Table of Contents
Go Digit General Insurance Limited IPO is going to list on Dalal Street on 23 May 2024 With an issue size of Rs 2614.65 crores. It is a fully licensed insurance company that deals in non-life insurance products (almost 70+ products) through websites and web aggregators.
Insurance products by the CompanyÂ
- Health Insurance
- Liability Insurance
- Motor Insurance
- Property Insurance, and more.
Go Digit General Insurance Limited IPO Launch, Closing, Listing Date
Go Digit Insurance IPO was launched on Wednesday, 15 May 2024, and Closed on Friday, 17 May 2024. The Listing date of the Go Digit Insurance IPO is Thursday, 23 May 2024.
| Go Digit Insurance IPO Launch Date | 15 May 2024 |
| IPO Close Date | 17 May 2024 |
| IPO Listing Date (tentative) | 23 May 2024 |
Read Also Aadhar Housing Finance Limited IPO Listings 2024 and Stock Details
Go Digit General Insurance Limited IPO Fundamental Details
In the Go Digit Insurance IPO, the Face Value is Rs 10 per share, and the company has set a price range of Rs 258 to 272 per share. The issue size of the Go Digit IPO is Rs 2614.65 crores.
The total no. of shares that would be issued on the listing is 9,61,26,686 which aggregates to Rs 2614.65 crores.Â
In this total issue size, 4,13,60,294 shares would be freshly issued, aggregating to Rs 1,125 crores. The remaining 5,47,66,392 shares would be in Offer For Sale category which aggregates to Rs 1489.65 crores.
Retail Investment Details
Retailers can apply for a minimum of 1 lot (55 shares) of value Rs 14,960. For a maximum size, a retailer can apply for 13 Lots (715 shares) of value Rs 1,94,480.
S-HNI Investment Details
S-HNI (High Networth Individuals) can apply for a minimum of 14 Lots (770 shares) of value Rs 2,09,440. For a maximum investment, S-HNI can apply for 66 Lots (3,630 shares) of value Rs 9,87,360.
B-HNI Investment Details
B-HNI (Big High Networth Individuals) can apply for a minimum of 67 Lots (3,685 shares) of value Rs 10,02,320.
Employees Investment Details
No information is available for the company’s employees in terms of any discount or applying the IPO.
Go Digit General Insurance Limited IPO GMPÂ
The GMP (Grey Market price) for Go Digit General IPO was Rs 17 (till 22 May 2024 Evening).
| IPO Company Name | Go Digit General Insurance Limited |
| Company’s Work | Deals in non-life insurance products (almost 70+ products) |
| IPO Issue Size | 9,61,26,686 shares (Rs 2614.65 crores) |
| Freshly Issued Shares | 4,13,60,294 shares (Rs 1,125 crores) |
| Offer For Sale Shares | 5,47,66,392 shares (Rs 1489.65 crores) |
| Retail (Min.) | 1 Lot (55 Shares) of Value (Rs 14,960) |
| Retail (Max.) | 13 Lots (715 shares) of value (Rs 1,94,480) |
| S-HNI (High Networth Individuals) Min. | 14 Lots (770 shares) of value (Rs 2,09,440) |
| S-HNI (High Networth Individuals) Max. | 66 Lots (3,630 shares) of values (9,87,360) |
| B-HNI (Big High Networth Individuals) | 67 lots (3,685 shares) of value (Rs 10,02,320) |
| Go Digit General Insurance IPO GMP | Rs 17 (Last updated 22 May 2024) |
Read Also AWFIS Space Solutions Limited IPO 2024 AWFIS Space IPO Details
Go Digit General Insurance IPO Subscription Data
As per the data, a total of 9.56x the Go Digit Insurance IPO was subscribed as of the closing date (17 May 2024). In this subscription 4.11x by retail individual investors, 12.56x subscribed by the QIB (Qualified Institutional Buyers), and 7.17x subscribed by NII (Non Institutional Investors).
| Category | Subscription Rate |
| Retail Individual Investors | 4.11x |
| QIB (Qualified Institutional Buyers) | 12.56x |
| NII (Non-Institutional Investors) | 7.17x |
| Total | 9.56x |
FAQ – Go Digit General Insurance IPO
Few frequently asked questions regarding Go Digit Insurance IPO 2024.
Who is the registrar of Go Digit General Insurance Limited IPO?
The Registrar of Go Digit General Insurance Limited IPO is Link Intime India Private Limited.
For More Information about Company Visit Go Digit
