Go Digit General Insurance Limited IPO Message Board (Page 27)

MERCHANT BANKER'S TRACK RECORD:
====================================.

The six BRLMs associated with the offer have handled 84 public issues in the past three fiscals (including the ongoing one), out of which 27 issues closed below for offer price on listing date.
कहीं ये 28 वा तो नहीं बनेगा, almost 1/3 issues listed in discount.

Main board me bhi observation woh bhi. M.B. se ?

GMP :- 58-62

कोण कोण चाहता हे की गो डिजिट की GMP थ्री डिजिट की तरफ गोइंग करे

Avoid ki rating de hai CG walo ne khud

GMP Will fall sharply

may be possible negative listing ho iski

कौन नही चाहेगा कि GMP 3 डिजिट में हो

सब चाहेंगे कि ज्यादा से ज्यादा GMP हो और कुछ तो GMP 4 डिजिट में भी देखने के सपने देख रहे होंगे

Dear Arjun Rajkot, please start posting your views regarding listing price specialy before listing evening. Prediction me aap jaisa koi nahi. Arjun ki ankh.

Apply or not? Any fix rate for BHNI? Thanks

Apply with FF
Fix rate Bhni will be available shortly .

Could someone provide recommendations for opening a bank account? Why is it commonly suggested to open a joint account for IPO applications? Additionally, which bank is recommended for opening an account?

Go digit Maybe risk but sell and apply ફૂલ 🌺નહી તો ફૂલની પાંખડી 🥀✅

Hi..all experts....what's the expected subscription in all categories.

Adding to what @newgen consultancy Sir said, the team
@Tripti @ Team Chittorgarh.com here has shown net figures in revenue instead of information available beneath it as referenced from Page 42, page 375 of RHP segregated into fire, marine and miscellaneous insurance categories.

Summary financial information in every IPO page has mentioned revenue, which is not negative in this case, irrespective of Net P&L which factors in claims paid out.
@Asoke sarkar

Hi @MuStrFc ,

I am planning to create HUF for my-father-in-law and mother-in-law. They don't have marriage invitation/certificate. So checking for alternative solution to create HUF

##Off topic:

Hi @MuStrFc ,

Do we need marriage invitation or Marriage certificate to apply HUF PAN account?

​@Vivek Shivhare Oiginal documents are not required to send, just self attested photocopy along with other documents and application form as required.

​@Ishq With Risk In other Documents we have to send one affidavit also, so it will be photocopy or original one

Please Check It Out and Correct
Many People take the data From CG
It will be surely Misleading

And Many People Questioning Regarding
Rich Valuations And PE At 150 or something

Please Check It's Valuations on A Different Parameter of BV
Share Price/NAV

NAV As Per FY23 Financials - 26.3

PB Comes At 10.3×

It's Closest Listed Peer Is ICICI Lombard
Which Trades At 8×
ICICI Lombard is Growing At a CAGR Of
16-17%

Go Digit Has posted 52% Rev Growth in FY23
And 37% in FY24

So Even At 10.3× BV Small Gains Can Be Expected

But This IPO Is Surely Risky
This is just a primary evaluation

Proper Analysis will be done

​ @newgen consultancy  लगता है दूध का जला छाछ भी फुक कर पीता है.. 😉 एडमिन को डर है कहीं आप वापिस X हैंडल शेर न कर दो..और हमको फिर से newgen सर को वापिस लाओ की जेहाद ना जगानी पड़े😂

newgen consultancy is super
इन्होने ईगल आई मेम की कमी पूरी कर दी है वैसे लेकिन इस फोरम के पुराने दोस्त पता नहीं कहां गुम हो गए

एम् रविचंद्रन सर
चालाक लोमड़ी
rajakumar
अर्जुन राजकोट

​@Tripti @ Team Chittorgarh.com 

Please Check It Out and Correct
Many YouTubers take the data From CG
It will be surely Misleading

And Many People Questioning Regarding
Rich Valuations And PE At 150 or something

Please Check It's Valuations on A Different Parameter of BV
Share Price/NAV

NAV As Per FY23 Financials - 26.3

PB Comes At 10.3×

It's Closest Listed Peer Is ICICI Lombard
Which Trades At 8×
ICICI Lombard is Growing At a CAGR Of
16-17%

Go Digit Has posted 52% Rev Growth in FY23
And 37% in FY24

So Even At 10.3× BV Small Gains Can Be Expected

But This IPO Is Surely Risky
This is just a primary evaluation

Proper Analysis will be done

Some friends are willing to know how revenue may be 'negative ' here.
According to accounting of general insurance business, revenue is taken as difference of premium income along with interest income thereon and the claim amount payable along with similar expenses during the period in question.
So in this case , the company has paid more claim and equivalent than premium income and addition.
The figure is really horrible.
Figures for 2023 and that upto Dec 2023 are quite in contrast and certainly questionable.

Prima Facie
Liking This One👍

Your views on P/E?
Post IPO P/E mentioned above is 145!!

Is it good thing pre ipo 670 to post 145 p/e.....??. Seems too expensive. 😕

​@Admin @ Chittorgarh.com 
​@Prachi @ Team Chittorgarh.com 

Please Correct The Financials

FY21 Rev - 2252 cr
FY22 Rev - 3841 cr
FY23 Rev - 5885.7 cr

Till Q3 FY23 - 4284.1 cr
Till Q3 FY24 - 5891.2 cr

FY 23 NAV - 26.6
Till Q3 FY24 NAV - 28.1

PB Around 9.7

Seems 10-15% Listing Gain Candidate

​@newgen consultancy ji - Respectfully, for an insurance company income from investments is certainly part of revenue from operations, in my view.

Keep minting!

​@NeoLongus 
I Am Saying That Income From Investments As Well As Operating Revenue (Premiums),
Sum of both is total Revenue

If You say company has 150 cr Revenue
Where As it has 5500 cr Premiums,
Then it will be 110% Misleading

And You Are Saying the same
"PART OF REVENUE" But not full Revenue

GMP 80🚀🚀🚀

Little dip now GMP 90⬇️⬇️⬇️

current gmp 68-75

Price Band me gadbad he.
Go Digit ne last series round me Rs. 385/- par share diya he, to IPO me Rs. 272/- kaise ho sakta he?
@Admin @ Chittorgarh.com kindly confirm the price band.

According to the CEO interview they kept the price lower than last round so that there is something left on the table for the investors- you can checkout the moneycontrol piece 

https://www.moneycontrol.com/news/technology-startup/newsletters/MCTech3/tech3-why-go-digit-is-leaving-money-on-the-table-it-s-india-wapsi-for-binance-kucoin-and-more/

Its outright intentional by the management, learnings from past getting reflected. Paytm, Nykaa, Honasa etc @IPO Hawk

Clear cut AVOID from my side

​@Mohd shahrukh Kitna application apply krte ho bro...

​@IPO mining Thoda simple karke samjao na

Where did the digit go?
To Zero