Go Digit General Insurance
Go Digit General Insurance Info
Details about the Go Digit General Insurance IPO. Opening Date of Go Digit General Insurance is 15 May 24 and Closing Date is 17 May 24 . Face Value of Each share of Go Digit General Insurance is ₹10 per share. Price band of Go Digit General Insurance is ₹258 to ₹272. The Lot size of Go Digit General Insurance is 55 shares. Total issue size of Go Digit General Insurance IPO is ₹2614.65 cr. Fresh Issue of Go Digit General Insurance IPO is 1,125 cr. Go Digit General Insurance IPO also includes offer for sale of ₹1,489.65 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Go Digit General Insurance is 875,842,046. Share Holding Post Issue of Go Digit General Insurance is 917,202,340.
Business Summary
Go Digit General Insurance is one of the leading digital full stack insurance companies, leveraging the technology to power what they believe to be an innovative approach to product design, distribution, and customer experience for non-life insurance products.
Company offer motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance and other insurance products, which the customers can customize to meet his or her needs.
Go Digit General Insurance IPO Details
| Open Date | 15 May 24 |
|---|---|
| Close Date | 17 May 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹258 - ₹272 |
| Lot Size | 55 Shares |
| Total issue Size | 96,126,686 Shares ₹2614.65 cr |
| Fresh Issue | 41,360,294 Shares ₹1125 cr |
| Offer for Sale | 54,766,392 Shares (₹1,489.65 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 875,842,046 |
| Share Holding Post Issue | 917,202,340 |
| RHP , DHRP | View RHP, View DRHP |
Go Digit General Insurance IPO Timeline
The Go Digit General Insurance Initial Public Offering (IPO) is set to open on 15 May 24 and will end its subscription phase on 17 May 24. You can check your allotment status for Go Digit General Insurance on 21 May 24. The refund process for your funds will start promptly on 22 May 24. Go Digit General Insurance IPO credit of shares will be on 22 May 24. The listing date for Go Digit General Insurance is on 23 May 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Go Digit General Insurance IPO Reservation
The Go Digit General Insurance IPO reserves shares for different investor categories. Approximately Not More than 75% of the Net Issue will be available for QIB, Not more than 15% of the Net Issue will be available for NII, Not more than 10% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not More than 75% of the Net Issue |
| NII | Not more than 15% of the Net Issue |
| Retail | Not more than 10% of the Net Issue |
Go Digit General Insurance IPO Lot Size
Bids can be made for minimum of 55 shares and in multiple of 55 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 55 | 14,960 |
| Retail (Max) | 13 | 715 | 194,480 |
| S-HNI (Min) | 14 | 770 | 209,440 |
| S-HNI (Max) | 66 | 3,630 | 987,360 |
| B-HNI (Min) | 67 | 3,685 | 1,002,320 |
Go Digit General Insurance IPO Promoters Holding
Promoters holding details for Go Digit General Insurance in the current issue is as follows: The share holding of promoters before the issue stands at 83.31%, and after the issue, it has been adjusted to -%.
Promoters of Go Digit General Insurance are Kamesh Goyal, GoDigit Infoworks Services Private Limited, Oben Ventures LLP, FAL Corporation,
| Share Holding Pre Issue | 83.31% |
|---|---|
| Share Holding Post Issue | -% |
Go Digit General Insurance Financial Information
Financial performance details for Go Digit General Insurance over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 3,619.95 | 3,346.75 | 2,919.01 | 1,874.8 |
| Revenue | 130.83 | 39.19 | -293.64 | -118.55 |
| Profit After Tax | 129.02 | 35.54 | -295.85 | -122.76 |
Go Digit General Insurance IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Go Digit General Insurance are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 670.31 |
| EPS (Rs) | 0.41 |
Object of the Issue
- • Undertake existing business activities
- • Undertake proposed activities funded from the Net Proceeds
- • Expect benefits from listing Equity Shares on Stock Exchanges
Contact Details for Go Digit General Insurance
Phone
Office
1 to 6 Floor, Ananta One, Pride Hotel Lane Narveer Tanaji Wadi, City Survey No.1579 Shivajinagar, Pune 411005
Registrar Details for Go Digit General Insurance
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • ICICI Securities Limited
- • Morgan Stanley India Company Pvt Ltd
- • Axis Capital Limited
- • Hdfc Bank Limited
- • Iifl Securities Ltd
- • Nuvama Wealth Management Limited