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GO AIRLINES GMP Today #
On 1 January 2022 
Grey Market Premium : Not started
Application Rates : Not started
Subject to Rates : Not started

GO AIRLINES Company Details
Go Air is an ultra-low-cost carrier (“ULCC”) focused on maintaining low unit costs and delivering compelling value to customers that drives its unit revenues. It 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 a ULCC, Go Air is focused on maintaining a low-cost base and high utilization of its modern and fuel-efficient fleet. The average age of its aircraft was 3.7 years, which, according to CAPA, was the youngest average fleet age among Indian LCC carriers and one of the youngest fleets of any LCC globally. It has the highest percentage of next generation aircraft in its fleet in India. It expects that by the end of fiscal 2024, its fleet will solely comprise A320 NEO aircraft.
Go Air has benefited and expect to continue to benefit from the highly attractive industry dynamics that characterize the Indian aviation market.
According to CAPA, between fiscal 2010 and fiscal 2020, the domestic air travel passenger market in India has grown at a CAGR of 11.9% and the international air travel passenger market has grown at a CAGR of 6.8%.
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.Go Air has high aircraft utilization during fiscal 2020, with an average utilization of 12.9
hours per day with a high load factor of 88.9%. …For more study : www.goair.in

The promoters of GO AIRLINES
Nusli neville Wadia ,
Jehangir Nusli Wadia ,
Ness Nusli Wadia &
Go Investments & Trading Private limited
.
GO AIRLINES IPO Main Objects
The Company proposes to utilise the Net Proceeds towards funding of the following objects:
1. Prepayment or scheduled repayment of all or a portion of certain outstanding borrowings availed by the Company;
2. Replacement of letter of credits, which are issued to certain aircraft lessors towards securing lease rental payments and future maintenance of aircrafts, with cash deposit;
3. Repayment of dues to Indian Oil Corporation Limited, in part or full, for fuel supplied to the Company

GO AIRLINES IPO Details
IPO Opens on : (?) 2021
IPO Closes on : (?) 2021
Issue Type: Book Built Issue IPO
IPO Size : up to Rs 3600.00 Crore
*Offer for Sale Up to ? Equity Shares
Face Value per share : Rs. 10

GO AIRLINES IPO Price Band Per Equity Share: Rs. ??
GO AIRLINES IPO Lot Size ? Shares
GO AIRLINES Listing will at BSE,NSE

Shares offered to
QIB ? Shares = Rs ?Crs
NII ? Shares = Rs ?Crs
RII (10%) ? Shares = Rs ?Crs
Lot size: ? = ? Forms

GO AIRLINES IPO Tentative timeTable

GO AIRLINES IPO Allotment on
Unblocking of ASBA
Credit to Demat Accounts
GO AIRLINES Listing on

GO AIRLINES IPOLtd Financial Details :
Earnings per Share 2019-20 Rs (82.48)
Earnings per Share 2020-21,9M Rs (29.89)
Book Value of the Share as on 31.12.2020 Rs (124.50)
Return on Net Worth: 19-20 NA %
Return on Net Worth: 20-21,9M : NA %
Upper Price Band/last EPS: N.A.
Upper offer price/Book Value Ratio: N.A.
Equity Shares outstanding prior to the Offer 19,95,00,000 Equity Shares
Equity Shares outstanding after the Offer ? Equity Shares

GO AIRLINES IPO Peer Comparison:
Interglobe Aviation @ PE Multiple of N.A.

GO AIRLINES IPO Lead Managers 
ICICI Securities
Citigroup Global Markets
Morgan Stanley India

Registrar to GO AIRLINES IPO
Link Intime India Private Limited

Registered Office of GO AIRLINES
C/O Britannia Industries Limited, A-33, Lawrence Road Industrial Area, New Delhi 110 035,
Company Secretary and Compliance Officer Niranjan Karde

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