Go Colors IPO details (17 – 22 Nov), (Price: 655-690)
Listing date and Listing Price of Go Colors IPO:
- Go Colors IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Go Colors IPO on NSE – Click Here
- 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.
Go Colors IPO Allotment link status on Kfintech:
Check the allotment status of Go Colors IPO on these three links given by Kfintech.
- Go Colors IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- Go Colors IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- 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’.
Go Colors IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select Go Colors IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- 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|
Go Colors IPO highlights:
|Go Colors IPO bid Opens on||17 Nov 2021|
|Go Colors IPO bid Closes on||22 Nov 2021|
|Post issue Modification Period||23-Nov-2021 (10.00 A.M. to 11.00 A.M.)|
|Cut-off time for UPI Mandate Confirmation||23-Nov-2021 (upto 12:00 PM)|
|Issue type||100% Book Building|
|Go Colors IPO issue size||₹ 1013.61 Cr|
|Face value of each equity share||Rs. 10|
|Go Colors IPO Price band||Rs. 655 to Rs.690 per share|
|Go Colors IPO market lot||21 equity shares and multiples of 21|
|Go Colors IPO minimum order quantity||21 equity shares|
|Pre IPO equity share of promoters of Go Colors||57.47 %|
|Post IPO paid-up equity share of promoters of Go Colors||52.78 %|
|QIB portion reservation in Go Colors IPO||75 %|
|NIB portion reservation in Go Colors IPO||15 %|
|Retail portion reservation in Go Colors IPO||10 %|
|Retail individual bidder can apply in Go Colors IPO||up to 2 lakh (200,000) – Maximum 13 Lot|
|Retail individual discount in Go Colors IPO||NA|
|Employees can apply in Go Colors IPO||up to 5 lakh (500,000)|
|Employees Reservation in Go Colors IPO||NA|
|Employees Discount in Go Colors IPO||NA|
|Listing of Go Colors at Exchanges||NSE, BSE|
|Fund raised from Anchor Investors in Pre-IPO of Go Colors||NA|
|Registrar of Go Colors IPO issue||Kfin Technologies Private Limited|
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 on||17.11.2021|
|Go Colors IPO Closes on||22.11.2021|
|Allotment basis date of Go Colors IPO||25.11.2021|
|Money refund date of Go Colors IPO||26.11.2021|
|Shares of Go Colors in Demat Account||29.11.2021|
|Go Colors IPO listing date on NSE, BSE||30.11.2021|
How much shares of Go Colors IPO are being offered?
|Type of Issue (Fresh / OFS)||No. of Equity shares offered||Amount of Equity shares|
|Total Issue size||₹ 1013.61 Crore|
|Fresh Issue size||–||₹ 125 Crore|
|Offer for Sale (OFS)||–||₹ 888.61 Crore|
Go Colors financial statements details:
|(₹ million)||(₹ million)||(₹ million)|
|Profit After Tax||(35.39)||526.34||309.41|
IPO Red Herring Prospectus (RHP) of Go Colors:
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)
Go Back to – IPO Dashboard for other IPOs:
Disclaimer: Kindly verify from RHP and concerned company for any clarification.
If you liked this article, kindly share it on any platform, whatsapp, facebook, twitter, Linkedin etc. below to keep us motivated.