Go Digit General Insurance Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 14-05-2024 | 16-05-2024 | 10 per share | 272 | 55 Shares | BSE, NSE | 96,126,686 shares (aggregating up to ₹2,614.65 Cr) | 2024-05-20 18:30:00 | 2024-05-21 18:30:00 | 2024-05-21 18:30:00 | 22-05-2024 |
About The Company
Go Digit IPO is a book built issue of Rs 2,614.65 crores. The issue is a combination of fresh issue of 4.14 crore shares aggregating to Rs 1,125.00 crores and offer for sale of 5.48 crore shares aggregating to Rs 1,489.65 crores.
Go Digit IPO opens for subscription on May 15, 2024 and closes on May 17, 2024. The allotment for the Go Digit IPO is expected to be finalized on Tuesday, May 21, 2024. Go Digit IPO will list on BSE, NSE with tentative listing date fixed as Thursday, May 23, 2024.
Go Digit IPO price band is set at ₹258 to ₹272 per share. The minimum lot size for an application is 55 Shares. The minimum amount of investment required by retail investors is ₹14,960. The minimum lot size investment for sNII is 14 lots (770 shares), amounting to ₹209,440, and for bNII, it is 67 lots (3,685 shares), amounting to ₹1,002,320.
ICICI Securities Limited, Morgan Stanley India Company Pvt Ltd, Axis Capital Limited, Hdfc Bank Limited, Iifl Securities Ltd and Nuvama Wealth Management Limited are the book running lead managers of the Go Digit IPO, while Link Intime India Private Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-12-2023 | 3620 | 131 | 129 | 2459.34 | 2391.97 | 200 |
| 30-03-2023 | 3347 | 39 | 36 | 2325.47 | 2383.61 | 0 |
| 30-03-2022 | 2919 | -294 | -296 | 1866.87 | 1975.07 | 0 |
| 30-03-2021 | 1875 | -119 | -123 | 1134.57 | 973.14 | 0 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 0.24 |
| Non-Institutional Buyers | 0.73 |
| bNII (bids above ₹10L) | 0.64 |
| sNII (bids below ₹10L) | 0.90 |
| Retail Investors | 2.57 |
| Total | 0.79 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 55 | 14960 |
| Retail (Max) | 13 | 715 | 194480 |
| S-HNI (Min) | 14 | 770 | 209440 |
| S-HNI (Max) | 66 | 3630 | 987360 |
| B-HNI (Min) | 67 | 67 | 1002320 |
IPO Listing Details
| Listing Date | 22-05-2024 |
| BSE Script Code | 544179 |
| NSE Symbol | GODIGIT |
| ISIN | INE03JT01014 |
| Final Issue Price | 272 |
Promoter holdings
Kamesh Goyal, GoDigit Infoworks Services Private Limited, Oben Ventures LLP And FAL Corporation.
Contact Information of the Company
Go Digit General Insurance Limited
1 to 6 Floor, Ananta One, Pride Hotel Lane
Narveer Tanaji Wadi, City Survey No.1579
Shivajinagar, Pune 411005,
Phone: +91 20 67495400
Email: cs@godigit.com
Website: https://www.godigit.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: godigit.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Manager
ICICI Securities Limited (Past IPO Performance) Morgan Stanley India Company Pvt Ltd (Past IPO Performance) Axis Capital Limited (Past IPO Performance) Hdfc Bank Limited (Past IPO Performance) Iifl Securities Ltd (Past IPO Performance) Nuvama Wealth Manag