GoColors IPO is about to start on 17th November 2021 and close on 22nd November 2021. Go Fashion (India) Limited is one of the largest women’s bottom-wear brands in India. The company which is Incorporated in 2010, is occupied in the development, design, sourcing, marketing, and merchandising of a range of women’s bottom-wear products under the brand, ‘Go Colors’.
The company provides one of the broad portfolios of bottom-wear products among women’s garment retailers in terms of colors and styles.
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.
Table of Contents
Go Fashion Limited IPO (GoColors IPO) – Competitive strengths
Here are the competitive strengths of Go Fashion Limited IPO.
- It is one of the largest women’s bottom-wear brands in India
- It is wide, well-diversified, product portfolio and first-mover advantage
- Multi-channel retail is present all over India
- Strong unit economics with an efficient operating model
- Extensive claiming base and automated claiming & supply chain
- In-house expertise in developing and designing products
- Strong financial performance record
GoColors IPO – Objectives of the Issue
Here are the Objectives of the issue.
- Rolling out the funding for 120 new Brand Outlets
- Funding working capital requirements
- General corporate purposes
Go Fashion Limited IPO (GoColors IPO) – Company Financials
Here you can check the detailed Company financials of GoColors IPO.
| 30-Jun-21 | 30-Jun-20 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 5,306.47 | 5,346.99 | 5,483.67 | 5,191.86 | 4,041.31 |
| Total Revenue | 402.92 | 207.44 | 2,822.52 | 3,968.39 | 2,909.79 |
| Profit After Tax | -189.96 | -85.98 | -35.39 | 526.34 | 309.41 |
Also Check: Upcoming IPOs List 2021
Go Fashion Limited IPO (GoColors IPO) Information
Go Fashion (India) Limited IPO is all about to start from 17th November 2021 and close on 22nd November 2021.
GoColors IPO – Dates & Details
Here you can check the dates & details of GoColors IPO.
| IPO Opening Date | Nov 17, 2021 |
| IPO Closing Date | Nov 22, 2021 |
| Listing At | BSE, NSE |
| Issue Type | Book Built Issue IPO |
| Face Value | Rs 10 per equity share |
| IPO Price | Rs 655 to Rs 690 per equity share |
| Market Lot | 21 Shares |
| Min Order Quantity | 21 Shares |
| Issue Size | Eq Shares of Rs 10(aggregating up to Rs 1,013.61 Cr) |
| Fresh Issue | Eq Shares of Rs 10(aggregating up to Rs 125.00 Cr) |
| Offer for Sale | 12,878,389 Eq Shares of Rs 10(aggregating up to Rs Cr) |
| IPO Size | Approx Rs 1014 Crores |
GoColors IPO – Lot Size
Here is the detailed GoColors IPO lot size
| Lots | Shares | Amount (Cut-off) | |
| Minimum | 1 | 21 | Rs 14,490 |
| Maximum | 13 | 273 | Rs 188,370 |
GoColors IPO – Allotment Status
Here is the detailed IPO Allotment status
| IPO Open Date | Nov 17, 2021 |
| IPO Close Date | Nov 22, 2021 |
| Basis of Allotment Date | Nov 25, 2021 |
| Initiation of Refunds | Nov 26, 2021 |
| Credit of Shares to Demat Account | Nov 29, 2021 |
| IPO Listing Date | Nov 30, 2021 |
GoColors IPO Registrar
KFintech Private Limited
Phone: 04067162222, 04079611000
Email: gofashion.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Company Contact Information
Go Fashion (India) Limited
Sathak Center, 5th Floor,
New No. 4, Old No. 144/2,
Nungambakkam High Road, Chennai, Tamil Nadu 600 03
Phone: +91 44 4211 1777
Email: companysecretary@gocolors.com
Website: https://www.gocolors.com/
