Virat Kohi-invested Go Digit unveils IPO date & price details
Backed by Canada-based Fairfax & Indian power duo Virat Kohli & Anushka Sharma, Go Digit General Insurance has allotted the price band in the sort of 
258 – 272 for its 2,615 crore IPO – Initial public offering.
258 – 272 for its 2,615 crore IPO – Initial public offering.
Financial backers can propose for a minimum range of 55 equity shares in one portion & it increases subsequently. The issue will be open for the subscription from May 15, Wednesday & will continue open until May 17 Friday.
The proposals of anchor investor will be open a day earlier to the proposal opening date.
After the announcement of IPO opening, the shares of Go Digit Insurance are imposing a finest value of 50 in the unlisted market.
50 in the unlisted market.
The initial public offering of Go Digit contains a fresh share sale of 1,125 crore & an OFS – offer-for-sale of more than 5.47 crore equity shares accounting to 1,489. 65 crore.
1,125 crore & an OFS – offer-for-sale of more than 5.47 crore equity shares accounting to 1,489. 65 crore.
The shareholders of Go Digit, Virat & Anushka Sharma are not selling their market shares in the IPO. In the year 2020, Virat Kohli puts 2 crore capital in the new-age financial company to purchase 2.66 lakh equity shares. Anushka Sharma had infused her funds of 50 lakh in the company.
2 crore capital in the new-age financial company to purchase 2.66 lakh equity shares. Anushka Sharma had infused her funds of 50 lakh in the company.
The innovative insurance company based in Bengaluru presents insurances on diverse categories such as travel, marine, health, travel, property & some many other general insurances. The total valuation of the company is accounted over $1 billion. The company is one of India’s first non-life insurers to be a wholly cloud-based & assimilates APIs.
