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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Go Fashion (India) Ltd
Registered Office:
Sathak Center 5th Flr New No 4,Nungambakkam High Road,
Chennai - 600034,
Tamil Nadu, India.
Website :  www.gocolors.co.in
Initial public offering of 14,689,983* equity shares of face value of (Rs) 10 each ("Equity Shares") of Go Fashion (India) Limited (The "Company" or the "Issuer") for cash at a price of (Rs) 690 per equity share including a securities premium of (Rs) 680 per equity share (The "Offer Price") aggregating to (Rs) 1013.61 crores (The "Offer"). The offer comprises of a fresh issue of 1,811,594* equity shares by the company aggregating to (Rs) 125.00 crores (The "Fresh Issue") and an offer for sale by PKS Family Trust of 745,676* equity shares aggregating to (Rs) 51.45 crores, VKS Family Trust of 745,676* equity shares aggregating to (Rs) 51.45 crores (collectively referred to as to the "Promoter Selling Shareholders") and by Sequoia Capital India Investments IV of 7,498,875* equity shares aggregating to (Rs) 517.42 crores, by India Advantage Fund S4 I of 3,311,478* equity shares aggregating to (Rs) 228.49 crores and by Dynamic India Fund S4 US I of 576,684* equity shares aggregating to (Rs) 39.79 crores (collectively referred to as "Investor Selling Shareholders" and together with the promoter selling shareholders, the "Selling Shareholders") ("The Offer for Sale"). The offer shall constitute 27.20% of the post-offer paid-up equity share capital of the company. *Subject to finalisation of the basis of allotment. The face value of the equity share is (Rs) 10/-. The offer price is 69 times the face value of the equity shares. Bids can be made for a minimum of 21 equity shares and in multiples of 21 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
17-Nov-21
22-Nov-21
690.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 21     Further Multiples of : 21
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
125.00
DAM Capital Advisors Ltd
Project Financed
1013.61
 
Post Issue
54.01
 
Issue Price
690.00
 
Projects
Funding Roll out of 120 New EBOs
Funding Working Capital Requirements
General Corporate Purposes
Promoted By
Prakash Kumar Saraogi
Gautam Saraogi
Rahul Saraogi
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
.
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