Go Fashion (India) Limited (GoColors) IPO Details – Date, Price, Allotment

Home » Stock Market » IPO » Go Fashion (India) Limited (GoColors) IPO Details – Date, Price, Allotment

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: companysecretary@gocolors.com; 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)

Particulars
 31-Mar-2131-Mar-2031-Mar-19
Total Revenue2,822.523,968.392,909.79
Profit After Tax(35.39)526.34309.41
Total Assets5,483.675,191.864,041.31

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 Date17 November 2021
Issue Close Date22 November 2021
Issue TypeBook Built Issue
Face Value₹ 10 per equity share
IPO/Issue Price₹ 655 to ₹ 690 per equity share
Market Lot21 Shares
Min Order Quantity21 Shares
Listing AtBSE, NSE

Go Fashion IPO/ Issue Time Line [Tentative]

17 November 2021

Issue Open Date

Issue Close Date

22 November 2021
25 November 2021

Basis of Allotment Date

Initiation of Refunds

26 November 2021
29 November 2021

Credit of Shares to Demat Account

IPO Listing Date

30 November 2021

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
Limited)
Selenium, Tower B,
Plot No 31 and 32, Financial District,
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032,
Telangana, India
Tel: +91 40 6716 2222
E-mail: gofashion.ipo@kfintech.com
Investor grievance e-mail:
einward.ris@kfintech.com
Website: http://www.kfintech.com
Contact person: M. Murali Krishna
SEBI registration number: INR000000221

Go Fashion IPO FAQs

Q What is Go Fashion IPO?


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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