The the leading digital full stack insurance company Go Digit General Insurance IPO (Digit IPO) will be hit the market Soon. The Company has filed the DRHP of this IPO. According to DRHP, the company wants to raise ₹- crore through IPO. The company will issue fresh shares of ₹1250 crores through this IPO and will issue shares through offer for sale of 109,445,561 shares.
The company has reserved 75% for QIB, 10% for retail and 15% for NII in this IPO.
■ Update : The Company has filed the DRHP of this IPO dated (16 August 2022).
The Company has filed the Revised DRHP of this IPO dated (30 March 2023).
Go Digit General Insurance limited one of the leading digital full stack non-life insurance companies, The company believe to be an innovative approach to product design, distribution and customer experience for motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance and other insurance products, which the customer can customize to meet his or her needs. You can check here to know Go Digit General Insurance IPO GMP and Go Digit General Insurance IPO subscription status here.
The company product design by enabling the incorporation of a modular product architecture and provides the backbone for our application program interfaces (“API”), applications, portals and website that allow customers and partners to engage with us convenientl. The company one of the first non-life insurers in India to be fully operated on cloud and have developed application programming interface (API) integrations with several channel partners.
The company had 1,063 API integrations with partners as of March 31, 2022, with 16.57 million policies issued by partners with API integrations since inception to March 31, 2022. The company maintain a broad distribution footprint across 24 of the 36 states and union territories in India as of today. As of March 31, 2022, the company has relationships with approximately 32,613 Key Distribution Partners, including approximately 30,960 POSPs, as well as individual agents, corporate agents, brokers and others.
| Read also: Upcoming IPO List 2022 |
The Company caters for approximately 82.9% of the GWPs written by these digital full stack insurance players s (₹ 52.68 billion in terms of GWP in Fiscal 2022) making it the largest digital full stack insurance player in India.The company fastest growing insurer among the top 10 private general insurers by GWP during the pandemic in Fiscal 2020 and Fiscal 2021.
Object Of the Issue :
- Gross Proceeds of the Fresh Issue
- Offer related expenses in relation to the Fresh Issue
Company Strengths :
- High-quality Customer Experience
- Our Focus on Empowering Our Distribution Partners
- Predictive Underwriting Models
- Advanced Technology Platform
- A nimble organization with a skilled and experienced management team
Go Digit General Insurance IPO Review :
■ Coming Soon
Go Digit General Insurance IPO Date & Price Band & Details :
| IPO Open : | Update Soon |
| IPO Close : | Update Soon |
| IPO Size : | ₹. Cr |
| Face Value : | ₹. Equity Share |
| Price Band : | ₹ – ₹ Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹. Cr |
| Fresh Issue : | ₹. Cr |
| Offer For Sale : | ₹. Cr |
Go Digit General Insurance IPO Market Lot :
Go Digit General Insurance IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | – | – | ₹- |
| Retail Maximum : | – | – | ₹- |
| S-HNI Minimum : | – | – | ₹- |
| B- HNI Minimum : | – | – | ₹- |
Go Digit General Insurance IPO Shares Offer :
A Total of – shares are to be bid for the public issue by Go Digit General Insurance IPO with – for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹– |
| Offer For Sale : | – | ₹– |
| Total : | – | ₹– |
Go Digit General Insurance IPO Reservation :
Go Digit General Insurance IPO Total Reservation of – shares are to be bid for the public issue by Go Digit General Insurance IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | – | ₹– |
| NII : | 15% | – | ₹– |
| RII : | 10% | – | ₹– |
| EMP : | – % | – | ₹- |
| Total : | 100% | – | ₹– |
Go Digit General Insurance IPO EPS & RoNW :
The Go Digit General Insurance company’s EPS growth is decreasing every year, which is shown to you in the table here.
| Year | EPS Growth | RoNW |
|---|---|---|
| 2022 | ₹-3.55 | 15.85% |
| 2021 | ₹-1.50 | 10.82% |
| 2020 | ₹-2.41 | 15.61% |
Go Digit General Insurance IPO Peer Comparison PE :
The Go Digit General Insurance, According to DRHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Star Health and Allied Insurance Company | 234.24 |
| 2. | ICICI Lombard General Insurance | 47.03 |
Go Digit General Insurance IPO Dates :
Go Digit General Insurance IPO Date is Announced Soon. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.
| Open Date : | Announced Soon |
| Close Date : | Announced Soon |
| Allotment Date : | Announced Soon |
| Refund Date : | Announced Soon |
| Share Credit Date : | Announced Soon |
| Listing Date : | Announced Soon |
Go Digit General Insurance IPO Form :
There are two ways to apply in Go Digit General Insurance IPO. You can apply for Go Digit General Insurance IPO through ASBA available in your bank account. You have to go to your online bank login and select Go Digit General Insurance IPO in the Invest section and apply through your bank account. Another option is you can apply for Go Digit General Insurance IPO through IPO form download through NSE and BSE. See the Go Digit General Insurance IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Go Digit General Insurance Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹- | ₹- | ₹- |
| 2021 | ₹- | ₹- | ₹- |
| 2020 | ₹- | ₹- | ₹- |
Company Promoters :
■ Kamesh Goyal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Go Digit General Insurance IPO Lead Managers :
■ ICICI Securities Limited
■ Morgan Stanley India Company Private Limited
■ Axis Capital Limited
■ Edelweiss Financial Services Limited
■ HDFC Bank Limited
■ IIFL Securities Limited
Go Digit General Insurance IPO Registrar :
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West) Mumbai 400 083
Maharashtra, India
Telephone: +91 (22) 4918 6200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Go Digit General Insurance IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Go Digit General Insurance Limited
1 to 6 Floor, Ananta One
Pride Hotel Lane
Narveer Tanaji Wadi
City Survey No. 1579
Shivajinagar, Pune 411005
Maharashtra, India
Telephone: +91 2067495400
Email:[email protected]
Website: https://www.godigit.com
Go Digit General Insurance IPO FAQs :
What is Go Digit General Insurance IPO?
Go Digit General Insurance IPO is Mainboard IPO. They are going to raise ₹. Crores via IPO. The issue is priced at ₹-₹- per equity share. The IPO is to be listed on NSE, BSE.
When Go Digit General Insurance IPO will open?
The IPO is to open on Announced Soon for QIB, NII & RII.
What is Go Digit General Insurance IPO Size?
Go Digit General Insurance IPO size is ₹- Crores.
What is the Fresh issue size of Go Digit General Insurance IPO?
The Fresh issue size of Go Digit General Insurance IPO ₹- Cr.
What is the Offer For Sale size of Go Digit General Insurance IPO?
The Offer For Sale size of Go Digit General Insurance IPO ₹- Cr.
What is Go Digit General Insurance IPO Price Band?
Go Digit General Insurance IPO Price Band is ₹-₹- Per share.
What is Go Digit General Insurance IPO Minimum and Maximum Lot Size?
The minimum – Shares with ₹- amount while the maximum – shares with ₹-.
What is Go Digit General Insurance IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Go Digit General Insurance IPO Allotment Date?
Go Digit General Insurance IPO allotment date is Announced Soon.
What is Go Digit General Insurance IPO Listing Date?
Go Digit General Insurance IPO listing date is Announced Soon. The IPO to list on NSE, BSE.
How to Apply the Go Digit General Insurance IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Digit General Insurance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Go Digit General Insurance IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Digit General Insurance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Go Digit General Insurance IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Go Digit General Insurance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Go Digit General Insurance IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Go Digit General Insurance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Go Digit General Insurance IPO GMP: Click Here Go Digit General Insurance IPO Subscription: Click Here Go Digit General Insurance IPO Allotment: Click Here Go Digit General Insurance IPO Listing: Click Here |
All Go Digit General Insurance IPO-related links are available here. If you want to know the details then click on Click Here Link.
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