Go Fashion IPO – An exclusive player in women’s stockings: Geojit

BQ Blue’s special research section brings together in-depth and quality research reports on stocks and the economy from top Indian brokers, asset managers and research agencies. These reports provide BloombergQuint subscribers with the opportunity to deepen their understanding of businesses, industries and the economy.

Geojit Research IPO Report

Go Fashion India Ltd. is a brand of women’s stockings in India, with approximately 8% market share of the branded women’s stockings market in fiscal year 20.

Go Fashion is engaged in the development, design, sourcing, marketing and retailing of women’s bottoms under the “Go Colors” brand.

Founded in 2010, Go Fashion is the first company to launch a brand exclusively dedicated to the category of women’s stockings. They have a pan-Indian network of 459 exclusive outlets in the country, with a significant number of stores in southern and western India.

The offer includes the new issue by the company and an offer for sale by the selling shareholders. They propose to use the net proceeds to finance the deployment of 120 new exclusive outlets for the brand (Rs 33.7 crore), the financing of working capital requirements (Rs 61.4 crore) and the general objectives of the company.

Click on the attachment to read the full IPO report:


This report is written by an external party. BloombergQuint does not guarantee the accuracy of its content and is not responsible for it. The content of this section does not constitute investment advice. For this, you should always consult an expert according to your individual needs. The opinions expressed in the report are those of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify or distribute the content without the permission of the original owner.

Source link

About Jimmy Latimer

Check Also

Best clothing deals this Black Friday weekend – men’s and women’s fashion deals from Asos, Oasis and more

Discount: 20% discount Thanks to their impressive durability, Veja sneakers don’t come cheap. But this …