Go First, founded as GoAir is an ultra-low-cost carrier (ULCC). 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. The carrier’s fleet inventory consists of 56 aircraft and as of January 31, 2020, the airline covered a network of 28 domestic and nine international destinations.

The entire public issue of Go First comprises fresh issuance of equity shares aggregating up to Rs. 3,600 crores.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	Loss for the period (₹ Crores)	EPS (₹)
March 2018	4,601.15	-31.21	-2.08
March 2019	5,936.75	-386.60	-25.47
March 2020	7,258.01	-1,270.74	-82.48
Nine months ended December 2020	1,438.44	-470.69	-29.89

How do I apply to the Go First (Go Airlines) IPO?

You can apply for the Go First (Go Airlines) IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.