The data analytics services company Go Fashion IPO will open on 10 November 2021 and close on 12 November 2021. The company wants to raise ₹600 crore through this IPO. The IPO will have a fresh issue of ₹474 crore and an offer for sale of ₹126 crore. The company fixed the price band of this IPO at ₹190 to ₹197 Per Share.
Go Fashion India Ltd, is a pioneer in branded bottom wear for women. The Company Offer a wide range of bottom wear in terms of colors and styles to go with any top, all available under the same roof. Our bottom-wear products, including churidars, leggings, dhotis, harem pants, patiala, palazzos, culottes, pants, trousers and jeggings, are sold across multiple categories such as ethnic wear, western wear, fusion wear, athleisure, denims, plus sizes and girls wear making our portfolio ‘universal’ and for every occasion.
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We design our products to cater to women across all age groups and girls and fits that are suitable to various body types and physiques.Our range gives customers a plethora of options to plan an outfit according to their need. With over 50 legwear styles in over 120 colors from ethnic to western and fusion wear – you will never miss out on the style you want to make up for your dinner date to just lounging around at home! We endeavour to provide our customers with premium quality products, and at a price range that is surprisingly affordable.
Go Fashion IPO Review :
■ Apply for Listing Gain And Long Term
Go Fashion IPO Date & Price Band & Details :
| IPO Open : | 17 November 2021 |
| IPO Close : | 22 November 2021 |
| IPO Size : | ₹1013.61. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹655–₹690 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1013.61. Cr |
| Fresh Issue : | ₹125. Cr |
| Offer For Sale : | ₹888.61. Cr |
Go Fashion IPO GMP :
| Check Out Now : | Go Fashion IPO GMP |
Go Fashion IPO Market Lot :
Go Fashion IPO Minimum Market lot is 1 Lot with 21 shares with ₹14,490 Application amount. The retail investors can apply up to 13 lots with 273 Shares or ₹188,370 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 21 Shares |
| Minimum Amount : | ₹14,490 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 273 Shares |
| Maximum Amount : | ₹188,370 |
Go Fashion IPO Shares Offer :
A Total of 14,689,983 shares are to be bid for the public issue by Go Fashion IPO with 18,11594 for Fresh issue and 12,878,389 for an offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 18,11,594 | ₹125.00 Cr |
| Offer For Sale : | 12,878,389 | ₹888.61 Cr |
| Total : | 14,689,983 | ₹1013.61 Cr |
Go Fashion IPO Reservation :
Go Fashion IPO Total Reservation of 14,689,983 shares are to be bid for the public issue by Go Fashion IPO with 22,842,639 for QIB and 4,568,528 for NII 3,045,685 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 11,017,487 | ₹760.21 Cr |
| NII : | 15% | 22,03,497 | ₹151.04 Cr |
| RII : | 10% | 14,68,998 | ₹101.36 Cr |
| EMP : | – % | – | ₹ |
| Total : | 100% | 14,689,983 | ₹1013.61 Cr |
Go Fashion IPO EPS :
The Go Fashion company’s EPS growth is decreasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-3M | ₹-3.64 |
| 2021 | ₹-0.68 |
| 2020 | ₹10.08 |
| 2019 | ₹5.93 |
Go Fashion IPO Peer Comparison PE :
The Go Fashion, According to DRHP of the Some top company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Page Industries Limited | 130.17 |
| 2. | Trent Limited | 592.73 |
| 3. | Bata India Limited | 1168.76 |
| 4. | Aditya Birla Fashion | N/A |
| 5. | TCNS Clothing Company | N/A |
Go Fashion IPO Dates :
Go Fashion IPO Date is 17 November and the close date is 22 November 2021. The allotment will be finalized on 25 November 2021 and the IPO may list on 30 November 2021.
| Open Date : | 17 November 2021 |
| Close Date : | 22 November 2021 |
| Allotment Date : | 25 November 2021 |
| Refund Date : | 26 November 2021 |
| Share Credit Date : | 29 November 2021 |
| Listing Date : | 30 November 2021 |
Go Fashion IPO Form :
There are two ways to apply in Go Fashion IPO. You can apply for Go Fashion IPO through ASBA available in your bank account. You have to go to your online bank login and select Go Fashion IPO in the Invest section and apply through your bank account. Another option is you can apply for Go Fashion IPO through IPO form download through NSE and BSE. See the Go Fashion IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Go Fashion Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021-3M | ₹402.92 | ₹586.66 | ₹189.96 |
| 2021 | ₹2,822.52 | ₹2,853.87 | ₹35.39 |
| 2020 | ₹3,968.39 | ₹3,285.53 | ₹526.34 |
| 2019 | ₹2,909.79 | ₹2,487.65 | ₹309.41 |
About Go Fashion Company
We are 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 (Source: Technopak Report). We are engaged in the development, design, sourcing, marketing and retailing a range of women’s bottom-wear products under the brand, ‘Go Colors’.
We are among the few apparel companies in India to have identified the market opportunity in women’s bottom-wear and have acted as a ‘category creator’ for bottom-wear. We were the first company to launch a brand exclusively dedicated to women’s bottom-wear category and have leveraged this advantage to create a direct-to-consumer brand with a diversified and differentiated product portfolio of premium quality products at competitive prices. (Source: Technopak Report).
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The share of organized retailing within women’s apparel has increased from 19% in Fiscal 2015 to 27% in Fiscal 2020 and is expected to reach 42% by Fiscal 2025. This rapid growth is attributable to a growing female population, increasing number of working women, evolving fashion trends, and rising spending power of consumers. In particular, women’s bottom-wear is the fastest growing category in the women’s apparel segment market and contributes to ₹ 135,470 million in Fiscal 2020 and is expected to grow at a CAGR of 12.35% to reach ₹ 243,150 million by Fiscal 2025.
The organised share of women’s bottom-wear market is expected to reach ₹ 92,400 million with a share of 38% in Fiscal 2025 growing at a CAGR of 24.3% until 2025.
The women’s clothing market in India has evolved in the past decade from the traditional one-piece apparel, like the saree, to a two-piece and mix-and-match apparel, with bottom-wear becoming an essential category that caters to basic and functional needs of consumers. Today, bottom-wear has become a must-have that provides comfort as well as style and is a round-the-year universal category that is not subject to seasonal trends. Historically, the bottom-wear market, being highly unorganized, has had limited options for consumers to access branded products of consistent quality.
We offered one of the widest portfolios of bottom-wear products among women’s apparel retailers in India in terms of colours and styles, as of July 2021 (Source: Technopak Report). Our bottom-wear products, which include churidars, leggings, dhotis, harem pants, patiala, palazzos, culottes, pants, trousers and jeggings, are sold across multiple categories such as ethnic wear, western wear, fusion wear, athleisure, denims, plus sizes and girls wear making our portfolio ‘universal’ and for every occasion.
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As of September 30, 2021, we sold bottom-wear in over 50 styles in more than 120 colours. We design our products to cater to women across all age groups and girls and fits that are suitable to various body types and physiques. These factors, coupled with the lack of seasonality, ensure that our portfolio is resistant to redundancy from fashion trends.
Our Company Strengths
- Women’s bottom-wear brand in India with well-diversified product portfolio
- Multi-channel pan-India distribution network with a focus on EBOs, enhancing brand visibility
- Strong unit economics with an efficient operating model
- Extensive procurement base with highly efficient and technology-driven supply chain management
- In-house expertise in developing and designing products
- Demonstrated track record of strong financial performance
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Company Promoters :
■ Prakash Kumar Saraogi
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Go Fashion IPO Lead Managers :
■ JM Financial Limited
■ DAM Capital Advisors Limited
■ ICICI Securities Limited
Go Fashion IPO Registrar :
KFin Technologies Private Limited
Selenium, Tower B, Plot No – 31 and 32
Financial District, Nanakramguda
Hyderabad, Rangareedi 500 032 Telangana, India
Tel: + 91 40 6716 2222
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.kfintech.com
Note: Check Go Fashion IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Go Fashion (India) Limited
Sathak Center, 5th Floor
New No.4, Old No.144/2
Nungambakkam High Road
Chennai 600 034
Tamil Nadu, India
Tel.: +91 44 4211 1777;
E-mail: [email protected]
Website: www.gocolors.com
Go Fashion IPO FAQs :
What is Go Fashion IPO?
Go Fashion IPO is Mainboard IPO. They are going to raise ₹1013.61. Crores via IPO. The issue is priced at ₹655-₹690 per equity share. The IPO is to be listed on NSE, BSE.
When Go Fashion IPO will open?
The IPO is to open on 17 Nov 2021 – 22 Nov 2021 for QIB, NII & RII.
What is Go Fashion IPO Size?
Go Fashion IPO size is ₹1013.61 Crores.
What is the Fresh issue size of Go Fashion IPO?
The Fresh issue size of Go Fashion IPO ₹125 Cr.
What is the Offer For Sale size of Go Fashion IPO?
The Offer For Sale size of Go Fashion IPO ₹888.61 Cr.
What is Go Fashion IPO Price Band?
Go Fashion IPO Price Band is ₹655-₹690 Per share.
What is Go Fashion IPO Minimum and Maximum Lot Size?
The minimum bid is 1 Lot, 21 Shares with ₹14,490 amount while the maximum bid is 13 Lot, 272 shares with ₹188,370.
What is Go Fashion IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Go Fashion IPO Allotment Date?
Go Fashion IPO allotment date is 25 November 2021.
What is Go Fashion IPO Listing Date?
Go Fashion IPO listing date is 30 November 2021. The IPO to list on NSE, BSE.
How to Apply the Go Fashion IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Fashion IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Go Fashion IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Fashion IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Go Fashion IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Go Fashion IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Go Fashion IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Go Fashion IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Go Fashion IPO GMP: Click Here Go Fashion IPO Subscription: Click Here Go Fashion IPO Allotment: Click Here Go Fashion IPO Listing: Click Here |
All Go Fashion IPO-related links are available here. If you want to know the details then click on Click Here Link.
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