Go First IPO will open in 2022. Incorporated in 2005, Go First is India’s fastest growing ultra-low-cost carrier (ULCC) that aims to make air travel affordable and accessible to people.
List of Topic Covered
Key Features of Go First IPO
- Go First IPO will open on 2022
- You can apply in this IPO from 2022 to 2022
- Issue Price band of the company is Rs. per equity share.
- This IPO comprises fresh issue of equity shares worth ₹ 3600 crores.
- It has a minimum shares in one lot and you have to spend a minimum ₹ for 1 lot.
- Go First IPO is looking to raise ₹ 3600 crores through this IPO.
What is Go First (Go Airlines)?
- Go Air is part of India’s Wadia group and recently they have rebranded itself as Go First.
- Founded in 2005, Go First is India’s 5th largest ultra-low-cost airline that puts people first.
- As of today Go First consists of 56 aircraft and covers a network of 31 domestic and 10 international destinations.
- Jeh Wadia started Go First in 2005. Mr. Kaushik Khona is the CEO of the company.
- On the revenue front, Go First has been a loss making company for the last 3 consecutive years. An important point to consider for investors.
Grey Market Premium of Go First IPO GMP
Grey market is an unregulated market to trade ipo shares before listing. Go First IPO price band is placed at ₹ – ₹ , but the grey market premium of this share is currently % i.e. at ₹. So the share price of Go First IPO in the grey market is ₹.
Go First IPO Live Subscription Status
Data coming soon.
Go First IPO Conditions to know before Investing, Date, Lot Size, Allotment
| IPO Start Date | 2022 |
| IPO Close Date | 2022 |
| Share Allotment Date | 2022 |
| Refunds Date | 2022 |
| Credit to Demat Account Date | 2022 |
| IPO Listing Date | 2022 |
| Fresh Equity Share Issue | NA |
| Offer For Sale (OFS) Equity Share | Approx worth ₹ 680 crores |
| Face Value | ₹ 10 Per Equity Share |
| Price Band | ₹ – ₹ Per Equity Share |
| Retail Quota Share | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Listing on | NSE & BSE |
| Minimum Lot Size | Shares in 1 Lot |
| Minimum Amount | ₹ _ For 1 Lot |
| Maximum Lot Size | Shares (_Lot) |
| Maximum Amount | ₹_ (For _Lot) |
| Employee Discount | NA |
| DRHP | View |
Go First IPO Financial Report of 2019,2020 & 2021
Company is making profits for the last three years which is a strong positive sign for the investors.
| Year | Revenue | Expense | PAT (Profit After Tax) |
| 2021 (6M) | ₹ 1438 | ₹ 2176 | – ₹ 471 |
| 2020 | ₹ 7258 | ₹ 9162 | – ₹ 1271 |
| 2019 | ₹ 5937 | ₹ 6846 | – ₹ 387 |
Basis of Allotment in Go First IPO
- Go First IPO’s 75 % quota is reserved for the QIB category.
- 15 % quota is reserved for NII Category and
- 10 % quota is reserved for retail investors.
How to Apply in Go First IPO
- You can apply for the Go First IPO through the ASBA facility available in your bank account.
- Just login to your online banking. GO to the IPO section and apply for Go First IPO
- Also you can apply this IPO through your trading account
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Go First IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Go First IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Go First IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Go First IPO
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Go First IPO Allotment Status
You can check Go First IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Go First IPO
Go First Promoters
- Nusli Neville Wadia
- Jehangir Nusli Wadia
- Ness Nusli Wadia
- Go Investments & Trading Private Limited
Go First IPO Lead Managers
- Citigroup Global Markets India Private Limited
- ICICI Securities Limited
- Morgan Stanley India Company Pvt Ltd
Go First contact information
Go Airlines (India) Limited
C/O Britannia Industries Limited, A-33,
Lawrence Road Industrial Area,
New Delhi 110035, NCR
- Phone: (+91 11) 7156 8136
- Email: compliance.officer@goair.in
- Website: https://www.flygofirst.com/
Go First IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: goair.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Go First IPO FAQs
What is Go First IPO?
Go First IPO is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹ 3600 crore through this IPO. One lot has minimum shares and you have to spend a minimum ₹ for 1 lot.
What is Go First IPO Price band?
Go First IPO price band is ₹ to ₹.
What is the investors portion in Go First IPO?
Go First IPO’s 10 % quota is reserved for retail investors. 15 % quota is reserved for NII Category and 75 % quota is reserved for the QIB category.
When Go First IPO will open?
Go First IPO will open in 2022.
What is the lot size of Go First IPO?
Go First has minimum shares in 1 lot. Minimum amount for 1 lot is ₹ . Maximum lot size is and maximum amount you have to pay for a lot is .
When is the Go First IPO Allotment?
Basis of Allotment for Go First IPO will happen in 2022 and allotted shares will be deposited in your demat account on 2022.
When is the Go First IPO Listing Date?
Shares of Go First will list in the market in 2022.
Paisa kaudi recommendation on Go First IPO
Go First is India’s fastest growing ultra-low-cost carrier (ULCC). COVID has definitely impacted the travel business in a big way. company is making losses from last three years. Price range and other parameters are yet to come.
Keep checking the page for complete details. Data coming soon.
I hope this covers all the points on Go First IPO.
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