Go Fashion IPO subscription to start from November 17, Wednesday and it will close on November 22, 2021, The retail portion of this IPO is 10%, QIB is 75% and HNI is 15% quota. The company to raise ₹1014 crores via IPO at a price band of ₹655 to ₹690. The minimum bid for the IPO is 21 shares that cost ₹14,490 for 1 lot. The grey market is showing strong status of around ₹350 and the demand is on a higher side. The Chennai based Go Fashion (India) Limited is one of the largest women's bottom-wear brands. They have wide rage of bottom-wear products among women's apparel retailers in terms of colors and styles. They are selling the under the brand of 'Go Colors'. The company reported ₹282 crores of revenues in 2021 against ₹397 crores in 2020. Please check the Go Fashion IPO details over here.
We recommend investors to apply the IPO for short and long term gain as well. Investors should look at the QIB and HNI numbers as well as Go Fashion grey market premium movement before investing. You can check the Go Fashion IPO allotment status here.
Go Fashion IPO Subscription Status (Final Data)
|Category||Day 1||Day 2||Day 3|
Go Fashion IPO Date & Price Band
|IPO Open:|| 17 November 2021
|IPO Close:|| 22 November 2021
|IPO Size:||Approx ₹1014 Crores|
|Fresh Issue:|| Approx ₹125 Crores
|Offer for Sale:||Approx 12,878,389 Equity Shares|
|Face Value:|| ₹10 Per Equity Share
|Price Band:||₹655 to ₹690 Per Equity Share|
|Listing on:||BSE & NSE|
|DRHP Draft Prospectus:|| Click Here
|RHP Draft Prospectus:|| Click Here
Go Fashion IPO Market Lot
The Go Fashion IPO minimum market lot is 21 shares with ₹14,490 application amount. The retail investors can apply up-to 13 lots, 273 shares with ₹188,370 application amount.
|Minimum Lot Size:|| Minimum 21 Shares for 1 lot
|Minimum Amount:|| ₹14,490 for 1 lot
|Maximum Lot Size:|| Maximum 273 Shares for 13 lot
|Maximum Amount:|| ₹188,370 for 13 lot
Go Fashion IPO Time Table
The Go Fashion IPO date is 17 November 2021 and the IPO close date is 22 November 2021. The allotment date is 25 November 2021 and the IPO may list on 30 November 2021.
|Price Band Announcement:|| 12 November 2021
|Anchor Investors Allotment:|| 16 November 2021
|IPO Open Date:|| 17 November 2021
|IPO Close Date:|| 22 November 2021
|Basis of Allotment:|| 25 November 2021
|Refunds:|| 26 November 2021
|Credit to Demat Account:|| 29 November 2021
|IPO Listing Date:|| 30 November 2021
Go Fashion IPO Subscription FAQs:
When Go Fashion IPO Subscription will start?
The IPO subscription starts on November 17, 2021 for QIB, NII, and Retail Investors.
How much Go Fashion IPO subscribed?
The IPO subscribed 135.43 times on day 3.
What is Go Fashion IPO Retail subscription status?
The RII subscription is 49.57 on day 3.
How to subscribe Go Fashion IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How to Apply the Go Fashion IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Go Fashion". 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. Open Demat Account with Zerodha.
How to Apply the Go Fashion IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Go Fashion". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.
How do I check live Go Fashion IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.