashion (India) Ltd.

Go Fashion (India) Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹690
₹690
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹690
Based on GMP
Min. Investment
₹14,490
1 lot × 21 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
17 Nov 2021
Close Date
22 Nov 2021
Allotment
25 Nov 2021
Listing Date
30 Nov 2021
Exchange
NSE & BSE
Price Band
₹690
Listing Price
See chart
Allotment Status
Price Band
₹690
Per share
Face Value
₹10 per share
 
Lot Size
21 Shares
per lot
Issue Size
1,46,89,983 shares (aggregating up to ₹1,013.61 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,490
1 lot
Pre-IPO Holding
5,21,97,390 shares
Promoters
Post-IPO Holding
5,40,08,984 shares
Promoters
UPI Deadline
2021-11-22
Mandate
Anchor AllotmentTue, 16 Nov 2021
Basis of AllotmentThu, 25 Nov 2021
Refund InitiationFri, 26 Nov 2021
Demat CreditMon, 29 Nov 2021
Listing DayTue, 30 Nov 2021
UPI Mandate Deadline2021-11-22
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares18,11,594 shares (aggregating up to ₹125.00 Cr)
Offer for Sale1,28,78,389 shares of ₹10 (aggregating up to ₹888.61 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Go Fashion (India) Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Nov 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
14,689,983
100% ₹1,013.61
IPO Shares Offered
Go Fashion (India) Ltd. IPO total issue size: ₹1,013.61 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 14,689,983 ₹1,013.61
100.00%
* Based on upper price band ₹690 per share
Lot Size & Investment
Lot Size
21
Shares per Lot
Issue Price
₹690.00
Upper Band
Min Investment
₹14,490
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)242₹28,980
Retail (Max — 13 Lots)13273₹188,370
S-HNI (Min — 14 Lots)14294₹202,860
B-HNI (Min — 70 Lots)701,470₹1,014,300
* Issue Price ₹690 × Lot Size 21 shares
IPO Schedule
Anchor
16 Nov 2021
✓ Done
IPO Open
17 Nov 2021
✓ Done
IPO Close
22 Nov 2021
✓ Done
Allotment
25 Nov 2021
✓ Done
Refunds
26 Nov 2021
✓ Done
Demat Credit
29 Nov 2021
✓ Done
Listing Day
30 Nov 2021
✓ Done
Go Fashion (India) Ltd. — Live Price LIVE
₹690.00
INR · BSE
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Issue ₹690.00 Live Price
About Go Fashion (India) Ltd.
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).Competitive strengths:One of the largest women's bottom-wear brands in IndiaWide, well-diversified, product portfolio and first-mover advantageMulti-channel retail presence across IndiaStrong unit economics with an efficient operating modelExtensive procurement base and automated procurement & supply chainIn-house expertise in developing and designing productsStrong financial performance record
Objects of the Issue
1
1 Funding roll out of 120 new EBOs
2
2 Funding working capital requirements
3
3 General corporate purposes
Go Fashion (India) Ltd. Financials (Amount in Crore)
Revenue from Operations
₹282.3
31-Mar-21
₹20.7
30-Jun-20
₹40.3
30-Jun-21
Profit After Tax (PAT)
₹3.5
31-Mar-21
₹8.6
30-Jun-20
₹19.0
30-Jun-21
Particulars30-Jun-2130-Jun-2031-Mar-21
Revenue from Operations 40.29 20.74 282.25
EBITDA N/A N/A N/A
Profit After Tax (PAT) 18.99 8.60 3.54
Net Worth N/A N/A N/A
Total Assets 530.65 534.70 548.37
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,46,89,983 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding5,21,97,390 shares
Post-Issue Promoter Holding5,40,08,984 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Dam Capital Advisors Ltd.
ICICI Securities Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Go Fashion (India) Ltd. IPO subscribed?

Go Fashion (India) Ltd. IPO is subscribed 1.00 times by Nov 22, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Go Fashion (India) Ltd. IPO retail subscription status?

The Go Fashion (India) Ltd. IPO retail category is subscribed 1.00 times as of 22 Nov 2021. The retail portion is oversubscribed.

How to subscribe Go Fashion (India) Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 17 Nov 2021 and closes 22 Nov 2021. Min investment: ₹14,490 (1 lot = 21 shares). UPI mandate: 2021-11-22.

How many times Go Fashion (India) Ltd. IPO subscribed?

The Go Fashion (India) Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Go Fashion (India) Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Nov 2021. Refunds: on 26 Nov 2021.

When Go Fashion (India) Ltd. IPO will be listed?

The Go Fashion (India) Ltd. IPO listing date is 30 Nov 2021, Tuesday. Listed on: NSE & BSE. Issue price: ₹690. Estimated listing: ₹690. GMP: NIL.

When Go Fashion (India) Ltd. IPO close?

The Go Fashion (India) Ltd. IPO closes on 22 Nov 2021, Monday. UPI mandate: 2021-11-22. Allotment: 25 Nov 2021. Listing: 30 Nov 2021.