IPO (initial Public Subscription) is a medium in the share market where a company is eligible to raise its capital through offering shares in the Public. According to the company’s performance in the market, people purchase their shares as per-share value. Although the general public gets to know where they should buy or invest. An IPO is basically signed by one or more investment banks, who have listed the shares on one or more stock exchanges. In economics, we have seen a transition in every fashion industry. Right now, we are going to provide you with details regarding Go Fashion IPO which is all set to launch in the upcoming days.
What Is Go Fashion? When WIll Go Fashion IPO Launch?
Go Fashion (India) Limited is a well-known corporation in the fashion industry. The company involves in designing, who promotes and doing business in women bottom wear. They design different categories of women bottom wear. That’s why they have been called ‘category creators’. This company always follows the latest trends. The company promotes and advertise their products for selling with the brand name “Go colours”.
Here, they have different varieties in bottom wear like churidars, leggings, dhotis, harem pants, Patiala, palazzos, culottes, pants, trousers and jeggings. They have also western wear, fusion wear, athleisure, denim is sold. They advertise their products by making portfolios ‘universal ‘for every event. The company have categorized for all age group of girls. There are more than 50 styles and 120 colours. Go and visit the Go Fashion for every detail.
These are the following points of company strength
- Go colours brand is India’s largest women bottom wear brand
- They have expertise in house design and developments
- They have financial strong as between 2019 and 2020
- More than 450 exclusive branded products in all over states and union territories.
- They have an online platform for selling their product and multi-brand products.
- Reliance Retail limited, and Spencer’s Retail Limited, Central, Unlimited are the distribution partner of Go Fashion
Go Fashion IPO Date & Price Band
| IPO Opening Date: | 17th November 2021 |
| IPO Closing Date: | 22nd November 2021 |
| Size: | Approx ₹1014 Crores |
| Fresh Issue: | Approx ₹125 Crores |
| Offer for Sale: | Approx 12,878,389 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹655 to ₹690 Per Equity Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Go Fashion IPO Lot Size & Details
| Minimum Lot Size: | 21 Shares for 1 lot |
| Minimum Amount: | ₹14,490 for 1 lot |
| Maximum Lot Size: | 273 Shares for 13 lot |
| Maximum Amount: | ₹188,370 for 13 lot |
Go Fashion IPO Tentative Table, Listing, & Allotment Status
Go fashion opening date of IPO is 17th November 2021 and its closing date is 22nd November, and below on the table shown all IPO details of a company.
| Price band announcement | 12 November |
| Anchor investment allotement | 16 November |
| IPO open date | 17 November |
| IPO closing date | 22 November |
| Basis of allotment | 25 November |
| refunds | 26 November |
| Credit to Demat account | 29 November |
| IPO listing date | 30 November |
How to Apply to Go Fashion IPO?
How to Apply to Go Fashion IPO? You can apply for Go Fashion IPO through ASBA available in your bank account. Simply go to the online bank login and apply through your bank account by selecting IPO in the investment section. Second Option You can apply IPO through the Download IPO form through NSE and BSE. Go Fashion View Form NSE Form & BSE Form Download blank IPO form, fill and submit at your bank or with your broker. So, stay connected with All Social Updates for more upcoming IPOs.