Go Fashion IPO
subscription to start from November 17, Wednesday and it will close on November 22, 2021, The retail portion of this IPO is 10%, QIB is 75% and HNI is 15% quota. The company to raise ₹1014 crores via IPO at a price band of ₹655 to ₹690. The minimum bid for the IPO is 21 shares that cost ₹14,490 for 1 lot. The grey market
is showing strong status of around ₹350 and the demand is on a higher side. The Chennai based Go Fashion (India) Limited is one of the largest women’s bottom-wear brands. They have wide rage of bottom-wear products among women’s apparel retailers in terms of colors and styles. They are selling the under the brand of ‘Go Colors’. The company reported ₹282 crores of revenues in 2021 against ₹397 crores in 2020. Please check the Go Fashion IPO details over here.
The Go Fashion IPO minimum market lot is 21 shares with ₹14,490 application amount. The retail investors can apply up-to 13 lots, 273 shares with ₹188,370 application amount.
The Go Fashion IPO date is 17 November 2021 and the IPO close date is 22 November 2021. The allotment date is 25 November 2021 and the IPO may list on 30 November 2021.