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Go Fashion India IPO share allotment today: Here’s how to check allotment status onlin

Go Fashion India IPO share allotment today

Go Fashion India is likely to announce the allotment of shares under its initial public offer (IPO) on Friday, November 26. The initial share sale of Go Fashion saw a phenomenal response from investors, bagging bids for the shares on offer. Shares of Chennai-based Go Fashion, a women’s bottom-wear company, will likely be listed on stock exchanges BSE and NSE on November 30.

The Go Fashion IPO received bids for 109.4 crore shares against the 80.8 lakh shares on offer. The portion reserved for non-institutional investors was subscribed 262.1 times, and that for qualified institutional buyers (QIBs) 100.7 times. The retail investor category was booked 49.7 times.
The IPO of Go Fashion – the operator of Go Colors outlets – comprised fresh issuance of shares worth Rs 125 crore, and an offer for sale (OFS) of equity worth Rs 888 crore by promoters and existing shareholders.

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