The Go Digit IPO commenced on May 15, 2024, and concluded on May 17, 2024. The allotment of shares took place on May 21, 2024, and the initiation of refunds began on May 22, 2024. The shares were credited to the demat accounts of investors on May 22, 2024. Finally, the listing of Go Digit on the stock exchange occurred on May 23, 2024.
The Go Digit IPO was priced at ₹258 to ₹272 per share, with a lot size of 55 shares. The total issue size was ₹2,614.65 crores, comprising a fresh issue of ₹1,125.00 crores and an offer for sale of ₹1,489.65 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
Go Digit IPO Basic Details
| Company Name | Go Digit General Insurance Limited |
| Domain of Company | Insurance Company |
| Go Digit IPO GMP Today | ₹53 |
| Go Digit IPO Listing Gain | 19.49% |
| Go Digit IPO Open Date | May 15, 2024 |
| Go Digit IPO Close Date | May 17, 2024 |
| Go Digit IPO Allotment Date | May 21, 2024 |
| Go Digit IPO Listing Date | May 23, 2024 |
| Face Value | ₹10 per share |
| Price | ₹258 to ₹272 per share |
| Lot Size | 55 Shares |
| Issue Size | 96,126,686 shares of ₹10 (aggregating up to ₹2,614.65 Cr) |
| Fresh Issue | 41,360,294 shares of ₹10 (aggregating up to ₹1,125.00 Cr) |
| Offer for Sale | 54,766,392 shares of ₹10 (aggregating up to ₹1,489.65 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Kamesh Goyal, GoDigit Infoworks Services Private Limited, Oben Ventures LLP And FAL Corporation |
Go Digit IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹53 | 19.49% | – | – |
| 11 May 2024 | ₹53 | 19.49% | – | – |
Go Digit General Insurance IPO Details:
Founded in December 2016, Go Digit General Insurance Limited is your go-to for insurance needs. From motor to health, travel to property, marine to liability, we’ve got it all covered. Plus, you can tailor our products to fit just right for you.
We’ve got a whopping 74 products ready to serve you across all our services.
By the end of 2023, we had nearly 62,000 partners on board, including over 58,000 POSPs and other agents.
We’ve spread our reach to 24 states and union territories across India with our distribution centers.
To make things smoother, we’ve deployed 473 active bots by the end of 2023 to automate tasks for both our functions and partners.
We’re there for you with 75 offices across India, making access to our services easy.
As of March 2023 and December 2023, our team has grown to 3,333 and 3,957 employees respectively.
Go Digit IPO More Details Click Here
Go Digit IPO FAQs
When is Go Digit IPO open?
Go Digit IPO will open on 15 May 2024.
When is Go Digit IPO Close?
Go Digit IPO will be closed on 17 May 2024.
What is Go Digit IPO GMP Today?
The Go Digit IPO GMP aka Grey Market Premium is ₹53.
What is Go Digit IPO Kostak Rates Today?
The Go Digit IPO Kostak Rate is ₹000.
What is Go Digit IPO Subject to Sauda Price Today?
The Go Digit IPO subject to sauda rates is ₹000.
Go Digit IPO Expected Returns?
The Go Digit expected return is 19.49%.
How much will be the listing gain in Go Digit IPO?
Go Digit IPO will get listing gain of 19.49%. (Approx.)
