GoAir is established in 2004 by Nusli Neville Wadia, Jehangir Nusli Wadia, Ness Nusli Wadia and Go Investments & Trading Private Limited are the promoters of the company.
GoAir IPO: GoAir is ultra-low-cost carrier (“ULCC”) focused on maintaining low unit costs and delivering compelling value to customers that drives our unit revenues. They are 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.
The target customers are young Indians and MSME businesses, and believe on product and service offerings are uniquely attractive to these large and growing segments of the Indian population. The young urban and middleclass demographic in India constitutes a majority of the Indian population. More than 75% of the population in
India is below the age of 45 years, of which approximately 35% lives in urban areas while the MSME businesses segment in India contributed 33.5% of the GVA of India.
The 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. Our market share of domestic passenger volume increased from 8.8% in fiscal 2018 to 10.8% in fiscal 2020. They covered a network of 28 domestic and nine international destinations. They have operated more than 600 international charters mainly focusing on repatriation flights for passengers returning to India from various parts of the world, through December 2020.
| GoAir IPO Details | |
| IPO Opening Dates | 2022 |
| IPO Closing Dates | 2022 |
| Price Band | Update Soon |
| Offer For Sale | Update Soon |
| Fresh issue | Update Soon |
| Total IPO size | Approx 3600 Crore |
| Minimum bid (lot size) | Update Soon |
| Face Value | Update Soon |
| Retail Allocation | Update Soon |
| Listing On | NSE, BSE |
| GoAir IPO Market Lot | |||
| Lot | No of Shares | Amount | |
| Minimum | – | – | – |
| Maximum | – | – | – |
Financial Record of the last year (In Millions)
Financial Period : 31-Dec-2020 ( Restated Consolidated )
Total Assets : 1,44,582.3
Total Revenue : 14,384.4
Profit After Tax : (-4,706.9)
Earnings Per Share (EPS) FY2021 : (55.25 INR)
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GoAir IPO Allotment Date & Details
| Allotment Date | 2022 |
| Initiation of refunds | 2022 |
| Transfer of shares to Demat accounts | 2022 |
| Listing Date | 2022 |
Registrar of GoAir IPO
Link Intime India Pvt. Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West),
Mumbai – 400083.
Fax : 022 – 4918 6060
Toll-free number : 1800 1020 878
Monday – Friday 10:00 AM – 4:00 PM
Website: http://www.linkintime.co.in
Email: [email protected]
GoAir Contact Details
Go Airlines (India) Limited
C/O Britannia Industries Limited, A-33,
Lawrence Road Industrial Area,
New Delhi 110035, NCR
Phone: (+91 11) 7156 8136
Email: [email protected]
Website: https://www.flygofirst.com/
GoAir IPO Lead Managers
ICICI Securities Limited
Citigroup Global Markets India Private Limited
Morgan Stanley India Company Private Limited