Go Fashion (India) Ltd. IPO

Go Fashion (India) Ltd.

IPO Listing Details

Listed On


Listed On

Issue Price


Issue Price

Listing Price


Listing Price

Listing Gains

+₹626.00 (+90.72%)

Listing Gains

IPO Details

Bidding Dates

17 Nov - 22 Nov '21

Bidding Dates

Min. Investment


Min. Investment

Lot Size


Lot Size

Price Range

₹655 - ₹690

Price Range

Issue Size

969 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
  • Non-Institutional Investor
  • Qualified Institutional Buyers
  • Employees

About Company

Go Fashion (India) Limited, previously known as Go Fashion (India) Private Limited, is an apparel brand incorporated in 2010. They are known to the category creator specializing in women’s bottom wear apparel.

They have fixed their price band of IPO between INR 655 and INR 690 per share. PKS Family & VKS Family Trust each currently hold a 28.74% stake in the company, Sequoia Capital has a 28.73% stake, India Advantage Fund has 12.69%, and Dynamic India Fund 1.1%.

Why should you invest in Go Fashion (India) Ltd. IPO?

According to research by Technopak, the women's apparel market in India is estimated to be approximately 36% of the total apparel market at INR 1,63,291 crores. Go Fashion had an 8 percent market share in the branded women’s bottom wear apparel market in FY20. 

According to Technopak Report, they are the first to launch a brand exclusively dedicated to women’s bottom wear in the country, which is also mentioned in their draft offer document. 

The women’s apparel market is expected to grow from INR 1,63,291 crore in FY2020 to INR 2,53,733 crore by the fiscal year 2025. 

So, we can consider that the GO Fashion IPO is largely for investors who look for long-term gains.



Financial Snapshot

  • Particulars
    For the year/period ended ( Crores)
  • March 2021
    March 2020
    March 2019
  • Total Assets
  • Total Revenue
  • Profit After Tax

Go Fashion (India) Ltd. IPO - SWOT Analysis

Strengths- Design innovation and in-house research team. This might help them create products that work according to the market’s trend at the time. 

Weakness- The company’s finances took a hit during the pandemic. Future losses can adversely affect the growth that is expected. Since most of the processes are internal, if quality assurance takes a hit, it could affect the company.

Opportunities- With the opening of 120 new EBOs that they plan to do with the funds from the IPO, they would be able to cater to the growing need. One can also look at the general trend with the need for clothes for the sake of fashion coming in more than just the need for need-based clothing.

Threats- The country is coming out of a lockdown situation. Any other future situations like this can be a problem to the retail operations. A strong strategy is required to overcome this situation.

Noteworthy Highlights or Competitive Strengths

  • Category Creator for the women’s bottom wears category.
  • In-house design and research team

How to apply for Go Fashion (India) Ltd. IPO?

You can apply for the Go Fashion (India) Ltd. IPO in these ways:

Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

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