Go Fashion (India) Limited IPO

November 16, 2021

This is to inform you that Go Fashion (India) Limited is coming out with a public issue to raise Rs.1014 crore from the market.

The issue opens on November 17 and closes on November 22, 2021.

Details of the Go Fashion (India) Limited IPO

Company Details :

Go Fashion (India Ltd) is 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).

The company is engaged in the development, design, sourcing, marketing and retailing a range of women’s bottom-wear products under the brand, ‘Go Colors’. They 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.

They also 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).
Issue Period : Issue opens on: Wednesday, November 17, 2021
Issue closes on: Monday, November 22, 2021
Price Band : Rs. 655/- to Rs. 690/- per equity shares.
Bid Lot : 21 equity shares and in multiple thereafter.
Issue Size : Rs.1014 crore
Issue break-up : QIB - 75 % of the offer - Rs. 760 Cr
NIB - 15 % of the offer - Rs. 152 Cr
RET - 10 % of the offer - Rs. 101 Cr
Listing : NSE and BSE
Registrar : KFin Technologies Private Limited
UPI : All Retail Applications through brokers are compulsorily in UPI Mode

Watch these 4 videos to know how to apply for the Go Fashion (India Ltd) IPO online easily.

Step 1: Create an UPI ID

Create UPI ID

How to Create UPI ID CTA
Step 2: Apply for IPO online using mobile app or website

Step 3: Authorise UPI mandate to block payment

Authorised UPI ID

Authorised UPI ID CTA

Remember these points while applying for IPOs

  • With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
  • You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.
  • Currently, UPI works on the following mobile applications:
    Name of App (Supported Platforms) VPA Handle
    BHIM Baroda Pay (only Android) @BARODAMPAY
    BHIM Oriental Pay (Only Android) @obc
    BHIM RBL Pay (Android & iOS) @rbl
    BHIM (android & iOS) @upi
    BHIM ALLBANK UPI (only Android) @allbank
    BHIM Axis Pay (only android) @axisbank
    BHIM IndusPay (only Android) @indus
    BHIM Lotza UPI (only Android) @federal
    BHIM SBIPay (only android) @sbi
    Citi Mobile (android & iOS) @citi & @citigold
    Google Pay (android & iOS) @okhdfcbank | @okaxis | @oksbi | @okicici
    HSBC Simply Pay (android & iOS) @hsbc
    iMobile by ICICI Bank (android users) @icici
    Kotak Mobile Banking App (Android) @kotak
    Phone-Pe (android & iOS) @ybl
    SIB Mirror+ (only Android) @sib
    BHIM YES PAY (only Android) @yesbank
    DigiBank - DBS (Android & iOS @dbs
    Paytm (Andriod & iOS) @paytm
    BHIM AUPay (Android & iOS) @aubank
    Freecharge (Android & iOS) @freecharge
    BHIM BANDHAN UPI (Android & iOS) @bandhan
    BHIM KBL UPI (Android) @kbl
    Phone-Pe (Android & iOS) @ybl, @axl, @ibl
  • To avoid rejection, download the latest version of the app.
  • Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
  • As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
  • The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
  • If you forget the UPI PIN, simply reset it instead of entering a wrong one.
  • If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
  • There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.
Published by Team Internal Communications
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