Go Digit General Insurance Limited
Mainboard₹14,960 / 55 Shares
Go Digit General Insurance Limited IPO Details
The Go Digit General Insurance Limited IPO price band is set between ₹258-272 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 15 May, 2024 and closes on 17 May, 2024. Investors can check the allotment status on 21 May, 2024, while the listing date is tentatively scheduled for 23 May, 2024.
The total issue size is Total ₹2,614.65 Cr :#Fresh Issue : 41,360,294 shares, aggregating up to ₹1,125.00 Cr. Stay tuned for the latest Go Digit General Insurance Limited IPO review and GMP updates.
Go Digit General Insurance Limited IPO Review, Rating & Analysis
Go Digit General Insurance Limited IPO Review
NO REVIEWGo Digit General Insurance Limited IPO Rating
Go Digit General Insurance Limited IPO Highlights
IPO Date
May 15, 2024 - May 17, 2024
Listing Date
23 May, 2024
Face Value
₹10 Per Equity Share
Price Band
₹258-272 per equity share
Lot Size
55 Shares
Fresh Issue
41,360,294 Shares
Offer for Sale
54,766,392 shares of ₹10
Listing At
BSE, NSE
Go Digit General Insurance Limited IPO Lot Size
The minimum market lot for Go Digit General Insurance Limited IPO is 55 shares with an application amount of ₹14,960. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 55 | ₹14,960 |
| Retail (Max) | 13 | 715 | ₹1,94,480 |
| S-HNI (Min) | 14 | 770 | ₹2,09,440 |
| S-HNI (Max) | 66 | 3630 | ₹9,87,360 |
| B-HNI (Min) | 67 | 3685 | ₹10,02,320 |
Go Digit General Insurance Limited IPO Timeline
Issue Price
₹258-272 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
ICICI Securities LimitedMorgan Stanley India Company Pvt LtdAxis Capital LimitedEdelweiss Financial Services LtdHdfc Bank LimitedIifl Securities LtdIssue Size
Total ₹2,614.65 Cr :#Fresh Issue : 41,360,294 shares(aggregating up to ₹1,125.00 Cr) +
#OFS : 54,766,392 shares of ₹10(aggregating up to ₹1,489.65 Cr)
Go Digit General Insurance Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 23 | 3619.95 | 130.83 | 129.02 | 2459.34 | 2391.97 | 200.00 |
| 31 Mar 23 | 3346.75 | 39.19 | 35.54 | 2325.47 | 2383.61 | N/A |
| 31 Mar 22 | 2919.01 | -293.64 | -295.85 | 1866.87 | 1975.07 | N/A |
| 31 Mar 21 | 1874.80 | -118.55 | -122.76 | 1134.57 | 973.14 | N/A |
All values are in ₹ Cr.
Go Digit General Insurance Limited IPO Valuations
EPS Pre IPO
₹0.41/-EPS Post IPO
₹1.88/-PE Pre IPO
670.31PE Post IPO
145.03ROE
%ROCE
%Debt Equity
-RoNW
5.25%PAT Margin
-Price to Book Value
9.67Promoters & Share Holding
Promoter(s) Name
- Kamesh Goyal
- GoDigit Infoworks Services Private Limited
- Oben Ventures LLP And FAL Corporation
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 83.31% | N/A% |
About Company
Go Digit General Insurance Limited is an insurance provider offering motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance and other insurance products, which customers can customize to meet their needs.
The company has currently launched a total of 74 active products across all its business lines.
As of December 31, 2023, the company had about 61,972 partners, including 58,532 POSPs and other agents.
As of December 31, 2023, the company had a distribution centers in 24 states and union territories in India.
As of Dec 31, 2023, company had 473 active bots to automate tasks for functions and partners.
As of December 31, 2023, the company currently operates 75 offices throughout India.
Go Digit General Insurance Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 28,838,007 | 14,419,002 9,612,668 4,806,334 | 9,612,668 | 52,869,677 |
Day 1 -15-05-24 05:00 PM | 0.00 x | 0.35 0.31 x 0.42 x | 1.49 x | 0.37 x |
Day 2 -16-05-24 05:00 PM | 0.24 x | 0.73 0.64 x 0.90 x | 2.54 x | 0.79 x |
Day 3 -17-05-24 05:00 PM | 12.56 x | 7.23 8.28 x 5.14 x | 4.26 x | 9.60 x |
Retail:3.35x
BHNI:1.56x
SHNI:4.74x times
Company Contact Details
Go Digit General Insurance Limited
1 to 6 Floor, Ananta One, Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No.1579 Shivajinagar, Pune 411005Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: godigit.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions about Go Digit General Insurance Limited IPO
When will Go Digit General Insurance Limited IPO open for subscription?
The Go Digit General Insurance Limited IPO opens on 15 May, 2024 and closes on 17 May, 2024.
What is the investors portion for Go Digit General Insurance Limited IPO?
The investors' portion for QIB is 12.56 x, NII is 8.28 x, and Retail is 4.26 x.
How to apply for Go Digit General Insurance Limited IPO?
You can apply for Go Digit General Insurance Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Go Digit General Insurance Limited IPO?
The issue size of Go Digit General Insurance Limited IPO is approx ₹Total ₹2,614.65 Cr :#Fresh Issue : 41,360,294 shares(aggregating up to ₹1,125.00 Cr) +#OFS : 54,766,392 shares of ₹10(aggregating up to ₹1,489.65 Cr) crores.
What is the price band of Go Digit General Insurance Limited IPO?
The price band for Go Digit General Insurance Limited IPO is ₹258 to ₹272 per equity share.
What is the lot size of Go Digit General Insurance Limited IPO?
The minimum bid (lot size) for Go Digit General Insurance Limited IPO is N/A shares with an investment of approx ₹14,960 .
What is the allotment date of Go Digit General Insurance Limited IPO?
The allotment date for Go Digit General Insurance Limited IPO is 21 May, 2024.
What is the listing date of Go Digit General Insurance Limited IPO?
The listing date for Go Digit General Insurance Limited IPO is expected to be 23 May, 2024.
What is the GMP of Go Digit General Insurance Limited IPO?
The latest Grey Market Premium (GMP) for Go Digit General Insurance Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.