Go Digit General Insurance IPO
ListedGo Digit General Insurance IPO Details
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Bidding Date
15-May-2024 to
17-May-2024 -
Issue Size
₹1602.15 Cr
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Price Band
₹258 to ₹272
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Allotment date
21-May-2024
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Listing date
23-May-2024
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Lot size
55
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No. of shares
5,89,02,421
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Fresh issue/OFS
₹112.5 Cr/₹1489.65 Cr
About Go Digit General Insurance Company
Go Digit General Insurance Ltd is a digital full-stack insurance company established in 2017. They specialize in offering a wide range of non-life insurance products, including motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and more. Their customers have the flexibility to customize their insurance policies to meet their specific needs. With a customer base of over 43.26 million since their inception, they have demonstrated substantial growth, achieving a GWP of 66.80 billion for the nine months ended December 31, 2023. By deploying a combination of insurance and technology solutions, the company provides a comprehensive approach to product design, distribution, and customer experience.
Read our in-depth analysis of the Go Digit General Insurance Ltd IPO Here
Subscription Status
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Category
Status
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QIBs
12.6x
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NIIs
7.2x
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Retail
4.3x
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Others
--
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Total
9.6x
FAQs for Go Digit General Insurance IPO.
What is the issue size of Go Digit General Insurance IPO?
The issue size of Go Digit General Insurance is ₹1,602.15 Cr.
What is the industry of Go Digit General Insurance?
Go Digit General Insurance falls into Insurance industry.
Where Go Digit General Insurance IPO will be listed?
The Go Digit General Insurance IPO will be listed on both NSE and BSE.
What are the open and close dates for the Go Digit General Insurance IPO?
The open and close dates for the Go Digit General Insurance are 15-May-2024 & 17-May-2024.
What are the price band for Go Digit General Insurance IPO?
The price band for the Go Digit General Insurance ipo is ₹258 to ₹272
What is the listing date of Go Digit General Insurance IPO?
The listing date of Go Digit General Insurance IPO is 23-May-2024.
What is the purpose for the Go Digit General Insurance IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Go Digit General Insurance IPO subscribed?
Go Digit General Insurance total subscription ratio is 9.6X.
What are the key financials for the Go Digit General Insurance IPO?
Key financial of the Go Digit General Insurance are:
| Go Digit General Insurance | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | -- | -- | -- |
| EBIT (₹ Cr) | -- | -- | -- |
| Proft after Tax (₹ Cr) | 181.68 | 35.55 | -295.86 |
| Debt (₹ Cr) | 350 | 0 | -- |
| Net Worth (₹ Cr) | 2546.63 | 2352.31 | 0 |
| RoE (%) | 7.13 | 1.51 | -- |