MoneyWorks4Me

ICICI Ventures' fund sells Go Fashion shares worth Rs 190 crore

20 May 2022 Evaluate

ICICI Venture through its fourth private equity fund -- India Advantage Fund S4 I has offloaded Go Fashion’s 18,11,478 shares at an average price of Rs 1,050 apiece, taking the transaction size to Rs 190.21 crore. SBI Mutual Fund picked up 18,10,983 shares at the same price.

Go Fashion (India) is engaged in the development, design, sourcing, marketing, and retailing of a range of women's bottom-wear products under the brand, 'Go Colors'.

Peers
Company Name CMP
Avenue Supermarts 3652.55
Trent 2584.60
Vishal Mega Mart 99.80
PN Gadgil Jewellers 585.60
Aditya Birla Life 74.44
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