US VC firm Sequoia Capital sells 3.7% stake in Go Fashion for Rs 228 cr

US VC firm Sequoia Capital sells 3.7% stake in Go Fashion for Rs 228 cr

American venture capital firm Sequoia Capital has sold 3.7% stake in apparel company Go Fashion through the open market on Monday for Rs 228 crore. Through its affiliate Sequoia Capital India Investments IV, the venture capital firm sold 20,00,000 shares as part of a bulk deal at Rs 1,140.14 a piece, data on the National … Read more

Should Go Fashion shareholders book profit or hold the stock for long term?

photo

New Delhi: Go Fashion made a blockbuster debut on Dalal Street as the stock was listed at a premium of 90 per cent on Monday. On the BSE, the scrip made its debut at Rs 1,316; on the National Stock Exchange (NSE), it debuted at Rs 1,310, compared with its issue price of Rs 690. … Read more