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IPO Status: Listed [17th Nov 2021 to 22nd Nov 2021]
Go Fashion (India) Limited, popular as Go Colors is coming up with an IPO of Rs. 125 Cr fresh issue and an offer for sale of 12,878,389 shares to hit the market soon to list on the BSE and NSE platform. The IPO opens for subscription from 17 Nov to 22 Nov 2021. The IPO price band is fixed at Rs. 655-690 and one can apply for the bid lot of 21 shares and its multiple. Stay updated with us to know more about the Go Fashion (Go Colors) IPO issue size, minimum order amount, business overview, company financials, live subscription, allotment status, and more.
| IPO Issue Opening Date: | 17th Nov 2021 |
| IPO Issue Closing Date: | 22nd Nov 2021 |
| IPO Issue Price: | ₹655-690 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 18.18 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹1013.61 Cr |
| Offer for Sale: | Upto 12,878,389 Shares |
| Fresh Issue: | ₹150 Cr |
| Face Value: | ₹10 Per Equity Share |
| IPO Discount: | NA |
| Promoter Holding Pre IPO: | 57.47% |
| Promoter Holding Post IPO: | 52.78% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543401 |
| NSE Code: | GOCOLORS |
Get important updates regarding Go Fashion IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 25th Nov 2021 |
| Refunds Initiation* | 26th Nov 2021 |
| Credit of Shares to Demat* | 29th Nov 2021 |
| IPO Listing Date* | 30th Nov 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹655-690 |
| Market Lot: | 21 Shares |
| 1 Lot Amount: | ₹14490 |
| Min Small HNI Lots(2-10 Lakh): | 294 shares (14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 30-11-2021 | 690 | 495 | -- | ₹1185 (71.74%) | 30-Nov-2021 9:06 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Go Fashion or Go Colors is a popular women's bottom wear brand in India with an 8% market share in Fiscal 2020. The company is engaged in the development, designing, sourcing, marketing, and retailing of a range of female bottom wear products under the brand "Go Colors". It has positioned itself as a creator in the bottom wear segment by introducing diversified products i.e. churidars, leggings, dhotis, harem pants, Patiala, palazzos, culottes, pants, trousers, and jeggings across ethnic, western, fusion, athleisure, and denim.
As of Sept 2021, it has sold over 50 bottom wear styles in 120+ colors. It caters to the demand of all types of customers across varied income segments with its product prices ranging from Rs. 225 to Rs. 1599. The company has 459 Exclusive Brand Outlets (EBOs) including 12 kiosks across 23 states and union territories in India.
| Incorporation | Sector | IPO Issue Size | Website |
| 2010 | Other Apparels & Accessories | ₹1013.61 Cr | http://www.gocolors.com/ |
The company aims to utilize the net proceed towards the following purposes;
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 4,406,996 (54.55%) | 2,203,497 (27.27%) | 1,468,998 (18.18%) | 8,079,491 | |
| 1 | 17th Nov 2021 17:02 | 0.25x | 0.44x | 12.14x | 2.46x |
| 2 | 18th Nov 2021 17:02 | 3.24x | 2.30x | 24.64x | 6.87x |
| 3 | 20th Nov 2021 07:52 | 3.24x | 2.30x | 24.64x | 6.87x |
| 4 | 22nd Nov 2021 19:03 | 100.73x | 262.08x | 49.70x | 135.46x |
| Go Fashion Financials (₹ in Cr) | 30-Jun-2021 | 31-Mar-2021 | 31-Mar-2020 | 31-Mar-2019 |
|---|---|---|---|---|
| Total Assets | ₹530.65 | ₹548.37 | ₹519.19 | ₹404.13 |
| Total Income | ₹40.29 | ₹282.25 | ₹396.84 | ₹290.98 |
| Net Profit/Loss | ₹(19) | ₹(3.54) | ₹52.63 | ₹30.94 |
Last Updated on 16-Dec-2021 10:28:31
IPO OPEN Date : 17 NOV, 2021
IPO CLOSE Date : 22 NOV,2021
FV : 10/-
Price : 655/- TO 690/-
Market Lot : 21 Shares
App Amt : 14,490.00
Size : 1013.60 Cr
Retail : 10%
Retail Form : 69,952 LOTS
Listing At : BSE, NSE
Registrar : KFinTech
Allotment : 26-Nov-2021
Listing : 30-Nov-2021