IPO News: IPO investors can invest money in the issue of two companies today. The IPO of Go Fashion, the parent company of women’s wear brand Go Colors, is open today, so today is the last chance to invest money in the IPO of the legendary life science company Tarsons Products. If you want to invest money in the issue of both these companies, then investors will have to invest at least Rs 29054. Market experts are positive about investing in both IPOs.
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Tarsons Products IPO
- Under the Rs 1024 crore IPO of leading life science company Tarsons Products, new shares worth Rs 150 crore will be issued.
- A price band of Rs 635-662 per share has been fixed for the issue. The employees of the company will get a discount of Rs 61. The face value per share is Rs.
- The company has fixed a lot size of 22 shares for this issue, that is, according to the upper price of the price band, investors will have to invest at least Rs 14564.
Read full details of Tarsons Products IPO and company here
- According to market experts, the demand for the kind of products the company produces is showing strong demand. Apart from this, Torsion Products will benefit from the cost of similar products in the US and stricter pollution regulations in China. In such a situation, market experts have advised to invest in it.
- Tarsons Products designs and develops the goods used in the lab and then manufactures them and sells them. The products that this company produces are used in research institutes, academic institutes, pharma companies, diagnostic companies and hospitals. Through its products, it helps to increase scientific discoveries and improve the health system.
Go Fashion IPO
- The IPO of Go Fashion (India), the parent company of women’s wear brand Go Colors, has opened today and you will be able to invest money in it till November 22.
- Under the Rs 1014 crore IPO of Go Fashion, new shares worth Rs 125 crore will be issued.
- The price band for this issue has been fixed at Rs 655-690 per share. The face value per share is Rs 10.
- Investors can invest in this IPO in lots of 21 shares, that is, according to the upper price of the price band, investors will have to invest at least Rs 14490.
Go Fashion IPO and company details read here
- In the case of women’s clothing, the sales of bottom wear is growing rapidly, which is estimated to increase from Rs 1.35 thousand crore in FY 2020 to Rs 2.43 thousand crore by FY 2025. In such a situation, brokerage firms have advised to subscribe to this IPO considering the growth potential of Go Fashion.
- Go Fashion India develops, designs and then mobilizes, markets and then sells a wide range of women’s bottom-wear products under the GoColors brand. 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.
(The stock recommendations given in the story are those of the respective research analysts and brokerage firms. Financial Express Online takes no responsibility for the same. Investments in capital markets are subject to risks. Please consult your advisor before investing.)
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