Go Digit IPO opens today: GMP, subscription status, review, other details. Apply or not?
₹1,176.59 crore from anchor investors on Tuesday, May 14. The company issued 4,32,57,009 equity shares to anchor investors at a price of ₹272 per share, as per the exchange filing.
Participating in the anchor were a number of domestic and international institutions, including Fidelity Investment Trust, Goldman Sachs, ACM Global Fund, ITPL Invesco India Mutual Fund, Custody Bank of Japan, Schroder International, East Spring Investments India, SBI Mutual Fund, ICICI Prudential Mutual Fund, Axis Mutual Fund, Mirae Asset Mutual Fund, Ashoka WhiteOak Mutual Fund, Malabar Mutual Fund, Steadview Capital Mauritius Ltd. The price band for the issue has been set at ₹258 to ₹272 for each equity share with a face value of ₹10.
The lot size for the IPO is 55 equity shares, and thereafter, there will be multiples of 55 equity shares. Also Read: Go Digit IPO to open tomorrow: GMP, issue details, 10 key things to know before subscribing to the ₹2,615-crore issue About 75% of the issue size has been reserved for qualified institutional investors, 15% for non-institutional investors and the remaining 10% for retail investors.
Go Digit General Insurance Limited is an insurer offering a range of insurance products that customers may customise to suit their needs, including health, liability, property, marine, travel, and auto insurance. Promoters of the firm include Kamesh Goyal, GoDigit Infoworks Services Private Limited, Oben Ventures LLP, and FAL Corporation.
Cricket star Virat Kohli purchased ₹2 crore for the company's 2.67 lakh shares in 2020, while his wife, actress Anushka Sharma, invested ₹50 lakh to a private placement. The Go Digit General Insurance IPO consists of an offer-for-sale (OFS) of 54,766,392 equity shares by the
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