IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Performance
Performance Report
Go Digit General Insurance IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 2614.65 Cr. The company is based in Pune and caters to Insurance sector. Axis Capital , Hdfc Bank , ICICI Securities , Morgan Stanley India Company are the merchant bankers of Go Digit General Insurance IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November -0001.
Go Digit General Insurance IPO open date is 15th May 2024 and close date is 17th May 2024. IPO Allotment Date is 21st May 2024 and Listing date is 23rd May 2024.
IPO
Size:
₹ 2614.65 Cr.
Avg IPO Size (Sector Based)
: ₹
7,624.77 cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Pune
IPO so far:
19
Revenue (annualised):
₹
174.44
cr. 
PE
Ratio:
145.03x
Average Sector PE Ratio: 5.48x
Go Digit General Insurance IPO size is ₹ 2614.65 Cr. with IPO price of ₹ 272.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Go Digit General Insurance IPO. Link Intime India Private Limited is the Registrar for Go Digit General Insurance IPO.
Go Digit General Insurance IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Go Digit General Insurance IPO, based in Pune, operates in the Insurance sector with a focus on insurance companies. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Go Digit General Insurance IPO size is ₹ 2614.65 Cr. with fresh issue size of ₹ 1125.00 Cr. and Offer for sale being ₹ 1489.65Cr.
The IPO allotment date for Go Digit General Insurance IPO is expected to be 21st May 2024, after the finalization of basis of allotment. Investors can check Go Digit General Insurance IPO allotment status on the registrars website, Link Intime India Private Limited . Go Digit General Insurance IPO refund dates are 22nd May 2024.
Go Digit General Insurance IPO is expected to be listed on 23rd May 2024.
The upper price band for the Go Digit General Insurance IPO is set at ₹ 272.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Go Digit General Insurance IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Go Digit General Insurance IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th May 2024. After submission, funds are blocked until the basis of allotment of Go Digit General Insurance IPO is finalised.
The merchant banker for Go Digit General Insurance IPO is Axis Capital Limited , Hdfc Bank Limited , ICICI Securities Limited , Morgan Stanley India Company Private Limited . Axis Capital Limited , Hdfc Bank Limited , ICICI Securities Limited , Morgan Stanley India Company Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Go Digit General Insurance IPO RHP for further details.
The registrar for Go Digit General Insurance IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Go Digit General Insurance IPO through their official website or helpline.
Go Digit General Insurance IPO was subscribed 9.60 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2614.65 Cr.
Avg IPO Size (Sector Based)
:
₹ 7,624.77 Cr.
Sector: Insurance
IPO so far:
11
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Pune
IPO so far:
19
Revenue (annualised):
₹ 8,906.24 cr.
PE
Ratio:
145.03x
Average Sector PE Ratio: 5.48x
Go Digit General Insurance IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Go Digit General Insurance Financial Review Page
Merchant Banker(s) of Go Digit General Insurance IPO: Axis Capital Limited , Hdfc Bank Limited , ICICI Securities Limited , Morgan Stanley India Company Private Limited
Go Digit General Insurance IPO subscription was 9.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Go Digit General Insurance IPO listed at a listing price of 305.75 against the offer price of 272.00.
The current market price of Go Digit General Insurance is 351.25.
Why Us?
