Connect with us

Fashion

Go Fashion IPO subscription status: day 3 live updates

Published

on

 


Investors continued to participate in the initial public offering of Rs 1,013.6 crore by Go Fashion (India) Ltd. as the final offer for the shares resumed on Monday.

The show was subscribed almost 2.5 and 6.9 times on the first and second day, respectively. The owner of the women’s bottoms clothing brand Go Colors sells shares at Rs 655-690 each.

The IPO includes a new issue of shares valued at Rs 125 crore and a sell offer valued at Rs 888.6 crore, in which the promoters PKS Family Trust and VKS Family Trust are will each discharge 7.45 lakh of participating shares.

After the sale, the promoter’s stake would drop from 57.47% to 52.78%. Go Fashion is looking for a market value of Rs 3,727 crore at the high end of the price range.

The company plans to use Rs 33.7 crore of the proceeds from the IPO to finance the deployment of 120 outlets, while Rs 61.4 crore would be used for working capital requirements. The rest will be used for general corporate purposes.

Subscription details: Day 3

The IPO was subscribed 46.99 times at 2 p.m. on November 22.

  • Institutional investors: 21.66 times.

  • Non-institutional investors: 100.23 times.

  • Individual investors: 43.13 times.

Go Fashion IPO Research Report:

Watch Bloomberg’s Quint Adda IPO with Go Fashion India CEO Gautam Saraogi:

Sources

1/ https://Google.com/

2/ https://www.bloombergquint.com/ipos/go-fashion-ipo-subscription-status-day-3-live-updates

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]