Go Digit General Insurance IPO GMP Today, Go Digit General Insurance IPO Grey Market Premium Updates | Go Digit General Insurance IPO, Latest target, Opening gain
As of December 31, 2023, the company had about 61,972 partners, including 58,532 POSPs and other agents. As of Dec 31, 2023, company had 473 active bots to automate tasks for functions and partners.
The company has currently launched a total of 74 active products across all its business lines. As of December 31, 2023, the company had a distribution centers in 24 states and union territories in India.
As of March 31, 2023 and December 31, 2023, the company had 3,333 and 3,957 employees, respectively. As of December 31, 2023, the company currently operates 75 offices throughout India.
Go Digit General Insurance IPO Details:
| Issuer | Go Digit General Insurance IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 15 May 2024 | |
| Issue Closes: 17 May 2024 | ||
| Price Brand | ₹258 to ₹272 per share | |
| Issue Size | ₹2,614.65 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 55 Shares | |
| Retail (Max) | ₹194,480 | |
| QIB | 75% | |
| HNI | 15% | |
| Retail Individual Bidders | 10% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 96,126,686 shares | |
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Go Digit General Insurance IPO GMP Rates day by day
Go Digit General Insurance IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 55 | ₹14,960 |
| Retail (Max) | 13 | 715 | ₹191,360 |
| 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 Date, Allotment & Listing:
| Go Digit General Insurance IPO Opening Date: | May 15, 2024 |
| Go Digit General Insurance IPO Closing Date: | May 17, 2024 |
| Basis of Allotment: | May 21, 2024 |
| Initiation of Refunds: | May 22, 2024 |
| Credit to Demat Account: | May 22, 2024 |
| Listing Date: | May 23, 2024 |
Go Digit General Insurance Limited Financial Information (Restated Consolidated)
Go Digit General Insurance Limited’s revenue increased by 113.35% and profit after tax (PAT) rose by 112.01% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 3,619.95 | 3,346.75 | 2,919.01 | 1,874.80 |
| Revenue | 130.83 | 39.19 | -293.64 | -118.55 |
| Profit After Tax | 129.02 | 35.54 | -295.85 | -122.76 |
| Net Worth | 2,459.34 | 2,325.47 | 1,866.87 | 1,134.57 |
| Reserves and Surplus | 2,391.97 | 2,383.61 | 1,975.07 | 973.14 |
| Total Borrowing | 200.00 | |||
| Amount in ₹ Crore | ||||
Key Performance Indicator
The market capitalization of Go Digit IPO is Rs 24947.9 Cr.
KPI as of December 31, 2023.
| KPI | Values |
|---|---|
| RoNW | 5.25% |
| P/BV | 9.67 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0.41 | 1.88 |
| P/E (x) | 670.31 | 145.03 |
Objects of the Issue (Go Digit IPO Objectives)
The Company proposes to utilise the Net Proceeds towards the following objects
- To undertake its existing business activities; and
- To undertake the activities proposed to be funded from the Net Proceeds.
- Further, the Company expects to receive the benefits of listing the Equity Shares on the Stock Exchanges, which, the company believes, will enhance the visibility and its brand image among its existing and potential customers.
GO DIGIT GENERAL INSURANCE IPO ALLOTMENT STATUS
How to Apply for Go Digit General Insurance IPO?
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How to Apply Go Digit General Insurance IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Digit General Insurance”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Go Digit General Insurance IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Go Digit General Insurance”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Go Digit General Insurance IPO is a main-board initial public offering of 96,126,686 Equity shares of the face value of ₹10 aggregating up to ₹2,614.65 Crores. The issue price of the IPO is ₹258 to ₹272 Per Equity Share. The minimum order quantity is 55 Shares per application and the offer type is Book Built Issue. The IPO opens on May 15, 2024 and closes on May 17, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Go Digit General Insurance IPO opens on May 15, 2024 and closes on May 17, 2024.
You can apply in Go Digit General Insurance IPO online using either UPI or ASBA as payment method. ICICI Securities Limited, Morgan Stanley India Company Pvt Ltd, Axis Capital Limited, Hdfc Bank Limited, Iifl Securities Ltd and Nuvama Wealth Management Limited are the book running lead managers of the Go Digit IPO, while Link Intime India Private Ltd is the registrar for the issue.
The finalization of Basis of Allotment for Go Digit General Insurance IPO will be done on May 21, 2024, and the allotted shares will be credited to your demat account by May 22, 2024. Check the Go Digit General Insurance IPO allotment status.
The Go Digit General Insurance IPO listing date is not yet announced. The tentative date of Go Digit General Insurance IPO listing is May 23, 2024.
Go Digit General Insurance IPO lot size is 55 Shares and the minimum order quantity is 1 Shares.