GoAir IPO GMP - GoAir (Airlines) Grey Market Premium Today
GoAir (Go First) IPO is scheduled to open on December 2021. Know all information about GoAir IPO (Go First IPO) - GoAir IPO GMP ( GoAir Grey Market Premium ), IPO Date, GoAir IPO Review, All important dates, Benifits and Risk. We will update GoAir Limited Grey Market Premium everyday. Also, all the information related to GoAir IPO like GoAir IPO price band, all dates, issue size and retail portion ,etc. will update soon. Everything about GoAir IPO is given below.
 |
| GoAir IPO GMP, GoAir Grey Market Premium |
GoAir IPO Details
The IPO of GoAirlines Limited aka GoAir (Now GoFirst) may come in December. GoAir (GoFirst) will raise around ₹3600 crores through the IPO, although the company is yet to officially announce the IPO date and price band. The IPO of GoAir will open in December -- and close in December --. The price band of the IPO is ₹- to ₹-. The company is looking to raise Rs 3600 crore through an initial public offering (IPO).
The company is in the process of changing its brand name from 'GoAir' to "Go First". The company has already started using the "Go First" trademark and brand name. The IPO of GoAir will be listed on NSE and BSE. The information given is on the basis of DRHP filed by GoAir Limited. We will talk about GoAir Limited's financials, benefits, and risks of investing in the company.
What is GoAir IPO GMP Today?
GoAir IPO GMP is ₹0.
What is the GoAir IPO Date?
GoAir IPO Opening date is 08 December 2021.
What is GoAir IPO Expected Return?
GoAir IPO Expected Returns is approx -%.
About GoAir (Go First )
The company was incorporated in 2006. Presently the company provides various analytics services like Data & Analytics Consulting, Business Analytics & Insights, Advanced Predictive Analytics, Data Engineering, and Digital Solutions.
The company is in the process of changing its brand name from 'GoAir' to "GoFirst". The company has already started using the "GoFirst" brand and trademark name. The company is the 5th largest airline company in India. The company operates around 300+ flights daily.
Go First or GoAir is India's ultra-low-cost airline with a network of multiple domestic and international destinations. Go FIRST (GoAir) has increased its market share to 8.3% in June 2021 as per data released by the Directorate General of Civil Aviation.
According to reports, as of February 2021, GoAir's fleet consisted of 56 aircraft. Around 10.8 million passengers used GoAir in FY2018, while passenger volume has grown to 16.2 million passengers in FY20. GoAir has a network of around 28 domestic and 9 international destinations covered.
Important Links:
- GoAir Website
- GoAir DRHP
- GoAir RHP
Purpose of the offer
- To prepay or make scheduled repayment of all or a part of certain outstanding borrowings taken by the company.
- Another reason is that the company wants to secure the lease rental payments and future maintenance of the aircraft with a cash deposit.
- For fuel supplied to the company (repayment of dues in part or in full).
- To meet common corporate objectives
GoAir GMP Today (Grey Market Premium)
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 19 December | ₹ | ₹ | ₹ |
| 18 December | ₹ | ₹ | ₹ |
| 17 December | ₹ | ₹ | ₹ |
| 16 December | ₹ | ₹ | ₹ |
| 15 December | ₹- | ₹- | ₹- |
| 14 December | ₹- | ₹- | ₹- |
| 13 December | ₹- | ₹- | ₹- |
| 12 December | ₹- | ₹- | ₹- |
| 11 December | ₹- | ₹- | ₹- |
| 10 November | ₹- | ₹- | ₹- |
| 09 November | ₹- | ₹- | ₹- |
| 08 November | ₹- | ₹- | ₹- |
| 07 November | ₹- | ₹- | ₹- |
| 06 November | ₹- | ₹- | ₹- |
| 05 November | ₹- | ₹- | ₹- |
GoAir IPO Date, Price Band, and Details
GoAir IPO open date: - December 2021, Closing date: - December 2021, and Listing date: - December 2021. The price band of GoAir IPO is ₹- to ₹- per share. GoAir's IPO issue size is Rs 3600 crores. GoAir Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion 15%.
| IPO Open: | December2021 |
| IPO Close: | December 2021 |
| Listing Date: | December 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹3600 Crores |
| Fresh Issue: | Approx ₹3600 Crores |
| Offer For Sale: | N/A |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹01 / Equity share |
| QIB Portion: | 75% |
| Issue Type: | Book Build |
| Retail Portion: | 10% |
GoAir IPO Market Lot & Size
GoAir IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size are - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | -Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 13 |
| Maximum Lot Size: | - Shares |
| Maximum Amount: | ₹- |
GoAir IPO Allotment & Listing Date
| Ipo Opening Date: | 08 December 2021 |
| IPO Closing Date: | 10 December 2021 |
| Basis of Allotment: | December 2021 |
| Refund Date: | December 2021 |
| Credit to Demat Account: | December 2021 |
| Listing Date: | December 2021 |
GoAir IPO Review
HappiestPost Review: Updated Soon.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
Strength
- The company is planning to add a fuel-efficient and next-generation fleet.
- The company is focusing on its operational efficiency.
- The company has 09 international and more than 35 domestic routes.
- The company has a strategic network for slot deficient airports.
- The company has an experienced board and management team
Risks
- Due to the Corona epidemic, all the travel-related industries have been badly affected, including the airline industry.
- The company has been incurring losses for several consecutive years.
- Making profits in the airline industry is very difficult.
- Now many airlines are working on ultra-low-cost business models which the company is facing tough competition.
GoAir Financials
GoAir Financials (in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| Mar 18 | ₹7553 | ₹4601 | -₹31 |
| Mar 19 | ₹111,34 | ₹5936 | -₹387 |
| Mar 20 | ₹14082 | ₹7258 | -₹1271 |
| Dec 20 | ₹14458 | ₹1438 | -₹471 |
Promotors
The promoters of the company are:
- Nusli Neville Wadia
- Ness Nusli Wadia
- Jehangir Nusli Wadia
- Go Investments & Trading Private Limited
Contact Details of GoAir
GoAirlines (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
Lead Managers
- ICICI Securities Limited
- Morgan Stanley India Company Pvt Ltd
- Citigroup Global Markets India Private Limited
GoAir IPO Registrars
Link Intime India Private Limited
C-101, 1stFloor, 247 Park,
Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra
Telephone no.: (+91 22) 4918 6200
E-mail: goair.ipo@linkintime.co.in
Website: https://web.linkintime.co.in
Conclusion
The company is one of the well-known airline companies in India. GoFirst or GoAir is a network of multiple domestic and international destinations. Also, GoAir is an ultra-low-cost airline. If we look at the financial overview of the company, then the company has remained at the loss for many years. Right now the gray market premium of the company has not started, if the grey market premium of the company is 50% to 60% then only you apply for listing gain. If you want to invest for the long term then you need to do more research about the company.
FAQs About GoAir Ipo
What is the opening date of GoAir IPO?
GoAir IPO's opening date is December 2021.
What is GoAir IPO GMP Today?
GoAir IPO GMP is ₹ as of today.
How much is GoAir IPO Kostak Rate Today?
GoAir IPO Kostak rate is ₹- as of today.
What is the GoAir IPO Closing date?
GoAir IPO Closing date is December 2021.
What is the GoAir IPO allotment date?
GoAir IPO allotment date is December 2021.
What is the GoAir IPO listing date?
GoAir IPO listing date is December 2021.
What is the GoAir IPO Price band?
GoAir IPO price band is ₹- to ₹-
What is GoAir IPO Subject to Sauda Today?
GoAir IPO Subject to Sauda is ₹- as of today.
What is GoAir IPO Expected Returns after Listing?
GoAir IPO Expected Returns is --% to --%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the GoAir Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Go First Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
IPO Disclaimer
- Do research first then apply for IPO.
- We are not involved in grey market trading in any way. And do not provide the facility to buy or sell IPO form of any IPOs.
- Reference to IPO Gray Market Premium (IPO GMP) is valid only for the date specified in the header, we are not involved in the buy or sell of IPO form.
- Do not decide to subscribe to an IPO solely on the basis of GMP (Grey market premium), as this may change at any time prior to listing. Do research about the fundamentals and financial details of companies before subscribing.
We hope you like this article about GoAir IPO. If you have a query about GoAir IPO Please post a comment.
Thanks For Visiting & Happy Investing.
0 Comments
We are waiting for your comments. 💙