As the IPO frenzy continues with back-to-back initial share sales in the past few weeks, two companies – Go Fashion (India) Ltd, which owns women’s wear brand Go Colors, and Tarsons Products will launch their initial public offerings (IPOs) this week on the same day on Wednesday, November 17.
IPOs this week –
Go Fashion: Go Fashion (India) Ltd, which owns women’s wear brand Go Colors, on Friday said it has fixed a price band of ₹655-690 a share for its ₹1,014 crore initial public offering (IPO). The three-day initial share-sale will open for public subscription on November 17 and conclude on November 22.
The IPO comprises fresh issue of equity shares aggregating up to ₹125 crore and an offer for sale of up to 12,878,389 equity shares by promoter and existing shareholders. The company is engaged in the development, design, sourcing, marketing and retailing a range of women’s bottom-wear products under the brand, ‘Go Colors’.
Tarsons Products: Leading life sciences company Tarsons Products, whose initial public offering (IPO) will open on November 15 and conclude on November 17, has fixed a price band of ₹635-662 a share for its ₹1,024-crore initial share-sale.
The IPO comprises fresh issuance of equity shares worth ₹150 crore and an offer for sale (OFS) of 1.32 crore equity shares by promoters and an investor. Tarsons Products is engaged in designing, developing, manufacturing and supplying a diverse range of quality labware products used in laboratories across research organisations, academic institutes, pharmaceutical firms, diagnostics companies and hospitals.
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