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The Organization Go Fashion (India) Limited, was launched in 2010, is one of the largest women’s bottom-wear brands in India. The company, known as ‘Go Colors,’ creates, designs, sources, distributes, and sells a wide range of women’s bottom-wear items. The company boasts one of the most extensive portfolios of bottom-wear items among women’s apparel retailers in terms of colour and style. As of May 31, 2021, Go Colors sold bottom-wear in over 50 patterns and 120 colours.
From may 31, 2021, the firm operated 450 exclusive brand stores (EBOs) across 23 Indian states and union territories. Large format shops (LFSs) such as Reliance Retail Limited, Central, Unlimited, Globus Stores Private Limited, and Spencer’s Retail, among others, are among the company’s distribution networks. From 925 LFSs in 2019 to 1,332 LFSs in May 2021, the company’s LFSs have increased. Additionally, the firm offers its items via its website, online marketplaces, and multi-brand retailers (MBOs).
Subscription Dates | 17 – 22 November 2021 |
Price Band | INR665 – 690 per share |
Fresh issue | INR125 crore |
Offer For Sale | 12,878,389 shares (INR856.41 – 888.61 crore) |
Total IPO size | INR981.41 – 1,013.61 crore |
Minimum bid (lot size) | 21 shares |
Face Value | INR10 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
| FY2019 | FY2020 | FY2021 | Q1 FY2022 |
Revenue | 291.0 | 396.8 | 282.3 | 40.3 |
Expenses | 248.8 | 328.6 | 285.4 | 58.7 |
Net income | 30.9 | 52.6 | (3.5) | (19.0) |
Margin (%) | 10.6 | 13.3 | (1.2) | (47.1) |
Earnings Per Share (EPS): (INR0.68)
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): (1.25%)
Net Asset Value (NAV): 54.21
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain/Loss(%) |
Go Fashion (India) Limited (GoColors IPO) | Nov 30, 2021 | 690 | 1252.6 | 81.54 |
NSE : GOCOLORS
ISIN CODE : INE0BJS01011
BSE : 543401
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| IPO Open Date | Nov 17, 2021 |
| IPO Close Date | Nov 22, 2021 |
| Basis of Allotment Date | Nov 25, 2021 |
| Initiation of Refunds | Nov 26, 2021 |
| Credit of Shares to Demat Account | Nov 29, 2021 |
| IPO Listing Date | Nov 30, 2021 |
Go Fashion India Limited
Sathak Center, 5th Floor,
New No. 4, Old No. 144/2,
Nungambakkam High Road,
Chennai, Tamil Nadu 600 034
Phone: +91 44 4211 1777
Email: companysecretary@gocolors.com
Website: www.gocolors.com
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Category | Shares Offered | Day 1 | Day 2 | Day 3 |
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Retail | ||||
Employees | ||||
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Go Fashion (India) Limited (GoColors IPO) is a main-board IPO of ₹[.] per equity shares of the face value of ₹10 aggregating up to ₹1,013.61 Crores. The issue is priced at ₹655 to ₹690 per equity share. The minimum order quantity is 21 Shares. The initial public offering (IPO) date Nov 17, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.
The Go Fashion (India) Limited (GoColors IPO) opening date is Nov 17, 2021 and closing date is Nov 22, 2021.
Go Fashion (India) Limited (GoColors IPO) Market lot size is 21 Shares and the minimum order quantity is 21 Shares.
Go Fashion (India) Limited (GoColors IPO) can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for Go Fashion (India) Limited (GoColors IPO) will be done on Nov 25, 2021 and the allotted shares will be credited to your demat account by Nov 29, 2021. Check theGo Fashion (India) Limited (GoColors IPO) allotment status.
The Go Fashion (India) Limited (GoColors IPO) listing date is Nov 30, 2021.
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