Go Digit General Insurance Limited IPO Message Board (Page 21)

People confused as compare to JNK last day GMP, but here real problem with GMP. Less operator are interested to buy.

Ha lekin HNI me 60 to 70 lot apply karne se jyada chance raheta he? @Tejas Pandya @newgen consultancy all members

SME ipo me 1cr rupees ka HNI apply karna chahiye ya retail.? Retail bahot apply kiye lekin nahi lagta. Please Reply
​@Tejas Pandya All members

Even if you apply for 1 CR then also it's not guaranteed that you will get 1 lot in over subscribed SME IPO..

Has the company given a breakup of Own Damage vs Third Party premiums earned by it ? I searched the RHP, but couldn't find the information.

Go lost it's Digit.

Guys i need help with ASBA. union bank. When i was applying for BHNI , i keep getting error session expired even though i am doing it very fast with in 30-40 seconds.. Is this some known issue or what ???

Yes known issue, keeps happening when surge is high. Keep retrying by force closing and reopening the app or change data from wifi to mobile and vice versa

Change the transaction limit to 50 lakhs and your problem will be solved. I was facing the same problem.

One thing is for sure that making money is not easy only person who take some risk can earn here as you can see in Hexa, Jnk, Voda and Aadhar listing so tomorrow will be crucial day to evaluate whether to apply or not.

Keeping aside the GMP, what should be the minimum subscription in QIB to consider applying in this IPO?
I know Aadhaar & Indegene me QIB numbers acche the to bhi listing expectations se neeche hui, but that is part & parcel of the game. Bharti & Idea me acchi bhi hui thi..

40K crore huya toh will apply

Skipping this one

low GMP dikha kar listing 10-15% par na kar de kahin
will apply 7-8 retail application tomorrow

Guys iska allotment 20th ko aana chahiye but ye 21th show kar rha h..

Monday holiday due to Elections, so its Tuesday 21th

GMP about to vanish . So cancel ur application if already applied

off topic-

i've heard many times that sme ipo's are very risky but in recent time many sme ipo gave huge returns and many list in positive only
liquidity issues are there but we can sell in pre open

so why are people fearful of sme ipo??

can any senior member please elaborate this??

I think the main reason is Budget issue. SME has High Ticket Size. So small retail investors cannot participate.

GMP be LIKE

Pehle - GO DIGIT in TWO DIGIT
Abhi - GO DIGIT in ONE DIGIT

toward to zero digit

Retail ko kya chul hai bhai.. almost 2 time

​@ElDorado Retailors are Like 'FIFO', an accounting method 'first come first out'

Bhut badi chul h retail me

Kya kl isme khela hobe?

Aaj kal Khela hi hota hai. Dono side se. Waise ek arse me aisa mehenga aur dangerous issue dekha nahi. Lekin in dino listing ke time fundamentals el lene jaate hai isliye Khela ho sakta hai.

I have applied 4 retail application but want to cancel the bid.After cancelation the bid when amount will credited in my account.Is after allotment process or immediately.
Experts please advice

Thanks Vimal Garodiaji for quick response .I have applied via Canara Bank ASBA

​@SKGKOL  Upon ca cancellation, Canara ASBA unblocks funds instantly.

Gmp 8
Gya ye to pura hi...

Go Digit GMP in Single Digit 8 Rs

Strengths

*Distribution partners*

The company's distribution partners include individual agents, POSPs, corporate agents, motor insurance service providers, and brokers. Its customer journeys are tailor-made to each distribution partner with engagement at three levels

*Predictive underwriting models*

The company has combined its expertise in the motor insurance market with its data bank to build extensive underwriting models that it uses to accurately assess risk and predict losses for the motor insurance products at a granular level

*Advanced technology platform*

The company's technology enables it to achieve efficient underwriting, which is the differentiator among insurers. It builds technology-enabled solutions and employ a hybrid model of Al-enabled analytics and human assessment to streamline the value chain, aid the customers, partners and employees and drive efficiency.

Weaknesses

*Limited operating history*

The company has a track record of reporting losses and, it may not be able to maintain profitability in the future. Its limited operating history makes it difficult to accurately evaluate the future business prospects

*Outstanding legal proceedings*

There are outstanding legal proceedings involving the company, its promoters and its directors, which may have a material impact on the company

*Show-cause notices*

The company has have received cautions, warnings and show-cause notices from the IRDAI due to alleged non-compliance with various regulatory prescriptions in the past, and IRDAI has imposed penalties in certain cases.

GMP 10-13