ISSUE OPEN
Go Digit General Insurance Ltd.
Min Investment
₹14960
Subscribed Times
10x
Issues size
₹2614 Crores
Price Range
₹258 - ₹272
Open on
15 May'24
Close on
17 May'24

Application Details

Lot Size
55
Issue Size
₹2614 Crores
Issue Type
Book Building

IPO Timeline

15
May'24
Issue Open
17
May'24
Issue Close
21
May'24
Finalization of Basis of Allotment
22
May'24
Initiation of refund
22
May'24
Transfer of shares to Demat Account
23
May'24
Listing Date

Shares Offered

Qualified Inst. Buyers
75.00
Non Inst. Buyers
15.00
Retails Ind. Buyers
10.00

Subscription Status 

(as of 16 Jun 2024)
Overall Status9.57x
Qualified Inst. Buyers
12.56x
Non Inst. Buyers
7.20x
Retails Ind. Buyers
4.17x

Objects of the offer

Maintenance of Solvency Ratio

Company’s Financials

Mar 2022
Mar 2023
Mar 2024
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
The New India Assurance Company Ltd.43518.481116.486.7736.07
ICICI Lombard General Insurance Company Ltd.20487.371918.5938.944.47
Star Health and Allied Insurance Company Ltd.14022.37845.0114.4436.7

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Guide to IPO Investment

Company Contact Info

1 to 6 Floor, Ananta One,
Pride Hotel Lane,
Narveer Tanaji Wadi,
1 to 6 Floor, Ananta One,
Pride Hotel Lane,
Narveer Tanaji Wadi,Pune,Maharashtra-411005
Phone : 67495400

Book Running Managers

Axis Capital Ltd.
HDFC Bank Ltd.
ICICI SECURITIES LTD
IIFL Securities Ltd.
Morgan Stanley India Company Private Limited

Registrar & Transfer Agent

Link intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park,Lal Bahadur Shastri Marg,Vikhroli (West),Mumbai,Maharashtra-400083
Phone : 49186200
Fax :49186195/

Offer Related Information

Initial public offering of up to 96126687 equity shares of face value of Rs.10.00 each (Equity Shares) of Go Digit General Insurance Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.272.00 per equity share (including a premium of Rs.262.00 per equity share) ("Offer Price")
aggregating up to Rs.26146458864 crores.
Offer Price: Rs.272.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 55 equity shares and in multiples of 55 equity shares thereafter
Single-click UPI-based IPO application
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