Go Digit General Insurance Limited IPO
Go Digit General Insurance Limited was a mainboard IPO in the General Insurance sector, offered at ₹258–₹272 per share to raise ₹2,615 crore. The issue was subscribed 9.6× overall (QIBs 12.56×, NIIs 7.24×, retail 4.27×). It listed on 23 May 2024 at ₹286 and closed its first day at ₹306, a listing gain of +12.5% versus the ₹272 issue price. It now trades around ₹261 (-4.2% versus the issue price).
Frequently asked questions
- How many times was the Go Digit General Insurance Limited IPO subscribed?
- The Go Digit General Insurance Limited IPO was subscribed 9.6× overall — 12.56× in the QIB category, 7.24× among non-institutional investors, 4.27× in retail.
- What were the Go Digit General Insurance Limited IPO listing gains?
- Go Digit General Insurance Limited listed on 23 May 2024 at ₹286, closing its first day at ₹306 — a listing gain of +12.5% versus the ₹272 issue price.
- What were the retail allotment odds for the Go Digit General Insurance Limited IPO?
- Retail was subscribed 4.27×, so a single-lot application had roughly a 23.4% chance of allotment (about 1 in 4), and allotment was finalised on 21 May 2024.
- What was the price band and lot size of the Go Digit General Insurance Limited IPO?
- The price band was ₹258–₹272 per share, with a minimum lot of 55 shares (₹14,960 at the upper band).
- Who were the registrar and lead manager for the Go Digit General Insurance Limited IPO?
- Link Intime India Private Limited was the registrar, and ICICI Securities was the book-running lead manager.