Go Fashion (India) Limited IPO Message Board (Page 27)

Pretty straightforward for me. I''ll go ff in Tarsons as it has good fundamentals, valuation and future growth potential.
A crap issue like go colours doesn''t seem to have much of a future with their current portfolio and I feel that the premium might be fake

Only for listing gain purpose, I will apply in gocolors and will sell on listing without taking any risks. Ya tarsons is better company than gocolors in all aspects.

@lokes...what HNI figure you expect in Go colors? How much you are planning?

@coldburger: i replied in tarsons page in hni thread

go for Tarson Products.....

@lokes,@M.K.,@nurool,
After applying in 3 applications in retail and 1 hni in Tarsons,I have around 70 lots money only in 1 account and retail money in 3 accounts.
Now what should I do tomorrow in Gocolors,assuming 600× hni? Should I apply 70 lots in hni or 15 lots in hni or just 1 lot retail?
Thanks u all

@sbipo

It all depends on both the retail and the HNI subscription.

If HNI is say 500X, then you have a 14% chance of allotment if u apply for 70 lots in HNI. Concurrently if retail is at 100x , then you have a 1% chance to get allotment.

What you can do is apply for 14 lots in 3 accounts (HNI) which will give you a 2.8% chance of getting a lot each ( combined chance of a single lot between these 3 applications will be 8.4%) and the rest you can apply in the 4th account ( remaining 31 lots ) which will give you a 6.2% chance of allotment in that.

It makes more sense to increase the chances all around.

Disclosure : In latent, I got 0 from 480 lots in HNI and 1/6 in Retail. Hence, I feel this would be a better strategy.

@M.K.,
Thank u very much

@M.K.,
In LVA,did u apply in hni quota(14 lots) in all the 6 retail accounts where u got 1/6 from?

@sbipo

I applied 480 Lots from 1st account and 1 lot each from the rest 6 accounts.

@ipo mitr agreed. I''m also of the same view... Couldn''t find anything special about the company and I''m surprised that an overvalued issue like this is commanding 50%+ premium.

It is because... tarsons won''t reach the desired subscription as money is blocked in latent view.
So market will push an unworthy stock just to get listing gains.
Although a turn around is possible after 6 months in Go fashion''s financials.

Now 350 and more den 50%... these are surely crazy times in the primary market...

@noorul, @iamnimitshah,
Good to know this early enough, for planning purpose.👍

Thanks

425

This is soon going from 200x HNI to 500x HNI 😂😂 Too much fun 🔥🔥

Money is limited. All fund all are blocked.
No more funded HNI will be available for this.
Only self funded HNI will participate in this.
Hence HNI subscription will not vary with the GMP.
Expect max 50X only as per my estimate.

@Dinesh Singh

Go colors is open till 22nd... Latent view unblock by 18th... I think minimum 200x and if GMP goes higher and higher, 500x will easily happen...

I seriously don''t want gmp to cross 50% .. if its past so.. than nbfc comes to play in role, than 800x subscription level, than my 50% less application in BOA and finally Royal Rumble match .... Not again.

@jamn..
Sorry my comments was related to this IPO.

Couldn''t find anything special about the company which makes me want to apply.
1) decreasing revenue trend
2) loss has been increasing
3) cloth business is highly competitive and ever changing
4) valuation wise it''s highly overpriced.

Can someone please enlighten me as to why people are buying this crap at 50% premium?

@MogPunisher based on recent trend it seems better to apply in companies which look messed up. It is mad rush...So people will flock. We Skipped many thinking from investor point of view and many stunned us ..#Stovecraft, #EaseMytrip...
#AFBRL::::Valuation gone from 170 to 300+ in 3 months. Still cheaper to Go colors but people need fast money these days.

@noorul @lokes @mravi Looks like my prediction was correct in the discussion we had on PB fintech vs Sigachi in terms of profitability.
PB fintech had much lower hni oversubscription and had a good listing and currently trading at 25% premium.....HNIs who went for PB were rewarded handsomely.

@ Mogs and other .. i m not agree with ur conclusion between sigachi and pb in reference to return on capital.. becaz currently pb trading at 24 % premium but on listing at 10am.. it gives only 8% listing gain.. and thats wat only matter.. after the bell ring no matter how up it goes or in other case how low. Now Its all secondary marker things.. and in sigachi game is not over yet.. no one knws how many uc r left.. i m still holding sigachi.. n sold 1 lot of pb.

Sorry pb gave 17% . I guess.. but still sigachi will give upper circuit ride..

Even while comparing the listing price, PB has given better returns. Now in secondary market lets see where Sigachi goes.

@Noorul...As you are FF into Latent and can''t use those funds in Tarsons, happily without any confusion going FF in GoFashion?

I have to wait till Wed 2pm and decide allocation🥴

@ sdz.. from one ac to Tarson.. and other for Go fashion.. no tansion what so ever... N skip sapphire as gmp not even 10% . Just like SJS ..

@Noorul..I thought you applied to Latent in HNI from both of your accounts and so thought you can''t apply for Tarson

@Mog: I applied in both pb and sigachi and luckily got good allotment with lesser lots, means 1 lot in sigachi from 150 lots and 4.5 lots from 35 lots in PB 😊
You applied FF in latent or waited like some of us for tarsons/gocolors?

@noorul : you sold your sigachi in preopen or still holding? Generally you sell on listing. I am still holding my one lot. I Will sell on 17th keeping stop loss daily.

And from tarsons and gocolors, I am going FF HNI in gocolors and all retail in tarsons.

I m having 150 share of sigachi.. mostly i sell shares on listing day... But this time want to hve some rides in upper circuit.. let see where it takes me.. hoping 700 level atleast..

First this ipo is open from 17th to 22nd not 23rd
And this ipo opened for 5 days because 20 & 21 are (Saturday & Sunday market remain close )