Wadia Group’s airline company GoAir IPO Open tentative date Update Soon. The company has filed DRHP with market regulator SEBI on 14 May itself. The company will raise ₹3600 Crore through this IPO. GoAir Airlines is doing its rebranding in the name of GO First. This rebranding is a part of the IPO. GoAir has also applied for registration of the Go First trademark and logo in the DRHP submitted to market regulator SEBI. The airline said that it has already started using the new brand name and trademark. “Under the new brand, we are in the process of transforming our entire operation,” GoAir said. We believe that with our new brand, we can better engage customers.
During the lockdown of the 2020 Corona epidemic last year, all airlines are going through their toughest phase. All airline flights are stalled in the meantime. And even GoAir has not escaped its effects. But after recovering from this difficult phase, now Goair is going to bring GoAir IPO.
GoAir was launched in 2005. It has more than 56 aircraft in its fleet. GoAir’s fleet consists of 56 aircraft, of which 46 aircraft were A320 aircraft and 10 A320 is the CEO model. As of January 31, 2020, the company operates 37 destinations – 28 domestic and 9 international flights. The airline’s network is spread across cities in India and abroad.
GoAir IPO Review :
■ Coming Soon
GoAir IPO Date & Price Band & Details :
| IPO Open : | 08 December 2021 |
| IPO Close : | 10 December 2021 |
| IPO Size : | ₹3600. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹ – ₹ Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹3600. Cr |
| Fresh Issue : | ₹ -. Cr |
| Offer For Sale : | ₹ -. Cr |
Go Air IPO GMP :
| Check Out Now : | Go Air IPO GMP Check Now |
GoAir IPO Market Lot :
Go Air IPO Minimum Market lot is – Lot with – shares with ₹ Application amount. The retail investors can apply up to – lots with – Shares or ₹ amounts.
| Minimum Lot Size : | – Lot |
| Minimum Share : | – Share |
| Minimum Amount : | ₹ |
| Maximum Lot Size : | – Lot |
| Maximum Shares: | – Share |
| Maximum Amount | ₹ |
GoAir IPO Shares Offer :
A total of – shares are to be bid for the public issue by Go Air IPO with – for Fresh issue and – for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | – | ₹ |
| Offer For Sale : | – | ₹ |
| Total : | – | ₹ |
GoAir IPO Reservation :
Go Air IPO Total Reservation of – shares are to be bid for the public issue by Go Air IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 75 % | – | ₹ |
| NII : | 15 % | – | ₹ |
| RII : | 10 % | – | ₹ |
| EMP : | – % | – | ₹ |
| Total : | 100 % | – | ₹ |
Go Air IPO EPS :
The Go Air company’s EPS growth is decreasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2020 | ₹82.48 |
| 2019 | ₹25.47 |
| 2018 | ₹2.08 |
Go Air IPO Peer Comparison PE :
The Go Air, According to DRHP of the Some company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Interglobe Aviation Limited | N/A |
| 2. | Spicejet Limited | N/A |
GoAir IPO Dates :
Go Air IPO Date is 08 December and the close date is 10 December 2021. The allotment will be finalized on Not Declare and the IPO may list on Not Declare.
| Open Date : | 08 December 2021 |
| Close Date : | 10 December 2021 |
| Allotment Date : | December 2021 |
| Refund Date : | December 2021 |
| Share Credit Date : | December 2021 |
| Listing Date : | December 2021 |
GoAir IPO Form :
There are two ways to apply in GoAir IPO. You can apply for GoAir IPO through ASBA available in your bank account. You have to go to your online bank login and select GoAir IPO in the Invest section and apply through your bank account. Another option is you can apply GoAir IPO through IPO form download through NSE and BSE. See the GoAir IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
GoAir Company Financial Report (Cr) :
| Year | Revenue | Expense | P&L |
| 2020 | ₹72,580.1 | ₹91,617.3 | ₹12,707.4 |
| 2019 | ₹59,367.5 | ₹68,459.4 | ₹3,866.0 |
| 2018 | ₹46,011.5 | ₹47,043.6 | ₹312.1 |
About GoAir
GoAir is the aviation foray of India’s Wadia Group, which is a part of one of the oldest conglomerates in India with a presence in diversified industries. The Wadia group comprises leading brands including 150-year-old The Bombay Burmah Trading Corporation Limited, 140-year-old Bombay Dyeing and Manufacturing Company Limited, 102-year-old Britannia Limited, 66-year-old National Peroxide Limited, the decade-old Wadia Reality Private Limited, and many others. GoAir is a low-cost carrier (LCC) that aims to make air travel affordable and accessible to the masses. GoAir was incorporated on April 29, 2004, and commenced flight operations in November 2005 with its inaugural flight from Mumbai to Ahmedabad. It has flown 83.8million passengers since fiscal 2010 and as of December 31, 2020.
We promote our brand and our simple brand message of ‘Fly Smart’ to our passengers. Our airline has been the industry leader for on-time performance for 15 consecutive months between September 2018 and November 2019 and had the least flight cancellations for fiscal 2021 and as of January 31, 2021. It has the second-highest load factor of 88.9% during fiscal 2020, with one of the lowest customer complaints in the industry in fiscal 2021 for the period up to January 31, 2021. As of February 10, 2021, the GoAir fleet comprises 56 aircraft, of which 46 aircraft were A320 aircraft and 10 were A320 CEO models.
We currently have an order book of 98 A320 NEO aircraft and expect to take delivery of eight additional A320 NEOs, in fiscal 2022, 14 in fiscal 2023, and 14 in fiscal 2024.
We strive to follow the best safety practices. Our commitment to safety and security is reflected in the maintenance of our aircraft and engines, the extensive training given to pilots, cabin crew, and employees, and the strict policies and procedures in compliance with the local regulations, international standards, and best practices regarding all areas of our business that are involved with the operation of our aircraft.
As of January 31, 2020, GoAir operates flights across 37 destinations – 28 domestic and 9 international. The airline’s network is spread across cities in India and abroad.
Our Company Strenghts
- Simple, fuel-efficient and next generation fleet
- Strong focus on operational efficiency and reliability
- Established position in slot-constrained airports, with best in class efficiency
- Selling experiences for the young Indian leisure and MSME traveller
- Demonstrated track record of growth across key performance indicators
- Highly experienced Board and management team compliant with corporate governance and backed by the Wadia group.
Company Promoters :
■ Nusli Neville Wadia
GoAir Board of Directors
| Name | Designation |
| Nusli Neville Wadia | Chairman and NonExecutive Director |
| Ness Nusli Wadia | Non-Executive and NonIndependent Director |
| Ben Baldanza | Vice-Chairman, NonExecutive and NonIndependent Director |
| Yashwant Shankarrao Patil Thorat | Non-Executive and Independent Director |
| Keki Manchersha Elavia | Independent Director |
| Vinesh Kumar Jairath | Independent Director |
| Apurva Shishir Diwanji | Independent Director |
| Vijay Kelkar | Independent Director |
| Tanya A. Dubash | Non-Executive and Independent Director |
| Varun Berry | Independent Director |
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
GoAir IPO Lead Managers :
■ ICICI Securities Limited
■ Citigroup Global Markets India Private Limited
■ Morgan Stanley India Company Private Limited
GoAir IPO Registrar :
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bhadur Shastri Marg
Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: (+91 22) 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in
Note: Check GoAir IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Go Airlines (India) Limited
Registered Office:
C/O Britannia Industries Limited, A-33,
Lawrence Road Industrial Area,
New Delhi 110 035,
National Capital Territory of Delhi
Telephone no.: (+91 11) 7156 8136
Corporate Office:
First Floor, C-1, Wadia International Centre,
Pandurang Budhkar Marg,
Worli, Mumbai 400 025,
Maharashtra
Telephone no.: (+91 22) 6741 0000
Website: www.goair.in
Go Air IPO FAQs :
What is Go Air IPO?
Go Air IPO is Mainboard IPO. They are going to raise ₹3600. Crores via IPO. The issue is priced at ₹-₹ per equity share. The IPO is to be listed on NSE, BSE.
When Go Air IPO will open?
The IPO is to open on 08 Dec 2021 – 10 Dec 2021 for QIB, NII & RII.
What is Go Air IPO Size?
Go Air IPO size is ₹3600 Crores.
What is the Fresh issue size of Go Air IPO?
The Fresh issue size of Go Air IPO ₹ Cr.
What is the Offer For Sale size of Go Air IPO?
The Offer For Sale size of Go Air IPO ₹ Cr.
What is Go Air IPO Price Band?
Go Air IPO Price Band is ₹-₹ Per share.
What is Go Air IPO Minimum and Maximum Lot Size?
The minimum bid is – Lot, – Shares with ₹ amount while the maximum bid is – Lot, – shares with ₹.
What is Go Air IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Go Air IPO Allotment Date?
Go Air IPO allotment date is Not Declare .
What is Go Air IPO Listing Date?
Go Air IPO listing date is Not Declare. The IPO to list on NSE, BSE.
How to Apply the Go Air IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Air 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 Air IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Air 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 Air 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 Air 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 Air 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 Air 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 Air IPO GMP: Click Here Go Air IPO Subscription: Click Here Go Air IPO Allotment: Click Here Go Air IPO Listing: Click Here |
All Go Air IPO-related links are available here. If you want to know the details then click on Click Here Link.
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