Go Fashion (India) Limited IPO Message Board (Page 26)

Sorry for this Question:

If record date fixed for dividend is 23rd November then on which date should exit on that scrip for eligible for dividend??

thanks

@HSM

There is a theoretical and practical answer to your query.

Theory says that the shares should be in your account on the record date. So if you sell 2 days before the record date, you are definitely not eligible and and if u sell 1 day before the record date, you would be eligible.

But, now many brokerages have started debiting the shares on the trade date. HDFC securities for one debits on the day of the sale. This ensures that even if u sell 1 day earlier than the record date, you won''t get the dividend.

Play it safe, always BUY 2 days before the record date provided no holidays are there in between and SELL the day after the record date. This prevents any ambiguity or you having to chase the broker to recover your dividend that''s been credited into his pool account.

Go premium 539 buyer

IPO game is now a law of averages.

Apply in 10 IPO''s you make money in 8.
Overall your in profit.

If you pick and choose you will make less money.

RII 69910 Available for allotment so tough allotment and GMP almost double .

Retail appwise max 50X

Apply GF with FF 🤞 anchor ⚓
https://www.bseindia.com/markets/MarketInfo/DownloadAttach.aspx?id=20211116-54&attachedId=ae4ad0bc-71dc-4327-94b6-93f04781d633

Apply GF with FF 🤞

PayTM
Rs 30      Rs -      Rs -
Sapphire Foods
Rs 80      Rs -      Rs -
Latent View Analytics
Rs 385      Rs 300      Rs 18000
Tarsons Products
Rs 200      Rs 400      Rs 3000
Go Fashion
Rs 350      Rs 250      Rs 6000

QIB -75%
NII- 15℅
RII - 10%

Go fashion / color ( 54 per 1 lagse )
( latent refund ka paisa laga sakoge )

normal 200 /-
subject to 9000/-

wooou
GO Fashion GMP Trade 500+

any reason why 6 days between IPO open and Close for this IPO...??

3 business days + 3 holidays (19, 20 & 21) hence 6 days for this IPO

Yes, as in between comes 19th Shri Gurunanak Jayanti bse/nse holiday, 20th & 21st Sat Sun, so last day of ipo bid is 22nd Mon.
Thanks!

🔔🔔🔔 GMP UPDATES 🔔🔔🔔

Go Fashion : 500

Gmp 230...bas ho gya iska...

530 gmp kaha par he

Only 230 / 250 he

First 350
Then 230
Now its 555....wtf

Go Fashion After touching 585 now premium in range of 520----540.

Retail Quota:       10%
QIB Quota:       75%
NII Quota:       15

GMP now 530/- .. 75% +
Source: livemint

Go Fashion premium on Fire . 550---560. 🔥 🔥 🔥

550 gmp kaha par he
Sab jagah par to 350 hi dika raha he

Go Fashion (India) - For those who care beyond the GMP (based on FY21 consolidated financials & post-money (top end of the price band)):

Tax Adj. RoCE (%): -4.7%
RoE (%): -1.3%

EV / Revenue (X): 14.2x
EV / EBITDA (X): 76.8x
P / E (X): NA

This Company''s greatest proposition is the fact that women can find multiple sizes, colors and patterns of bottom wear in a no non-sense/no fuss manner at a reasonable price. This is exactly what helped this Company manage a growth of 37.5% in FY20 with a PAT margin of 13.4%. I''m assuming that had COVID not hit the Company would have grown from INR 4 bn in FY20 to about INR 7 bn in FY23 and with a constant margin profile would have generated a little under 1 bn in PAT and based on its current valuation would have still been priced at 40x P/E. Now, I don''t doubt the growth that this Company can deliver. But am I willing to pay 40x for a Company whose proposition is based on extensive range of color, design and size and thereby creating a huge inventory management issue (both operational, financial and accounting)? Will I pay 40x for a Company whose products will never be a brand/aspirational purchase as they''re always hidden beneath the upper wear of women? Wouldn''t I rather pay 40x for other branded apparel plays which are bought truly for their brand value and hence are more resilient? And all this is based on the assumption of consistent revenue growth and PAT margins and life is not so linear, as we learnt in COVID. Hence, for me, at this pricing its super expensive!

Now to the debate of Tarson vs GoColors for self-funded HNI''s:

As is evident, I''m no fan of both these businesses at these valuations on a fundamental basis. But If I must apply to enjoy the listing pop, then based on a GMP of 200 for Tarsons / 425 for GoColors and HNI subscription of 150x for Tarsons / 300x for GoColors, gross absolute gains in INR terms are nearly the same for both. Hence, for those who stayed away from LVA, Tarsons is a must apply and for those who did apply in LVA, GoColors is a must apply because in this current frenzy both these companies may deliver a listing pop despite already being generously priced! Keep minting!

First class....NeoLongus.

@NeoLongus Great analysis! Even i had similar comments about this issue therefore I''ll probably go for Tarsons.

The reduction in profit is mainly due to Work from Home of IT People. when Offices start to open it will start to pickup. it can be seen already picked up in the latest quarter.

Gmp of Go fashion is 510 - 520 rs.
Apply for listing gain..