Go Fashion (India) Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹510(73.91%)
Premium (ELP)
Go Fashion (India) Limited's successfully transitioned to public market status with its listing on NSE, BSE on Nov 30, 2021. The IPO mobilized TBD in cumulative capital, including TBD for corporate expansion.
The public offering was conducted within the price parameters of ₹655 to ₹690, with minimum investment lots of 21 shares. subscription activity between Nov 17, 2021 and Nov 22, 2021 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Nov 25, 2021, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2010, Go Fashion (India) Limited is one of India’s largest women’s bottom-wear brands, offering a wide range of products under the brand 'Go Colors' with over 50 styles in more than 120 colors. The company manages design, sourcing, marketing, and retailing of its products through multiple channels, including 450 exclusive brand outlets across 23 states and union territories, large format stores like Reliance Retail, Central, Globus, and Spencer's, as well as online platforms and multi-brand outlets. Its large format store presence has grown from 925 stores in 2019 to 1,332 stores as of May 2021.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Leading Women’s Brand: One of India’s largest women’s bottom-wear brands.
- Diverse Product Portfolio: Wide range of products with first-mover advantage.
- Multi-Channel Retail: Strong presence across India through various retail channels.
- Efficient Operations: Strong unit economics with an optimized operating model.
- Robust Supply Chain: Extensive procurement base with automated supply chain management.
- In-House Design Expertise: Skilled team for product development and design.
- Strong Financial Track Record: Demonstrates consistent financial performance.
NA
- Prakash Kumar Saraogi
- Gautam Saraogi
- Rahul Saraogi
- Pks Family Trust
- Vks Family Trust
Go Fashion (India) Limited
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