 "IPO")
The Initial Public Offer (IPO) of Go Fashion (India), which owns women’s wear brand Go Colors, opened for subscription on Wednesday, November 17. The company plans to raise Rs 1,014 crore through the share sale via this IPO, which is priced in the range of Rs 665 to Rs 690.
Meanwhile, on Tuesday the company raised Rs 455 crore from anchor investors through share allotment. It alloted 6.6 million shares at Rs 690 apiece. Government of Singapore, Abu Dhabi Investment Trust, Nomura, SBI MF and Axis MF are some institutional investors given allotment in the anchor category.
Meanwhile, on Tuesday the company raised Rs 455 crore from anchor investors through share allotment. It alloted 6.6 million shares at Rs 690 apiece. Government of Singapore, Abu Dhabi Investment Trust, Nomura, SBI MF and Axis MF are some institutional investors given allotment in the anchor category.
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