GO Airlines India Ltd. - GoAir IPO Details

Issue Date To be announced
Price Band To be announced
Lot Size To be announced
Issue Size To be announced
Listing At NSE, BSE
QIB Shares Offered To be announced
Retail Shares Offered To be announced
NII (HNI) Shares Offered To be announced
Lead Managers ICICI Securities Limited, Citigroup Global Markets India Private Limited, Morgan Stanley India Company Private Limited
Minimum Investment To be announced

IPO Schedule:

Issue Period To be announced
Finalization of Allotment To be announced
Initiation of Refunds To be announced
Credit of Shares To be announced
Date of Listing To be announced
Mandate end date To be announced
Anchor Investors Lock-In End Date To be announced

About The Company:

Go First earlier known as GoAir filed DRHP with SEBI for an IPO worth Rs. 3600 Crores. The company is owned by the Wadia Group started the airlines in 2005. They operate more than 300 flights including 36 destinations and 27 domestic and 9 international destinations daily. Go First, founded as GoAir is an “Ultra Low-Cost Carrier (ULCC)”. The IPO to list on NSE and BSE both indices. Stay tuned for GoAir IPO details.

Strengths of the Company:

  • Simple, fuel-efficient, and next-generation fleet
  • Emphasis on operational efficiency and reliability
  • Established position in slot-constrained airports, with best-in-class efficiency
  • Selling experiences for the Indian youth recreation and MSME traveler
  • Proven growth history for key performance indicators.
  • Experienced Board and management team compliant with corporate governance
  • Backed by the Wadia group

Key Strategies:

The company’s long-term strategy to achieve and sustain profitable growth is to provide customers with a compelling combination of value, product and service while continuing to increase the efficiency of our operations.

  • Reduce or control unit costs through disciplined execution of the ULCC Model
  • Expand and optimize network
  • Differentiated initiatives and multiple touchpoints for customer
  • Grow ancillary revenue
  • Maintain a strong capital structure to support our growth strategies and expansion of our fleet

How Do I Apply for GO Airlines (India) Ltd IPO?

You can apply for GO Airlines India Ltd. - GoAir IPO through your Demat & Trading Account using UPI ID by following the below two steps:

  • Visit Bajaj Securities App
  • Click Menu
  • Visit IPO/NCD
  • Enter your bid on BFSLTrade App
  • Accept UPI mandate on your payment mode

Once acceptance of the mandate is done, the bid amount will get blocked in your bank account.

Being a Bajaj Financial Securities Limited client, you have an edge as you can easily apply for Ixigo IPO through BFSL Trading app using your UPI and also get IPO Funding* for up to 1 Crore.

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GO Airlines IPO FAQs

Go Airlines India Limited IPO is a main-board IPO. They are going to raise Rs. 3600 Crores through an IPO.

The IPO open and close dates are yet to be updated soon for QIB, NII, and Retail Investors.

The IPO minimum and maximum lot size are yet to be disclosed.

Link Intime India Private Limited is the registrar of Go Airlines (India) Limited.

Go Airlines Limited IPO is to be listed on BSE & NSE.

Disclaimer: Investments in securities markets are subject to market risks, read all the related documents carefully before investing. No need to issue cheques by investors while subscribing to IPO. No worries for refund as the money remains in investors account. BFSL is not providing any research or investment advice and should not be construed as solicitation. Investor’s discretion is required before investing by their own informed choice or after consulting financial advisors. Reg Office: Bajaj Auto Limited Complex , Mumbai –Pune Road Akurdi Pune 411035. Corp. Office : Bajaj Financial Securities Ltd,1st Floor, Mantri IT Park, Tower B, Unit No 9, Viman Nagar, Pune, Maharashtra 411014.. SEBI Registration No.: INZ000218931 | BSE Cash/F&O (Member ID: 6706) | NSE Cash/F&O (Member ID: 90177) | DP registration No : IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403. Website: https://www.bajajfinservsecurities.in/ Online Trading & Stock Broking in India | Bajaj Financial Securities Limited Bajaj Financial Securities - Open a Trading and Demat account and start investing, saving up to 99%** on brokerage charges.

*IPO Financing is done through Bajaj Finance Limited. Bajaj Finance Limited (BFL or Lender) reserves the sole right to decide participation in any IPO and financing to the client shall be subject to credit assessment done by the lender. Also, BFL shall have full rights to decide the commercial terms for IPO and final application and financing shall be subject to all requirements being met by the client in a timely manner including documentation, account setup and payment of required Interest and Margin. Bajaj Finance Limited also reserves the exclusive rights to change any of the above-mentioned terms and conditions without prior notice to clients. UPI is mandatory to bid in all IPOs through our platform. As per exchange guidelines, all the UPI mandates will only be accepted till 5:00 PM on IPO closure day.

Data Source - DRHP