Business Standard

Go Digit General Insurance Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

2,614.65 cr

Price Range (₹)

272

Lot Size

55

Min Investment (₹)

14,960.00

Listing Exchange

MumbaiNSE

Open Date

15-May-2024

Close Date

17-May-2024

Listing Date

23-May-2024

Go Digit General Insurance Ltd News

    The Shares of Go Digit General Insurance Ltd have now been listed.

    Go Digit General Insurance Ltd IPO Details

    Initial public offering of 96,126,686 equity shares** of face value of Rs. 10 each (Equity Shares) of Go Digit General Insurance Iimited (the Company or the Issuer) for cash at a price of Rs. 272 per equity share (including a share premium of Rs. 262 per equity share) (Offer Price) aggregating to Rs. 2614.65 crores** (the Offer) comprising a fresh issue of 41,360,294 equity shares** aggregating to Rs. 1125.00 crores** by the company (the Fresh Issue) and an offer for sale of 54,766,392 equity shares** aggregating to Rs. 1489.65 crores** by the selling shareholders referred to in annexure a (the Offer for Sale). The offer constituted 10.48% of our post-offer paid-up equity share capital. The offer price is 27.2 times the face value of the equity shares. **Subject to finalization of basis of allotment

    Objective of issue

    To achive the benefits of Listing the Equity Shares on the Stock Exchange.

    Go Digit General Insurance Ltd Contact Details

    Go Digit General Insurance Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@godigit.com

    Website - www.godigit.com