 "initial public offerings")
The initial public offering (IPO) of Go Fashion, which owns women’s wear brand Go Colors, was subscribed a staggering 135 times on Monday, the concluding day of the offer. The institutional portion was subscribed 100.7 times, the wealthy investor portion by 262 times and the retail portion by 49 times, as per data provided by stock exchanges on 5 pm.
The strong response to the IPO comes despite the Paytm listing fiasco.
Go Fashion’s IPO comprised a fresh issue of equity shares aggregating up to Rs 125 crore and an offer-for-sale (OFS) of Rs 890 crore. The company plans to
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