| Go Air IPO GMP | Go Air IPO Reviews | Allotment Status |
Go Air IPO description: The company is one of the fastest growing airlines in India, with an increase in domestic market share from 8.8% in fiscal 2018 to 10.8% in fiscal 2020. As an ultra-low-cost carrier (ULCC), focused on maintaining a low-cost base and high utilization of our modern and fuel-efficient fleet. As of February 10, 2021, its fleet inventory consisted of 56 aircraft, of which 46 aircraft were A320 NEO models and 10 were A320 CEO models.
All its aircraft employ highdensity seating with a single cabin configuration. The average age of its aircraft was 3.7 years, which, according to CAPA report, was the youngest average fleet age among Indian LCC carriers and one of the youngest fleets of any LCC globally. A320 NEOs are 17-20% more fuel-efficient than A320 CEOs and constitute 82% of our fleet size (as of February 10, 2021). Its Operating CASK of 3.06, Fuel CASK of 1.27, Maintenance CASK of 0.60 and Employee Benefits CASK of 0.45 in fiscal 2020 are the lowest among LCCs in India.
Currently it is awaiting delivery of 98 A320 NEO aircraft and is expected to take delivery of eight additional A320 NEOs, in fiscal 2022, 14 in fiscal 2023 and 14 in fiscal 2024, expecting to take deliveries of the balance aircraft from fiscal 2025 onwards. It has the highest percentage of next generation aircraft in its fleet in India. It is expecting that by the end of fiscal 2024, the company’s fleet will solely comprise A320 NEO aircraft.
Its passenger volume increased at a CAGR of 22.4% from 10.8 million passengers in fiscal 2018 to 16.2 million passengers in fiscal 2020. Its market share of domestic passenger volume increased from 8.8% in fiscal 2018 to 10.8% in fiscal 2020.
Promoters of Go Air – Nusli Neville Wadia, Jehangir Nusli Wadia, Ness Nusli Wadia and Go Investments & Trading Private Limited
Go Air IPO Date, Size & Price Band
| Go Air IPO Date | Coming soon |
| Go Air IPO Price Band | Coming soon |
| Fresh issue | INR3,600 crore |
| Offer For Sale | Nil |
| Total IPO size | INR3,600 crore |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Go Air’s Financial Performance
| FY2019 | FY2020 | FY2021 | H1 FY2022 | |
| Revenue | 5,936.8 | 7,258.0 | 2,327.5 | 1,202.9 |
| Expenses | 6,845.9 | 9,161.7 | 3,686.7 | 2,126.4 |
| Net income | (386.6) | (1,270.7) | (870.2) | (923.4) |
| Margin (%) | (6.5) | (17.5) | (32.6) | (76.8) |
Go Air IPO News
- Go Air RHP
- Go Air DRHP
Go Air IPO Timetable
| IPO Opening Date | 08 December 2021 |
| IPO Closing Date | 10 December 2021 |
| Finalisation of Basis of Allotment | |
| Initiation of refunds | |
| Transfer of shares to demat accounts | |
| Listing Date | |
| Opening Price on NSE | |
| Closing Price on NSE |
Go Air Valuations & Margins
| FY2018 | FY2019 | FY2020 | |
| EPS | (2.08) | (25.47) | (82.48) |
| PE ratio | – | – | – |
| RONW (%) | – | – | – |
| ROCE (%) | – | – | – |
| EBITDA (%) | – | – | – |
| Debt/Equity | – | – | – |
| NAV | – | – | – |
Go Air IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | ||||
| NII | ||||
| Retail | ||||
| Total |
Go Air Competitors & Peers
- Interglobe Aviation Limited
- Spicejet Limited
Go Air Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: www.linkintime.co.in
Go Air Contact Details
Go Airlines (India) Limited
1st Floor, C-1, Wadia International Centre (WIC),
Pandurang Budhkar Marg, Worli,
Mumbai 400 025, India
Phone: +91 22 6741 0000
Email: [email protected]
Website: www.goair.in
Go Air IPO FAQs
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
The best way to apply in Go First IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
Go Air IPO GMP today is NA per share.
Go Air IPO kostak rate today is NA per application.
Go Air Subject to Sauda rate today is NA per application.