GOCOLORS IPO Allotment Status Available: Check Allotment Finalization Status Link

GOCOLORS IPO Allotment Status:  GO COLOR is one of the popular bottom wear brands in India. The owner of Gocolors i.e., Go Fashion (India) Limited launched its Initial Public Offering on the 17th of November 2021. The bidding closed on 22nd November and the finalization of the basis of allotment is scheduled for 25th November 2021. Once the allotment is finalized, GOCOLORS IPO Allotment Status will be made available to the investors on the BSE portal and as well as on the registrar’s portal. After allotment, bidders will get to know whether they have got the shares or not. Those who will be allotted shares will get the shares credited into their Demat Accounts on 29th November 2021.

GOCOLORS IPO Allotment Status

The issuer has launched this offer of Rs.1013.61 Crore with a price band of Rs.655 to Rs.690 to achieve two major objects of the company. These include the opening of 120 new EBOs and funding of the company’s Working Capital Requirements. KFin Technologies Private Limited being the official registrar of the issue will provide the allotment status to the investors on the scheduled date. The listing of IPO on BSE and NSE is going to be done on 30th November 2021. The offers received positive responses from the investors and were oversubscribed 135.46 times on the last day of bidding.

GOCOLORS IPO Allotment Status
GOCOLORS IPO Allotment Status


Name of the IPO   GOCOLORS IPO
Issuer/ CompanyGo Fashion (India) Limited
Book Running Lead Manager  JM Financial Limited
DAM Capital Advisors Limited
ICICI Securities Limited
Official Registrar KFin Technologies Private Limited
Issue Type Book Building Issue
Issue Size[.] Equity Shares of Rs.10
(Aggregating up to Rs.1013.61 Cr)
Fresh Issue[.] Equity Shares of Rs.10
(Aggregating up to Rs.125 Cr)
Offer for sale12,878,389 Equity Shares of Rs.10
(Aggregating up to Rs[.] Cr)
Face ValueRs.10 per share
IPO Price RangeRs.655 to Rs.690
Listing atBSE, NSE
Bid Lot 21 shares
Minimum Order Quantity21 shares
Period of issue17th to 22nd November 2021
GOCOLORS IPO Allotment date25th November 2021
Company Official Portalwww.gocolors.com
Kfintech Official website  ris.kfintech.com

GOCOLORS Offer: Schedule

Events      Dates
Issue of Draft prospectus12th August 2021
Issue of RHP9th November 2021
IPO opening date 17th November 2021
IPO Closing date  22nd November 2021
Finalization of Basis of Allotment     25th November 2021
Initiation of Refunds date  26th November 2021
Credit of Equity Shares to Demat Account29th November 2021
Date of IPO Listing  30th November 2021

Objects of GOCOLORS IPO     

The net proceeds will be utilized to achieve the following objectives of the company- 

To fund the rolling out of 120 new Exclusive Brand Outlets (EBOs) of the companyRs. 337.34 million
To fund Working Capital (WC) requirementsRs. 613.98 million
To meet General corporate purposes[.]
Net Proceeds[.]

Financial Statement (Restated Consolidated)

Have a look at the financial summary of the company shown in the given table-                            


For the year ended


30th June 2021

30th June 2020

31st March 2021

31st March 2020

31st March 2019

Total Assets

5306.47 million

5,346.99 million

5,483.67 million

5,191.86 million

4,041.31 million

Total Revenue

402.92 million

207.44 million

2,822.52 million

3,968.39 million

2,909.79 million

Profit After Tax

Rs.189.96 million

Rs.85.98 million

Rs.35.39 million

Rs.526.34 million

Rs.309.41 million

How to check GOCOLORS IPO Allotment Status  

As mentioned above, investors can check the allotment status either on the registrar’s portal or on the website of BSE. Those who are wondering how they can view their allotment status will find the step-by-step procedure to check the allotment here in this section. Let’s have a look-                     

Allotment Status on Kfintech Portal    

  • Go to the official page of Kfintech Allotment Status. You can also check the link provided below in the quick link section.
  • Various links will appear to check the allotment status. You can click on any of the server links available on the page.  
  • Click on Recent IPOs link.  
  • Select IPO i.e., Go Fashion (India) Limited option from the drop-down menu.           
  • Select query by option among Application No., DPID/ Client ID and PAN. 
  • Select Application Type from ASBA and Non ASBA.
  • Enter Application No. and captcha code in the space provided.      
  • Now, click on “Submit” button.
  • Finally, allotment status will appear.              

Allotment Status on BSE Portal

Bidders can also find their allotment status through the BSE allotment page. They can check the process given below-

  • Visit the official BSE allotment status page.  
  • You have to select the offer type i.e., Equity.
  • Now, enter the application number and PAN correctly in the respective blank. Investors are suggested to keep their IPO application details and PAN details ready with them while checking the allotment status.   
  • Enter the captcha and hit Search button.
  • The allotment status of the selected IPO will open.

IPO Subscription Details 

GOCOLORS IPO was subscribed 135.46 times as updated on 22nd November 2021 (19:00) 

Investor’s CategoryTotal Number of Shares offeredNumber of shares bid forSubscription Times
Qualified Institutional Buyers (QIBs)44,06,99644,39,24,124100.73 times
Foreign Institutional Investors (FIIs) 12,63,37,302 
Domestic Financial Institutions (Fin. Insti. (FI)/ Banks/ Insurance Companies) 16,72,24,008 
Mutual Funds 3,12,64,191 
Others 11,90,98,623 
Retail Individual Investors (RIIs)14,68,9987,30,08,81049.70 times
Cut Off 5,77,95,150 
Price bids 1,52,13,660 
Non-Institutional Investors (NIIs)22,03,49757,75,01,092262.08 times
Corporates 8,11,67,352 
Individuals (Other than RIIs) 46,68,20,235 
Others 2,95,13,505 
Total80,79,4911,09,44,34,026135.46 times

Quick Links  

Go Fashion Official websitewww.gocolors.co.in
GOCOLOR IPO Allotment StatusLink 1 | Link 2
RHP Click Here

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