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Go Digit General Insurance Limited IPO Message Board (Page 23)

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125. Crow |   Link |  Bookmark | May 15, 2024 11:35:41 PM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
PB Fintech had a good listing in 2021. Around the same time, Star Health opened in negative. The last startup to list was Mamaearth which opened flat but gave some gains since then. This makes me want to risk it with Go Digit, which is a digital-first player in an untapped market.

However, greedy valuation for a business where accounting is hard to make sense, jittery market, and negligible GMP make me want to not risk it. Plus, this will list late next week, which is a lot of time between issue close and listing for the election nervousness to buoy it either way.

I'll use QIB subscription as a cue here to decide on the last day. Thanks.
125.2. Crow |   Link |  Bookmark | May 17, 2024 4:48:01 PM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
@k l patelI'm skipping. Doesn't inspire confidence.
125.3. harit |   Link |  Bookmark | May 17, 2024 4:59:20 PM
By the way
Pb fintech promoters has diluted (selling) some holding today
124. Clever Bull |   Link |  Bookmark | May 15, 2024 10:51:45 PM
cobra and elephant gang said to be fearful when others are greedy and to be greedy only when others are fearful. so this is the best example of this company. everyone is fearful that's punters want. recent example. JNK,VODA,BHARTI
124.1. Hrishikeh |   Link |  Bookmark | May 15, 2024 11:30:54 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
okay then how many BHNI are you applying?
123. SUMITANAND |   Link |  Bookmark | May 15, 2024 11:19:18 PM
Do we apply for this IPO ??
122. gala |   Link |  Bookmark | May 15, 2024 10:15:35 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Isn't very safe .... Everyone saying anchor was great soo no risk to apply but it is indeed risky
121. Gujarati operator |   Link |  Bookmark | May 15, 2024 10:14:39 PM
Kone lage chhe Dark horse thae sake????
120. Heritage Wale |   Link |  Bookmark | May 15, 2024 10:08:05 PM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
From Local Sources

Only Retail Applying Here
120.4. Rafid |   Link |  Bookmark | May 17, 2024 4:05:40 PM (300+ Posts)
Thanks for reply @Heritage Wale 
Will apply 2 single lot retail
Might get or not get no harm in trying luck
120.5. Heritage Wale |   Link |  Bookmark | May 18, 2024 1:30:38 PM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
Buying Start Now

*GO DIGIT RETAIL SUB TOO: 400
*GO DIGIT 2/10+ HNI SUB TOO: 6000
*GO DIGIT 10+ HNI FORM: 5,000

#Khela Hobe ??????

Live GMP 19 rs to 21 rs..

@B.M.SURANA @Tejas Pandya @Silent lion @Chalak Lomdi
119. Caarlos |   Link |  Bookmark | May 15, 2024 7:59:07 PM (200+ Posts)
सब fake application डाली जा रही है, ताकि subscription figure ज़्यादा दिखे और retailors ज़्यादा आए
119.1. Ankur Goel |   Link |  Bookmark | May 15, 2024 8:18:48 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Retailers ke liye to ye ipo hai hi nahi. This is only for qib and hni. Aur aajkal retailer se kuch farak nahi padta.
119.2. Esparando |   Link |  Bookmark | May 15, 2024 9:51:56 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
@Ankur Goel I see you are tagged as 'IPO Guru' and I assumed you know the rules of the game... but I was wrong.

There is a reason why retail is set to 10%. Please check out online.
118. AMIT IND |   Link |  Bookmark | May 15, 2024 9:22:57 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
After listing of Aadhar housing finance & large number of player in same peers and types I would avoid this expensive bet. Risk reward ratio is also not suitable as issue size is huge. Better to sit on side line. Even decision of of sitting quite is also a decision. Happy investing
117. Justalearner |   Link |  Bookmark | May 15, 2024 8:46:06 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Not looking impressive. Besides Insurance and AMC companies have overshot their fair valuations. I dont see either of the sector performing in the near term. Intend to stay away. The only positive thing is the anchor book... Not applying unless I see strong institutional interest and a fair listing gain chances, will then apply n exit on listing day...
116. SANJAY AKROSHI |   Link |  Bookmark | May 15, 2024 7:52:57 PM
Retail investor likely to be mad. This ipo retailer kota only 10% , QIB  NII kota 90% . But Ist day subscription Retailer 1.5% and NII&QIB 1.08%.
115. Abhijeet Kumar |   Link |  Bookmark | May 15, 2024 6:38:51 PM
It is likely to list at discount or very small premium so better to skip this company ipo
114. IpoZINDAHAI |   Link |  Bookmark | May 15, 2024 6:11:49 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
I don't understand this sector at all.

I look forward to the analysis of other members.

Will try to study the RHP today with few brokers report. But would appreciate if someone (who understand the sector) can post revenue model or their thoughts about the IPO and how it differs from other insurance companies.

Thanks in advance. 🙏🙏
113. GJ Eighteen |   Link |  Bookmark | May 15, 2024 6:05:45 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Last day, Last hour candidate. Too many attractive SMEs on similar dates, so subscription of BHNI won't be that much, I guess. Anchor is good, but many recent IPOs in spite of good anchors and of course good balance sheet fails to list on a good nod.

Overall,
Sentiment Negative,
Balance sheet is not impressive,
Insurance as a whole Sector is facing challenge - Competition and PAT challenges

So, Prima Facia, Sell and apply candidate on good rates.
112. IPO SINGH |   Link |  Bookmark | May 15, 2024 5:13:50 PM
Go digit ka Gmp bhi go hone wala hai
Primary Market ka mood mahol kharab hai kirpya kar uchit duri banaye rake
112.1. parmod gupta |   Link |  Bookmark | May 15, 2024 5:50:15 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Bhai retailers badhiya earn kar rahe hain aajkal
111. Tejas Pandya |   Link |  Bookmark | May 15, 2024 4:59:56 PM
IPO Guru IPO Guru (2800+ Posts, 2200+ Likes)
सब cautious है इसलिए यहां खेला होबे?? ..⚽⚽
111.1. Harinir |   Link |  Bookmark | May 15, 2024 5:09:19 PM
Very risky...as borrowing is higher....it seems overpriced !!! AVOID it
111.2. MAMU |   Link |  Bookmark | May 15, 2024 5:20:22 PM
IPO Guru IPO Guru (1700+ Posts, 1100+ Likes)
Agar Election ka mahol nao hota to hum soch sakte the? Bazaar ke kood and ipo ke listing ke baad to umeed he chhod di he.

Hum to kal se bol rahe he Cautious ❗
110. Pradhumn |   Link |  Bookmark | May 15, 2024 3:42:16 PM
Retailers to maan hi nahi rahe 😀
110.1. Tejas Pandya |   Link |  Bookmark | May 15, 2024 5:13:58 PM
IPO Guru IPO Guru (2800+ Posts, 2200+ Likes)
Retailers be like :- 15000 में क्या जाता है??😁
109. Caarlos |   Link |  Bookmark | May 15, 2024 4:54:48 PM (200+ Posts)
Rat 🐀 and cat 🐈 gang is still active
108. Unlucky investor |   Link |  Bookmark | May 15, 2024 4:42:37 PM
Personally skipping this one. The insurance sector isn't in my portfolio. If qib numbers are good may apply for listing gains.
107. Krishnam Raju dhanapal naidu |   Link |  Bookmark | May 15, 2024 4:37:02 PM
Ipo premium app
106. Krishnam Raju dhanapal naidu |   Link |  Bookmark | May 15, 2024 4:18:44 PM
Gmp 20
106.1. Gsbuoy |   Link |  Bookmark | May 15, 2024 4:26:55 PM
where are you checking this?