Go Digit

JP Morgan and Aditya Birla Sun Life Mutual Fund have collectively acquired over 33.3 lakh shares of Go Digit General Insurance from Peak XV Partners for Rs 100 crore through open market transactions. Following the transaction, shares of Go Digit General Insurance on Friday rose 5 per cent to Rs 318 apiece on the National Stock Exchange (NSE). US-based JP Morgan through its affiliate JP Morgan (Taiwan) Eastern Technology Fund and Aditya Birla Sun Life Mutual Fund purchased 33,33,500 shares representing nearly a 0.4 per cent stake in Bengaluru-based Go Digit General Insurance, according to the block deal data executed on Thursday on the exchange. The shares were acquired at an average price of Rs 300 apiece, taking the combined deal value to Rs 100 crore. Meanwhile, venture capital firm Peak XV Partners through its arm Peak XV Partners Growth Investments III offloaded the same number of shares in the transaction, as per the data. The stake sale comes after Peak XV Partners fully exi

According to NSE, Aditya Birla Sunlife Mutual Fund has purchased 2.1 million shares of Digit General Insurance, while JPMorgan (Taiwan) Eastern Technology Fund also acquired 1.1 million shares.

Go Digit General Insurance on Saturday said it has received a demand notice of about Rs 170 crore for short payment of goods and services tax (GST) for nearly five years. The company has received an order copy from the Office of the Commissioner of GST & Central Excise, Chennai South Commissionerate on March 6, confirming GST demand of Rs 154.80 crore levying penalty of Rs 15.48 crore and Interest u/s 50 of CGST Act, 2017 for the period July 2017 to March 2022, the insurer said in a regulatory filing. The company is in the process of evaluating the legal advice on the implications and would file an appeal, it said.

In Q3, Go Digit reported a net profit of ₹140 crore, as compared to ₹119 crore year-on-year (Y-o-Y)

The largest expiry falls on November 26, when NTPC Green Energy unlocks 5,806 million shares, amounting to 69 per cent of its outstanding equity and valued at ₹56,347.42 crore

The insurance company experienced a double-digit rise of 36.6 per cent in its profit after tax (PAT) during the quarter ended June 30, 2025, to ₹138 crore

Go Digit General Insurance reported Q1FY26 net profit of Rs 138 crore, up 37% year-on-year, with improved investment income and steady gross and net premium growth

For the full financial year 2024-25, the company's profit after tax surged by 133.5 per cent to Rs 425 crore, compared to Rs 182 crore in FY24

Go Digit share price: Go Digit made its stock market debut on May 23, 2024 with a 5 per cent premium over the IPO price of Rs 272 per share

Go Digit reported a significant 74.1 per cent year-on-year (Y-o-Y) increase in net profit for the third quarter ending December 31, 2024 (Q3FY25)

General insurance firm Go digit on Wednesday reported a nearly three-fold rise in its net profit at Rs 119 crore in the three months ended December 2024. The Fairfax-backed company had earned a net profit of Rs 43 crore in the same period a year ago. The gross written premium for the quarter rose to Rs 2,677 crore against Rs 2,428 crore in the year-ago period, Go Digit said in a regulatory filing. As at December 31, 2024, the assets under management stood at Rs 18,939 crore, compared to Rs 15,764 crore at the end of March 31, 2024.

In the past two trading sessions, Go Digit's stock increased up to 3 per cent. Including today's gain, it reached an intraday high of Rs 370 on Monday.

The stock debuted on a quiet note on the stock exchanges, BSE and NSE, on May 23, 2024. Go Digit stock listed at Rs 281.10 apiece on the BSE as against an issue price of Rs 272

Go Digit stock: Go Digit's valuation at FY26E P/E of 49.6x and P/B of 5.9x seems to be building-in an optimistic outlook and ignoring the challenges, Emkay Global said