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Go Fashion IPO share allocation expected today; follow these steps to check the attribution status

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The initial IPO of the company’s Rs 1,013.6 crore public offering was subscribed 135 times.

Go Fashion IPO share allocation expected today;  follow these steps to check the attribution status

Representative image. News18

Shares of Go Fashion (India) Limited, the parent company of women’s bottoms brand Go Colors, are expected to be awarded today, November 25. The initial IPO of the company’s Rs 1,013.6 crore public offering was subscribed 135 times.

Investors who were unable to obtain the actions can see refunds being initialized November 26. Those who have successfully obtained the shares can see them appear in their Demat account by November 29. Go Fashion’s shares are expected to be listed on November 30.

The allocation of shares can be verified on the websites of the Bombay Stock Exchange (BSE) and the registrar of the issue, KFin Technologies Private Limited.

Steps to verify share attribution via ESB:
Visit the official ESB website at https://www.bseindia.com/investors/
Select the Actions option under the type of issue indicated on the main page
Choose Go Fashion (India) Limited from the drop-down menu under the issue name
Enter the request number and add details such as your PAN card ID
Fill out the security captcha
The Go Fashion share attribution will appear on your screen

Steps to verify the allocation of shares on the issuance register:
Visit the official website of KFin Technologies Private Limited at
https://kcas.kfintech.com/ipostatus
Select the name of the IPO from the drop-down list and select the option of your Client ID, Application Number or PAN Card ID
Choose between Application Supported by Blocked Amount (ASBA) and non-ASBA options
Enter the details of the previously selected identification option and enter the details
Fill out the security captcha and submit

Of the 80 79,491 shares offered, the IPO of Go Fashion received offers for 1,09 44 34,026 shares. The part for individual retail investors (RII) was subscribed 49.70 times while the part for qualified institutional buyers (QIB) and non-institutional investors was subscribed respectively 100.73 and 262.08 times.

Go Fashion’s IPO consisted of a new issue of shares up to Rs 125 crore, in addition to an offer to sell (OFS) of up to 12,878,389 shares. The money generated by the IPO will be used by the company for general business needs, working capital requirements as well as the deployment of 120 new exclusive outlets of the company.

Sources

1/ https://Google.com/

2/ https://www.firstpost.com/business/go-fashion-ipo-share-allotment-expected-today-follow-these-steps-to-check-allotment-status-10162651.html

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