GO DIGIT GENERAL INSURANCE
ListedMainboardFinancial Services / Insurance · NSE / BSE
Go Digit General Insurance Limited started its journey in December 2016 and has quickly become one of India's leading insurance providers. The company offers a wide variety of insurance products like motor, health, travel, property, marine, and liability insurance, catering to different customer needs. With 74 active insurance products and a strong network of 61,972 partners (including 58,532 POSPs and agents), Go Digit has made its mark across 24 states and union territories in India. The company uses 473 active bots to automate tasks, making processes faster and more efficient for both customers and partners. Go Digit operates through 75 offices across the country, with a growing team of 3,957 employees as of December 31, 2023 – a significant jump from 3,333 employees in March 2023. The company’s focus on technology and customer satisfaction has helped it become a trusted name in the insurance industry.
Price Band
₹258 – ₹272
Issue Size
₹2615 Cr
Lot Size
55 shares
GMP
₹8
+2.9%
Est. Listing
₹280
at current GMP
Subscribed
9.60x
overall
Open
15 May 2024
Close
17 May 2024
Allotment
21 May 2024
Refund
22 May 2024
Demat Credit
23 May 2024
Listing
23 May 2024
Last updated 12 days ago
Overall Subscription
9.60x
Total Demand
QIB Multiplier
12.56x
Institutions & Funds
NII / HNI
7.24x
High Net-Worth
Retail (RII)
4.27x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 28,838,007 | 362,269,545 | 12.56x |
| NIB | 14,419,002 | 104,340,610 | 7.24x |
| HNIs(10L +) | 9,612,668 | 79,585,330 | 8.28x |
| HNIs (2-10L) | 4,806,334 | 24,755,280 | 5.15x |
| RETAIL | 9,612,668 | 41,011,300 | 4.27x |
| Total | 67,288,679 | 611,962,065 | 9.60x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 12,484 | 20,396 | 1.63x |
| HNIs (2-10L) | 6,242 | 30,720 | 4.92x |
| RETAIL | 174,775 | 534,535 | 3.06x |
| Total Applications | 193,501 | 585,651 | 3.03x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About GO DIGIT GENERAL INSURANCE Public Issue & Market Profile
GO DIGIT GENERAL INSURANCE is bringing an initial public offering (IPO) in the Financial Services / Insurance sector with an aggregate issue size of ₹2,614.65 Crores. The shares are offered at a price band of ₹258 to ₹272 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 55 shares (approx. ₹14,960 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-05-23, while un-allotted funds or UPI block mandates will be released on 2024-05-22.
Frequently Asked Questions
What is GO DIGIT GENERAL INSURANCE IPO GMP today?
The latest Grey Market Premium (GMP) for GO DIGIT GENERAL INSURANCE IPO is ₹8 per equity share. Based on the upper price band of ₹258 to ₹272 per equity share, the estimated listing price is ₹280 (+2.9% expected listing gain).
What is the expected profit per lot for GO DIGIT GENERAL INSURANCE IPO?
With a lot size of 55 shares and current GMP of ₹8, the expected profit per application lot is approx ₹440 (+2.9% gain). Minimum application cost is approx ₹14,960.
What is the issue size and price band for GO DIGIT GENERAL INSURANCE IPO?
The GO DIGIT GENERAL INSURANCE IPO aggregate issue size is ₹2,614.65 Crores with an equity price band set at ₹258 to ₹272 per equity share. The retail lot size is 55 shares requiring a minimum capital outlay of approx. ₹14,960.
How can I check GO DIGIT GENERAL INSURANCE IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 9.60x (Retail: 4.27x, QIB: 12.56x, NII: 7.24x). You can track live multiples directly on our dedicated subscription page.
Where and when will GO DIGIT GENERAL INSURANCE IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-05-21. Investors can verify status using PAN card or application number.
When is the listing date for GO DIGIT GENERAL INSURANCE IPO?
GO DIGIT GENERAL INSURANCE shares are scheduled to list on NSE and BSE on 2024-05-23.