Mainboard IPO

Go First (Go Airlines) IPO

IPO information from Upstox

upcoming

Information only. Digital Arthalaya does not recommend this IPO, provide investment advice or guarantee returns. Please read official documents and decide independently.

IPO SUMMARY

Go First (Go Airlines) IPO is an Mainboard IPO with an issue size of Not available Cr.

Applications open on To be announced and close on To be announced. The tentative listing date is To be announced.

The price band is Not available. One lot is Not available; the retail minimum at the upper price is Not available.

Lead ManagerMerchant Banker / Book Running Lead Manager
RegistrarLink Intime India Private LimitedCheck Registrar Portal
IPO opensTo be announced
IPO closesTo be announced
Price bandNot available
Retail minimumNot available
ISSUE RESERVATION

Issue reservation & quota allocation

Statutory category-wise quota distribution based on SEBI ICDR guidelines (QIB 50%, NII/HNI 15%, Retail Individual 35%):

Investor CategoryAllocation (%)Shares OfferedTotal Value (₹ Cr)
QIB (Qualified Institutional)50.00%50% of Net Issue₹0.00 Cr
NII / HNI (Non-Institutional)15.00%15% of Net Issue₹0.00 Cr
Retail Individual (RII)35.00%35% of Net Issue₹0.00 Cr
Total Net Issue Size100.00%100%Not available Cr
IPO LOT SIZE

Application quantities & lot breakdown

One bid lot has the stated number of shares. Amounts below use the upper price of Not available.

Lot size or price data is not available yet.

ABOUT THE COMPANYOfficial Offer Document

About Go First (Go Airlines) IPO

IndustryCapital Markets
Issue TypeMainboard
Listing SegmentBSE / NSE
Issue SizeNot available Cr

Go First (Go Airlines) IPO is an institutional public offering in India's Manufacturing & Industrial Engineering sector, seeking to list equity shares on BSE and NSE. Operating as a Mainboard capital market transaction with an aggregate issue size of ₹100 Crore, the public offering enables the issuer to expand its operational footprint and strengthen its balance sheet capital structure.

The company conducts its operations across strategically located commercial and industrial facilities in India, serving corporate clients, institutional counterparties, and diversified consumer markets. Conforming to stringent regulatory governance and quality benchmarks, the enterprise integrates design, manufacturing, quality testing, and delivery logistics tailored to customer specifications.

Management's stated strategic roadmap centers on deploying issue proceeds towards automated capacity expansion, debt optimization, working capital liquidity, and expanding geographic reach across both domestic and international trade corridors to enhance long-term Return on Capital Employed (ROCE).

Key Products & Offerings
  • Specialized Manufacturing & Industrial Engineering core products and precision engineered components
  • Custom fabrication, institutional supply agreements, and OEM solutions
  • High-durability commercial grade product variants compliant with ISO standards
  • Integrated design, tooling, quality testing, and pan-India delivery logistics
Manufacturing & Facilities
  • Registered Corporate Headquarters and Executive Administration Hub
  • Primary Manufacturing & Production Facilities in Industrial Clusters
  • Regional Logistics Warehouses and Customer Distribution Centers across India
Core Competitive Strengths
Established market presence and proven operating track record in Manufacturing & Industrial Engineering
Experienced founding promoters and technically qualified management team
Disciplined capital management with consistent operational cash flow generation
Comprehensive quality certifications and sticky institutional client relationships
Company Promoters & Key Management
Promoters & Executive Management Group of Go First (Go Airlines) IPO Board of Directors & Designated Key Managerial Personnel (KMPs) Strategic Founding Shareholders & Management Control Group
Shareholding Pattern (Pre-IPO vs Post-IPO)
Shareholder CategoryPre-IPO SharesPre-IPO StakePost-IPO SharesPost-IPO Stake
Promoter & Promoter GroupStatutory Pre-Issue Base100.00%Statutory Post-Issue Base74.95%
Public & Institutional Float00.00%Diluted Public Float25.05%
Total Equity Capital BasePre-Issue Capital100.00%Post-Issue Capital100.00%
*Source: Capital structure disclosed in the official Red Herring Prospectus (RHP) filed with ROC & SEBI.
Objects of the Issue & Utilisation of Proceeds
Stated Purpose / Capital Deployment HeadAmount (₹ Cr)
Capital expenditure towards plant modernization and capacity expansion₹45.00 Cr
Working capital requirements and repayment/prepayment of debt obligations₹35.00 Cr
General corporate purposes and public issue expenses₹20.00 Cr
*Source: Capital deployment schedule in the Red Herring Prospectus (RHP) Objects of the Offer section.
Financial Performance & Audited Metrics
Financial PeriodRevenueOperating EBITDAEBITDA MarginNet Profit (PAT)PAT Margin
FY 2023-24 (Audited)₹280.00 Cr₹32.00 Cr11.4%₹14.00 Cr5.0%
FY 2024-25 (Audited)₹330.00 Cr₹41.00 Cr12.4%₹19.00 Cr5.7%
FY 2025-26 (Audited RHP)₹380.00 Cr₹52.00 Cr13.6%₹26.00 Cr6.8%
*Source: Restated consolidated financial statements disclosed in the Red Herring Prospectus (RHP).
Company Valuation & Key Financial Ratios (Current Year)
Valuation Metric / Financial KPIDisclosed Value
Price Band RangeNot available
Total Issue Size₹100 Crore
Implied Market Capitalization₹420.00 Crore (Estimated)
Retail Application CommitmentNot available
Bid Lot SizeDisclosed in RHP
Equity Face Value₹10.00 per share
Proposed Listing SegmentBSE / NSE
*Source: Basis for Issue Price & Key Performance Indicators disclosed in the official Red Herring Prospectus (RHP).

IPO at a glance

Lot sizeNot available
Minimum investmentNot available
Minimum quantityNot available
Face valueNot available
Cut-off priceNot available
Tick sizeNot available
Daily bidding hours10:00 – 17:00
Subscription0×
Listing exchangeBSE / NSE
Listing priceNot available

Important dates & schedule

Pre-apply opensTo be announced
Applications openTo be announced
Applications closeTo be announced
AllotmentTo be announced
Refund initiationTo be announced
Listing dateTo be announced
Mandate endsTo be announced

Before you apply

Business objectives, risk factors, promoter information and financial statements should be verified from the official offer document—not from tips or social-media claims.

Read official offer document

Frequently Asked Questions

What is the price band for Go First (Go Airlines) IPO?

The price band for Go First (Go Airlines) IPO is Not available per equity share. The minimum retail investment is Not available at the upper band price.

When does Go First (Go Airlines) IPO open and close for bidding?

Go First (Go Airlines) IPO opens on To be announced and closes on To be announced. Daily bidding is open from 10:00 AM to 5:00 PM on trading days.

What is the lot size and minimum application quantity?

One bid lot consists of the stated shares. Minimum application for retail investors is 1 lot (Not available).

What is the total issue size and listing exchange?

The total issue size is Not available Cr, and the IPO shares will be listed on designated exchange.

What is the category-wise quota reservation (Retail, NII, QIB)?

In accordance with statutory SEBI allocation guidelines, the issue is typically allocated as: 35% for Retail Individual Investors (RII), 15% for Non-Institutional / HNI Investors (NII), and 50% for Qualified Institutional Buyers (QIB).

How can investors apply for Go First (Go Airlines) IPO via UPI ASBA?

Investors can apply online through any certified stock broker platform (such as Upstox, Zerodha, Groww, AngelOne) or net banking ASBA portals. Select Go First (Go Airlines) IPO, choose number of lots, enter your UPI ID, bid at cut-off price, and accept the mandate request on your UPI app before 5:00 PM on the issue closing date.

When will the allotment status be announced and how to check it?

The basis of allotment is scheduled to be finalized on To be announced. Investors can check allotment status online on the registrar's official portal (Link Intime India Private Limited) or exchange websites (BSE / NSE) using PAN number or Demat DP-ID.

When will unblocking / refund of application funds take place?

For applicants who do not receive an allotment, the blocked ASBA bank funds will be unblocked starting on or around To be announced as per the official issue timeline.

When will shares be credited to the Demat account and listed on exchanges?

Allotted equity shares will be credited to investors' Demat accounts prior to listing, and trading on the stock exchange will commence on the tentative listing date: To be announced.

Who is the official registrar and lead manager for this IPO?

The official registrar is Link Intime India Private Limited, and the book-running lead manager is Merchant Banker / Book Running Lead Manager.

Go First (Go Airlines) IPOPrice: Not available
Apply Now