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Go Fashion IPO: Shares of Go Fashion will be allotted on November 25, if you have applied then check status like this

Go Fashion is the operator company of Go Colors women’s bottom wear

The IPO of Go Fashion, a company that sells women’s bottomwear, has received an overwhelming response from investors. The allotment of Go Fashion shares is happening on November 25, 2021. Go Fashion is the operator of the women’s bottom-wear brand Go Colors. The IPO of Go Fashion, which opened between November 17 and 22, was subscribed 135.46 times. If you have applied for shares under this IPO, then you can check allotment status in two ways.

How to check allotment on BSE website

1. First of all visit this link https://www.bseindia.com/investors/appli_check.aspx

2. Enter Application Number and PAN.

3. Then click on the box with (I’m not a robot) and then click on Search.

4. Your allotment status will be displayed.

How to check status on IPO Registrar’s website

1. Click on the link https://kcas.kfintech.com/ipostatus/

2. Select IPO -(Go Fashion India Limited)

3. Then select any one option from IPO Application Number, DPID/Client ID, or PAN Number

4. Enter the details related to whichever option is selected.

5. Finally enter the Captcha and submit.

6.Your allotment status will be displayed

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Shares of Go Fashion are selling at a premium of 51% in the gray market

Money refunds will start in the account of investors who will not be allotted shares from November 26. On the other hand, the shares in the demat account of the investors who will be allotted shares will be credited on November 29. There is a good demand for the shares of GoColors in the gray market. It is selling at a premium of 51 per cent. Go Fashion (India) is one of the largest brands in the country selling women’s bottom wear. It had an 8 per cent share in the branded women’s bottom wear market in FY20. Go Fashion, one of the leading players in terms of high gross margins and revenue per square foot in the overall industry, has a good potential to grow the capital invested. In such a situation, according to Sanctum Wealth Director (Research) Ashish Chaturmohta, investors can get great returns by investing in Go Fashion’s IPO for the long term.

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