
Consumer Discretionary · NSE / BSE
Incorporated in 2010, Go Fashion (India) Limited is one of India’s largest women’s bottom-wear brands, offering a wide range of products under the brand 'Go Colors' with over 50 styles in more than 120 colors. The company manages design, sourcing, marketing, and retailing of its products through multiple channels, including 450 exclusive brand outlets across 23 states and union territories, large format stores like Reliance Retail, Central, Globus, and Spencer's, as well as online platforms and multi-brand outlets. Its large format store presence has grown from 925 stores in 2019 to 1,332 stores as of May 2021.
Price Band
₹655 – ₹690
Issue Size
₹1014 Cr
Lot Size
21 shares
GMP
+73.9%
Est. Listing
₹1200
at current GMP
Subscribed
—
Open
17 Nov 2021
Close
22 Nov 2021
Allotment
25 Nov 2021
Refund
26 Nov 2021
Demat Credit
27 Nov 2021
Listing
30 Nov 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 7,345,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,203,500 | — | 0.00x |
| Retail Individual (RII) | 5,141,500 | — | 0.00x |
| Total | 14,690,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 244,833 | 244,833 | 1.00x |
| HNIs (10L +) | 1,566 | 1,566 | 1.00x |
| HNIs (2-10L) | 7,495 | 7,495 | 1.00x |
| Total Applications | 253,894 | 253,894 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Go Fashion (India) Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹1,013.61 Crores. The shares are offered at a price band of ₹655 to ₹690 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 21 shares (approx. ₹14,490 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-11-27, while un-allotted funds or UPI block mandates will be released on 2021-11-26.
The latest Grey Market Premium (GMP) for Go Fashion (India) Limited IPO is ₹510 per equity share. Based on the upper price band of ₹655 to ₹690 per equity share, the estimated listing price is ₹1200 (+73.9% expected listing gain).
With a lot size of 21 shares and current GMP of ₹510, the expected profit per application lot is approx ₹10,710 (+73.9% gain). Minimum application cost is approx ₹14,490.
The Go Fashion (India) Limited IPO aggregate issue size is ₹1,013.61 Crores with an equity price band set at ₹655 to ₹690 per equity share. The retail lot size is 21 shares requiring a minimum capital outlay of approx. ₹14,490.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-11-25. Investors can verify status using PAN card or application number.
Go Fashion (India) Limited shares are scheduled to list on NSE and BSE on 2021-11-30.