Go Fashion (India) Limited (GoColors) IPO opens on 17-NOV-2021 and it will close on 22-NOV-2021 as per the Red Herring Prospectus (RHP).
About the Go Fashion (India) Limited
The Company was incorporated on September 9, 2010 as a private limited company under the Companies Act, 1956, and was granted a certificate of incorporation by Registrar of Companies, Tamil Nadu at Chennai (“RoC”). The name of the Company was subsequently changed to Go Fashion (India) Limited upon conversion to a public limited company pursuant to the special resolution dated July 1, 2021 passed by the shareholders of the Company and a fresh certificate of incorporation was issued by the RoC on July 12, 2021.
A women’s bottom-wear brand in India, with a market share of approximately 8% in the branded women’s bottom-wear market in Fiscal 2020. The women’s apparel market is estimated to be approximately 36% of the total apparel market while the women’s bottom-wear market contributed 8.3% of women’s apparel market in Fiscal 2020
Registered Office: Sathak Center, 5th Floor, New No. 4, Old No. 144/2, Nungambakkam High Road, Chennai, Tamil Nadu 600 034
Contact Person: Gayathri Venkatesan, Company Secretary and Compliance Officer; Tel.: +91 44 4211 1777;
E-mail: firstname.lastname@example.org; Website: www.gocolors.com; Corporate Identity Number: U17291TN2010PLC077303
Go Fashion IPO – Promoters
PRAKASH KUMAR SARAOGI, GAUTAM SARAOGI, RAHUL SARAOGI, PKS FAMILY TRUST AND VKS FAMILY TRUST
Go Fashion IPO – COMPANY FINANCIALS
Summary of Restated Consolidated Financial Information
For the year/period ended ( ₹ in millions)
|Profit After Tax||(35.39)||526.34||309.41|
Total Revenue : 402.92 30-Jun-21 , 207.44 30-Jun-20
Profit After Tax (PAT): (189.96) 30-Jun-21 ,(85.98) 30-Jun-20
Total Assets: 5,306.47 30-Jun-21 , 5,346.99 30-Jun-20
Go Fashion IPO Date and Price Band
|Issue Open Date||17 November 2021|
|Issue Close Date||22 November 2021|
|Issue Type||Book Built Issue|
|Face Value||₹ 10 per equity share|
|IPO/Issue Price||₹ 655 to ₹ 690 per equity share|
|Market Lot||21 Shares|
|Min Order Quantity||21 Shares|
|Listing At||BSE, NSE|
Go Fashion IPO/ Issue Time Line [Tentative]
Issue Open Date
Issue Close Date
Basis of Allotment Date
Initiation of Refunds
IPO Listing Date
Go Fashion IPO Prospectus (RHP)
Go Fashion IPO Lead Managers
1. JM Financial Limited
2. DAM Capital Advisors Limited
3. ICICI Securities Limited
Go Fashion IPO Registrar
KFin Technologies Private Limited
(Formerly known as Karvy Fintech Private
Selenium, Tower B,
Plot No 31 and 32, Financial District,
Hyderabad, Rangareddi 500 032,
Tel: +91 40 6716 2222
Investor grievance e-mail:
Contact person: M. Murali Krishna
SEBI registration number: INR000000221
Go Fashion IPO FAQs
Ans. Go Fashion is a main-board IPO. The issue is priced at ₹ 655 to ₹ 690 per equity share.
OPEN: 17 2021 CLOSE: 22 November 2021
Q How to apply Go Fashion IPO through Upstox?
Ans. Login to Upstox with the credentials. Select the IPO – Go Fashion. Confirm your application. Block funds on your mobile UPI app. Open Demat Account Now With Upstox
Q When the Go Fashion IPO will Open?
Ans. The Go Fashion IPO Opens on 17 November 2021.
Q When the Go Fashion IPO will Close?
Ans. The Go Fashion IPO will close on 22 November 2021
Q What is Go Fashion IPO Price Band?
Ans. The Go Fashion IPO Price Band is ₹ 655 to ₹ 690 per equity share
Q What is the Go Fashion IPO Allotment Date?
Ans. The Go Fashion IPO allotment date is 25 November 2021.
Q What is the Go Fashion IPO Listing Date?
Ans. The Go Fashion IPO Listing Date is 30 November 2021.
Q What is the minimum lot size of Go Fashion IPO?
Ans. The minimum bid is 21 Shares.
Q Who is the Registrar of Go Fashion IPO?
Ans. KFin Technologies Private Limited. Visit their website for more information.
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