| Company Name | Go Digit General Insurance Limited |
| Open Date | 15-05-2024 |
| Close Date | 17-05-2024 |
| Exchange | BSE, NSE |
| Lot Size | 55 Shares |
| Issue Price | ₹258 to ₹272 per share |
| Issue Size | 9,61,26,686 shares |
| Application Amount | ₹14,960 |
| Recommendation | Avoid |
Go Digit was incorporated December 2016 which specializes in Non-Life Insurance product selling digitally. The company has a registered office in Pune, Maharashtra, a corporate office in Bengaluru, Karnataka, and 75 branch offices across India.
The company provides various non-life insurance products, including motor, health, travel, property, marine, liability, and other customizable insurance solutions and is one of the top players in this segment. As of December 31, 2023 the company had 3,957 employees under its payroll(excluding undergraduate trainees and contract staff).
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Dec-23 |
| Total Assets | 1,874.80 | 2,919.01 | 3,346.75 | 3,619.95 |
| Net Assets | -118.55 | -293.64 | 39.19 | 130.83 |
| Total Borrowings | -122.76 | -295.85 | 35.54 | 129.02 |
| Total Revenue | 1,134.57 | 1,866.87 | 2,325.47 | 2,459.34 |
| Profit After Tax | 973.14 | 1,975.07 | 2,383.61 | 2,391.97 |
| Total Borrowing | - | - | - | 200.00 |
| Opening Date | 15/05/2024 |
| Closing Date | 17-05-2024 |
| Basis of Allotment | 21-05-2024 |
| Initiation of Refunds | 22-05-2024 |
| Credit of Shares to Demat | 22-05-2024 |
| Listing Date | 23-05-2024 |
| To undertake its existing business activities. |
| To undertake the activities proposed to be funded from the Net Proceeds. |
| Registered Office | Go Digit General Insurance Limited 1 to 6 Floor, Ananta One, Pride Hotel Lane Narveer Tanaji Wadi, City Survey No.1579 Shivajinagar, Pune 411005 |
| Phone | +91 20 67495400 |
| cs@godigit.com | |
| Website | https://www.godigit.com/ |
| Go Digit IPO DRHP |
| Go Digit IPO RHP |
| Name | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| godigit.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/initial_offer/public-issues.html |
| Anchor Investor Shares Offered | 43,257,009 (45.00%) |
| QIB Shares Offered | 28,838,007 (30.00%) |
| Retail Shares Offered | 9,612,668 (10.00%) |
| NII (HNI) Shares Offered | 14,419,002 (15.00%) |
| Share Holding Pre Issue (Promoters) | 83.31% |
| Share Holding Post Issue (Promoters) | 73.58% |