Go Fashion IPO will be open from 17 November 2021 to 22 November 2021. Go Fashion IPO GMP Kostak rate and Subject to Sauda updated as of Today. Go Fashion IPO Grey Market Premium has been Started with High Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
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.
Go Fashion IPO Issue size of ₹1013.61 Crores, in which Fresh Issue of ₹125 Crores and Offer For Sale of ₹888.61 Crores and issue price band has been fixed at ₹655 -₹690 Per Share. The Go Fashion IPO to be listed Soon on NSE and BSE.
What is Go Fashion IPO GMP Today?
■ The Go Fashion IPO GMP Today Or Grey Market Premium is ₹520-₹530.
What is Go Fashion IPO Kostak Rates Today?
■ The Go Fashion IPO Kostak rate is ₹250.
What is Go Fashion IPO Subject to Sauda Price Today?
■ The Go Fashion IPO Subject to Sauda rates is ₹9000.
Go Fashion IPO Approximately Returns?
■ The Go Fashion IPO’s approximate return is 70%-80%. And it can also change according to the Market Sentiment.
Go Fashion IPO GMP, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 30 Nov 2021 | List – ₹1310 | ₹250 | ₹9000 |
| 29 Nov 2021 | ₹520-₹530 | ₹250 | ₹9000 |
| 28 Nov 2021 | ₹520-₹530 | ₹250 | ₹9000 |
| 27 Nov 2021 | ₹520-₹530 | ₹250 | ₹9000 |
| 26 Nov 2021 | ₹480-₹490 | ₹250 | ₹7500 |
| 25 Nov 2021 | ₹520-₹530 | ₹250 | ₹7500 |
| 24 Nov 2021 | ₹440-₹450 | ₹250 | ₹7500 |
| 23 Nov 2021 | ₹360-₹370 | ₹250 | ₹6800 |
| 22 Nov 2021 | ₹320-₹330 | ₹250 | ₹6000 |
| 21 Nov 2021 | ₹460-₹470 | ₹250 | ₹7500 |
| 20 Nov 2021 | ₹460-₹470 | ₹250 | ₹7500 |
| 19 Nov 2021 | ₹480-₹490 | ₹300 | ₹8000 |
| 18 Nov 2021 | ₹480-₹490 | ₹300 | ₹8000 |
| 17 Nov 2021 | ₹570-₹580 | ₹300 | ₹8000 |
| 16 Nov 2021 | ₹540-₹550 | ₹300 | ₹6000 |
| 15 Nov 2021 | ₹360-₹370 | ₹300 | ₹5500 |
| 14 Nov 2021 | ₹360-₹370 | ₹0 | ₹0 |
| 13 Nov 2021 | ₹360-₹370 | ₹0 | ₹0 |
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 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 company only Happiest Minds Technology 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 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).
| Read also: All Upcoming IPO Grey Market Premium 2021 |
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.
Go Fashion IPO GMP FAQs :
How much is Go Fashion IPO GMP Today?
Go Fashion IPO GMP Today is ₹480-₹490.
How much is Go Fashion IPO Grey Market Premium?
Go Fashion IPO is Grey Market Premium ₹480-₹490 .
What is Go Fashion IPO Kostak Rate?
Go Fashion IPO Kostak Rate is ₹250.
What is Go Fashion IPO Subject to Sauda?
Go Fashion IPO Subject to Deals is ₹7500.
What are Go Fashion IPO Approx Returns?
Go Fashion IPO approx Returns is 40%-50%. And it can also change according to the Market Sentiment.
| Go Fashion IPO Details: Click Here Go Fashion IPO Subscription: Click Here Go Fashion IPO Allotment: Click Here Go Fashion IPO Listing: Click Here |
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