Go Fashion (India) Limited IPO Message Board (Page 25)

Posting at here as I didn''t get an reply earlier -

I''m holding 2 lots of cartrade at 1437. The fundamentals were good so I was keen on holding but now I am planning to finally give up.

Any suggestions? Should I sell at put in secondary market? If yes, good stocks suggestions please. Thank you.

@Amateur Investor,
In stock markets,ride the profit as long as possible and cut the loss ASAP,in ipo,dont take more than 10% loss whatever the fundamentals may be. You should have put stop loss long ago,now its almost 40% down from issue price,u should have at least put time stop here,now its tough to take the loss. Always decide first how much loss would not destabilise u mentally or ur. psychology and ur. lifestyle and try to take that loss first if prices come down from purchase price,profit will anyway run if price go upwards and u trail.
Now,its confusing and hard decision to take so much loss,u have to decide urself now,because I have not seen the TA yet(hourly and daily TF technical),and suppose I advise u to sell and ythen it starts to increase,then u will curse me,so I won''t be able to advise u,I''m sorry,had I been in your place,I would have exited long ago below 10% max.
U can dabble in Bajaj Finance,Tata Motors,M&M,Infy,kpit,bsoft,brigade,sobha,ltts,chola finance ,lt infotech,niit,godrej property,ultratech,jk cement etc. You can also ask other exoerts for stocks like Aniket,lokes,sdz and others,
Thanks.

I am new to IPO, can u tell me can I apply in evening or night time on 1st or 2nd day. I know on last day it''s till 3 or 4 Pm as per bank. Pls advice.

Thank u

Best time to apply IPO is 10am to 1:40pm
Good luck dear

Retail, so far....
10.15; App wise 8.52x

54 per 1 lagega..

I do not think new rules proposed would matter much. Most of the retail/HNI investors know these hidden things in RHP, and we discuss also in open forums. Still, IPOs like Nyka, Paytm, Zomato etc oversubscribed to insane levels.

New Rules Proposed.
https://www.ndtv.com/business/sebis-new-move-to-tighten-rules-in-a-year-of-record-ipos-2613836

These rules are pure gold, now retail investors have the upper hand...☑️

In normal life .....jiski lathi uski bhais

in Indian IPOs......jiske pas MOOLLAH uske shares .....

As always. ..for rest ....baba ji ka thullu

No one gives a damn to small investors...they will always be the worst lot....unless meaning of ethics changes in the ethos of our great country...till then let us keep dreaming..

Am not applying in Tarson, GoFashion is better company. Look at the GMP its 500+, almost double the GMP tarson is having. That too in the weak market sentiment. So final decision - applying in GoFashion and ignoring Tarson.

chance of getting a lot in tarson is higher, which means more chance to make some decent money.

atleast should invest in Retail .... why waste the chance... if gets allotment then can gain some money....

What is your prediction/estimation for Go Fashion IPO?
QIB
HNI
RI
Total

Dear all,
within few hours, RII jumped on to Go Fashion, not this much interest on Tarsons.
I foresee, Go Fashion - HNI could go easily to 300 X to 400 X on final day (Latent refund will also feed the fire).

Thanks

@mog, @harsh,
noted on the % retail allocation between the two, thanks

@Jetha,
On ''car trade'' there is no change in the fundamental of the company during IPO to now. its profit making company. Unfortunately it made many investors in loss (i have many LOTS from IPO and i purchased some also during listing week, keep holding so far).

I am not an expert and i cant advise you on whether to hold or sell. However, If I were you, I wont sell at this price. it may bounce back soon or at least next Q results for sure.

Thanks

@MRAVI Can''t say if Cartrade will jump by next Q or not because it has to incur huge ESOP expenses this fiscal - the reason why net profit has been negative these 2 Quarters. I expect a bounce back by Q1 23 latest.

With 400x estimated subscription, one need to invest 60 lacs to get a single lot in HNI. :(

Go fashion Day 1 Retail subs likely to cross Tarsons overall retail Subs given the low retail quota of 10% in Go Fash.

I have applied in around 26 IPOs so far, all of them are listed at at least 40% premium. It is another matter that I did not get a single IPO. :(
Should i offer coconut to hanuman ji ?

And one more thing - Admin of team Chittorgarh.com is very good. He answers every time a body asks for something. Thanks guys, keep it up.

@Indian
I will think about it.
Agar Latent, Tarsons aur Gocolour me kuch nahi Mila to.

why you didn''t apply for Gland pharma, Sona, Paytm? 100% allotment for retail in all of them.

Why this IPO closing date is 22 November.
IPO window is 17th Nov- 22 Nov

Because 19, 20 and 21 are holidays, so workings 3 days 17, 18 and 22 only

Bank holiday on Friday Due to Guru Nanak Jayanti /Kartik punmima

Please tell me how can i trade in grey market.
Is there any one who trades in grey market?

For that you need to open a demat account with some small broker. As generally big reputed brokers won''t do it as it''s illegal and can be a big risky affair. So better avoid it.

Great Idea for Sebi
Sebi should think to provide this feature as official on exchange... just like Right issue Trading .... so atleast Govt will gain GST tax and STT and people who deal in such GMP will pay some income tax too.

Mouth watering Anchor List👍✌

Do they produce designer masks as well😆😆

Only for alloted applicant''s 😅

Retail alreay 4x crossed. Imagine what will happen once latent funds are released in HNI. 500x likely..What are your estimates?

I have a doubt. Usually IPO is open to subscribe for 3 trading days but here it''s 4 days. Any idea why?

Three working day

Thank u everyone

Hi, Anybody please advise, which is better to apply TARSON (OR) GO FASHION ?

Both are same selling dreams in bull run excessive liquidity although sick opposition is blaming Modi Govt that he has syphoned off all money.

All IPO where there is a loss in any of last 3 years have only 10% Retail portion. But if it''s a total book building issue they also can keep RII @10% irrespective of profit in balance sheet

@Noorul & HNI friends IPO watch shows GMP on Go Fashion 550/ crazy valuations. Can expect Issue Crossing 200X easily with HNI around 600X+. Any Comment.

This is what IPO watch website says.
IPO Name      GMP      Kostak      Subject
Sapphire Foods
Rs 85      Rs -      Rs -
Latent View Analytics
Rs 390      Rs 300      Rs 18000
Tarsons Products
Rs 200      Rs 400      Rs 3000
Go Fashion
Rs 555      Rs 250      Rs 6000

Looks like GMP of Tarsons and Go Colors are swapped.

Experts Plz Guide what will be the final HNI Figure in this IPO

For go fashion retail is 35 or 10 %.

@lokes
Noted. We will add it soon.

10