Go Fashion IPO: Women’s bottomwear brand Go Fashion’s initial public offering, which opened for three days earlier this month, has received a great response from investors as it closed earlier this week. NS go fashion IPO was oversubscribed 135.46 times. For this, investors investing in IPOs would be interested to know their subscription status. The finalization of the share allotment basis for the GoFashion IPO is likely to take place on Friday, November 26. The Rs 1,013-crore Go Fashion IPO is likely to get listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in November. 30, which is next week.
The issue has been substantially oversubscribed with support from non-institutional investors. Bidding by non-institutional buyers 262 at the time of issue. Qualified Institutional Buyers Buy 100.73 Time to reserve shares for them while retail individual investors bid 49.70 Part time is set aside for them.
The GoFashion IPO, which opened from November 17 to 22, included fresh proceeds of Rs 888.60 crore and Offer for Sale (OFS) of Rs 125 crore. The price band for the initial public offer was Rs 655-690 per equity share. The company said that it will not get any income from the OFS portion of the offer.
To check GoFashion IPO allotment status, investors can opt for one of two methods – a) through BSE b) through the website of the registrar. After finalization, ineligible investors will get their refund by November 26, while equity shares will be credited to the demat accounts of eligible investors after three days, i.e. on November 29.
Here’s How You Can Check Go Fashion IPO Allotment Status
How to Check Go Fashion IPO Allotment Status through BSE
a) Visit the official website of BSE or Bombay Stock Exchange. The link is (https://www.bseindia.com/investors/appli_check.aspx)
b) It will take you to a page named ‘Status of Issue Application’.
c) After visiting the page click on ‘Equity’ option
d) From the drop down menu which will be displayed with the name of the issue, select the option ‘Go Fashion’ India Limited’
e) Write your application number on the page
f) After that enter your Permanent Account Number or PAN
g) Check on the captcha that says ‘I am not a robot’ and click on submit
h) After clicking on the option, the details of allotment status of your bid
How to check Sigachi Industries IPO Allotment Status through the Registrar’s website (Caffin Tech Pvt Ltd)
a) Visit the Keffin Tech Pvt Ltd website through the URL (https://www.bigshareonline.com/ipo_Allotment.html).
b) From here you have to choose one of the three available servers
c) Select the name of the IPO through the dropdown menu. Name will be filled only when the share allotment process is finalized
d) You have to select any one of the three modes: Application Number, DPID/Client ID or PAN ID
e) Enter the details of the mode selected by you in step ‘D’
f) Click on search option
g) After this your allotment status will appear
Giving a subscribe rating to the GoFashion IPO, brokerage house Geojit Fashion said, “Women’s Apparel Market is estimated to be around 36 per cent of the total Apparel Market of Rs 447,666 Million (US$ 59.7 Billion) at Rs 163,291 Million Approximately US$ 21.8 Billion in 2020″. dollars) while the women’s bottom-wear market contributed 8.3 percent to the women’s apparel market, which stood at Rs 135,470 million (approximately US$ 1.81 billion) in FY 2020. The women’s bottom-wear market is expected to grow To reach Rs.243,150 million at a CAGR of 12.4 per cent by FY2025 and is one of the fastest growing categories in women’s wear.”
read all breaking news, breaking news And coronavirus news Here. follow us on Facebook, Twitter And Wire,
,