Go Digit IPO Details date Review, IPO Status 2024

Go Digit IPO Details date Review, IPO Status 2024. Go Digit General Insurance Limited  IPO Details. Go Digit General Insurance Limited was incorporated in December 2016. Go Digit IPO subscription opens from 15 May 2024 and issue closes on 17 May 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.258 to Rs.272 per share. The minimum lot size is 55 shares per lot. This is a Book Built Issue IPO.

1. Go Digit General Insurance Limited IPO Offer For Sale is, 54766392 shares and aggregate up to ₹ 1489.65 Cr.
2. Go Digit General Insurance Limited IPO  Fresh Offer is,  41,360,294 shares  and aggregate up to ₹ 1125.00 Cr
3. Go Digit IPO Total Issue Size is, 96,126,686 shares and company wants to aggregate up to ₹ 2614.65 Cr.
4. Company Share Holding, Pre Issue is 875,842,046 shares.
5. Company Share Holding, Post Issue will be 917,202,340 shares.
6. This IPO is Listing at NSE, BSE on 25th May 2024.

Link Intime India Private Limited is the registrar of  the GO Digit General Insurance IPO and  HDFC Bank Limited, Nuvama Wealth Management Limited, ICICI Securities Limited,  Morgan Stanley India Company Private Limited are the book running lead manager of Go Digit General Insurance Limited IPO.

Go Digit IPO Timeline :

1. Go Digit IPO issue opens on 15 May and closes on 17 May 2024.
2. Cut Off Time of UPI Payment is, Friday by 5pm on 17 May 2024.
3. IPO Issue Basis of Allotment is, Tuesday, 21 May 2024.
4. Who did not get the allotment of shares, Refunds Initiation begins from Wednesday 22 May 2024.
5. Who got the allotment, Shares will be Credited in their Demat Account by Wednesday 22 May 2024.
6. Finally IPO lists on Thursday, 23 May 2024.

This is the IPO timeline of Go Digit IPO.

Go Digit IPO Reservations for Investor Categories :

1. QIB Investors Shares Offered, Not more than 75% of the Net Issue.
2. Retail Investors Offered, Not less than 10% of the Net Shares Issue.
3. NII (HNI) Investors Offered Shares, Not less than 15% of the Net Issue.

 

Go Digit IPO Lot Size Minimum to Maximum allotment for Investors :

1. Retail Investor can apply for Minimum, 1 lot which has 55 shares and needs to invest amount ₹ 14960.
2. Retail Investor Maximum apply for 13 lot, 715 shares, required amount ₹ 194,480.
3. Small HNI Investor Minimum 14 lot, 770 shares, and investment of amount ₹ 209,440.
4. Small HNI Investor Maximum applies for 66 lot, 3630 shares, and require amount ₹ 987,360.
5. Big HNI Minimum applies for 67 lot, 3685 shares, and investable amount ₹ 1002,320.

An Intro About Go Digit Insurance Limited :

Established in December 2016, Go Digit General Insurance Limited provides a diverse range of insurance solutions, including motor, health, travel, property, marine, liability, and customizable insurance options tailored to individual preferences.

Key Highlights:

1. Offers 74 active products spanning all business segments.
2. Boasts approximately 61,972 partners, encompassing 58,532 POSPs and agents as of December 31, 2023.
3. Operates distribution centres in 24 states and union territories across India.
4. Employs 473 active bots for automating tasks for both internal functions and partners.
5. Maintains a network of 75 offices nationwide.
6. The workforce stood at 3,333 and 3,957 employees as of March 31, 2023, and December 31, 2023, respectively.

 

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status

Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status

With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium

If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker

If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List

 

How to apply for Go Digit IPO Subscription ?

There are some simple steps to follow

• First go to your brokers website and login there
• 2nd after login see the IPO section and click there
• 3rd click the Go Digit IPO Service Bid button here
• 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
• 5th Now visit your UPI app page and approve the amount transaction.
• 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application