Go Colors operator Go Fashion mops up Rs 456.12 crore from anchor investors ahead of IPO

Go Colors operator Go Fashion mops up Rs 456.12 crore from anchor investors ahead of IPO

Go Fashion IPO | Domestic investors including SBI Mutual Fund, HDFC Trustee, ICICI Prudential, Axis Mutual Fund, Aditya Birla Sun Life, SBI Life Insurance, and Kotak Mutual Fund made investment in the operator of Go Colors brand.





November 16, 2021 / 10:05 PM IST





Go Fashion on November 16 has raised Rs 456.12 crore from 33 anchor investors, ahead of its public issue opening. The offer will open for subscription on November 17 and will close on November 22.

The company in its BSE filing said it, in consultation with merchant bankers, has finalised allocation of 66,10,492 equity shares to anchor investors at Rs 690 per share, the upper price band.

Government of Singapore, Monetary Authority of Singapore, Nomura, Abu Dhabi Investment Authority, Fidelity, Neuberger Berman Emerging Markets Equity Master Fund, University of Notre Dame Du LAC, and Volrado Venture Partners Fund II are among marquee investors invested in Go Fashion through anchor book.

Domestic investors including SBI Mutual Fund, HDFC Trustee, ICICI Prudential, Axis Mutual Fund, Aditya Birla Sun Life, SBI Life Insurance, and Kotak Mutual Fund also made investment in the operator of Go Colors brand.

Also read - Go Fashion IPO opens tomorrow | 10 key things