The Chennai-based company Go Fashion (India) Limited is best known for its women’s bottom-wear brand – Go Colors. Go Fashion’s maiden IPO is all set to be open for subscription on 17 November 2021. Go Fashion IPO allotment status will be available from 25 November 2021. Having a face value of Rs. 10, the first public bid lot size has been fixed at 21 equity shares, and the IPO size is worth Rs. 1,013.61 Cr.
On Tuesday, November 16, the Go Fashion shares fetched a grey market premium of Rs 350. The upper price band fixed by the company is Rs. 690 per share, and the grey market premium fetched by the shares is almost above 150 percent of it. This high GMP indicates a strong listing for Go Fashion shares on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) later this month.
Go Fashion IPO Tentative Timetable
|Opening Date of IPO||Nov 17, 2021|
|Closing Date of IPO||Nov 22, 2021|
|Allotment Date||Nov 25, 2021|
|IPO Listing Date||Nov 30, 2021|
How To Check Go Fashion Ipo Allotment Status?
Go Fashion IPO allotment status is not available right now. But once it is available, the status can be checked by visiting NSE’s website or by visiting the registrar’s website (Fintech Pvt. Ltd.) for the Go Fashion IPO.
You will need the following details to check the Tarsons Products IPO allotment status.
- Application Number
- PAN details
- DP Client ID
The allotment result looks as below:
- PAN No.: DHYFR18321J
- Application No.: RL041213805307
- Name: Mr. Rahul Mehra
- Shares Applied: 35
- Shares Allotted: 35
Go Fashion India has a better track record of revenue growth, higher operating margin & high return on equity compared to many peer companies. Investors can invest funds in the Go Fashion IPO for long-term rewards