Go Digit IPO Listing LIVE Updates: Shares debut at 5.15% premium over issue price
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Earlier, Zee Business Managing Editor Anil Singhvi suggested investors to avoid Go Digit IPO.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Shares of Go Digit General Insurance Ltd, a firm backed by Canada-based Fairfax Group, will list on bourses today i.e. May 23. According to the information available, the company’s shares will be listed on both the stock exchanges - BSE and National Stock Exchange (NSE).
Earlier, Zee Business Managing Editor Anil Singhvi suggested investors to avoid Go Digit IPO.
Follow Zee Business' Live Blog for all the latest updates on Go Digit shares listing on NSE, BSE:
Latest Updates
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Price settles at 5.15% premium over issue price in pre-open market
In the pre-opening session, GO Digit shares settled at Rs 286 on the NSE, a premium of 5.15 per cent over the issue price of Rs 270 per share.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Price settles at 3.35% premium over issue price in pre-open market
In the pre-opening session, GO Digit shares settled at Rs 281.10 on the BSE, a premium of 3.35 per cent over the issue price of Rs 270 per share.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Book-running lead managers
ICICI Securities, Morgan Stanley India Company, Axis Capital, HDFC Bank, Nuvama Wealth Management, and IIFL Securities are the book-running lead managers to the offer.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: What does the company do?
Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products to meet the needs of the customers.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Virat Kohli, Anushka Sharma are among the investors in the firm
Cricketer Virat Kohli and his wife and actor Anushka Sharma are among the investors in the firm. They are not selling any stake in the IPO.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Fresh issuance of equity shares worth Rs 1,125 crore
Go Digit's IPO has a fresh issuance of equity shares worth Rs 1,125 crore and an offer for sale (OFS) of 5.47 crore equity shares by promoter Go Digit Infoworks Services and existing shareholders worth Rs 1,490 crore. This takes the total IPO size to Rs 2,615 crore at the upper end of the price band.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Price band of Rs 258-272 per share
The price band for the offer has been fixed at Rs 258-272 per share.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Received bids for 50,76,21,455 shares
The Rs 2,615-crore initial share sale received bids for 50,76,21,455 shares against 5,28,69,677 shares on offer, as per NSE data.
Go Digit IPO Listing Live NSE, BSE; GO Digit Share Price NSE, BSE: Received 9.6 times subscription
The initial public offering (IPO) of Go Digit General Insurance, backed by Canada-based Fairfax, received 9.6 times subscription on the closing day of the share-sale on Friday.
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