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Open
17 Nov 2021
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Close
22 Nov 2021
3
Allotment
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Listing
Tue, Nov 30, 2021
Price Band
₹655 to ₹690
Issue Size
1,46,89,983 shares (agg. up to ₹1,014 Cr)
Lot Size
21 Shares
Listing Date
Tue, Nov 30, 2021
Latest GMP
₹495
Est. Gain
71.74%
✦ AI Insight
GMP Trend
30-11-2021₹495Est. ₹1185+71.74%
29-11-2021₹510Est. ₹1200+73.91%
28-11-2021₹490Est. ₹1180+71.01%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 73.63x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 530.65 | 548.37 | 519.19 | 404.13 |
| Total Income | 31.00 | 250.67 | 392.01 | 285.25 |
| Profit After Tax | -19.00 | -3.54 | 52.63 | 30.94 |
| EBITDA | -5.92 | 46.35 | 126.51 | 79.99 |
| NET Worth | 263.90 | 282.94 | 286.30 | 228.33 |
| Total Borrowing | 0.00 | 10.44 | 2.79 | 8.28 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding roll out of 120 new EBOs | 33.73 |
| 2 | Funding working capital requirements | 61.40 |
| 3 | General corporate purposes | 23.64 |
About Go Fashion IPO
Incorporated in 2010, Go Fashion (India) Limited is one of the largest women's bottom-wear brands in India. The company is engaged in the development, design, sourcing, marketing, and retailing of a range of women's bottom-wear products under the brand, 'Go Colors'. The company offers one of the widest portfolios of bottom-wear products among women's apparel retailers in terms of colors and styles. As of May 31, 2021, Go Colors sold bottom-wear in over 50 styles in more than 120 colors. As of May 31, 2021, the company has 450 exclusive brand outlets (EBOs) that are spread across 23 states and union territories in India. The company's distribution channels include large format stores (LFSs) including Reliance Retail Limited, Central, Unlimited, Globus Stores Private Limited, and Spencer's Retail among others. The company's LFSs have grown from 925 LFSs in 2019 to 1,332 LFSs in May 2021. The company also sells its products through its website, online marketplaces, and multi-brand outlets (MBOs). Competitive strengths: One of the largest women's bottom-wear brands in India Wide, well-diversified, product portfolio and first-mover advantage Multi-channel retail presence across India St
Contact Details
Go Fashion (India) Ltd. AddressSathak Center, 5th FloorNew No.4, Old No.144/2Nungambakkam High RoadChennai, Tamil Nadu, 600034+91 44 4211 1777companysecretary@gocolors.comVisit Website