Friday, May 28, 2021

Go First IPO: Facts, Stats, Opportunities and Risks

GoAir (now rebranded to “Go First”) has filed a draft red-herring prospectus with SEBI for an IPO, which would involve a fresh issue of shares worth ₹3,600cr ($490m).

This would make the low-cost carrier the third listed (currently operational) airline in India after IndiGo's Interglobe Aviation and SpiceJet (Jet Airways and Kingfisher stopped flying in the last decade).

Read on the opportunities and risks this IPO presents >>

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