How to apply the GoAir IPO? You can apply GoAir IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GoAir IPO in the Invest section. The other option you can apply GoAir IPO via IPO forms
download via NSE and BSE. Check out the GoAir forms – click NSE Forms
& BSE Forms
blank IPO forms download, fill and submit in your bank or with your broker.
GoAir is the aviation foray of India’s Wadia Group, which is a part of one of the oldest conglomerates in India with presence in diversified industries. The Wadia group comprises leading brands including 150-year-old The Bombay Burmah Trading Corporation Limited, 140-year-old Bombay Dyeing and Manufacturing Company Limited, 102-year-old Britannia Limited, 66-year-old National Peroxide Limited, the decade old Wadia Reality Private Limited and many others. GoAir is a low-cost carrier (LCC) that aims to make air travel affordable and accessible to the masses. GoAir was incorporated on April 29, 2004, and commenced flight operations in November 2005 with its inaugural flight from Mumbai to Ahmedabad. It has flown 83.8million passengers since fiscal 2010 and as of December 31, 2020.
We promote our brand and our simple brand message of ‘Fly Smart’ to our passengers. Our airline has been the industry leader for on time performance for 15 consecutive months between September 2018 and November 2019, and had the least flight cancellations for fiscal 2021 and as of January 31, 2021. It has the second highest load factor of 88.9% during fiscal 2020, with one of the lowest customer complaints in the industry in fiscal 2021 for the period up to January 31, 2021. As of February 10, 2021, the GoAir fleet comprises 56 aircraft, of which 46 aircraft were A320 aircraft and 10 were A320 CEO models. We currently have an order book of 98 A320 NEO aircraft and expect to take delivery of eight additional A320 NEOs, in fiscal 2022, 14 in fiscal 2023 and 14 in fiscal 2024.
We strive to follow best safety practices. Our commitment to safety and security is reflected in the maintenance of our aircraft and engines, the extensive training given to pilots, cabin crew and employees and the strict policies and procedures in compliance with the local regulations, international standards and best practices regarding all areas of our business that are involved with the operation of our aircraft.
As of January 31, 2020, GoAir operates flights across 37 destinations – 28 domestic and 9 international. The airline’s network is spread across cities in India and abroad.
GoAir IPO Prospectus
GoAIR IPO Notification
INITIAL PUBLIC OFFERING OF UP TO [●] EQUITY SHARES OF FACE VALUE OF ‘1 0 EACH (“EQUITY SHARES”) OF GO AIRLINES (INDIA) LIMITED (“OUR COMPANY” OR THE “ISSUER”) FOR CASH AT A PRICE OF ‘[●] PER EQUITY SHARE (INCLUDING A PREMIUM OF ₹ [●] PER EQUITY SHARE) (“ISSUE PRICE”), AGGREGATING UP TO’ 36,000.00 MILLION ( THE “ISSUE “). THE ISSUE SHALL CONSTITUTE [●]% OF THE POST – ISSUE PAID – UP EQUITY SHARE CAPITAL OF OUR COMPANY. OUR COMPANY, IN CONSULTATION WITH THE GC BRLMS, MAY CONSIDER A FURTHER ISSUE OF EQUITTY SHARES THROUGH A PREFERENTIAL ISSUE OR ANY OTHER METHOD AS MAY BE PERMITTED IN ACCORDANCE WITH APPLICABLE LAW TO ANY PERSON(S), AGGREGATING UP TO ₹ 15,0 0 0.00 MILLION, AT ITS DISCRETION, PRIOR TO FILING THE RED HERRING PROSPECTUS WITH THE ROC (“PRE – IPO PLACEMENT”). IF THE PRE – IPO PLACEMENT IS COMPLETED, THE ISSUE SIZE WILL BE REDUCED TO THE EXTENT OF SUCH PRE – IPO PLACEMENT, SUBJECT TO THE ISSUE CONSTITUTING AT LEAST [●]% OF THE POST – ISSUE PAID UP EQUITY SHARE CA PITAL OF OUR COMPANY. THE PRICE BAND (INCLUDING THE RETAIL DISCOUNT, IF ANY) AND THE MINIMUM BID LOT WILL BE DECIDED BY OUR COMPANY IN CONSULTATION WITH THE GCBRLMS AND WILL BE ADVERTISED IN ALL EDITIONS OF [●] AND ALL EDITIONS OF [●] (WHICH ARE ENGLISH AND HINDI NATIONAL DAILY NEWSPAPERS, RESPECTIVELY, HINDI BEING THE REGIONAL LANGUAGE OF THE N ATIONAL CAPITAL TERRITORY OF DELHI, WHERE THE REGISTERED OFFICE OF OUR COMPANY IS LOCATED), EACH WITH WIDE CIRCULATION, AT LEAST TWO WORKING DAYS PRIOR TO THE BID/ ISSUE OPENING DATE AND SHALL BE MADE AVAILABLE TO BSE LIMITED (“BSE”) AND NATIONAL STOCK EXCHANGE OF INDIA LIMITED (“NSE”, TOGETHER WITH BSE, THE “STOCK EXCHANGES”) FOR UPLOADING ON THEIR RESPECTIVE WEBSITES.
GoAir Company Promoters:
- NUSLI NEVILLE WADIA
- JEHANGIR NUSLI WADIA
- NESS NUSLI WADIA
- GO INVESTMENTS & TRADING PRIVATE LIMITED
GoAir IPO Registrar:
Link Intime India Private Limited
C-101, 247 Park, 1stFloor
L.B.S. Marg, Vikhroli WestMumbai 400 083
Tel:+91 22 4918 6200
Investor Grievance e-mail: firstname.lastname@example.org
SEBI Registration No.:INR00000405
GoAir IPO Lead Managers:
- ICICI Securities Limited
- Citigroup Global Markets India Private Limited
- Morgan Stanley India Company Private Limited
GoAir Company Address:
Go Airlines (India) Ltd
C/O Britannia Industries Limited,
A-33, Lawrence Road Industrial Area,
New Delhi 110 035, National Capital Territory of Delhi
Telephone no.:(+91 11) 7156 8136
First Floor, C-1, Wadia International Centre,
Pandurang Budhkar Marg, Worli,
Mumbai 400025, Maharashtra
Telephone no.:(+91 22)6741 0000
Contact Person: Niranjan Karde
Company Secretary and Compliance Officer
Telephone no.: (+91 22)67420028
GoAir IPO FAQs
What is GoAir IPO?
GoAir IPO is a main-board IPO. They are going to raise ₹3600 Crores via IPO. The issue is priced at – to – per equity share. The IPO to be listed on BSE & NSE.
When GoAir IPO will open?
The IPO is to open on (not announced yet) for QIB, NII, and Retail Investors.
What is GoAir IPO Investors Portion?
The investors’ portion for QIB-50%, NII-15%, and Retail 35%.
How to Apply the GoAir IPO?
You can apply GoAir IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the GoAir IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “GoAir”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is GoAir IPO Size?
GoAir IPO size is ₹3600 crores.
What is GoAir IPO Price Band?
GoAir IPO Price Band is ₹- to ₹-.
What is GoAir IPO Minimum and Maximum Lot Size?
The minimum bid is – Shares with ₹- amount while maximum bid is – shares with ₹-.
What is GoAir IPO Allotment Date?
GoAir IPO allotment date is not announced yet.
What is GoAir IPO Listing Date?
GoAir IPO listing date is not announced yet. The IPO to list on BSE and NSE.