The Rs 800-crore initial share-sale of Go Fashion (India) Ltd, which owns women’s wear brand Go Colors, will open for public subscription on November 17. The initial public offering (IPO) will conclude on November 22, according to the red herring prospectus (RHP).
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The IPO comprises a fresh issue of equity shares aggregating up to Rs 125 crore and an offer-for-sale of up to 12,878,389 equity shares by a promoter and existing shareholders, the draft red herring prospectus (DRHP) showed.