Go Fashion (Go Colors) IPO price band, GMP, Allotment, Listing date and Price

Go Colors IPO details (17 – 22 Nov), (Price: 655-690)

Go Fashion (Go Colors) IPO price band, GMP, Allotment, Listing date and Price
Go Fashion (Go Colors) IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of Go Colors IPO:

  1. Go Colors IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Go Colors IPO on NSE – Click Here
  3. Listing Price of Go Colors IPO on BSE – Click Here

Grey Market premium (GMP) price of Go Colors IPO :

Grey Market premium (GMP) price of Go Colors IPO is Rs 400. Grey Market premium (GMP) of Go Colors IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.

Check the allotment status of Go Colors IPO on these three links given by Kfintech.

  1. Go Colors IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
  2. Go Colors IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
  3. Go Colors IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/

Go Colors IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.

KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.

  1. Download KPRISM app by KFin Tech.
  2. Select IPO Status (No need to do login or register to check IPO allotment)
  3. Select Go Colors IPO from the list.
  4. Enter Application Number or DPID Client ID or PAN, then Submit.
  5. The allotment status of Go Colors IPO, with no. of shares allotted will come.

Go Colors IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Total No. of times applied
No. of shares offered 44,06,996 22,03,497 14,68,998 80,79,491
Day 1 0.25x 0.44x 12.14x 2.46x
Day 2 3.24x 2.30x 24.64x 6.87x
Day 3 100.73x 262.08x 49.70x 135.46x
Go Colors IPO subscription status live

Go Colors IPO highlights:

Go Colors IPO bid Opens on 17 Nov 2021
Go Colors IPO bid Closes on22 Nov 2021
Post issue Modification Period23-Nov-2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation23-Nov-2021 (upto 12:00 PM)
Issue type100% Book Building
Go Colors IPO issue size₹ 1013.61 Cr
Face value of each equity shareRs. 10
Go Colors IPO Price bandRs. 655 to Rs.690 per share
Go Colors IPO market lot21 equity shares and multiples of 21
Go Colors IPO minimum order quantity21 equity shares
Pre IPO equity share of promoters of Go Colors57.47 %
Post IPO paid-up equity share of promoters of Go Colors52.78 %
QIB portion reservation in Go Colors IPO75 %
NIB portion reservation in Go Colors IPO15 %
Retail portion reservation in Go Colors IPO10 %
Retail individual bidder can apply in Go Colors IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Go Colors IPONA
Employees can apply in Go Colors IPOup to 5 lakh (500,000)
Employees Reservation in Go Colors IPONA
Employees Discount in Go Colors IPONA
Listing of Go Colors at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Go ColorsNA
Registrar of Go Colors IPO issueKfin Technologies Private Limited
Go Colors IPO highlights

Go Colors IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of Go Colors IPO are mentioned below.

Go Colors IPO opens on17.11.2021
Go Colors IPO Closes on22.11.2021
Allotment basis date of Go Colors IPO25.11.2021
Money refund date of Go Colors IPO26.11.2021
Shares of Go Colors in Demat Account29.11.2021
Go Colors IPO listing date on NSE, BSE30.11.2021
Go Colors IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Go Colors IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 1013.61 Crore
Fresh Issue size₹ 125 Crore
Offer for Sale (OFS)₹ 888.61 Crore
Employee Reservation
No. of Equity shares offered of Go Colors IPO

Go Colors financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets5,483.675,191.864,041.31
Total Revenue2,822.523,968.392,909.79
Profit After Tax(35.39)526.34309.41
Go Colors financial statements details

IPO Red Herring Prospectus (RHP) of Go Colors:

Click here for IPO RHP of Go Colors on SEBI website.

Objectives of the Go Colors IPO Issue: (Source – RHP)

Objects of the Fresh Issue

Our Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects: 1. Funding roll out of 120 new EBOs; 2. Funding working capital requirements; and 3. General corporate purposes.

Business of Go Colors: (Source – RHP)

We are a women’s bottom-wear brand in India, with a market share of approximately 8% in the branded women’s bottom-wear market in Fiscal 2020. The women’s apparel market is estimated to be approximately 36% of the total apparel market while the women’s bottom-wear market contributed 8.3% of women’s apparel market in Fiscal 2020 (Source: Technopak Report).

We are engaged in the development, design, sourcing, marketing and retailing a range of women’s bottom-wear products under the brand, ‘Go Colors’. We are among the few apparel companies in India to have identified the market opportunity in women’s bottom-wear and have acted as a ‘category creator’ for bottom-wear. We were the first company to launch a brand exclusively dedicated to women’s bottom-wear category and have leveraged this advantage to create a direct-to-consumer brand with a diversified and differentiated product portfolio of premium quality products at competitive prices. (Source: Technopak Report)

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