GoAir (GoFirst) Ipo Details and Key Dates

Wadia Group backed GoAir recently files DRHP for IPO of ₹3600 crore. Check this article for all details about GoAir Ipo.

Wadia Group backed GoAir recently files DRHP for IPO of ₹3600 crore. 

Company Overview

GoAir was founded in November 2005 by Jeh Wadia, son of Indian industrialist Nusli Wadia. The airline is a wholly owned subsidiary of the Wadia Group.

Utilisation of Funds

Up to ₹2015 crore are used for pre-payment or repayment of outstanding borrowings.

Up to ₹1000 crore is used for its future expansion and other corporate needs.

Up to ₹279 crore is used for letter of credit issue to aircraft lessors.

Up to ₹254 crore is used for repayment of dues to the Indian Oil Corporation.

GoAir Ipo Details

Issue Type Book Built Issue
Issue Price ₹0 to ₹0
Issue Size ₹3600 Cr.
Face Value No Update
Market Lot 0 Share
Listing On NSE/BSE

Key Dates of GoAir Ipo

Ipo Open On May 2021
Ipo Closes On May 2021
Allotment Date May 2021
Refund Date May 2021
Credit To Demat May 2021
Listing Date May 2021

Financials of the Company

(All Amounts are in INR Million)
Quarter 9MFY-2021 FY-2020 FY-2019 FY-2018
Total Revenue 14,384.4 72,580.1 59,367.5 46,011.5
Total Expense 21,758.6 91,617.3 68,459.4 47,043.6
PAT(Loss) (4,706.9) (12,707.4) (3,866.0) (312.1)

Lot Size

Apl Lot Shares Amount
Min 1 Lot 0 shares ₹0
Max 0 Lot 0 shares ₹0

Promoter Holding

Pre Issue 0%
Post Issue 0%

Ipo Documents

DRHP 9.7MB

Company Contact Detail

Go Airlines (India) Limited
First Floor, C-1, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400 025, Maharashtra

Tel No.: +91 22 6741 0000
Website: www.goair.in
Email: [email protected]

Registrar Detail

Link Intime India Private Limited
C-101, 247 Park, 1st Floor L.B.S. Marg, Vikhroli West Mumbai 400 083

Tel: +91 22 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in

Lead Manager of Ipo

ICICI Securities Limited
Morgan Stanley India
CitiGroup Global Market

Frequently Asked Questions

Q.1 what is the issue price of GoAir ipo?

A.1 Currently, there are no update about the issue price of GoAir ipo.

Q.2 what is the issue size of GoAir ipo?

A.2 Issue size of GoAir ipo is Rs.3600 crore.

Q.3 What is the lot size of GoAir ipo?

A.3 No update.

Q.4 what is the allotment date is GoAir ipo?

A.4 No update

Q.5 what is the listing date of GoAir ipo?

A.5 No update

Q.6 When will GoAir ipo open?

A.6 GoAir ipo likely to open in this May-June 2021. (Date may be change.)

Q.7 Who is the Registrar of GoAir ipo?

A.7 Link Intime India Private Ltd is the Registrar of GoAir ipo.

Q.8 who is the lead managers of the GoAir ipo?

A.8 There are 3 Lead managers of this ipo.

  • ICICI Securities Limited
  • Morgan Stanley India
  • Citigroup Global Markets India

Conclusion

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