Go Airlines (India) Ltd. IPO

An ultra-low-cost carrier airline, focused on maintaining low unit costs and delivering compelling value to customers that drives their unit revenues.

RHP
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DRHP
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Open Date

Not Issued

Close Date

Not Issued

IPO Details

Check out the issue details for Go Airlines (India) Ltd. IPO as disclosed in SEBI.

Price Band

Not Issued

Issue Size

3600 Cr.

Issue Type

Book Built

Open

Not Issued

Close

Not Issued

Company Financials

You can get the following financial statements of Go Airlines (India) Ltd. as of now.

Subscription Details

The approx valuation of Go Airlines IPO based on its price band and DRHP/RHP is:

Particulars Value
Upper Price Band Not issued
Existing Shares (Qty) 19.95 Cr
Fresh Issue (Amount) 3600 Cr
EPS (FY 21) Rs -82.48

 

Go Airlines IPO issue size is 3600 Cr

Issue Amount
Fresh Issue 3750 Cr
Offer For Sale 0 Cr

 

 

The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Minimum 75%
Non-Institutional Maximum 15%
Retail Individual Maximum 10%

Allotment Details

The company has not issued its dates for the IPO as of now.

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 2753.77 3524.88 4644.87 6262.44 6997.07
Total Expenditure 2521.09 3048.35 4357.73 6220.85 6096.33
Operating Profit 232.68 476.53 287.14 41.59 900.74
Other Income 37.83 5.39 100.67 149.14 206.27
Interest 195.92 217.23 202.03 322.84 731.36
Depreciation 8.95 9.77 15.02 16.07 1452.44
Exceptional Items 124.7 50.88 66.15 191.34 -856.7
Profit Before Tax 190.34 305.8 236.91 43.16 -1933.49
Provision for Tax 40.1 100.55 84.83 -80.18 -654.89
Net Profit 150.24 205.25 152.08 123.34 -1278.6
Adjusted EPS (Rs.) 1.5 1.37 1.01 0.82 -8.12

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 100 150 150 150 157.5
Total Reserves -315.49 -110.24 -529.93 -469.57 -1658.48
Borrowings 754.86 1208.86 1053.73 1120.57 1221.32
Other N/C liabilities -123.91 40.39 519.43 237.63 9835.78
Current liabilities 2551.6 2045.72 2467.5 2873.6 4580.49
Total Liabilities 2967.06 3334.73 3660.73 3912.23 14136.61
Assets
Net Block 72.52 82.08 106.54 148.25 10237.36
Capital WIP 1566.94 1446.14 0 0 0
Intangible WIP 0 0 0.05 0.13 0.37
Investments 0.01 0.01 0.02 0.01 7.09
Loans & Advances 729.05 995.03 2364.32 2312.75 2401.36
Other N/C Assets 94.34 74.99 117.02 280.43 243.47
Current Assets 504.2 736.48 1072.78 1170.66 1246.96
Total Assets 2967.06 3334.73 3660.73 3912.23 14136.61
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020
Profit from operations 43.16 -1933.49
Adjustment 443.72 3433.08
Changes in Assets & Liabilities 270.17 249.96
Tax Paid -65.46 -8.37
Operating Cash Flow 691.59 1741.18
Investing Cash Flow -142.04 -64.31
Financing Cash Flow -381.94 -1751.41
Net Cash Flow 167.61 -74.54
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